• PS Vita

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    38 Studios was unable to make payroll this week, but is in the process of making the $1.125 million payment that set off the company's crisis earlier this week. WPRI reports that a spokesperson for the Rhode Island Economic Development Corporation (RIEDC) did confirm that former Red Sox player Curt Schilling's video game company was unable to pay its employees. A source tells Joystiq that beyond not making payroll, all temps and contractors at 38 Studios were let go this week. At the same time, Governor Lincoln Chafee's office ...
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    It was bound to happen eventually, every other gadget does it. After debuting in a serious black sheen, the PS Vita is now getting a stylish white shell as well. Sadly, the shiny new pale version will only be available in Hong Kong at first, starting June 28th. There's no price premium for grabbing the lighter shade of handheld, though, if you want the matching white accessory pack, you'll have to pre-order. On the plus side, if you pledge now, they'll toss in the Trooper Pack, Armor Game case, 4GB memory card and (perhaps most importantly) ...
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    If 38 Studios does shutter, beyond Rhode Island taxpayers having to pay off the $75 million bond (plus interest) through 2020, it appears the state will also own the intellectual property of the developer as a parting gift. Reviewing updated documentation released by the Rhode Island Economic Development Corporation (RIEDC) today, it appears 38 Studios put up all present and future IP by the company as collateral. According to the documentation, 38 Studios' intellectual property rights and other collateral were pledged to the RIEDC and assigned to a trustee ...
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    Today's emergency meeting by Rhode Island officials to determine what they are going to do about Curt Schilling's 38 Studios has concluded with officials freezing like deer in headlights. Nothing happened. Rhode Island's Economic Development Corporation will take no immediate action to aid the developer, following a closed-door meeting attended by Governor Lincoln Chafee and Schilling, who asked for additional help to save the company. Schilling refused to answer press inquiries and officials wouldn't declare how much money the studio is seeking ...
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    Capcom is revising its DLC strategy to include less content on-disc at launch, senior vice president Christian Svensson writes in a post in the Capcom forums. "We would like to assure you that we have been listening to your comments and as such have begun the process of re-evaluating how such additional game content is delivered in the future," Svensson says. This introspection follows vicious complaints about Street Fighter X Tekken's on-disc DLC, to which Capcom responded that it sees no distinction between on- and off-disc DLC. A few titles currently in production will ship with on-disc DLC ...
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    With Rhode Island politicians and 38 Studios silent on the precarious financial condition of the developer, the potential cost of the doomsday scenario to taxpayers has come to light. WPRI reports that if 38 Studios can't pay the bonds it received from the state, taxpayers will actually be responsible for paying back $112.6 million through 2020. The math works a little something this this: The Rhode Island Economic Development Corporation borrowed $75 million from private investors for 38 Studios, at interest rates between 6 - 7.75 percent, with the expectation that 38 Studios ...
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    Activision has paid out $42 million to the "Infinity Ward Employee Group," which sued Activision in 2010 seeking profits from Modern Warfare 2. A source speaking to Polygon said that the payment was not a settlement; rather, Activision's discovery phase (for its own lawsuit against former Infinity Ward leads Jason West and Vince Zampella) found no evidence that the Employee Group members were complicit in the breach-of-contract issues for which Activision is suing, and so Bobby Kotick and Activision agreed to pay them. That group sought $75 million to $125 million ...
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    Thanks to another week of minimal competition, Sniper Elite V2 maintains its vantage point atop the UK charts for a second week. The game may have seen sales drop 38 percent, but none of the new entries made any type of shakeup on the charts, with the regular motley crew holding the top ten. The EA triplets of FIFA 12, FIFA Street and Mass Effect 3 find themselves in second, third and fifth place, respectively. Nudging in there for some cuddle time in fourth is Prototype 2. Sony's Starhawk is the only new title to crack the top 40, flying in at spot 17 for its debut. ...
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    The results for April are in, and things are looking a little rough out there in consumer video-game electronics land. As a whole, the gaming industry (which for our purposes includes all hardware, software and accessories sales between April 1 and April 28, 2012) brought in $630.4 million, a 32 percent decrease over the same period last year, where its various machinations resulted in collective sales of $930.9 million. Breaking the industry down into its three major components, hardware sales accounted for $189.7 million (down 32 percent year over year) ...
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    Sony will stream its E3 2012 press conference through the internets in a little under a month, having already established the obligatory site with a large countdown clock. Be sure to have a Big Gulp and popcorn ready on Monday, June 4, for all the highs and spectacularly awkward lows. Nintendo has yet to announce its streaming plans for the show, but Microsoft will have its press conference broadcast on the Spike TV network in the States and distributed through Xbox Live streaming. So, watch along at home, and join us on here ...
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