For anyone who thinks that social games are not real business, last week proved them so wrong. Between 10th and 17th November nearly every major social games company raised money or was bought, and one or two...

UPDATE Michael let me know that Moshi Monsters reached breakeven in May 2009, five months after launching their subscription service in January 2009. The company has been increasingly profitable in every month since. He also added that...

Modern Warfare 2 has not only shattered all records for day one sales for a video game, it did it despite the furore over Activision’s price. Which turns out to be much cheaper than Grand Theft Auto...

If you wanted money to invest in games, I think you could do a lot worse than placing your bets where David Gardner places his. The former head of EA Europe and current CEO of Atari seems...

ELSPA has just announced that Modern Warfare has broken every sales record in the book. In just one day, the game sold an estimated 1.23 million copies and generated £47.7 million of revenue at retail. The previous...

Electronic Arts’ Q2 announcement yesterday was pretty electrifying: 1,500 jobs lost to save $100 million a year, while also spending $275 million in cash (and up to $400 million in total) to acquire Playfish. Some critics have...

Electronic Arts have announced a further 1,500 job cuts. In the Q2 earnings announcement, EA said: Cost Reduction Plan EA has announced a plan to narrow its product portfolio to provide greater focus on titles with higher...