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Sony financials: game profits down 86.4% in Q3

Thursday, 7 February 2013 08:52 GMT By Dave Cook

Sony’s Q3 financials are in and make for grim reading. The company’s game arm has seen a sharp decrease with a 15.1% drop in sales, accounting for an 86.4% income drop.

Sony Financials

Game department sales decreased year-on-year from ¥316.1 billion to ¥268.5 billion – a drop of 15.1%

The decrease equates to a year-on-year dip in profit from ¥33.8 billion to ¥4.6 billion – a drop of 86.4%

The game department saw a 29.2 billion yen year-on-year decrease in operating cost to ¥4.6 billion / $53 million.

Sony has cited its purchase of Gaikai as a driving factor in what it hopes will be solid financials going into the next fiscal year.

The company cut its game department’s year-end projects to an undisclosed figure, thanks to low sales of PS3 and PSP.

The company’s financial report is broken down into sections of the business, incorporating mobile, televisions and other products, but gaming is our focus here, and the results are’t good.

For the quarter ended December 31st, sales decreased year-on-year from ¥316.1 billion to ¥268.5 billion – a drop of 15.1%.

The decrease equates to a year-on-year dip in profit from ¥33.8 billion to ¥4.6 billion – a drop of 86.4%.

Sony’s report adds that the problem stems from “lower sales of hardware and software
of the PlayStation 3 and PSP”, but that the dip was, “partially offset by the sales of the
PlayStation Vita since it launched in Japan December 2011.”

However, Sony’s game department saw an operating cost decrease due to the, “decrease in sales of PS3 software and PSP hardware.” The department saw a 29.2 billion yen year-on-year decrease in operating cost to ¥4.6 billion / $53 million.

The game department’s sales forecast is low for end-of-year. The report continued, “Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales and operating income are expected to be lower than the November forecast. Sales and operating income are expected to decrease significantly year-on-year.”

However Sony’s consolidated sales forecast across the brand remains unchanged, “due to the favorable impact of depreciation of the yen as well as higher than expected financial services revenue in the third quarter compared to the November forecast.”

Part of this static forecast comes from Sony preparing to sell off some of its assets, the report confirms, “Although the severe operating environment is expected to continue in the fourth quarter, the operating income forecast for the fiscal year remains unchanged because operating income in the Financial Services segment in the third quarter was higher than expected and Sony has been planning to engage in activities such as asset sales.”

It is unclear what assets Sony will sell off, but we should expect to hear more come the company’s Q4 report.

Turnaround?

Sony is expected to announce PS4 on February 20th at its PlayStation Meeting event, in a big to reverse its fortunes as of late.

Many say new hardware is the shot in the arm Sony – and many companies in the console sector – sorely need to get back into the black.

Sony has painted a positive picture for the future of its game department at the end of the report, “In the game business, Sony is working to expand sales and operating income through the introduction of an attractive software lineup and through offering game software on mobile devices, including smartphones and tablets.”

The report also makes mention of Sony’s acquisition of cloud streaming service Gaikai, “In addition, Sony acquired U.S.-based Gaikai Inc. in August 2012, with the aim of strengthening the game business.” It is rumoured that PS4 will use the technology out of the box.

The financial report comes as Sony let go of PS All-Stars: Battle Royale developer SuperBot Entertainment, following poor sales of the fighter. It can be assumed that Sony spent big on the game and lost out.

What do you make of the above?

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42 Comments

  1. Dannybuoy

    I for one will be buying a PS4 at launch. My money is waiting.

    #1 2 years ago
  2. CyberMarco

    I’m no expert in economics but I always had a doubt about how things work around the industry.

    Let’s say SONY invests $1 million every year in the industry and to break even from it’s investments and cover it’s costs SONY should at least gain $1 million in revenue. Let’s suppose that in 2011 SONY made $5 million in profit, that’s 500%(?) of profit, things go well. In 2012 Sony invests $1 million again but this time SONY makes $3 million in profit.

    Does this count as a loss if compared with 2011′s earnings? I mean, in 2011 they got 5 times their investment, but in 2012 they got 3 times, still makes their business “healthy” and able to continue, or not?

