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Video Game News:
Hilton in video games, without the green light effect?
By Pete Harrison Thu Feb 23, 5:48 AM ET
LONDON (Reuters) - Britain's Hilton Group (HG.L) said that after
the sale of its hotel division later on Thursday it would become a
pure gaming company using the Internet to exploit opportunities in
Europe and Asia.
The group was laying out its plans alongside its annual results,
following the sale of its Hilton International division to its
U.S. namesake Hilton Hotels Corporation (NYSE:HLT - news) for 3.3
billion pounds ($5.8 billion).
"Through e-gaming we reach into 200 countries around the world,
and there's the intention to push that even faster," Deputy Chief
Executive Brian Wallace told Reuters.
Hilton reported a 10 percent rise in year profit and said it would
return up to 4.2 billion pounds ($7.3 billion) to shareholders
early in the second quarter following the hotel sale.
Profit before tax rose 9.9 percent to 413.9 million pounds in 2005
and operating profit from online gaming nearly doubled to 41.4
million.
"When we said four years ago this business could make 50 million,
people laughed," Wallace said of the online gaming division.
"Well, we're a long way toward that."
What's with Sony?
By Alyce Lomax Wed Feb 22, 4:16 PM ET
What's up with Sony (NYSE: SNE - News) lately? For the last couple
days, rumors have been flying that the company may delay launch of
its long-awaited PlayStation 3 game console, and that could
certainly spell trouble for the company. The new console is a hot
product among the company's recent missteps, and a long delay
could certainly give its rivals an edge.
Sony's been a highly watched company lately, considering the fact
that the once-mighty consumer electronics giant has dropped a few
balls lately. There's the much-publicized fact that its Walkman
product lost its rep as the king of music players when Apple
(Nasdaq: AAPL - News) took the crown with the iPod. (Sony's trying
to carve out a new niche in digital books, though.) And of course,
its rootkit controversy is still fresh in many minds.
On the other hand, even a Sony skeptic like me had to note that
the PlayStation line of products has been a major bright spot. The
PlayStation is the number one game console. I was surprised to
hear that Microsoft (Nasdaq: MSFT - News) was beating Sony to the
punch by releasing the
Xbox 360 right in time for the 2005 holiday season, and that
Sony's PlayStation 3 was going to be a no-show. However, given
recent rumors, it seems PlayStation 3 may arrive even later than
that.
Some news reports point out that Sony downplayed PlayStation 3 at
the Consumer Electronics Convention in January. Meanwhile, some
analysts think PlayStation 3 won't launch here in the U.S. until
the 2006 holiday season -- or maybe even later. There's also talk
of the high cost to manufacture the product, with one analyst
pegging it at $800 per console.
Granted, PlayStation 3 is proposed to have some pretty incredible
features, such as inclusion of a Blu-ray high-definition DVD
drive. It's supposed to be one of the first devices that will
include that next-generation technology, which of course is one of
the reasons why the console is so anxiously awaited. In addition,
it will include a snazzy microprocessor that is reportedly several
times faster than Intel's (Nasdaq: INTC - News) Pentium 4, another
impressive addition.
Sony is standing firm on its past plan to launch the product this
spring, which could be somewhere in the April to June timeframe.
I've long wondered about the bullish price pegged on Sony's shares
when the company has made some major missteps over the course of
recent history. The rumors about PlayStation have helped Sony's
shares lose nearly 5% of their value over the last week. Given the
fact that Microsoft's Xbox 360 is having a problem meeting demand
for the product -- a mixed blessing, of course -- it stands to
reason that the longer Sony waits to release PlayStation 3, the
more market share it stands to lose to Microsoft and other rivals,
casting a shadow on one of its most popular products. It seems to
me that investors have good reason to be wary.
After an introductory segment which showed Keighley and Fils-Aime
being serenaded by a troubadour in Mario drag while racing Mario
Kart-esque go-karts, the pair got down to business. Keighley asked
Fils-Aime directly what is going on with Twilight Princess.
Without missing a beat, the outspoken executive confirmed that the
game was missing its current Q2 2006 window.
"It's coming out in the fall, it's coming out on GameCube," said
Fils-Aime. "There's been a lot of speculation. People have been
saying that we're holding it back or that it's gonna be launched
just on Revolution. Tell your people 'Not true,' it's gonna be out
on GameCube, it's gonna be out in the fall."
Addressing recent rumors, Keighley asked Fils-Aime if Twilight
Princess would have special features that could be accessed only
when it was played on the backward-compatible Revolution. When
Keighley asked if the Revolution's motion-sensing controller could
be used to control link's sword in the game, Fils-Aime demurred.
"It's a great idea," he said. "You should talk to [Zelda creator
Shigeru] Miyamoto about it. But right now the focus is on
GameCube."
What I've been playing:
Fable: Lost Chapters--XBOX
Burnout Revenge--XBOX
Animal Crossing: Wild World--NDS
Anime News:
Convention Corner:
Video game tournaments galore in a larger gaming area than last
year!!
Sunday:
Five teams of four Ninja’s test their skills for prizes.
3:00pm - 5:00pm, Room 222B
WTF?
