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Posted Apr 26, 2012 at 8:45AM EST by Brett Huffman Listed in: PS3, Xbox 360 Tags: Capcom, dragons dogma
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dragonsdogmaCapcom has brought together "an elite development team" to give you a new level of freedom in this game. And they "urge you to touch and explore all around you," which can get you in trouble in real life but sounds fun in the confines of the game.

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Posted Apr 25, 2012 at 8:06AM EST by Brett Huffman Listed in: PS3, PC Gaming, Xbox 360 Tags: gotham city impostors, Monolith Productions, rodeo pirate pack dlc
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gotham-city-impostors-whiteThe other shoe has dropped; after giving away a bunch of stuff for free Monolith is now charging for their new DLC pack. Of course, it looks bloody awesome so...

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Posted Apr 3, 2012 at 12:15PM EST by Harrison E Listed in: PS Vita Tags: carnival add on, Evolution Studios, motorstorm, motorstorm carnival, motorstorm ps vita, motorstorm rc, news, Sony
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motorstormrc1Motorstorrm has already been a racing game about the melting icecaps and the end of the world. What about a day at the fun fair?

 

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Posted Mar 15, 2012 at 3:00PM EST by Brett Huffman Listed in: Xbox 360, PS3 Tags: Capcom, resident evil 6
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dragonsdogmaHire a pawn for those times when you don't want to grab a monster's tail yourself.

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Posted Feb 23, 2012 at 11:40AM EST by Harrison E Listed in: PC Gaming Tags: Bethesda, Blizzard, bonecraft, bonetown, d-dub entertainment, d-dub interview, sexuality in games, Starcraft, valve, warhammer 40k, World of Warcraft
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bonecraft6Harrison E talks to one of the creators of the popular Bone series and talks about their latest title BoneCraft, sexuality in video games and what's on the horizons for D-Dub Studios.

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Posted Feb 13, 2012 at 12:30PM EST by Harrison E Listed in: PS Vita Tags: playstation blog, psn store, sen, Sony, third-party, vita
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sonycrowdedSony has cast a shadow of doubt over many release day Vita exclusives, but why?

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Posted Feb 9, 2012 at 3:00PM EST by Mr Ham Listed in: PS Vita Tags: abby reyes, vita preorder, vita unboxing
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vitamsmallNot for you personally (maybe), but in a video for everyone.

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Posted Feb 2, 2012 at 9:31AM EST by Brett Huffman Listed in: Xbox 360, PS3 Tags: Capcom, resident evil: operation raccoon city, slant six games
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resident-evil-operation-raccoon-city-teaser-trailerIt's one dangerous 3-way.

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Posted Jan 26, 2012 at 9:30AM EST by Harrison E Listed in: PS3 Tags: die gute fabrik, johann sebastian joust, jsj, playstation move, ps move, Sony, The Game Factory
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johannlogoAn interview with the 2012 IGF nominated creators of Johann Sebastian Joust, Die Gute Fabrik with one of the best games you will see all year for the PS Move.

 

 

 

