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Posts tagged game-industry

EVE: Valkyrie to be co-published by Oculus

It's fairly obvious to interested observers that EVE: Valkyrie is intimately tied to the Oculus Rift. Its biggest selling point is creating that feel of really piloting a nimble little starfighter yourself, after all. And it looks like that's obvious to the team at Oculus as well, as the studio...

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Rhode Island senate passes 38 Studios legislation

A major hurdle in paving over the bad feelings, poor decisions, and millions of dollars in unpaid loans that 38 Studios caused when it defaulted two years ago has been crossed, as Rhode Island's Senate has approved legislation to settle the affair out of court. The Senate unanimously passed a...

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Legislation may pave a path for 38 Studios case settlement

Amazingly enough, the 38 Studios saga could be wrapped up soon if lawyers and the Rhode Island government agree on a path out of the legal swamp. The Associated Press is reporting that efforts are being made to settle the 38 Studios lawsuit out of the courts. Rhode Island's lawyer is encouraging...

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A look at game budgets (and MMO budgets)

Let's not delude ourselves: Companies are making games to make money. That's the whole point. But it's not about how much a game sells; it's about how much it sells compared to how much it costs to make. And that's a bit harder to be sure about, since most companies aren't in the habit of...

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Legislation introduced to resolve 38 Studios lawsuit

The ongoing saga of 38 Studios and the state of Rhode Island continued on Wednesday courtesy of Governor Lincoln Chafee introducing a new piece of legislation to the state assembly. Specifically targeting the ongoing lawsuit, the legislation would be used as an inducement for the former company to...

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38 Studios asset auction may be delayed due to high demand

When companies die, their assets are sold to make back whatever money can be recovered. That's normal. But you wouldn't expect a great deal of interest in the intellectual property of a company that had worked on only two games and actually released just one of them. Apparently that expectation...

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The Soapbox: Game companies exist to make money

I'm going to start this article off with a statement, and it's going to be divisive, but not for the reasons you might expect. A good chunk of you reading this are going to read the line, roll your eyes, and immediately think that I've just written the most obvious thing ever. Some of you might...

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Activision Blizzard files an emergency appeal for buyback rights

It seems that Activision Blizzard just can't wait to get free of Vivendi. Not that the company is eager, but it literally cannot wait. The publisher had planned to essentially buy itself from its parent company, but following objections raised by a stockholder, the deal was put on hold by court...

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Court puts a stop to Activision Blizzard independence

So here's a short story for the morning told over one act. First, Activision Blizzard announces that it is separating from its parent company Vivendi and going independent, which surprises many people. Then a shareholder sues the company to prevent this from happening, claiming that it's a huge...

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Owner of e-sports team charged with participation in massive hacking operation

What do League of Legends, Dota 2, and Counterstrike have in common? If you answered "all three games were played by eSports team Moscow 5," you are remarkably well-informed and also correct. And if you're that well-informed, you also probably know that the team owner, Dmitry Smilianets, was...

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