    Sorry if I’m confusing some terms etc, not my cup of tea! :p

    #2 2 years ago
  3. Beta

    Buying a PS4 immediately. Primarily for the amazing Naughty Dog games I know will be released in the future :’)

    #3 2 years ago
  4. woe

    Sony sold a building recently so expect that to be included in the next quarter, but still overall things are not looking good.

    #4 2 years ago
  5. gomersoul

    these figures are not as bad as it looks. the title is misleading. bring on ps4.

    #5 2 years ago
  6. DrDamn

    @Dave
    “The company has seen a decrease of income across most of its departments”

    http://www.sony.net/SonyInfo/IR/financial/fr/12q3_sony.pdf

    Sales and operating revenue Q3 2011 ¥1,822.9
    Sales and operating revenue Q4 2012 ¥1,948.0

    The overall results in comparison to previous form are actually seen as pretty positive. Stock up. Losses down.

    Games division is making less yes, but overall picture is seen as quite good.

    #6 2 years ago
  7. CyberMarco

    ^ So in other words, Sony is making less compared to previous years, but still able to maintain a healthy business, right?

    Also what does “year-on-year” mean, is it a comparison of consecutive years in the business?

    #7 2 years ago
  8. viralshag

    @7, Exactly. Year on year is the comparison to the previous year.

    Just because a YoY isn’t positive, doesn’t mean that a company is doing “badly” as such, it just means they haven’t had a good year in comparison to last.

    Obviously, if it’s continual YoY decline you would take action to correct that.

    #8 2 years ago
  9. Beta

    So I’m completely useless with financials but even though it’s lower than previous years they still made a profit yes?

    #9 2 years ago
  10. Dave Cook

    @6 We’re a game site though so the overall picture isn’t the main focus, but I’ve softened that line. Thanks mate.

    #10 2 years ago
  11. Fin

    Yer this actually doesn’t look too bad – and the games department is making money, not losing it!

    #11 2 years ago
  12. Dave Cook

    @11 What? The game department’s profits are down 84%

    That’s not good. At all.

    #12 2 years ago
  13. DrDamn

    @10
    Oh that’s fine, Games focus is what you should have and that is down. Previous wording implied overall was down though. Thanks for updating.

    @CyberMarco
    Year on year is for comparison purposes. For example here we are talking about the third quarter of the financial year – i.e. Oct/Nov/Dec. Year on Year compares Q3 2012 to Q3 2011. So you are comparing like with like.

    #13 2 years ago
  14. Myth

    @7 yep, you could substitute “compared to last year” for year-on-year.

    This is bad for SONY, as the launch of a new console is hugely expensive and will result in reduced earnings for a while. I’d be curious to see a serious study of how much of a buffer they have for the launch, and on what timetable the expect the PS4-console to be profitable.

    They should be making tons on the PS3 at the end of its cycle…

    #14 2 years ago
  15. stevenhiggster

    @Dave profits are down, but its still a profit innit. Look on the brightside matey. Oh that’s right you’re a game journo, you’re not allowed to look on the brightside. :P

    #15 2 years ago
  16. Beta

    It’s not very good, but they still made money at least. And I’m not surprised it’s lower. PSA was a bit of flop and it was their only big exclusive in the Christmas period as far as I’m aware.

    #16 2 years ago
  17. Dave Cook

    @16 Agreed, but that’s a huge, worrying drop. They also said they will be selling off assets to make up for the loss. That is even worse.

    Am I the only one who is worried for them here? :P

    Because this really is worrying news. If PS4 is handled wrong it could put a bullet in Sony’s head.

    #17 2 years ago
  18. Myth

    @11 You’re taking it out of context. That the revenue from the games department is dropping at that point in the lifecycle of the PS3 is not a good sign at all.

    With any console launch you start out deeply in the red, and slowly work your way back to making money.

    #18 2 years ago
  19. Fin

    @12 @18

    I consider anything that isn’t a loss a success!

    #19 2 years ago
  20. Beta

    Well yeah it all hinges on how they handle the PS4. If it goes really well with a nice price point (not like the absurd PS3 launch price) and a good launch line up and some effective marketing we could have a success on our hands :P

    If it goes the way of the PS3 launch (poor marketing, far too expensive, difficult to develop for) then I think Sony may have thoughts about leaving the gaming business.

