Tag Archives: financial times
Mon, Nov 26, 2012 | 02:29 GMT
Sony’s recent financials highlighted the poor performance of PS Vita and overall losses of 15.5 billion yen/$198 million. Today credit firm Fitch has cut the Japanese company’s credit rating due to its “loss of technology leadership in key products and the strong yen”, and issued a warning that aggressive restructuring would be needed to reverse its fortune. Get the report below.
Mon, May 09, 2011 | 17:30 BST
Two weeks later, and Anonymous is still being blamed for the unauthorised access which lead Sony to take down the PlayStation Network and Qriocity servers, despite repeatedly pleading innocence. Now, the “hacktivist” group is getting annoyed, and, according to a new press release, disappoint.
Mon, Apr 14, 2008 | 19:39 BST
Speaking at EA’s Redwood Shores HQ, company CEO John Riccitiello has said that GTA will be the most successful game of this year and possibly the current generation of consoles.
The EA boss gave the prediction after claiming the title will prove his assertion that the best and brightest games will soon be seen on a level with the biggest movies in terms of the entertainment business.
“Our industry is passing through a phase where I believe the greatest games will be viewed by almost everybody as being as important as Best Picture at the Academy Awards,” he said.
Riccitiello went on in a Financial Times interview, speaking of how he plans to bring Rockstar within the EA “city-state” studio structure and how his epic plan to change the way EA works from the ground up was borne from managing indie developers.
“I spent three years outside EA managing independent developers, while EA ran a global monolithic studio organisation,” he said. “I thought central command and control homogenisation had run its course.”
Riccitiello’s plan for EA isn’t just about studio structure, though. Other ways of making money are getting a look in too.
“Above all, I’m trying to bring great quality and innovation back . . . I’m also trying to drive us towards a variety of new business models, whether it be subscription or micro-transactions, or advertising-based.”