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BizSpots: Blu-ray, Infogrames, Saitek, 10tacle, Vicarious, Gala-Net

Blu-ray's price cut; Atari parent gets a new VP; Saitek for sale; 10tacle acquires Stormregion; Vicarious opines on NY laws; Gala-Net gets new VP of operations.

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$100 shaved off Sony's high-def video player
In February, Sony announced its slimmer, sleeker BDP-S300 Blu-ray Disc player would hit retail shelves this summer. Monday the company dropped the price on the machine from $599 to $499, roughly half the cost of a BD player a year ago. Reasons cited for the price cut were increased demand and lower production costs, according to Sony home products vice president Chris Fawcett. However, the price of Sony's Blu-ray-equipped PlayStation 3 is holding fast at $599, despite recent industry gripes, less-than-ideal performance, and analyst speculation of an impending $100 PS3 price drop.

Infogrames appoints new head of worldwide publishing
Atari parent company Infogrames Entertainment announced today the appointment of Mathias Hautefort as its new corporate vice president of worldwide publishing and production. Hautefort will be tasked with managing product development for both internal and external studios as well as assuming a chief operating officer role for operational and global coordination. Hautefort's prior experience includes a stint as financial advisor to the French government, as well as executive roles within French cable and telecom companies. The move signals more corporate transition for the beleaguered company. In April, Infogrames' on-again, off-again CEO Bruno Bonnell took his leave once more.

UK-based peripheral maker taking bids
The Guardian is reporting that Bristol, UK-based peripheral manufacturer Saitek has acquired counsel and is putting itself on the block. Founded in 1979, the company specializes in console and PC game devices. Interest reportedly rose in the peripheral purveyor on reports that Microsoft and Hewlett-Packard showed interest in expanding their peripherals business. With standing distribution deals for retail giants such as Wal-Mart and Best Buy, the company is expected to fetch in excess of its £25 million (approximately $49.8 million) asking price. The company is also coming off a record year, having brought in £30M (approximately $59.8 million) during 2006.

European indie developer expands
German independent developer 10tacle today announced the acquisition of Budapest, Hungary-based developer Stormregion. Best known for its critically lauded Codename Panzers series, Stormregion is one of Hungary's largest developers and holds the distinction of being the first officially licensed Xbox 360 and PS3 developer for the Eastern European nation. Currently at work on Codename Panzers: Cold War, the company is expected to begin work on two other titles this year. The deal is part of 10tacle's ongoing efforts to expand its in-house development capabilities. Of the deal, 10tacle CEO Michele Pes stated, "Our goal is to become the market leader among independent development studios."

NY-based developer weighs in on game laws
New York has seen an influx of video game legislation in the past few months, beginning with state Senators Andrew Lanza and Martin Golden promising a "crackdown" on the violent aspect of the medium. Karthik Bala and Guha Bala, CEO and president, respectively, of New York-based, Activision-owned developer Vicarious Visions, have in turn expressed their ire over this recent push. By way of an op-ed in the Albany Times-Union, the two reaffirmed the industry's position that this type of legislation is harmful to taxpayers, violates first-amendment rights, and is unnecessary given the efforts of the Entertainment Software Rating Board. The two also noted Vicarious Visions' many community outreach endeavors and the economic benefits the state has seen from the company's efforts.

Gala-Net hires former Massive exec
John Young, former executive of Microsoft-acquired in-game advertising firm Massive Incorporated, has been named as Gala-Net's new vice president of operations. Chief among his new responsibilities will be to expand Gala-Net's presence in the online gaming space. In addition, Young will take producer credits in Gala-Net's upcoming online car-racing combat game, Upshift StrikeRacer. Set for a summer release, Upshift features car-customization options as well as community-based networking tools. Gala-Net specializes in free-to-play online games and follows a microtransaction-fueled business model. Players can gain access to in-game performance-enhancing items or other features for a small fee.

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carddude

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Drop the price!!!!!!!!! Please lord, drop the price of the ps3!

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randy120

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reactionsok "can someone enlighten me why blue ray is important?" It's not that important really for a game machine. PS3 games will never fill a blu-ray disk as most games will be the same as Xbox 360 games. Only a few Sony exclusives will have that much additional capacity. The larger storage capacity is to hold High Definition movies. So a Blu-Ray player is a competitor against HD-DVD players. The battle isn't over so the market has not chosen a winner yet. I have a HDTV, but I have not purchased a HD-DVD or Blu-Ray yet. I don't want to be charged extra for going HD. You can find DVD for $10-$20, HD is $30-$40. The quality is great, but the price sucks. The $100 off is a current generation Sony Blu-Ray player, not for PS3. But that is what everyone wants sony to do for PS3. The extra $100 will mean even bigger loses for Sony in the short run.

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bcolter

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Is $100 enough to stoke the fires? This is the question!

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reactionsok

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can someone enlighten me why blue ray is important? the majority of people dont care to buy more expensive discs let alone another dvd player. add to that dvd sales have been down so even standard dvds aren't doing great. downloadable media on demand is our future. the winner does NOT win much out of this war. who gave me thumbs down? reveal yourself

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goldeneye_basic

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"Reasons cited for the price cut were increased demand" Well that goes against classic supply and demand logic. Increased supply decreases price. Increased demand increases price. Of course Sony home products vice president Chris Fawcett would say increased demand. I doubt he is telling the truth though otherwise how did he get to be a vice president of a major corporation with logic like that? Can someone enlighten me why someone would post the same thing seven times?

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reactionsok

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[This message was deleted at the request of the original poster]

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kb8618

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[This message was deleted at the request of the original poster]

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surppo

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i hope they drop the ps3 price by end of summer just in time for all the games comin out for the year.

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pondarosa

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"Reasons cited for the price cut were increased demand" lol "Heres to Blu Ray winning the format war" LOL

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ABISPY

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Great that i own PlayStation 3 :)

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Roushrsh

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I hope Ps3 gets a Price drop by christmas at the latest

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sanjt

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If the manufacture cost of blu ray diodes is cut, then the PS3 cost will be ultimatley cut. Probably soon, or just in time christmas.

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emo_worm

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Heres to Blu Ray winning the format war

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navstar29

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Good news for Sony's Blu-ray division, which in essence is good news for PlayStation 3 and its owners and all of Sony for that matter, because if blu-ray is able to standalone as the next gen disk hardware, Sony is set for the next 10-15 years regardless of how horrible things in there other divisions may or may not be going.

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clyde46

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yay first comment. if other places follow NY its gunna be bad for violent games.

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darren05r

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it only mentions a blu-ray player price drop - only speculaion about a ps3 price drop. i dont think they will bring the price down before end of summer at least.

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Brambler

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boring news updates the last 2 days

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jacky531

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this good news sony is dropping there price

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