    Edit* And hopefully TLOU and GOW: Ascension do well and boost the profits a bit.

    #20 2 years ago
  21. DrDamn

    @17
    “If PS4 is handled wrong it could put a bullet in Sony’s head.”

    Yep I agree with this. I think it should have tempered how they approach the coming generation though. The big loss on hardware isn’t a sustainable model in their current situation and MS and Sony are being more conservative and clever in their designs this time around. They will both be aiming to head into profits from the new hardware sooner than last time.

    #21 2 years ago
  22. Dave Cook

    @19 I’m optimistic most of the time like you, I think it’s a good quality, but with this I can’t help but be worried. Imagine a console industry without Sony. It almost sounds alien to say, but it could happen.

    It’s troubling.

    #22 2 years ago
  23. DeyDoDoughDontDeyDough

    I’ll be buying a PS4. Any self-respecting gamer should. And a NexBox. And a Wii U. So there.

    #23 2 years ago
  24. PC_PlayBoy

    Sony suck!

    #24 2 years ago
  25. G1GAHURTZ

    Don’t buy a PS4!! They’re so rubbish.

    Get a 720 instead!! They’re much better.

    (Just warming up for how the next 5-8 years may well turn out…)

    #25 2 years ago
  26. Mike W

    I’m so confuse, the news say Sony as a whole posted a profit and there’s also an article Reuters saying the company is back in the black….

    Am I missing something here?

    #26 2 years ago
  27. Dave Cook

    @26 Black means in profit.

    #27 2 years ago
  28. woe

    Sony cuts Vita sales target again due to ‘slow market penetration’

    http://www.computerandvideogames.com/389717/sony-cuts-vita-sales-target-again-due-to-slow-market-penetration/

    #28 2 years ago
  29. Mike W

    @27

    Meaning that’s good right?

    Excuse my ignorance.

    #29 2 years ago
  30. DrDamn

    @26
    It was a bit confusing. I think they made a profit but for some reason were paying higher tax rates this period. Something like that.

    #30 2 years ago
  31. manamana

    I don’t want Sony leaving the ballroom – PS4, Vita and more Software is on my checklist for this year.

    #31 2 years ago
  32. Psychotext

    Numbers without the headline spin for the Game division…

    Income (Sales)
    Q3 2011: 316.1 billion yen
    Q3 2012: 268.5 billion yen (-15%)

    Net Income (Profit essentially)
    Q3 2011: 33.8 billion yen
    Q3 2012: 4.6 billion yen (-86%)

    Hardware Sales (Units)
    Q3 2011: 9.8m
    Q3 2012: 9.5m (-3%)

    Handheld Sales (Units)
    Q3 2011: 2.4m
    Q3 2012: 2.7m (+13%)

    Home Console Sales (Units)
    Q3 2011: 7.4m
    Q3 2012: 6.8m (-8%)

    Obviously all of the Q3 2012 numbers include Vita sales, which weren’t present in the Q3 2011 numbers.

    #32 2 years ago
  33. Dave Cook

    @30 I think it has something to do with the Yen conversion rate at present.

    #33 2 years ago
  34. manamana

    Wait, what’s that?! “… offering game software on mobile devices, including smartphones and tablets” Sony pushing their IPs to iOS or what?

    #34 2 years ago
  35. Mike W

    So the company post a profit and show signs of recovery, but they’re still doomed?

    The game media is really a fucking joke when it comes to talking about these companie’s finances.

    #35 2 years ago
  36. OlderGamer

    “This is bad for SONY, as the launch of a new console is hugely expensive and will result in reduced earnings for a while. I’d be curious to see a serious study of how much of a buffer they have for the launch, and on what timetable the expect the PS4-console to be profitable.

    They should be making tons on the PS3 at the end of its cycle…”

    —Myth

    There is alot of truth in that. This generational console cycle as a whole has not been kind to a lot of companies the last few years. So that prolly dampens what should be Golden Years for a lot of brands. In a day and age where Apple and other companies put out new Tablets yearly, such a long and extended console life cycles was just a bad idea.

