The Money Making Game #9: The Winners and Losers of E3 Expo 2011

We certainly have no problem getting caught up in the fun of playing games, but the people who create them have their pocketbooks to worry about, too. In this column, finance expert and GameSpy contributor Chris Morris guides you through the tricky corridors the gaming industry’s financial side, touching on big-time business decisions and how they matter to the common gamer.

At this point, we’ve all heard a lot of talk about who and what “won the show” at E3 Expo 2011 earlier this month. It is, in fact, one of the most common questions attendees ask each other. But in the big picture, it’s a question that’s a little shortsighted.

The video game industry is undergoing such a seismic shift these days (in terms of its fundamental business model), that focusing on a single company or title doesn’t give anyone an adequate look into the future. A hit game is nice, but long-term, publishers need to have a broader plan — and they need to have that on display.

Read more at GameSpy

Nintendo facing Wii U backlash

Nintendo’s Wii U saw plenty of excitement at E3. Lines at the company’s booth for a few moments of hand-on time were five hours long, as people jockeyed to be among the first to tinker with the next-generation system.

But outside of the Los Angeles Convention Center, the attitude towards Nintendo’s new machine was decidedly cooler — and in the days following the show, things haven’t warmed up at all.

Read more at Yahoo! Games

Investors Overreacted to Wii U: Nintendo Chief

While some E3 show goers might be willing to wait five hours or more to get a few minutes of hands-on time with Nintendo’s recently unveiled next-generation console, investors were less enthusiastic about the Wii U.

The company’s stock fell 5 percent the day it showed off the system—and was down another 7 percent on Wednesday. In an interview at the E3 trade show, Nintendo’s global president Satoru Iwata said he felt investors were overreacting.


Scenes From E3

Games themselves are only part of the story at E3 , the video game industry’s yearly gala . To get a real sense of the carnival-like atmosphere at the show, you need to look beyond the carefully coordinated demos and presentations.

The E3 convention is often called a circus – but there are a lot more than three rings. With everything from celebrity cameos to multimillion-dollar booths to scantily dressed models, E3 is a constantly moving, nearly organic being. Capturing all of the show’s eccentricities is impossible, but here are a few snapshots of the video game industry’s annual party/trade show to give you a taste.


Weird gear: The craziest gadgets from E3

E3 is a three-ring circus — and like any circus, it’s filled with spectacular sights and things of wonder. (And, thanks to Twisted Metal, it also has a few freakish, scary clowns.)

But it also has a slew of attractions that are just downright weird. We didn’t see any lines of dancing poodles at this year’s show, but here are a few of the less common things on and around the show floor.

Read more at Yahoo! Games

E3: US PlayStation Chief Addresses Hack Attacks

Jack Tretton has been in an unenviable position for the past month-and-half.

As the president of Sony Computer Entertainment America, he is one of the most recognizable personifications of the PlayStation brand – but throughout the extended drama surrounding the hacker attack that resulted in the theft of personal information from over 100 million accounts, he has been forced to sit on the sidelines and remain silent. At this year’s E3, though, he’s finally getting a chance to address the situation.


Social Games MIA at E3 Expo

E3 likes to position itself as the launch point for the future of gaming.

Already this week, Nintendo has unveiled Wii U, its next generation console; Sony has shown off its new portable device (dubbed PlayStation Vita) and the big games of holiday 2011 — and, in some cases, 2012 — are on display.

But while console and dedicated handheld systems are well represented here — and games for mobile phones have a moderate presence — there are very few social network gaming companies at the show. And given the growing size of that segment of the industry, that’s a major hole.


Nintendo debuts Wii U

Nintendo, for the majority of this console generation, has been content to play its own game. Now it’s ready to take the fight to Microsoft and Sony.

The company on Tuesday unveiled its next generation home video game machine — dubbed Wii U — that will be flush with the high-definition graphics gamers have come to expect, as well as a unique, touch-screen controller. It’s scheduled to launch in 2012.

Read more at Yahoo! Games

Wii to Wii U, Nintendo’s next system

Nintendo raised the curtain on its latest videogame console, the Wii U, on Tuesday, but there was one key piece of hardware missing at its presentation — the console itself.

Instead, Nintendo used the Nokia Theater to turn the spotlight on the controller that consumers will use in a variety of ways to play games.

Read more at Daily Variety