Added: 03.07.2015 13:53 | 13 views | 0 comments

Mad Catz, the prominent peripherals company that has been designing arcade sticks and other esoteric accessories since 1989, could soon face the prospect of closure if its income does not increase significantly.

In late June, the corporation offered a warning to investors, explaining that it had failed to meet a monthly target that had been implemented as a failsafe by its credit lender, Wells Fargo.

Because Mad Catz was unable to generate as much money as Wells Fargo had asked, the bank was given the option to call in its loan. Had this occurred, Mad Catz may not have been able to continue as a going concern.

However, on June 23, Well Fargo waived Mad Catz' violation, and entered into a new agreement with the corporation that will carry on until July 31, 2016.

But Mad Catz, which has been losing money for three years straight since 2011, said it requires "significant contributions from anticipated sales of products related to the Rock Band 4 video game."

Mad Catz is co-publishing the Harmonix-developed title. The company also manufactures arcade boards for , Mad Catz claims that it has overcome a major hurdle by securing a new line of credit. Initially the company will be loaned $20 million, which could increase to $35 million from September in order to ship Rock Band 4.

Karen McGinnis, chief financial officer at the company, claimed that part of the reason it needed to issue a credit warning was because of the necessity to use unequivocal language in financial documents. She claims that the reality of the situation is far more nuanced and positive.

For the financial year that ended in March 2015, Mad Catz posted a net income of $4.7 million. Representatives for the corporation were unavailable at the time of going to press.

Added: 30.06.2015 16:26 | 26 views | 0 comments


A rogue-lite river journey through the backwaters of a forgotten post-societal America. Forage, craft, evade predators. For PC, Mac, and Xbox One. From the Art Director of BioShock and a team of veterans of the BioShock, Halo, Guitar Hero and Rock Band series comes The Flame in the Flood. Travel by foot and by raft down a procedurally-generated river as you scrounge for resources, craft tools, remedy afflictions, evade the vicious wildlife, and most importantly, stay ahead of the coming rains. Featuring an original full length soundtrack by acclaimed Alt-Country rocker Chuck Ragan featuring The Camaraderie, The Fearless Kin and other special guests.

Added: 29.06.2015 18:18 | 9 views | 0 comments

Its been 5-years since we have seen a Rock Band or a Guitar Hero game. As quickly as the franchises rose to stardom, their fall from grace was just as swift. Sidd takes a look at both Rock Band 4 and Guitar Hero Live giving us the low down on what we can expect and who might come out on top. [...] Via The Rock Band 4 Versus Guitar Hero Live War May Come Down to One Single Factor

Added: 29.06.2015 16:15 | 11 views | 0 comments


Its been 5-years since we have seen a Rock Band or a Guitar Hero game. As quickly as the franchises rose to stardom, their fall from grace was just as swift. Sidd takes a look at both Rock Band 4 and Guitar Hero Live giving us the low down on what we can expect and who might come out on top.

Added: 21.06.2015 14:18 | 31 views | 0 comments


VGChartz's Jake Weston: "Music games are coming back in a big way this year, if E3 is any indication. The kings of the genre - Guitar Hero and Rock Band - are both getting new entries after a near half-decade of absence, in the form of Guitar Hero Live and Rock Band 4. Interestingly, both are taking a back-to-basics approach, with Guitar Hero returning to its single guitar approach and Rock Band returning to the classic guitar-vocals-bass-drums combo (no keyboard, a la Rock Band 3). I decided to check out both music games on E3s show floor to determine which is the rhythm game to beat this year."

Added: 21.06.2015 11:16 | 10 views | 0 comments


Its an exciting time for music gaming fans thanks to the return of Rock Band, poised for its triumphant return after being gone these many years. Or five years. In gaming terms that counts as many, so lets go with that. Point is, Rock Band 4 was on full display at E3 showing off everything that made the series special in the past and the features to be excited about when it comes out in the future.

Added: 21.06.2015 10:16 | 12 views | 0 comments


VGChartz's Jake Weston: "Music games are coming back in a big way this year, if E3 is any indication. The kings of the genre - Guitar Hero and Rock Band - are both getting new entries after a near half-decade of absence, in the form of Guitar Hero Live and Rock Band 4. Interestingly, both are taking a back-to-basics approach, with Guitar Hero returning to its single guitar approach and Rock Band returning to the classic guitar-vocals-bass-drums combo (no keyboard, a la Rock Band 3). I decided to check out both music games on E3s show floor to determine which is the rhythm game to beat this year."

Added: 21.06.2015 10:15 | 9 views | 0 comments


Its an exciting time for music gaming fans thanks to the return of Rock Band, poised for its triumphant return after being gone these many years. Or five years. In gaming terms that counts as many, so lets go with that. Point is, Rock Band 4 was on full display at E3 showing off everything that made the series special in the past and the features to be excited about when it comes out in the future.