    #36 2 years ago
  37. DrDamn

    @OG
    That last point about long cycles is an interesting one. Wasn’t there something about modular design for the NextBox a couple of years ago?

    #37 2 years ago
  38. Clupula

    Well, if you don’t release anything people want to play, you’re not going to sell as much. Have Sony had a single Triple A title this whole year? It’s been mostly collections and the disaster that was Playstation All Stars, to my knowledge. Now, if the same can be said next year, when they release Last of Us, GOW: Ascension, and Beyond: Two Souls, all of which are getting heavy levels of hype (I’m actually surprised to see how many 360 owners I know want to buy a PS3 for Last of Us), then we can safely say they are in trouble.

    But we all know the Vita is on life support until they lower the price and they haven’t released anything big for PS3 all 2012.

    #38 2 years ago
  39. OlderGamer

    Hard to say Doc, but I think I recall reading something like that. But with all of the information and noninformation floating around it is tuff to get a firm grasp on anything. Everytime we turn around someone, somewhere claims they have the real this or that pined down.

    Thats why I say best to wait and see what the companies themself say. And that I am losing interest in the hype/build up to launch. There is nothing to go on except thin air.

    #39 2 years ago
  40. Mike W

    @38

    Very true, but the company still as a whole made a profit. Last year for for Sony sucked ass, there were no game big hitters at all. It was the lackluster PS:AB and that stupid ass Wonderbook crap.

    This year is a different story, but we will have to wait and see. Staying on topic, the company is showing good signs of recovery.

    #40 2 years ago
  41. theevilaires

    Numbers mean shit at this point. Just release the PS4 with better social gaming at an affordable price, get PS3 to its 10 year life cycle and cut it off production, and keep making killer games. Thats all that matters and PlayStation will continue to live.

    Oh and make the Vita slimmer and improve the OS, put at least 8mp camera in the back too.

    #41 2 years ago
  42. daytripper

    if they have a good show on 20th it could be the start of better things to come, bring it on

    http://i.imgur.com/DIsn8dC.png (credit neogaf)

    #42 2 years ago

Comments are now closed on this article.

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    Square Enix offering another mystery bundle to customers in the UK, which comes with five mystery PC games for £3.99. As before, customers will be unaware of the games they are purchasing in the mystery bundle, but the bundle contains triple-A titles worth £40 combined. One of Square’s previous mystery bundles contained Tomb Raider, Just […]

  • From Software’s PSone game Shadow Tower coming to PSN

    Shadow Tower, the first-person action-RPG developed for the original PlayStation by From Software, will be released on PlayStation Network. In the 1998 title, players took on the role of a mercenary who has returned home to the Holy Land of Zeptar to find the place has been sucked into the Underworld. He must use the […]

  • PlayStation TV gets price cut in the UK, now £44.99

    PlayStation TV has received a price cut in the UK. After several retailers started offering the console for less than the RRP of £84.99, users on DealSpwn began to wonder whether this is an official price cut, and not just regular deals or stock clearance. Sony later confirmed the new price of £44.99. “Starting from […]

  • Fast & Furious expansion for Forza Horizon 2 is now available, for free

    You can download Forza Horizon 2 expansion Fast & Furious starting right now. Forza Horizon 2 Presents Fast & Furious is available to download now through Xbox Live for Xbox One and Xbox 360. The expansion is standalone, so you don’t need to own Forza Horizon 2 to play it. It’s also free from now […]

  • Fire-based weapons come to PayDay 2 with the Butcher’s BBQ Pack

    The 20th DLC for PayDay 2, the Butcher’s BBQ Pack, is now available on Steam. The DLC will run you $4.99/€4.99 and features: Piglet Grenade Launcher, 12G Steakout Shotgun and Mk1 Flamethrower Molotov cocktails and incendiary ammo Four new masks, patterns, materials and achievements The Butcher’s BBQ Pack is another co-development between Overkill and Croatian […]

  • Lords of the Fallen developer offers Hideo Kojima a job

    Amid the current turmoil between Hideo Kojima and publisher Konami, one studio has offered the legendary designer a position. Lords of the Fallen developer Deck 13 took to Twitter to extend a job offer to Hideo Kojima. Dear Mr. @HIDEO_KOJIMA_EN In case you are currently searching, we have an open position as Head of Game […]

  • Destiny Xur update: should you buy MIDA Multi Tool?

