I tried finagling Sony into a Game of Thrones reference, but all I came up with was "Angry investors are coming." Lame.
Sony shares plummet 6.1 percent, a 31-year low for the electronics giant. "Sony is facing a lot of difficulties, and its new president has not been able to produce a clear plan as to how he will turn around the company," analyst Yuuki Sakurai of Fukoku Capital Management told the BBC. "Even the little information investors have heard hasn't impressed them." Newly minted Sony President Kaz Hirai outlined a business plan last month focusing on gaming capital, but that didn't stop the company posting a record loss of ¥457 billion ($6 billion) last week for the fiscal year ending in March. And no, "Godzilla" wasn't uttered once during the investor's conference call.
Capcom expects Resident Evil 6 shambling into 7 million homes. The latest entry in the long-standing survival horror series releases on October 2 for the PC, PlayStation 3, and Xbox 360. Its competition? The Super Nintendo version of Street Fighter II, which sold 6.3 million units back in the hazy days of 1992.
Test Drive Unlimited developer Eden Games closes its doors. Owner Atari labeled the studio as "discontinued operations" but thankfully stopped short of laying off employees villain-style by chucking them into a volcano. Of course, this occurred after Eden's members went on strike protesting Atari's "mismanagement" and apparent money-mongering practices.
Got any hot news tips? Send 'em over to firstname.lastname@example.org.
GamesBeat 2014 — VentureBeat’s sixth annual event on disruption in the video game market — is coming up on Sept 15-16 in San Francisco. Purchase one of the first 50 tickets and save $400!