'Games industry business model does not work' - Ward

LucasArts president Jim Ward has slammed the games industry's traditional business model, arguing that publishers' overwhelming reliance on single retail products has stunted the growth of the sector during recent years.

Driv3r was "a half-baked product", says Atari exec

Atari's sales and marketing VP, Nique Fajors, has slammed the third instalment in the publisher's Driver series - just weeks after the franchise was sold off to Ubisoft.

Capcom profits increase despite Q1 sales dip

Capcom has announced its financial results for the first quarter ended June 30th, showing an overall decline in sales but a significant rise in profit bolstered by multiple handheld gaming titles.

SOE acquires online trading card game developer

Sony Online Entertainment has announced the formation of a new Denver studio, following the acquisition of "key assets" from online trading card game developer, Worlds Apart Productions.

New attendee section opens on Leipzig GCDC website

The organisers of the GC Developer Conference, set to take place in Leipzig later this month, have announced that visitors can now see who else is planning to attend by visiting the event website.

500,000 Europeans train their brains

Nintendo is celebrating the continued European success of its innovative DS title, Dr Kawashima's Brain Training: How Old Is Your Brain?, selling half a million units in just nine weeks.

Attendee registration opens for London Game Career Fair

Attendee registration has now opened for the London Game Career Fair, a two-day event that will run as part of this year's London Games Festival.

Ubisoft plans big showing at Leipzig Games Convention

French software publisher Ubisoft has confirmed its product line-up for the forthcoming Games Convention in Leipzig, promising a diverse range of current and next-generation software.

IP sales help Atari to reduce Q1 loss

Atari has revealed its first quarter financial results for fiscal 2007, showing significantly reduced losses as a result of the company's continued efforts to streamline its product portfolio.

SEC filing shows Activision paid $100m for RedOctane

Activision's latest filing with the Securities and Exchange Commission has revealed that the publisher paid US$99.9 million (77.7 million Euro) to acquire Guitar Hero developer RedOctane.

Livingstone applauds evolution of E3

Industry veteran Ian Livingstone has praised the ESA's decision to downsize E3 into a much smaller event, telling GamesIndustry.biz that in recent years the show had become "out of control and unsustainable."

BBFC defends decision to leave Dead Rising uncut

The British Board of Film Classification has told GamesIndustry.biz that it will stand by the decision to allow Capcom's Xbox 360 horror title Dead Rising to go on sale uncensored.

Team 17 boss predicts bright future for UK development industry

Team 17's studio director, Martyn Brown, has told GamesIndustry.biz that prospects are finally improving for British development studios after years of struggle.

Revolution MD calls for more creativity at industry events

Revolution Software MD Charles Cecil has told GamesIndustry.biz that there's a growing need for industry events which focus on creativity in development rather than the economics of selling games.

"No cuts" made to PAL version of ultraviolent Dead Rising - Capcom

Capcom has declared that Xbox 360 exclusive Dead Rising will arrive in Europe uncut, despite its recent rejection by Germany's videogames rating board.

Microsoft downplays Korean Xbox 360 piracy problem

Microsoft has downplayed the impact of increasing software piracy for its next-generation games console in Korea, confident that the DVD firmware hack will be countered by updates on Xbox Live.

LucasArts teams up with Day 1 Studios for next-gen console games

LucasArts has signed a new agreement with Day 1 Studios, the developer behind the MechAssault series, to produce a new intellectual property for release on next-gen consoles.

Microsoft demonstrates HD-DVD drive for Xbox 360

Microsoft has offered the first real demonstration of its external HD DVD drive for the Xbox 360 since its fleeting appearance at E3, but remains silent on pricing or a confirmed release date.

Tiga boss predicts shift towards regional industry events

Fred Hasson, the CEO of UK development trade body Tiga, has told GamesIndustry.biz that he believes the focus could shift towards regional industry events as E3 evolves into a much smaller show.

Sony unveils "mylo" personal communicator