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Posted Jan 25, 2012 at 3:30PM EST by Listed in: PS3 Tags: saints row the third, THQ
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THQ hasn’t been doing great over the last few months, and this nasty letter from a former employee doesn’t make things look any better.
THQ, the company behind Saints Row: The Third, had a tough 2011. The company was in such dire straits that rumors floated around about it canceling its entire 2014 lineup, rumors the company vehemently denied. This morning we received word that THQ was shifting its strategies yet again, this time focusing more on its core franchises over third party licensing.
It’s hard to get a bead on exactly what’s happening with THQ. Rumors and sales indicate the company is in serious trouble despite the success of Saints Row, but the company refuses to admit that they have any sort of problem. Only one person seems to be willing to comment on the state of the company – an alleged former employee with an obvious bone to pick.
In a letter written to THQ’s Board of Directors, CEO Brian Farrell as well as the general public and a collection of gaming news sites, this “Formerly Mismanaged” employee rattles off a laundry lists of complaints about the company.
The letter essentially claims that THQ’s problems stem from mismanagement and a Board of Directors that has no clue how to strategically run a gaming company. It gives examples like acquiring game studios with no plan on how to utilize their talents (then later shutting them down), investing money into shrinking niche markets, the company’s refusal to dump a CEO that has tanked its stock price and high-paid executives making enormous mistakes that call their competency into question. The disastrous uDraw tablet also makes an appearance.
These allegations of management incompetency surface just a few days before THQ announces its current financial standing on February 2, and things certainly don’t look good. One analyst has gone on the record by stating that THQ, without some sort of financial windfall, with run out of cash near the middle of this year.
You can read the letter in its (extremely long) entirety below:
[JoyStiq]
"To:
THQ Board of Directors
Lawrence Burstein
James Whims, Gigex, Inc.
Henry DeNero, Arcturus Capital
Brian Dougherty, AirSet, Inc.
Jeffrey Griffiths , Lumber Liquidators
From:
Current and Ex-Employees, Shareholders, and The Public
Dear THQ Board,
I am an ex-employee at THQ. I saw the tweet-started headlines over the past week from an "industry expert." This expert is one who I and my friends and co-workers in the industry have never heard of after a long time in the field. I had been reading the various following articles and accounts and it generated sympathy for friends both recently laid off and currently still there. I thought it would be a good idea to send a note with their input. This note has honest facts and thoughts about THQ and the current problems there. Most of these facts are public knowledge and they have been confirmed by public records or can be confirmed by current and former THQ staff there both before and after my and their time.
I have long felt the need to explain to outsiders how this beaten-down company has wound up in this position. It is to the point where having it on your resume is not a point in your favor. And that shouldn't be the case. I'm/We're sending this note anonymously because some of us are still awaiting final checks and others know how little corporations like employees who air their dirty laundry. We feel the need to say something to combat the partial misinformation being written.
THQ had been known through the years for having a formula. They find a hot license, make a cheap game, barely advertise it, and make money. This formula worked during the Playstation and Xbox and Gameboy days and made the company a lot of cash. Unfortunately, THQ's old guard executives seem to be stuck trying to manage the company the same way they did back then and haven't realized the industry has changed.
The beginning of the end came years ago as Brian Farrell lead an executive team to acquire a large number of studios. A large amount of cash was used in the acquisition or setup of game developers with different degrees of talent. The problem was they were bought without strategic reasoning or specific plan on to use them. So after awhile another large amount of money was spent as those studios failed and were sold off and shut down. The executive team at the time were an entirely different group of people with one key exception in the CEO. The CEO/the then executive team wasted the cash that the company had built up with these massive investments and selloffs.
The studio purchase errors were not helped by the mistakes in the licensing deals that were signed by the same CEO. Millions and millions of dollars were wasted on acquiring licenses at the same time the kids, family, casual business was declining at a rapid rate. Instead of slowing those acquisitions he overpaid for more of them until again cash was wasted in paying for brands that didn't sell well anymore.
The mistakes in decisions and cash losses triggered wave after wave of layoffs. In the most recent wave, about 40 people lost their jobs this past December through no fault of their own. The reason why is the chronic and constant mismanagement of their company. The fact is that the CEO and executive committee were so focused on trying to hit an unrealistic financial goal that they bet everything on an extremely risky proposition in the uDraw tablet. When they lost, they further displayed their lack of management skills by not having a contingency plan. Three weeks after the game launched, an entire business unit was wiped out when it didn't meet its goal due to relying on that one product to hit an unrealistic target.
