World Series of Video Games cancelled
Games Media Properties announced on Thursday that the World Series of Video Games would be expunged after just two years due to its high operating costs.

Effectively immediately, all remaining events including those in Los Angeles, London and Sweden have been canceled.

“The World Series of Video Games launched with the goal of expanding interest and participation in competitive gaming,” event organizer’s said in a statement.

“The continuing challenges of securing adequate revenues has prompted us to re-evaluate our direction as an organization. Unfortunately, the decision is to cancel the remainder of the WSVG season.”

Any outstanding prize money will still be paid upon receipt of requisite paperwork says Games Media Properties.


 

M-rated games rate better than the rest
A study released this week indicates what many gamers already know: high scoring games sell better than poor selling ones.

After analyzing more than 400 games for PS3, Wii, and Xbox 360, Electronic Entertainment Design and Research found that games with an average review score of 90 or more (less than 2 percent) sell up to five times better than games with lower scores.

Mature-rated games, which compromised 10 percent of the sample, were said to receive higher review scores and thus gross the largest number of sales in the United States. Action games were the most prevalent according to the data making up 24 percent of available tiles. Despite this, shooters are still the best selling genre.

The study also found that Wii supported double the number of games in its first seven months than either the PlayStation 3 or Xbox 360 for the same period.


 

Study: More people plan to buy Wii than Xbox 360, PS3
A new consumer report by BrandIntel contradicts popular belief that surging Wii sales will ultimately wane due to the console’s outdated graphics and newfangled controls.

The online study, compiled from more than 400,000 blog, forum, and social networking comments, found that more people plan on buying a Wii than either the Xbox 360 or PS3 when considering the expansive “non-gamer” crowd.

“As the console war heats up again for the holiday season, Nintendo has been able to successfully target a new audience of casual gamers which has opened up new revenue opportunities for the company,” said BrandIntel vice president Alan Dean.

According to the study, Wii generated high-levels of appeal and consumer recommendations, further suggesting it will continue to sell well. Interest in the Xbox 360 was slightly down having been available for two years now, however, the console is still well-received particularly by gaming enthusiasts due to an impressive game lineup says the report.

Things aren’t as chipper for the Sony camp though.

“The PS3 generated high levels of discussion regarding its processing power and hard drive, but was perceived more negatively than the Wii and Xbox 360 due in part to its high cost and lack of attractive games.”

– Reported by GamePro staff

Comment: info@itbusiness.ca

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