After failing to make a scheduled 1.1 million dollar payment to the Economic Development Corp. on May 1st, 38 Studios may be in some deep trouble. Curt Schilling, the former Red Sox pitcher who founded the company in 2006 as Green Monster Games, had an emergency meeting with Rhode Island state officials to...

When the European branch of GAME was going through difficulties earlier this year, many fans were disappointed by the fact that the store wasn’t able to carry any of the hot games that they had pre-ordered. Now, it looks like it’s Australia’s turn, as the Australian branch of GAME entered...

When most companies have a disagreement with another company, you can bet that the legal system will be involved. That’s what happened when Blizzard Entertainment decided to file an injunction with the US trademark office to block Valve from using the term DOTA. However, what ended up happening is a...

Three weeks ago, it was reported that EA was going to lay off a significant percentage of their employees. EA denied the rumors, saying that “EA is growing and looking to hire hundreds of people”. Well, this might not come as a shock to you, but turns out EA was lying. EA will be “restructuring” the...

If you were one of the people who were looking forward to EA being bought out by another company, I’m afraid I have some sad news. Nexon, a Tokyo-based company that helped pioneer the free-to-play computer game movement, is not in talks with EA to buy them out. Instead, it turns out the talk are a bit...

THQ has announced that they won’t be manning a booth this year at E3. This is slightly disappointing, considering how any big gaming company wants to make a memorable splash at E3, but when you consider THQ’s dire financial straits, it’s no surprise that they are seeking a more limited role this year....

After hitting an all-time low of $0.45 on April 17th, THQ’s stock prices closed at $0.67. While that is still below the threshold needed to keep the beleaguered publisher from being delisted, it’s certainly showing an upward trend for a company that desperately needs it. To totally avoid delisting, THQ...

Mike Hayes, CEO of Sega Europe and Sega America, will be stepping down from his role sometime this summer. He will be taking on different roles throughout the industry, and will remain with Sega in “advisory roles” if needed. There is no word yet from Sega about how they will fill the CEO role at this...