After the layoffs many ex-employees walked around shell-shocked and trying to figure out who was responsible. They came to the understanding that most of us do after leaving the company. The issue with THQ has never been one of lack of staff creativity, intellect or business intelligence. It all rests of the failure of its management team and you the Board of Directors.
This Board has allowed the Brian Farrell, the CEO, the ongoing ability to take a cash-rich profitable company and drive it from a $30 share price down to around $.70 without acting despite numerous mistakes that even for those lacking business training, could see were errors. Even without glaring mistakes how can the same CEO stay in charge after a 99% share price loss? Aside from the board, who is responsible for the current situation and who is accountable for the current and future job losses at the company? When you ask the recently departed who are a good source of information, you get the same answers. This uDraw failure is the largest and most recent one in a string of them that were hushed over and hidden. The answer aside from the Board is the current executive team that allowed this uDraw implosion to happen.
Brian Farrell, CEO with a 2011 salary of $1,289,558, for a lack of business intelligence or fiscal accountability. A vocal inside group pointed out the mistake of trying to launch a year-old product that received almost no software support in the last 12 months. Instead of listening and having a back-up plan, he went ahead and invested a ridiculous amount of money in the manufacturing and advertising of the product and failed miserably. It is passed time for him to go. We are wondering what is taking so long for you to act. We have been wondering this same question for a long time.
Martin Good, EVP and head of Kids, Family, Casual with a 2011 salary of $1,198,023, for bringing no strategic thought or business sense to the role. He was brought out from Australia sales to replace an outgoing head of the business unit and rapidly displayed a complete lack of leadership skills, vision, and any sort of analytical sense. Looking at his compensation package, he is an excellent negotiator as his salary is higher than anyone's except for the CEO. On the plus side he lost his job with the rest of those laid off. On the minus side, he will be floating down on a golden parachute while the rest of the former employees scramble to look for jobs in this challenging environment. Most of those jobs will be at studios in other parts of the country, so they will be forced to relocate their families in the middle of their childrens school years. It is incredible that he made this level of income while doing such a poor job, but it serves as a reflection of the lack of Brian Farrell's ability to staff well and manage.
Paul Pucino, CFO with a 2011 salary of $674,855, for not planning for this possibility and having a safety net or a plan to cover THQ just in case of failure. We have a line of credit that we likely used to buy the plastic that is not selling to customers. It is like taking a cash advance to buy THQ stock and just as worthless of an investment. Paul is known as an absentee executive who is missing when business situations gets complicated. While he was in the loop at the point of the risk, with the following failure he has been clearly unavailable. It is another example of Brian Farrell's inability to staff.
Ian Curran, EVP and head of global publishing with a 2011 salary of $1,037,047, for not flagging an unrealistic sales goal to the CEO or the Board when a big part of the corporation felt the numbers were unrealistic. He blindly held up an unachievable target and didn't act when multiple people told him he was aiming to high and out of step with the marketplace. If a sales executive's job is to anticipate the market, he has done a poor job of it. Another example of Brian Farrell not being able to find the right people for the right job.
Ed Kauffman, EVP of Legal and Business Affairs who clearly was signing bad deals on licensed products, not factoring in the changes in the business and being more critical with financial terms with partners. uDraw by itself cannot possibly explain the companies poor financial health. It is a combination of that product and a string of bad licensed deals that the company took on against better judgement. While Brain Farrell would logically be the final decisionmaker for deals, Kauffman is either unpersuasive in his arguments to not do them or supported them. Either situation equates to another example of poor staffing choices by the CEO.
uDraw was failure and the only people to blame are the people listed above. THQ and its current financial situation is also their responsibility. And they were paid around $4.5 million dollars for their poor decisions. If there is any doubt we would recommend talking to current and former staff to get the straight story. Don't read this note as bitterness on their part, but more as long overdue truth.
So, Board, it is time. Passed time for you to act and passed time for you to do something about the mismanagement that has gone on for too many years. We've watched the stock from the outside and read the comments and the reason why the company is valued so low despite its sales is because of this underqualified management team.
Board it is time for you to act before your names are added to the list above of things that must change.
Sincerely,
The Formerly Mismanaged"

