Mists of Pandaria Release Date

Grab a case of your favorite drink and get ready to hunker down: the latest expansion for World of Warcraft is set for release on Tuesday, September 25th.

More Layoffs

Sad news from the west coast:  Two more studios lay off workers, Microsoft Game Studios Vancouver and WB Games Seattle.  MGS Vancouver has laid off 35 employees thanks to cancellation of Microsoft Flight and the Kinect-only Project Columbia. WB Games have laid off an undisclosed amount of people, rumoured to be mostly from Monolith (F.E.A.R.).  We hope everyone affected lands on their feet.

Final Fantasy XIV: A Realm Reborn

To say that Final Fantasy XIV had a poor reception would be an understatement.  That’s why last year Square-Enix announced they were redoing the game from the ground up as Final Fantasy XIV 2.0, now named A Realm Reborn.  We’ve been promised a new engine and an entirely rebuilt game that will run on both PC and PS3 (like the original FFXIV was supposed to).  We don’t have any gameplay footage yet, but SE did give us this pretty sweet new trailer.

Krazy About Konami

While the people of London get ready to host the Olympics, Konami gets ready to open a new studio.  They’ve recently begun hiring for a new London-based development studio that will focus on the Pro Evolution Soccer franchise. Speaking of Konami, Hideo Kojima has announced that he’ll be showing off his new Fox Engine in Japan on August 31st.  We can’t wait to see what he has in store for us.

Australian Giant

EA has, or rather had, two mobile gaming studios in Australia, Firemint and IronMonkey. Now they’ve been merged to create Australia’s biggest game studio: FireMonkeys.  Oddly, a giant flaming monkey is actually one of Australia’s least frightening creatures.

Mass Effect: The Movie

Hollywood adaptations of videogames don’t exactly have the best track record, but hopefully that will change soon.  Screenwriter Mark Protosevich, known for Thor and I Am Legend, has just completed his script for a Mass Effect movie.  C’mon Mark, don’t let us down.

Financial News

Things don’t look good for social gaming giant Zynga (Farmville, Mafia Wars).  This week saw their shares drop over 40% to the lowest they’ve ever been.  If that’s not enough, company executives sold all their stock in the company the night before, a move that’s sure to trigger some insider trading investigations.  Even worse, this news follows news of a massive loss for the last quarter.  The bubble has burst, my friends.

Nintendo’s woes continue with it’s latest financial report.  The company has reported a predicted loss of 17 billion yen (about $217 million dollars) for the last quarter, citing the main causes of declining Wii sales and selling the 3DS at a loss.  However, things aren’t all doom and gloom: Nintendo reports that going forward they will no longer be selling the 3DS at a lost thanks to decreased manufacturing costs.  Nintendo also revealed the total sales figures for the Wii, DS, and 3DS (see chart below).

All figures shown in millions (1,000,000)

 

 

 

 

 

That’s the news round up for this week.  Stay classy.