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Machinima.com Raises $9 Million for Video Game Movies

Los Angeles - Machinima.com, a producer of video game-based animated films, has raised $9 million in new funding, led by Redpoint Ventures. Founded in 2000, Machinima.com is currently...

Reports: Softbank Invests $147 Million in Social Gamer Zynga

San Francisco - Social games developer Zynga has received a $147 million new investment from Japan's Softbank, BusinessWeek reported, citing two people familiar with the deal....

Microsoft Previews "Kinect" Motion-Sensing Xbox Controller

Los Angeles - Microsoft (NASD: MSFT) introduced "Kinect," its new motion-sensing video game system for the Xbox 360, at an event in Los Angeles over the weekend, before...

Microsoft Adds ESPN Content to Xbox Live

Redmond, Wash. - Microsoft (NASD: MSFT) has signed a deal to make content from Disney's (NYSE: DIS) ESPN sports network available on Xbox Live, the service for its Xbox...

Citing Weak Sales, THQ Lowers Q1, Full-Year Forecasts

Agoura Hills, Calif. - On the eve of the game industry's largest convention, E3, publisher THQ (NASD: THQI) announced that it is lowering its guidance for its fiscal...

888 Holdings Acquires Social Games Studio Mytopia

Los Angeles - Online casino operator 888 Holdings announced on Monday that it has acquired Mytopia, a social games development studio, from Real Dice Inc. The base...

Best Buy to Publish @Gamer Magazine for Enthusiasts

Minneapolis - Electronics and media retail store chain Best Buy (NYSE: BBY) said on Friday that it has partnered with publisher Future US to launched a new...

"Rock Band 3" Gets New Six-String Guitar, Keyboard Controllers

Cambridge, Mass. - Viacom's (NYSE: VIA) MTV Games and developer Harmonix on Friday unveiled new gameplay modes and instrument accessories for its upcoming "Rock Band 3" game, including...

New "Mortal Kombat" With Gorier Fatalities Coming in 2011

Burbank, Calif. - Warner Bros. Interactive Entertainment on Thursday announced plans to release a new installment for its "Mortal Kombat" franchise for PlayStation 3 and Xbox 360...

Telltale to Develop "Back to the Future," "Jurassic Park" Games

San Rafael, Calif. - Telltale Games announced on Wednesday that it has signed a multi-year, two-title development deal to create games based on Universal Pictures' "Back to...