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"World of Warcraft" Game Subscriber Base Hits 12 Million

Irvine, Calif. - Video game publisher Blizzard, a unit of Vivendi's Activision Blizzard (NASD: ATVI), announced on Thursday that the subscriber base for its "World of Warcraft"...

McDonald's Launches Branded Farm Promotion in "Farmville"

Oak Brook, Ill. - Fast food restaurant chain McDonald's on Thursday launched a new promotion within Zynga's popular social game "Farmville." McDonald's will host the first...

Current TV Signs "Sims" Creator Will Wright for New Show

San Francisco - Current TV has tapped "The Sims" game creator Will Wright to develop a new interactive TV series called "Bar Karma," PaidContent reported. Users...

Providence Equity Pumps $150M Into Game Publisher ZeniMax

Rockville, Md. - Video game publisher ZeniMax Media announced on Wednesday that it has closed on a new $150 million investment from Providence Equity Partners, following...

Panasonic to Introduce "Jungle" Mobile Game Device

Los Angeles - Japanese consumer electronics maker Panasonic plans to introduce a new mobile gaming device that aims to make online games portable, Wired.com reports. The...

Social Games Publisher Zynga Acquires Bonfire Studios

San Francisco - Social games publisher Zynga announced on Tuesday that it has acquired Dallas-based developer Bonfire Studios. Financial terms of the transaction were not disclosed. The...

After Outcry, EA Removes Taliban Mode in "Medal of Honor" Game

Redwood City, Calif. - After the U.S. military announced a ban on sales of the game at its bases, video game publisher Electronic Arts (NASD: ERTS)...

Japanese Mobile App Developer Tonchidot Lands $12 Million

Tokyo - Tonchidot, a developer of mobile "augmented reality" services including the Sekai Camera app for the iPhone, has closed a $12 million second round of...

Nintendo Slashes Profit Forecast; 3DS to Ship Next Year

Chiba, Japan - Nintendo announced on Wednesday that it will launch its 3DS handheld game system next year, missing the crucial holiday shopping season, as the...

Report: U.S. Virtual Goods Market to Hit $2.1 Billion in 2011

San Francisco - The U.S. market for virtual goods will grown from $1.1 billion last year to $2.1 billion in 2011, according to a report...