After a record 59 months of decline the UK industry has finally posted an increase in retail sales again.

If you’re one of the many who get a kick from monthly hardware and software figures, I’m afraid you’ll not be getting your NPD kicks for a while. The chart-tracking company has delayed the most recent results for a period of “up to three weeks”. Last Updated: June 3, 2010

Last year saw the gaming industry hit hard by the *ack* global economic downturn, with many people losing their jobs and numerous studios closing their doors, no longer able to turn a profit. M2 Research added up the casualties, and nearly 11,500 people in the video game industry lost their jobs since late 2008. “The final count for layoffs since …

GRIN the developer with the most awesome logo and yet no so great games (Terminator Salvation)… okay they did also make Bionic Commando which was pretty cool but you get the point… has closed down. According to their website they have had to shut down thanks to an unbearable cash flow problem caused by certain publishers not paying their bills …

The global economic downturn is a phrase that’s been slung around a lot lately – and for good reason. The global economy is pretty much in the toilet (although it is starting to look a little more rosy), and everyone has been feeling its effects. Companies have been closing, stories of retrenchments abound and all the while prices have been …

It seems mergers and acquisitions are the order of the day. Following on the heels of news that Id Software has been eaten by Zenimax, EA have conglomerated their two venerable RPG studios – Bioware and Mythic -in to one colossal RPG/MMO development powerhouse. Bioware, of course, are famous for crafting some of the most engaging and memorable western RPG’s …

Microsoft today announced that it would be retrenching 30% of it’s Massive workforce as part of it’s cost cutting measures to bring it’s profits back to the dizzy heights previously achieved. However before you get to worked up about Microsoft’s impending doom I should probably clarify that they are letting 30% of employees from their in-game advertising business, entitled Massive, …

This is never good news to report on. It has come to our attention that one of the biggest gaming magazines in South Africa has fallen victim to the current economic climate. While the details are still a little sketchy it appears that PlayTech magazine has been cancelled with immediate effect. According to some industry insiders PlayTech had one of …