Take-Two banks on new games to boost bookings in next two fiscal years
By Zaheer Kachwala (Reuters) - Take-Two Interactive Software said on Thursday it expects net bookings to grow in fiscal years 2026 and 2027, as the videogame publisher gears up for the launch of its long-awaited "Grand Theft Auto VI" next year. Shares
Sony restructures leadership of key games business
By Sam Nussey TOKYO (Reuters) - Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business. Hideaki Nishino will become CEO of Sony Interactive Entertainment's Platform Business
Tencent’s next level up: fewer big foreign franchise games, more in-house
By Josh Ye HONG KONG (Reuters) - In a sea change at China's Tencent, an easy-to-play game of cute characters tackling obstacle courses has taken precedence over developing a big-budget sophisticated foreign franchise for smartphones. Since late last year, the world's largest
Games group Embracer’s share rally as maintains outlook
By Jesus Calero and Marie Mannes STOCKHOLM (Reuters) - Swedish games developer Embracer on Thursday reported slightly weaker than expected operating profit for the April to June period but reiterated its full-year guidance, saying its restructuring programme was on track. Adjusted operating
Sony shares slide after earnings highlight concern about games, sensors
By Sam Nussey TOKYO (Reuters) - Shares in Japan's Sony fell 6% in Tokyo trade after first-quarter profit tumbled, with the entertainment conglomerate reporting lacklustre performances by its movie and financial divisions. Operating profit slid 31% and comments by Sony executives over
Ubisoft Q1 net bookings drop on lack of new games releases
By Dina Kartit and PierreJohn Felcenloben (Reuters) - French video game producer Ubisoft, maker of the blockbuster "Assassin's Creed" franchise, on Thursday posted a 8.7% decline in net bookings in its first quarter, blaming a lack of new games releases. "It is
Microsoft inks Nvidia game deal to assuage regulators over Activision merger
A gamer plays "Call of Duty: Advanced Warfare" on an Xbox One console during the Xbox Play Day 2014, before the Gamescom 2014 fair in Cologne August 12, 2014. REUTERS/Wolfgang Rattay By Foo Yun Chee and Stephen Nellis BRUSSELS (Reuters) - Microsoft