Sony considering proposal to sell entertainment division

Sony considering proposal to sell entertainment division

Posted By: Michael Lacerna In: Console News, Gaming News, Playstation 3, Playstation 4 On: 23 May

Some big changes might be in store for Sony, as the company is considering selling and spinning the company’s entertainment division off into its own company, completely separate from Sony’s electronics and hardware divisions .

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Sony posts first net profit in five years

Posted By: Michael Lacerna In: Console News, Gaming News, Playstation 3 On: 09 May

Today Sony announced that they generated approximately ¥43 billion in profits (about $458 million at current exchange rates) during the 2012 fiscal year. This marks the first year in half-a-decade that Sony hasn’t reported an overall loss. The company is hopeful that this trend will only continue with the impending launch of the PS4.

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Deals Roundup: Your Weekly Dose of Gaming Discounts/Downloads

Posted By: Vincent Parisi In: Gaming News, Nintendo DS/3DS, Playstation 3, PSP / Vita, Wii U, Xbox 360 On: 07 May

May is in full swing, and rather than shower you with rain, your favorite gaming consoles are looking to sprinkle you with savings. There’s a lot to get through today, considering Sony has reverted to their old announcement method of hitting you with the entire months’ worth of PS+ announcements all within the first couple [...]

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Sony executives give up bonuses in wake of slumping electronics sales

Posted By: Michael Lacerna In: Console News, Gaming News, Playstation 3, Tech On: 02 May

Sony has been doing a good job of getting themselves back on the right track following years of losses, especially since their new CEO, Kaz Hirai, took over last year. But it seems the company is still struggling within some of their divisions, as it was announced today that Sony’s executives will give up their [...]

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Deals Roundup: Your Weekly Dose of PSN and Xbox Live Discounts

Posted By: Vincent Parisi In: Gaming News On: 23 Apr

We’re headed into the final week of April, and with it the last great deals and sales for the month. Both Xbox Live and PSN have some great goodies for your perusal this week, but that’s not all. Today happens to be a special Gold Box deal day on Amazon, so all throughout the day [...]

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Nintendo to post $220 million loss, CEO may resign if sales don’t improve by next year

Posted By: Michael Lacerna In: Console News, Wii U On: 22 Apr

The Japanese media is reporting that Nintendo will officially post a 20 billion yen loss (about 220 million US dollars at current exchange rates,) tomorrow. Nintendo CEO Satoru Iwata says he is committed to making sure the company is profitable again by next year, and he implied that he would resign from his position if [...]

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March NPD: BioShock Infinite soars as overall industry sales nosedive

Posted By: Michael Lacerna In: Console News, Gaming News, Handheld, Nintendo DS/3DS, PC, Playstation 3, Wii U, Xbox 360 On: 18 Apr

The NPD Group has released their monthly sales listings for March, and despite strong performances from big triple-A titles like BioShock Infinite and Tomb Raider, overall industry revenue has continued to decline as the current generation of consoles winds down.

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Capcom blames Resident Evil and DmC for financial shortfall, may cancel upcoming games

Posted By: Michael Lacerna In: Console News, Gaming News, PC, Playstation 3, Wii U, Xbox 360 On:

Capcom has been one of the few Japanese publishers to stay profitable throughout most of this generation, but the Osaka based company announced today that they will fail to meet their sales goals for the 2012 fiscal year.

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Atlus parent corporation Index Holdings posts loss for fiscal year

Posted By: Michael Lacerna In: Console News, Gaming News, Handheld, Nintendo DS/3DS, Playstation 3, Xbox 360 On: 16 Apr

Giant media conglomerate Index Holdings announced that they have posted a $27 million dollar loss for the 2012 fiscal year. Index Holdings is the owner of a number of smaller Japanese companies, including Atlus, the creators of the Shin Megami Tensei series and Etrian Odyssey.

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Deals Roundup: Your Weekly Dose of PSN and Xbox Live Discounts

Posted By: Vincent Parisi In: Gaming News On: 09 Apr

Can you believe it’s almost mid-April already? Where does the time go? Anyhow, both Xbox Live and the PlayStation Network have some pretty great deals lined up this week so get ready for some serious savings. Both providers are focusing heavily on arcade/downloadable titles so if you’re in the mood to pick up some quality, [...]

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Deals Roundup: Your Weekly Dose of PSN and Xbox Live Discounts

Posted By: Vincent Parisi In: Gaming News On: 02 Apr

This week brings us into the month of April, and aside from all the tomfoolery yesterday, today begins a fresh slate of deals and discounts for Xbox Live and PSN members. Make sure your PlayStation and Microsoft accounts are full, because there’s some great stuff happening this time around. I’d say that’s enough of an [...]

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Xbox Live One-Day Only Sale Offers Major Savings

Posted By: Vincent Parisi In: Gaming News On: 01 Apr

For those of you who took advantage of the Xbox Live Spring Sale, which ends tonight so there’s still some time to save on great stuff, you’ll be happy to know that April Fool’s Day has more than just its fair share of lame jokes and heartbreaking lies; it’s also a day for some crazy [...]

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