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Epic's Mike Gamble blames studio closures on 'stupid acquisitions'
Epic Games' European head, Mike Gamble, says there's a simple reason we're seeing so many big game companies close triple-A studios lately: stupidity. "It's happened because of stupid acquisitions,"...
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THQ shuts down publishing in Italy and Spain [Update]
THQ has closed its offices in Italy and Spain and hired an outside distributor, Koch Media, to ship its games throughout those regions instead. The closures follow a "strategic review" of THQ's...
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HMV facing 66 store closures, 930 layoffs
HMV, a multimedia chain and one of the UK's top high street game retailers, is closing 66 of its 220 stores, with 930 employees losing their jobs as a result. Deloitte, the company's administrators,...
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HMV closing 37 more stores, 464 layoffs
The deluge of bad news isn't over for UK retailer HMV, with 37 more stores confirmed to be closing in addition to the 66 announced earlier this month. These further closures are resulting in 464 lost...
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Zynga layoffs impact OMGPOP, studio reportedly closed
Following Zynga's massive layoffs, it's emerged the company may have shuttered Draw Something studio OMGPOP. As SiliconBeat spotted, the studio noted via Twitter yesterday "was the last day at Zynga...
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Former OMGPOP employees speak out following closure
Immediately following its closure by Zynga, the scene in the OMGPOP office was not what you might expect. As anonymous ex-employees told Business Insider, the Draw Something studio was determined to...
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Blockbuster UK cuts 72 stores as search for buyer continues
Blockbuster UK faces 452 layoffs and 72 store closures, after company administrators announced "necessary" measures for the once-again bankrupt retail chain. Moorfield Corporate Recovery, the company...
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The end draws near for Blockbuster UK, 62 more stores closed
Blockbuster UK is likely to follow in the footsteps of the recently defunct US arm, after administrators announced 62 further store closures, with 427 employees laid off as a result. The DVD and game...
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Blockbuster UK closing remaining stores
The protracted demise of Blockbuster UK ends with all 91 remaining stores closing on December 16, and 808 employees losing their jobs as a result. Administrators at Moorfields Corporate Recovery were...
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Over 60 percent of Sony Stores to be closed
Sony announced a restructuring of its Sony Electronics division, resulting in the closure of 20 Sony Stores across the United States. The restructuring will affect approximately 1,000 employees...
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Soul Master closing down for redesign, scheduled to return in 2011
Soul Master, an action MMORTS from GamesCampus, has announced that it will be joining the ranks of shuttered MMOs on November 16th. In something of a departure from your typical MMO shutdown, the...
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Sony Mobile moving HQ to Tokyo, cutting 1,000 jobs in Sweden
Sony's slow and painful transformation continues with a restructuring of its newly-minted mobile division. In October, it's moving its headquarters from Lund, Sweden (presumably a holdover from its...
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Gpotato's Sevencore meets an early demise
Despite recently seeing the first of what players hoped would be a string of new content, gPotato's new title Sevencore announced today that it will be closing its doors. A forum post says that the...
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The Soapbox: Your MMO is going to die, and that's OK
There is no question about it: Bringing games online has fundamentally changed the way we play and interact with one another. Thanks to the web, we can share games with our friends from thousands of...
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Zynga to shutter New York and LA studios, cut 18% of workforce
Social game monolith Zynga plans to shutter its New York City, Dallas and Los Angeles game development studios. Sources at Zynga confirmed the closures to Engadget, and also confirmed reports of...
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Trion Worlds to close EU branch
Only a week after acknowledging the closure of its San Diego office, Trion Worlds has announced in a statement that it will be closing down another office. Trion Europe in Guildford, UK, will be...
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Sony to shutter two-thirds of its US stores
Sony Electronics is closing 20 of its 31 US-based store locations, the Japanese consumer electronics giant announced this afternoon. The news follows layoffs at Sony affecting approximately 5,000...
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Sony to close its Canadian stores
Sony will close all 14 of its Canadian retail locations, according to a press release issued on The Canadian Press. The company will shut down the stores "over the next six to eight weeks," resulting...
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Soul Master closing down for redesign, scheduled to return in 2011
Soul Master, an action MMORTS from GamesCampus, has announced that it will be joining the ranks of shuttered MMOs on November 16th. In something of a departure from your typical MMO shutdown, the...
View ArticleClik here to view.
Epic's Mike Gamble blames studio closures on 'stupid acquisitions'
Epic Games' European head, Mike Gamble, says there's a simple reason we're seeing so many big game companies close triple-A studios lately: stupidity. "It's happened because of stupid acquisitions,"...
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