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2009/01/05 9:25:55: By DM
Well, one company that seems to be set for 2009 is Capcom. Their lineup of games for this year, headed up by Street Fighter IV, is impressive. RE5 and Bionic Commando are just two big titles that are planned for the first half of 2009. It seems not everyone is struggling. Click read more for the full info.

PRESS RELEASE

London – January 5, 2009 - Capcom®, a leading worldwide developer and publisher of videogames, has today confirmed that seven of its upcoming titles will be released within the first half of 2009. The line up demonstrates Capcom’s commitment to pursuing a multiformat strategy and growing its portfolio of titles and includes the latest instalment of some of the industry’s most cherished franchises.
2009/01/05 8:27:16: By DM
Sony is not the only console maker having trouble, it seems. Microsoft is going to be eliminating many jobs in the early part of 2009, to cut costs. As many as 15,000 of its 90,000 strong workforce is under threat at this point, according to a mish mash of reports from the last few days. That adds up to between 12-17 percent of the total MS workers that may get the axe come January 15. 2009 is really starting off with a bang. The cuts are mostly expected in the Middle East, Europe, and Africa region, as well as the MSN department. Fortunately, the prevailing thought is that the games department should remain unaffected.
2009/01/05 8:22:28: By DM
Welp, 2009 is here in full swing, folks, so back to the grind, and let's make it the best year ever! Following last week's decision to cut 8000 jobs, Sony is now going to take more drastic measures to try to cut-costs and stay afloat. Early next month, Sony will close factories in Japan, and wipe out a few major divisions. According to The Times, the company will restructure and make fundamental changes to their manufacturing processes. Sony Electronics, Sony Pictures International, Sony Playstation, Sony Computer Entertainment, and Sony BMG are all candidates for the axe. Oh boy.

*Update: Most recent Sony Japan news report has Sony denying this report fully. Read it here. Stay Tuned!

2008/12/22 10:26:29: By DM
Another great developer has closed its doors, it seems. According to a post over at IGN, Factor 5, the legendary game developer, has indeed closed its doors. No more info at this time, but this is a scary trend, for sure.
2008/12/19 13:17:04: By DM
EA is apparently experiencing the effects of the economy as much as the rest of us are. They will be cutting their workforce by 10%, which is just about 1000 people. Not only that, but they will be closing nine publishing and studio locations. Black Box Studios in Vancouver is one of the locations that will be shut down. Click read more for the full info.

PRESS RELEASE

REDWOOD CITY, Calif.—(BUSINESS WIRE)—Electronic Arts Inc. (NASDAQ:ERTS) today announced further details on a restructuring plan which will include consolidating facilities and reducing the work force.
2008/12/19 9:15:12: By DM
A spokesperson for Resolve, the company called in to deal with the Free Radical closure, has confirmed that the developer is indeed closed for now, but that the employees have been paid up until the end of December. The company was placed into administration, which is the UK's version of bankruptcy. In an update, though, GI said that 40 or so workers will remain at FR to work on game concepts.
2008/12/18 9:25:36: By DM
Another developer has apparently closed its doors. Free Radical, the people behind Timesplitters and Star Wars Battlefront, have apparently shut down operations. Workers showed up to work today to find locked doors, and a note to meet at a nearby hotel. The team's Star Wars Battlefront III project has apparently been moved to Rebellion, the developer of the PSP Battlefront game. This trend is certainly alarming.
2008/12/17 10:53:20: By DM
LOTR Online developer Turbine has added its name to the list of studios that have cut jobs from their staff roll. At both the Massachusetts and California locations, employees were let go. This is a disturbing trend that seems to be affecting even the most successful developers. If this is not a sign of the economic times, we don't know what is.

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