mfthqle1THQ hasn’t been doing great over the last few months, and this nasty letter from a former employee doesn’t make things look any better.

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Posted Jan 19, 2012 at 11:31AM EST by Brett Huffman Listed in: PS3, Xbox 360 Tags: 1999 mode, bioshock infinite, Irrational Games
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bioshock-infinite-logoParty like it's...

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Posted Jan 14, 2012 at 5:40PM EST by Mr Ham Listed in: PSP, PS Vita Tags: CES, DualShock, Nyko, ps vita accessories
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nykosmallThey don’t take their time, eh?

 

 

 

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Posted Nov 30, 2011 at 10:00AM EST by Harrison E Listed in: PS3 Tags: hustle kings, john kearney, john kearney interview, mantis engine, psn, pure chess, rebel play, voofoo studios
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voofoo-studiosJohn Kearney is the co-founder and Art Director of VooFoo studios, the main man behind the Hustle Kings series and the upcoming Pure Chess. Harrison E sat down to have a game of wits with John.

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Posted Nov 22, 2011 at 9:00PM EST by Tim Curtin Listed in: PSP Tags: corpse party, corpse party psp, psp games, psp new releases
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corpsepartyCorpse Party is now available for $19.99 on the Playstation Store.

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Posted Nov 9, 2011 at 7:00PM EST by Harrison E Listed in: PS3 Tags: overkill software, payday the heist on psn, payday the heist on steam, payday: the heist, simon viklund interview, valve
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payday Recently released PayDay: The Heist has gotten amazing reviews and Harrison E sits down with it's Creative Director to discuss the multiplayer game.

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Posted Oct 30, 2011 at 2:30PM EST by Tim Curtin Listed in: Xbox 360, PC Gaming, PS3 Tags: bioshock infinite, Irrational Games, Ken Levine, occupy wall street, washington post
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bioshockinfiniteIrrational games head haunch Ken Levine has revealed how the ongoing demonstrations have helped them shape key parts of Bioshock: Infinite's story.

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Posted Oct 16, 2011 at 11:00AM EST by Tim Curtin Listed in: Wii Tags: comic con, fortune street, itadaki street, mario party monopoly
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fortunestreetNY Comic Con always produces a few weird pieces of information (and pictures!), but the more detail that is made available on 'Fortune Street', the more we are waiting for the creepy Monopoly guy to start jumping around on the TV!

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Posted Oct 9, 2011 at 5:36AM EST by Ryan F. Listed in: Wii Tags: chris, playstats, wii homebrew
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wii-home-thumbHomebrew coder Chris has updated his handy Wiibrew utility Playstats, bumping it up to version 1.1.

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Posted Oct 9, 2011 at 1:49AM EST by Ryan F. Listed in: Xbox 360, Wii, PS3 Tags: Downloadable Content, Harmonix, PlayStation Network, rock band 3, xbox live
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blink_182The new-school of punk meets the English punk pioneers as Blink 182 joins The Clash in next week's edition of the Rock Band 3 update.

 

 

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Posted Oct 7, 2011 at 7:31AM EST by Ryan F. Listed in: iPad, iPhone Tags: app store, firemint, iOS 5, real racing 2
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real-racing2-thumbNew Party Play feature takes AirPlay streaming to new heights.

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Posted Sep 26, 2011 at 8:46AM EST by Karl B. Listed in: MMORPG Tags: maplestory, Nexon
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maplestory-thumbI have to admit that I have no idea what the divorce statistics for the U.S. were last year, but I bet they don't hold a candle to the divorce rate in MapleStory.

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Posted Sep 12, 2011 at 10:40PM EST by Ryan F. Listed in: PS Vita Tags: Sega, super monkey ball
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smb_vitaSega has announced an all new installment of their popular Super Monkey Ball series coming exclusively for the  PlayStation Vita.

 

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Posted Sep 10, 2011 at 3:34AM EST by Ryan F. Listed in: PSP, Wii, PS3, Nintendo DS, Xbox 360, Nintendo 3DS Tags: Capcom, Japan, Marvelous, Media Create, news, Nintendo, sales, Sony
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3ds_red_thumb

Marvelous and VanillaWare's latest PSP action RPG Grand Knights History debuts at number one on the software charts.

 

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Posted Sep 9, 2011 at 1:37AM EST by Ryan F. Listed in: Wii, PS3, Nintendo DS, Xbox 360, PSP, PC Gaming, Nintendo 3DS Tags: Atlus, Capcom, Electronic Arts, Konami, Microsoft, Nintendo, release date, THQ, Ubisoft
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on-shelves-thumb

Check out the list of new games that will soon be dropping in your local game shops as well as your favorite digital marketplace as the second week of September rolls in.

 

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Posted Sep 2, 2011 at 3:43AM EST by Ryan F. Listed in: Xbox 360, PS3 Tags: burnout crash, Criterion Games, Electronic Arts, PlayStation Network, xbox live
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burnout-crash-thumbEA has finally pinned down the released date for Criterion's retrofitted racer, Burnout Crash.

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Posted Aug 31, 2011 at 5:38AM EST by Ryan F. Listed in: Nintendo 3DS Tags: rhythm thief & the emperorâs treasure, Sega
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rhythm-thief-thumbSega has announced a mysterious musical adventure game for the Nintendo 3DS titled Rhythm Thief & the Emperor’s Treasure.

