Friday, May 20

Tag: Nintendo

Gaming

Saudi Arabia’s Public Investment Fund Now Owns 5% Of Nintendo

Image: NintendoSaudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.The news was announced in a filing made with Japan’s Finance Ministry, Bloomberg reports. It follows similar investments made last year in Capcom, EA, Take-Two and Activision, along with almost complete ownership of SNK. Bloomberg says this would make the Public Investment Fund the company’s “fifth-largest shareholder”. If this is the first time you’ve encountered this kind of money, know that the PIF fucking sucks, as does the man running it, Saudi Crown Prince Mohammed bin Salman. As Ian wrote just last month:Saudi Arabia spent the last year throwing money around the video gam...
Gaming

Retro Game Prices Are Being Manipulated, Lawsuit Claims

Screenshot: Heritage Auctions / KotakuThe market frenzy leading to record-breaking prices for retro games appears to have slowed since last year, but frustration over the collectible grading firm at the center of the spike hasn’t. Earlier this week a number of Wata Games customers filed a class action lawsuit attempting to put an end to some of the seemingly shady business dealings that allegedly sparked the recent gold rush in classic games like Super Mario 64 and The Legend of Zelda.Filed in the Central District Court of California, the class action lawsuit (first spotted by podcaster Pat Contri) is on behalf of Jacob Knight, Jack Cribbs, and Jason Dohse, as well as other potentially “similarly situated” individuals. They accuse Wata Games and owner Collectors Universe of pumping up a bu...
Gaming

Apple Discontinues iPod, Mobile Gaming Icon, After 22 Years

Photo: Justin Sullivan (Getty Images)Pour one out for every kid who one-strapped a backpack in middle school, as they’re likely in mourning today. With Apple’s discontinuation of the 7th-generation iPod Touch, announced yesterday, it’s official: the iPod is dead.Ostensibly, the iPod was a music device, meant to digitize song libraries and move listeners away from the limitations and galactically better sound quality of physical media. (Whether such a shift was good for the music industry is, of course, another story.) But over its many iterations, the iPod also heralded another revolution: that of mobile gaming.Once upon a time, mobile gaming consisted of playing Brick or Snake on your parents’ dusty Nokia. And sure, following its 2001 launch, the iPod—which literally featured a shoddy por...
Gaming

Pokémon Legends Arceus Outsells Classics, Proves Risks Pay Off

Screenshot: NintendoAccording to the fiscal report that Nintendo released today, Pokémon Legends: Arceus sold 12.64 million units last year. While it doesn’t usurp Pokémon Brilliant Diamond and Shining Pearl’s combined sales figure of 14.65 million, it’s nevertheless impressive for an original title that deviated so far from every mainline game in the series. Legends is currently sitting at number fifteen on the VGChartz list, directly under HeartGold and SoulSilver. It’s also sitting above Crystal, Emerald, Platinum, and both FireRed and LeafGreen. Whether you think that Legends is a quirky experiment or a main Pokémon game, the sales figures solidly establish the open world monster-catcher as a giant among the classics.The rankings are especially wild when you consider how much controver...