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Blockbuster to pilot Total Access video game rentals

We’ve long since given up on Blockbuster and the debacle that is Total Access. As the company continues to struggle with the evolving home entertainment industry, Blockbuster repeatedly reminds us all that it just doesn’t get it. That won’t stop it from trying though. According to the Wall Street Journal, Blockbuster will finally begin piloting [...]

Sony posts record $1 billion loss for fiscal year 2008

As expected, Sony announced a record ¥98.9 billion ($1 billion) loss for the fiscal year ending in March 2009. This is Sony’s first reported yearly loss in 14 years and a significant change from the ¥369.4 billion profit Sony reported for the fiscal year ending in March 2008. Overall sales dropped 12.9 percent [...]

Sony to unveil motion-sensing controller for the Playstation 3?

Tired of your bush league Wii-owning friends making fun of the lame Sixaxis motion-sensing technology in your PS3 controller? Hang in there as you may not have to endure their ridicule for much longer. The Cut Scene is reporting that Sony is planning to unveil a new and improved motion-sensing controller that will supposedly wipe [...]

Video games finally falter as sales drop 17 percent

While video games may have been able to sail through the recession in the past, it seems that March proved to be a rather tough nut to crack for an industry that provides a great way to escape ones woes. The NPD Group reports that sales of video games in the US fell 17 percent [...]

March PS3 sales trump Wii… in Japan

It’s not exactly the major coup Sony needs to become a gaming leader once again, but surpassing Nintendo Wii console sales in a market like Japan — even for one month — is a pretty big deal. Fueled by new game titles such as Resident Evil 5 and the PS3 exclusive Yakuza 3, Sony managed [...]

Netflix ponders streaming to Wii and PS3

It looks like Xboxers might not be the only gaming console owners who will be able enjoy Netflix streaming in the future, provided customers show interest that is. A new survey currently being conducted by Netflix asks users a variety of questions surrounding the idea of streaming Netflix content directly to their Wii consoles. The [...]

Wii sales continue to defy gravity as gaming industry grows 10 percent in February

We suppose the continuing upward trend in the video game industry shouldn’t be a surprise to us anymore but we can’t help it… Will someone tell these guys about the recession? They’re clearly still in the dark here because console and game sales are still through the roof — climbing 10% over January to $733.5 [...]

With the economy in shambles, video game sales continue to soar in January

In this day and age it is extremely rare to see a tech company thrive, let alone an entire industry. People still manage to dig up enough cash between the couch cushions for video games however, and Reuters is reporting a hell of a January for the big three of the console world. Nintendo continued [...]

Street Fighter IV gameplay vid reminds us: SFIV almost here

Every time new images or video comes along featuring highlights from the upcoming and long overdue Street Fighter IV franchise-reviver, our mouth starts watering incessantly. We can’t help it. We’re comforted slightly in knowing we should only be about one short month away from the US release, scheduled to hit both Xbox 360 and PlayStation [...]

Sony reduces the production cost of the PS3 by 35%

Yesterday we relayed the news that Sony’s Playstation 3 sales for the holiday period were lower than expected, yet Sony was remaining optimistic. Apparently, some good news on the production front sheds some light on how the company can manage to keep its chin up amidst some pretty terrible sales performance. iSuppli has broken down [...]

US sales of Sony PlayStation 3 decline 19% in November

According to the Wall Street Journal, US sales of the PlayStation 3 in November declined 19 percent from the previous month. This decline comes at a time when Nintendo Wii sales have doubled and Xbox 360 sales have risen 8%. In Black Friday sales alone, the Xbox 360 reportedly outsold the PS3 three to one [...]

Sony confirms PlayStation Home open beta to launch this month

Because the advent of Second Life just isn’t frightening enough, Sony made it known quite some time ago that it would be jumping into the virtual world game with its PlayStation Home product. PS Home has been in the wild in closed beta phase for a while now but it clearly can’t do enough damage [...]

Metal Gear Solid coming to the Xbox 360 soon?

Konami sure knows how to cause a stir. An update to the official Konami’s Kojima Productions website seems to suggest that Metal Gear Solid may finally make its way to the Xbox 360. We will admit that this might be a bit of stretch but the black and green coloring of the symbol-filled website is [...]