 

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Posted Aug 24, 2011 at 1:27AM EST by Ryan F. Listed in: Xbox 360 Tags: Activision, call of duty: black ops, Treyarch, xbox live
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cod-black-ops-thumb

List of achievements plus Double XP weekend announced.

 

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Posted Aug 17, 2011 at 9:16PM EST by Ryan F. Listed in: PSP, PS3 Tags: Europe, PlayStation Network, PlayStation Store, Sony
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psstore_bagThis week's European PlayStation Store update is now live folks.

 

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Posted Aug 11, 2011 at 11:24PM EST by Ryan F. Listed in: Xbox 360, Wii, PS3 Tags: Harmonix, Mad Catz, rock band 3
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rb3-thumb

Harmonix have teamed up with Mad Catz Interactive to re-release Rock Band 3 this holiday season.

 

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Posted Jul 28, 2011 at 1:56AM EST by Mabie A. Listed in: PC Gaming Tags: from dust, Ubisoft
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fromdust_boxAs it turns out, it's not only Driver: San Francisco that will require you to be online everytime.

 

 

 

 

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Posted Jul 27, 2011 at 9:36PM EST by Ryan F. Listed in: PSP, PS3 Tags: PlayStation Network, PlayStation Store, Sony
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psstore_bag

Head's up to all PlayStation fanatics in Europe, here is you weekly dose of PlayStation Store goodness.

 

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Posted Jul 20, 2011 at 9:39PM EST by Ryan F. Listed in: PSP, PS3 Tags: PlayStation Network, PlayStation Store, Sony
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psstore_bag

This week's European PlayStation Store update is now live folks, bringing a slew of new contents, special offers and more.

 

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Posted Jul 13, 2011 at 11:31PM EST by Ryan F. Listed in: PSP, PS3 Tags: news, PlayStation Network, Sony
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psn-logo-thumb

Promises to deliver "new and different game experiences" to the PlayStation community "that can’t be found on any other game console."

 

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Posted Jul 8, 2011 at 3:37AM EST by Ryan F. Listed in: Nintendo DS, Nintendo 3DS, Wii Tags: dsiware, eshop, Nintendo, WiiWare
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wiiware-dsiware

Nintendo has sent out the list of contents for this week's edition of the North American Nintendo Shop update.

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Posted Jul 6, 2011 at 12:35AM EST by Ryan F. Listed in: Xbox 360 Tags: Crytek, kinect, Microsoft, ryse
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crytek-logo-thumb

But due to similarities between Crytek's project and some Xbox 360 titles at that time, the deal didn't materialize, reveals Microsoft Game Studio Vice President Phil Spencer.

 

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Posted Jul 5, 2011 at 9:17PM EST by Ryan F. Listed in: PSP, PS3 Tags: PlayStation Network, PlayStation Store, Sony
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psstore_bag

Here's this week's North American PlayStation Store update.

 

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Posted Jun 30, 2011 at 7:29PM EST by Ryan F. Listed in: PSP, PS3 Tags: Japan, metal gear solid peace walker hd, monster hunter 3rd hd, news, psp engine, Sony
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mhp3rd-hd-logo-thumb

Sony has finally unveiled the technology behind the upcoming PSP Remaster series, which allows developer to bring some good ole' PSP titles straight to the PS3.

 

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Posted Jun 28, 2011 at 4:24AM EST by Mabie A. Listed in: PS3, Xbox 360 Tags: mortal kombat, netherrealm studios
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mk-thumbMortal Kombat will be opening its gates to the return of Kenshi next week.