    The question on every Destiny player’s lips today. And the answer, supplied by resident Destiny expert Paul Davies, is… Yes! We asked Paul whether or not he thought Xur’s Exotic weapon this week was worth the 23 Strange Coins. Here’s what he said: “It was already a great gun to own for PVP owing to […]

  • Final Fantasy 15 has an all-male cast to make it “more approachable”

    According to Final Fantasy 15 director Hajime Tabata, the main cast of the game is all-male because it makes the game “more approachable.” Final Fantasy 15 director Hajime Tabata spoke to Gamespot about the reason for his choice of making the core cast an all-male affair. “Speaking honestly, an all-male party feels almost more approachable […]

  • Hearthstone Blackrock Mountain is coming April 2

    Blizzard has given Hearthstone expansion Blackrock Mountain a solid release date. Hearthstone’s Blackrock Mountain adventure pack will be released April 2 in the Americas region, and April 3 in Europe, Korea, Taiwan, and China. Blackrock Depths is the first wing to be released, others will follow one week apart. Other than the 31 new cards, […]

  • Bloodborne: if you can’t load your save after installing firmware 2.50, this will help

    If you’re having issues loading your Bloodborne save after applying firmware update 2.50 to your PS4, this should help you out. Reddit user KBALLZZ encountered an issue after installing update 2.50 on his PlayStation 4. Bloodborne started reinstalling the day one patch again and when it was done he couldn’t continue his game or load […]

  • Use this code to get 10% off on PSN purchases

    Sony is offering a 10% discount coupon to anyone looking to buy games on PlayStation Store this weekend. Sony’s latest discount coupon code is here. You’ll receive 10% off your cart total when buying from the PSN Store. The offer is not valid on purchases made on PS Vita, PlayStation TV, PSP, or in-game stores. […]

  • Dark Souls 2: Scholar of the First Sin upgrade path announced, system specs revealed

    Dark Souls 2: Scholar of the First Sin will offer returning customers a chance to upgrade at a discounted price. Those who already own Dark Souls 2 on Steam and are interested in picking up the Scholar of the First Sin edition will be happy to know that publisher Bandai Namco is offering them an […]

  • Bloodborne: this is what happens when you have 40 Insight

    Insight is one of the currencies in Bloodborne, but it’s also a mechanic that affects the gameplay. There are MASSIVE SPOILERS below, so turn back now or one of Bloodborne’s gameplay mechanics will be SPOILED for you. Just like Blood Echoes in Bloodborne, Insight is used to purchase certain items from vendors in the game. […]

  • Phase two of Xbox One April update brings voice messages, dedicated servers for party chat, more

    The second phase of the April update for Xbox One is now open to members of the Preview programme and and it looks like there are even more features in store. Phase one of Xbox One’s April firmware update started a few days ago with improvements to party chat and achievements notifications. Today, phase two […]

  • GTA 5′s graphical “downgrade” is a bug, will be fixed in upcoming patch

    As of patch 1.8 for GTA 5 on PlayStation 4 and Xbox One, a few graphical issues have cropped up leading some to believe there has been a stealth downgrade to the game’s overall graphics. Over the past couple of days, Reddit went nuts over a video showing what appears to be a downgrade to […]

  • Destiny: Xur location and inventory for March 27, 28 – MIDA Multi-Tool edition

    Xur: Agent of the Nine has arrived at The Tower in Destiny to rid you of your Strange Coins. Xur: Agent of the Nine has once again made it to Destiny’s Tower to sell you Exotic weapons and gear in exchange for Strange Coins and Motes of Light. For this weekend, Xur can be found […]

  • Destiny vault space upgrade will have enough room for every Exotic

    Destiny is finally getting the vault space upgrade players have been begging for almost since launch week. Destiny players can currently use vault space to store 20 pieces of amour, 20 weapons and 20 general item stacks. In the latest Bungle Weekly Update, the developer revealed that as of patch 1.1.2, due before House of […]

