Results 1 to 12 of 12

GAME set to be saved!

This is a discussion on GAME set to be saved! within the General PS3 Discussion forum, part of the Everything PlayStation; BBC News - Investment capital firm set to rescue Game The investment group, Opcapita, will announce on Sunday it is ...

  1. #1
    Lvl 7 - Gold
    RedBullLordy's Avatar


    Join Date
    Sep 2011
    Posts
    722
    Reputation
    18

    GAME set to be saved!

    BBC News - Investment capital firm set to rescue Game

    The investment group, Opcapita, will announce on Sunday it is buying a large part of the troubled Game Group out of administration, the BBC understands.

    The deal will keep open 333 stores and save 3,100 jobs.
    Half a dozen banks, led by Royal Bank of Scotland, who are owed 85m, have approved the takeover, says BBC business editor Robert Peston.

    Last Monday the video game retailer went into administration, with 277 stores closing down immediately. Administrators PricewaterhouseCoopers (PwC) also announced 2,104 staff would be made redundant but the remaining 333 stores were kept open as they searched for a buyer for the business.

    The retailer had suffered from high fixed costs and an ambitious international expansion. Its business has been hit by competition from online retailers.

    Richard Wilson, chief executive of games industry trade association Tiga, welcomed the deal but said Game would have to develop its online business to survive. He said: "It's important for the company to change to consumer spending habits, and it's really vital that Game also appeals to video game developers. Many video game developers in the UK are of course selling online as well.

    "Game is going to have to change its strategy but that doesn't mean it's impossible, and the fact that Game has got this new backing behind it, this new management, I think that's all for the good."
    http://uk.gamespot.com/news/game-res...firmed-6369275


  2. #2
    PRO Member
    thedevilsminion's Avatar


    Join Date
    Sep 2011
    Location
    Prince Edward Island Canada
    Posts
    353
    Reputation
    8

    Good to hear, the gaming world is on a precipice and needs to evolve in order to stay relevent, I try to keep my purchases to brick and mortar stores as much as possible as local jobs depend on this, however the times as they are we need to try and save as much as possible to get by, so seeing a game online that is 10$ less , anyways good to hear some positive news.


  3. #3
    PRO Member
    DrJackel666's Avatar


    Join Date
    Oct 2011
    Posts
    3,285
    Reputation
    59

    Thank god now all those people might keep their jobs..thats great news.

  4. #4
    Get bent...
    Twitch's Avatar


    Join Date
    Sep 2011
    Location
    PNW
    Posts
    959
    Reputation
    80

    I'm not even in the UK, but I'm still happy to hear this.
    What happens to CoD players when they try to play Dark Souls...

    Formerly known as Tyrion619

  5. #5
    Chuck Norris Approved.
    Wargazsem's Avatar


    Join Date
    Nov 2011
    Location
    Maryland
    Posts
    969
    Reputation
    98

    Quote Originally Posted by Ninja-In-A-Tree View Post
    I'm not even in the UK, but I'm still happy to hear this.
    Same here, never like to see so many people lose their jobs. At this point in time every job counts no matter where you may be located.


    Avy, Chambers35 Sig, dsluckay






  6. #6
    illegal in 9 countries


    Join Date
    Sep 2011
    Location
    Ōsutoraria
    Posts
    3,822
    Reputation
    594

    Glad to hear it. I buy games from game.co.uk on a frequent basis. Along with Zavvi.com, they're the best of the EU online retailers and of the two, Game's the only one offering second-hand games.

  7. #7
    Kiwi Defender
    Nagflar's Avatar


    Join Date
    Sep 2011
    Location
    Vice City
    Posts
    6,570
    Reputation
    386

    Here's hoping they improve in those key areas where they need to the most (like online distribution).

    Toggle Spoiler



    Social Group of the Year (2011, 2012): Platboy Online.
    Sig by Ramon, so praise the crap out of him.
    My posts can be humorous or serious, but it's up to you to decide which posts are which.

  8. #8
    INTJ
    Ps360's Avatar


    Join Date
    Sep 2011
    Posts
    12,268
    Reputation
    310

    why won't you fucking die you terrible game company

  9. #9
    Lvl 6 - Silver
    black__bunny's Avatar


    Join Date
    Oct 2011
    Location
    Australia
    Posts
    560
    Reputation
    18

    Quote Originally Posted by Ps360 View Post
    why won't you fucking die you terrible game company
    Because there needs be alternatives to shopping at EBgames.


    Uncharted | Ratchet & Clank: aCiT | Uncharted 2 | Heavy Rain | CoD:WaW | Prince of Persia | Resident Evil 5 | Darksiders | Prince of Persia: tFS Assassins Creed 2 | LittleBigPlanet | Modern Warfare 2 | Uncharted 3 | Enslaved: OttW | Battlefield: BC2 | God of War I & II | Mafia II
    NFS: Hot Pursuit | Resistance 2 | Tekken 6 | Bioshock | Star Wars: tFU | Mass Effect | Portal 2 | God of War: CoO & GoS | Tomb Raider

  10. #10
    Lvl 4 - Silver
    Magpie42's Avatar


    Join Date
    Sep 2011
    Location
    Strictly Classfied
    Posts
    246
    Reputation
    5

    Quote Originally Posted by Ps360 View Post
    why won't you fucking die you terrible game company
    Ok maybe you dont like the company, but thats peoples jobs you might aswell be saying that to so fuck you

    Sig By Apokolypz

  11. #11
    Lvl 7 - Gold
    NTGSruler's Avatar


    Join Date
    Oct 2011
    Location
    Back Home!!!!!!!!!
    Posts
    626
    Reputation
    8

    Very nice deal for those people who work there. Let's hope the company gets well soon again..

  12. #12
    Lvl 6 - Silver
    Nookie_Egg's Avatar


    Join Date
    Nov 2011
    Location
    UK
    Posts
    489
    Reputation
    7

    I can't remember the last time I used a store to buy anything except groceries, let alone a game, but I'm glad that people have kept their jobs. But having said that, it's the companies own fault for not keeping up with online prices and indeed with local trends. Same goes for HMV. HMV for example sold a game DC Universe Online for 34.99 when you can download the entire game for FREE from the PSN! It's no wonder companies like this go bust or in dire straits.. But in the UK at least, these are the ONLY 2 high street stores [not including supermarkets etc] where you can buy games anyway, so I understand that they can price pretty much how they see fit...

    Game frequently has (well had...) 2 stores within about 5 minutes of each other, which is completely pointless imo. The smaller of these two stores should not have existed in the first place...
    PSN ID: nookie_egg [GMT]
    Feel free to add me if you want, just send me a message that you're from here and what you are interested in boosting if necessary BUT PLEASE, NO BLANK FRIEND REQUESTS.
    Boosting online trophies of:
    NFS THE RUN [co-op], BIOSHOCK 2 [level 40]
    Thanks to EVERYONE who helps boosting sessions!
    [


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


All times are GMT -5. The time now is 02:21 AM.
Powered by vBulletin® Version 4.1.10
Copyright © 2018 vBulletin Solutions, Inc. All rights reserved.
Search Engine Optimization by vBSEO