 

 

 

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Posted Jun 20, 2011 at 3:02AM EST by Mabie A. Listed in: Xbox 360 Tags: halo: combat evolved anniversary, Microsoft, Phil Spencer
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E3's long been over, but until now, details continue to trickle out revealing more treats from our favorite publishers. Say, like Micrsofot.
In Gamespot's interview with Microsoft Game Studios' Phil Spencer from the event, the executive confirmed that Halo: Combat Anniversary Edition will indeed have Kinect-support to a certain extent.
"Core focus for us in our press briefing this year with Kinect actually came from two sides. As a first-party, we believe that Kinect will be important to all genres of games, be it racing games with Forza, combat games like Ryse. Even games like Halo Anniversary has Kinect integration."
"The interesting thing with the amount of original content that creators came to show with - things like what Mass Effect did, Ghost Recon - we didn't know that was going to be on our stage when we started our E3 planning," he continued.
Despite being a teeny bit forthcoming about details on Halo: Combat Evolved Anniversary, Microsoft is keeping mum on Halo 4. Recently, they debunked alleged leaked details on the fourth iteration, brushing it off as a mere figment of a fan's overactive imagination.
Via [Gamespot]
halo-cea-thumb

Microsoft Game Studios' Phil Spencer confirmed at their E3 presser that Halo: Combat Anniversary Edition will indeed have Kinect-support to a certain extent.

 

 

 

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Posted Jun 17, 2011 at 5:24AM EST by Ryan F. Listed in: Nintendo DS, Wii Tags: dsiware, eshop, Nintendo, WiiWare
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wiiware-dsiware

This week's Nintendo Store update for North American gamers is now live.

 

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Posted Jun 11, 2011 at 11:48PM EST by Ryan F. Listed in: Xbox 360, PS3 Tags: Capcom, dragons dogma, e3 2011, videos
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dragons-dogma-thumb

Two new clips from Capcom's upcoming open world action combat game, Dragon's Dogma, to further whet your appetite.

 

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Posted Jun 8, 2011 at 3:58AM EST by Ryan F. Listed in: PoV Tags: e3 2011, Nintendo, wii u
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wiiu-thumb1Slated to arrive in 2012, Nintendo's next home console comes with a revolutionary new touch screen controller, precision motion controls, and full HD graphics that promises to "expand your idea about what a game console is—and can be."

 

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Posted Jun 8, 2011 at 1:12AM EST by Ryan F. Listed in: Wii Tags: e3 2011, Nintendo, Reggie Fils-Aime, wii u
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wiiu-logoNintendo of America president Reggie Fils-Aime has confirmed that the video montage of third-party titles shown at its E3 press conference earlier was actually generated from PS3, Xbox 360 and PC versions of the game.

 

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Posted Jun 6, 2011 at 10:48PM EST by Ryan F. Listed in: PS Vita Tags: e3 2011, ngp, playstation vita, ps vita, Sony
Ó

psvita-thumbAfter finding out the official pricing for Sony's PlayStation Vita, we now learn the full specifications list and other features of the long awaited PSP successor.

 

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Posted May 23, 2011 at 10:21PM EST by Ryan F. Listed in: PS3 Tags: Codemasters, dirt 3, Downloadable Content, trophies
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dirt3-thumb

Check out the list of trophies that you'll need to unlock to conquer Codemasters' forthcoming off-road racer, DiRT 3.

 

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Posted May 22, 2011 at 6:28PM EST by Karl B. Listed in: PSP, PS3 Tags: Capcom, monster hunter portable 3rd, monster hunter portable 3rd hd
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mhp3rd-hd-logo-thumbYou don't need to learn to claw anymore.

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Posted May 22, 2011 at 2:05AM EST by Mabie A. Listed in: PS3 Tags: Capcom, monster hunter portable 3rd, Sony
Ó

mhp3rd-thumbCapcom has officially announced that the Monster Hunter franchise will be headed to the PlayStation  3. The reveal was made today, and now you should all get your consoles ready for Monster Hunter Portable 3rd HD Version.

 

 

 

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Posted May 10, 2011 at 11:21AM EST by Karl B. Listed in: PoV Tags: firebrand, jayce and the wheeled warriors, saber rider and the star sheriffs
Ó

sawboss-thumbThe new Saber Rider game makes me all nostalgic.

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Posted May 4, 2011 at 1:50AM EST by Ryan F. Listed in: Nintendo DS, Wii Tags: dsiware, Nintendo, WiiWare
Ó

wiiware-dsiwareNintendo has added six new titles to its DSiWare and WiiWare game services.

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Posted Apr 19, 2011 at 12:00PM EST by Carl B Listed in: Xbox 360 Tags: calorie challenge, dlc, kinect sports
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kinect-sports-screenshotMicrosoft has announced a release date for the latest add-on content for Kinect Sports.

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