  • Half-Life 2: Update mod applies some sparkle to the original title

    Half-Life 2: Update will be available tomorrow, and thanks to the modding community, those who own the vanilla version of the game can apply a visual update to the 2004 title. The comparison video shows you the differences between the original version, and the version with Half-Life 2: Update applied. Here’s what the mod includes: […]

  • Neverwinter MMO can now be pre-downloaded on Xbox One

    You can now pre-download the free-to-play Neverwinter MMO on Xbox One. The game launches on March 31, but you will still need an Xbox Live Gold account to play it. Based on the Dungeons & Dragons franchise, the game can be downloaded from the Xbox Store.

  • Destiny of Spirits will go offline starting next month

    Sony will be ending service for Destiny of Spirits starting next month, Sony has announced. The free-to-play Destiny of Spirits was released in late March 2014 on Vita, and tasked players with collecting supernatural forces appropriate to their geographical location, and then trading them with others online. Gravity Rush spirits were added to the game […]

  • MotoGP 15 is out this spring on PC, last and current-gen consoles

    MotoGP 15 will be released in June on PC, PlayStation 3, PS4, Xbox 360 and Xbox One, Milestone has announced. Bike, rider and team customization are part of the latest release in the franchise, along with time-trials and enhanced career options. The game features over 20 bike models divided into three classes: MotoGP, Moto 2 […]

  • Cities: Skylines players should check out Nakatomi Plaza and Wayne Enterprises

    Nakatomi Plaza and Wayne Enterprises can now be yours in Cities: Skylines. Die Hard fans will be familiar with Nakatomi Plaza. Those who have never watched the first film and live in Los Angeles know it by its real-life name, FOX Plaza. It was created by Enos Shenk and is available through Steamworks. Those who […]

  • Call of Duty franchise has sold 175M copies, players have thrown 300B grenades

    With the Call of Duty Championship kicking off tomorrow, Activision has sent over a series infographic full of interesting figures such as the number of copies sold over 10 years and how many grenades players have tossed. According to the stats below, the Call of Duty franchise has sold 175 million copies across all platforms […]

  • Save up to 75% on select SEGA games on Steam this weekend

    SEGA has put many of its games on sale through Steam this weekend and the firm has also announced Eastside Hockey Manager is now available through Early Access. The sale runs through March 30. The entire Total War, Company of Heroes and Dawn of War back catalogs are discounted 75% and all associated DLC is […]

  • Batman: Arkham Knight PC confirmed as digital download-only in UK

    Batman: Arkham Knight will indeed be a download-only title on PC in the UK, Warner Bros. has confirmed to VG247. Batman: Arkham Knight will be available as both a physical and digital release for PS4, Xbox One and PC in North America and Europe. Again, in the UK, the PC version will be “available as […]

  • Rainbow Six Siege release date set for October per GameStop Italy – report

    GameStop Italy may have let the release date for Rainbow Six Siege slip if a recent listing is accurate. According to the listing, the game will release on October 16. While this could be a placeholder date, October 16 is a Friday in the UK, the usual day new releases land at retail. The release […]

  • Watch the $1 million Call of Duty Championship right here

    The The Call of Duty Championship takes place this weekend, and you can watch all the action as it unfolds right here. The event takes place in Los Angeles tomorrow March 27 and runs through March 29, and the livestreams are below. 32 teams from five continents and 11 countries will be competing in Call […]

  • Battlefield Hardline: Battlefest kicks off this weekend with Double XP

    A new season of Battlefest kicks off this weekend, and starting today, you will earn Double XP in Battlefield Hardline. Battlefest for Hardline is similar to the event held for Battlefield 4 last year. For the entire month of April and into May, in-game events and competitions will be held by the developers and player […]

  • Don’t forget: the GTA 5 PC pre-order bonus cutoff is March 31

    Just a friendly reminder to those planning on purchasing GTA 5 for PC: you have until March 31 to pre-order if you want all the bonuses on offer. Those who pre-order will be handed $1 million in-game cash plus a bonus $300,000. It is split between GTA 5 and GTA Online: $500,000 for Grand Theft […]

  • Games with Gold offers doubled for April – six games instead of three

    Microsoft’s April Games with Gold collection is being doubled. For the month Xbox Live Gold members will receive six instead of three games free. Here’s what’s on offer: Pool Nation FX: Available all month on Xbox One Child of Light: Available all month on Xbox One Gears of War: Judgment: Available from April 1-15 on […]

  • Pokemon players can grab a code for Shiny Charizard at GAME in April

    Pokemon Omega Ruby and Alpha Sapphire players along with Pokemon X and Y owners can grab a free, rare Shiny Charizard from April 3 at one of GAME’s 320 stores in the UK. The redeemable codes for the character will be made available upon request and no purchase is necessary. Those who pop into one […]

  • F1 2015 will arrive on PC, PS4 and Xbox One in June, includes Mexico circuit

    Codemasters has announced its F1 franchise will make its series debut on PlayStation 4 and Xbox One this June with the release of F1 2015. The game was developed using a new engine and contains improved handling and physics for all vehicles and parts attached. This includes: engine, transmission, aerodynamics, fuel tank, force feedback, suspension […]

  • Mortal Kombat X video confirms Liu Kang as playable character

    Liu Kang has been confirmed as a playable character in Mortal Kombat X in the latest video. You’ll also notice Bo’ Rai Cho in there as well. In the Shaolin trailer above you also get a look at Kung Lao and Kung Jin who is new to the series. Apparently, Raiden’s past champions of the […]

  • Short teaser for Star Wars: Battlefront shows the Battle of Hoth

    A short teaser for Star Wars: Battlefront has been posted by EA on Twitter. Well, that speeder isn't going anywhere. Can someone give us a lift to @SW_Celebration http://t.co/srEVrAA0zl #SWCA https://t.co/4W4LG8myke — EAStarWars (@EAStarWars) March 25, 2015 The teaser shows vehicles which we could be using in the game, but it mainly shows the snowy landscape […]

  • Pillars of Eternity releases today – get all the review scores here

    Pillars of Eternity, which still stands as the second most-funded video game on Kickstarter, finally releases today. It’s also getting some rather positive reviews scores, which we’ve rounded up for you. The isometric, party-based RPG from Obsidian Entertainment was one of the first video game projects to take to Kickstarter, and hit its $1.1 million […]

  • Take an in-depth look at Evolve’s Behemoth monster and four new hunters

    Evolve’s fourth monster, the Behemoth, as well as the four new hunters are shown off in new gameplay video. Evolve’s latest gameplay trailer gives everyone a good look at each of the four new hunters and the massive Behemoth monster. The hunters can be bought either separately or though the hunting pass, while the monster […]

  • PS4 firmware update 2.50 causing issues with Killzone: Shadow Fall

    The suspend/resume feature in PlayStation 4′s 2.50 firmware update is causing some issues with Killzone: Shadow Fall. Killzone: Shadow Fall developer Guerrilla has said that the game is experiencing some issues in some instance where the suspend/resume feature is used. The timing of when players put the game in suspend mode does have an effect, […]

  • Bungie on Destiny matchmaking: “We believe there’s no substitute for a pre-made team”

    Crazy though this may seem, it’s possible that Destiny shipped according to plan. History points to community as a crucial component, far from the contingency that many now suspect. Paul Davies spoke to Bungie for clarity. “The community always engineers the best solutions for bringing players together. While Matchmaking is a great resource for introducing […]

  • Bloodborne works with suspend/resume, but only offline

    PlayStation 4′s newly-added suspend/resume feature works with Bloodborne as you’d expect, but only while offline. PlayStation 4 received the long-awaited suspend/resume feature today as part of firmware 2.50, and people are starting to test it out with various games. Bloodborne does work with the feature, but only if you play offline. Playing online is arguably […]

  • This is what Crossy Road looks like in first-person

    Crossy Road is fun and addictive. But in first-person, it’s mostly frightening. YouTube user Andy Front Films likes Crossy Road so much he decided to show off what it would look like in first-person. If crossing roads quickly and watching around for cars and trains, all of this as the camera chases you felt intense […]

  • Take a small behind-the-scenes peek at Mass Effect 4

    BioWare cinematic director Ken Thain has given us a very slim look behind the scenes at some motion capture work from the upcoming Mass Effect game. The upcoming Mass Effect game, whether it ends up being called Mass Effect 4 or not, will most definitely incorporate some form of motion capture work. How do we […]

  • Borderlands: The Handsome Collection – 8GB day one patch on PS4, 16GB on Xbox One

    Day one patches for Borderlands: The Handsome Collection are pretty hefty. Both the PlayStation 4 and Xbox One versions of Borderlands: The Handsome Collection require players to download lots of gigabytes to make the experience as smooth as possible. The PlayStation 4 version has an 8.31GB day one patch. The Xbox One version however has […]

  • Get a PlayStation 4 with Bloodborne and The Last of Us for $435

    If you’ve been waiting for the perfect game to get to buy a PlayStation 4, there’s no better time than the present. Amazon is offering a good PlayStation 4 bundle at the moment. For $434.99, you get a PlayStation 4 console, The Last of Us, and Bloodborne. The Last of Us is of course the […]

  • Upcoming Battlefield Hardline patch to nerf the K10, buff battle rifles

    Battlefield Hardline’s first patch will focus on weapon balance and a few changes have been proposed. Battlefield Hardline lead multiplayer designer Thaddeus Sasser posted a few of the balance changes that the team is considering for the next patch. K10: reduce bullet damage to 33 Saiga and PTR: reduce recoil to bring more in line […]

  • Call of Duty: Black Ops 3 and a new Resident Evil game coming this year, according to research firm

    According to digital games analyst SuperData, a new Resident Evil game is due this fall and that this year’s Call of Duty is Black Ops 3. In its latest report on digital console games, research and analytics firm SuperData revealed that a new Resident Evil is coming this fall. “We anticipate this month’s downturn to […]

  • Bloodborne: you can add gestures to your messages

    As players get deeper into Bloodborne, they keep uncovering so many of its little new additions, including this one. Bloodborne, like all of the Souls games before it, allows players to leave messages for other players. These messages could be used to point players towards impending doom, treasure, or just be sarcastic and witty. What […]

  • PlayStation 4 firmware update 2.50 is now live

    PlayStation 4 firmware update version 2.50 has started rolling out. Reports are coming in saying that Yukimura, PlayStation 4′s firmware 2.50 has been made available to download. The update is clocking in at just 245mb, so get downloading. 2.50 brings with it many new additions, including the suspend/resume feature, backup and restore, accessibility options and […]

  • Harley Quinn DLC for Batman: Arkham Knight is a prequel

    Batman: Arkham Knight’s Harley Quinn pre-order DLC is set before the events of the main game, according to Amazon’s description. Today we learned a few details about the pre-order DLC for Batman: Arkham Knight, namely the Harley Quinn one. According to the description on Amazon, the DLC takes place in the lead-up to the events […]

  • Bloodborne Vicar Amelia summon mystery solved

    Bloodborne players unable to summon near Vicar Amelia: here’s your solution. Bloodborne’s secrets are unfolding by the hour as clever players piece together From Software’s cunning design. Yesterday we reported problems summoning in the Cathedral Ward, before the Vicar Amelia boss fight. It turns out this isn’t a bug – or if it is, it’s […]

  • Steven Spielberg will direct film adaption of Ready Player One

    Steven Spielberg will direct the film adaption of the sci-fi, virtual world, video game themed novel Ready Player One by Ernest Cline. Warner Bros. bought the rights to the film in June 2010 and hired screenwriter Zak Penn to rewrite the previous draft written by Eric Eason, according to Deadline. The book takes place in […]

  • Bloodborne players with PS4 headsets shouldn’t forget about the custom audio

    Here’s a friendly reminder for Bloodborne players with PS4 headsets: be sure to download the Headset Companion App from the PlayStation store if you haven’t already. As previously reported, the game supports a custom Bloodborne audio mode which can be uploaded. It contains custom audio created by developers specifically tuned to enhance the audio. This […]