<p>It’s that time of week again when we take a fond look back at the top five news stories from the week. Welcome to the Weekly Wrap-Up. Below you’ll find a brief summary of the stories, but for the full articles, click on the hyperlink. Feel free to let us know if you agree or disagree with our choices; if you have suggestions for future entries, feel free to email me at <a href="mailto:jeremy.tyler@bagogames.com"><strong>jeremy.tyler@bagogames.com</strong></a>.</p>
<p>Enjoy!</p>
<p> ;</p>
<h1 style="text-align: center;">Number 5</h1>
<p><a href="https://bagogames.com/psn-pack-incoming/psn_logo_color_trans-4/" rel="attachment wp-att-43522"><img class="aligncenter size-full wp-image-43522" alt="PSN_logo_color_trans" src="https://cdn.bagogames.com/wp-content/uploads/2013/04/06015147/PSN_logo_color_trans.png" /></a></p>
<h1 style="text-align: center;"><a href="https://bagogames.com/sony-host-ps4-event-e3/">Sony To Host Another PS4 Event BEFORE E3?</a></h1>
<p>Sony may be planning another PS4 event before E3 opens its doors in June to ensure that it gets even more attention (and the spotlight) on its next-generation console. The event itself is currently rumored to be taking place either later this month or in May.</p>
<p>All of this news comes from PCMag.com, who said that their source believes a late April/early May event would be the <i>“likeliest timeframe for a full-blown launch of the PS4</i><i>″</i>.</p>
<p>In addition to this the website claimed that their source should be believed as it is <i>“familiar with the company’s marketing strategy”</i> implying that it has some connection to Sony who are currently guarding facts of their next console viciously.</p>
<p> ;</p>
<h1 style="text-align: center;"><span style="text-decoration: underline;">Number 4</span></h1>
<p><a href="https://bagogames.com/generation-xbox-confirmed-general-manager-microsoft/xbox-720-2/" rel="attachment wp-att-22183"><img class="aligncenter size-full wp-image-22183" alt="xbox-720-2" src="https://cdn.bagogames.com/wp-content/uploads/2012/08/06140925/xbox-720-2.jpg" /></a></p>
<h1 style="text-align: center;"><a href="https://bagogames.com/evidence-suggests-xbox-720-require-constant-internet-connection/">More Evidence Suggests Xbox 720 Will Require A Constant Internet Connection</a></h1>
<p>Even more <a href="https://bagogames.com/evidence-suggests-xbox-720-require-constant-internet-connection/">fuel</a> was added to the speculation yesterday that the next-generation Xbox console from Microsoft will require a constant internet connection which, if dropped, would render games unplayable and put the game/app into a suspended state as the console itself goes into network troubleshooting-mode.</p>
<p>Whilst this sounds like the best horror film imaginable for those with a shaky internet connection at the best of times it could obviously cause a lot more damage than good, essentially disabling your console if your internet provider is experiencing difficulties or you have speed caps in place.</p>
<p><b><span style="text-decoration: underline;"> </span></b></p>
<h1 style="text-align: center;"><span style="text-decoration: underline;">Number 3</span></h1>
<p><a href="https://bagogames.com/high-moon-studios-hit-layoffs/deadpool-game-screenshot-stabbed/" rel="attachment wp-att-43597"><img class="aligncenter size-full wp-image-43597" alt="Deadpool-Game-Screenshot-Stabbed" src="https://cdn.bagogames.com/wp-content/uploads/2013/04/06014849/Deadpool-Game-Screenshot-Stabbed.jpg" /></a></p>
<h1 style="text-align: center;"><a href="https://bagogames.com/high-moon-studios-hit-layoffs/">High Moon Studios Hit With Layoffs</a></h1>
<p>The development team that was working on the upcoming <em>Deadpool</em> title at High Moon Studios has been hit with layoffs, reports <a href="http://kotaku.com/activision-lays-off-high-moon-studios-deadpool-team-466330803">Kotaku</a>. About 40 people, having already finished their work on the game, have been let go.</p>
<p>In a statement to the outlet, Activision detailed the news:</p>
<p>“Activision Publishing consistently works to align its costs with its revenues – this is an ongoing process. With the completion of development on <em>Deadpool</em>, we are taking a reduction in staff at High Moon Studios to better align our development talent against our slate. Approximately, 40 full-time employees will be impacted globally. We are offering those employees who are impacted outplacement counseling services.”</p>
<p><b><span style="text-decoration: underline;"> </span></b></p>
<h1 style="text-align: center;"><span style="text-decoration: underline;">Number 2</span></h1>
<p><a href="https://bagogames.com/lucasarts-shut-disney/star-wars-1313-5/" rel="attachment wp-att-43762"><img class="aligncenter size-full wp-image-43762" alt="Star-Wars-1313" src="https://cdn.bagogames.com/wp-content/uploads/2013/04/06014645/Star-Wars-1313.jpg" /></a></p>
<h1 style="text-align: center;"><a href="https://bagogames.com/lucasarts-shut-disney/">LucasArts Has Been Shut Down by Disney</a></h1>
<p>As if to follow up on the <a href="https://bagogames.com/high-moon-studios-hit-layoffs/">High Moon Studios layoffs</a> we reported on yesterday, it has come to light that Disney has closed LucasArts. In a statement released by the company, a shift from internal development to a licensing model was detailed:</p>
<p>“After evaluating our position in the games market, we’ve decided to shift LucasArts from an internal development to a licensing model, minimizing the company’s risk while achieving a broader portfolio of quality <em>Star Wars</em> games. As a result of this change, we’ve had layoffs across the organization. We are incredibly appreciative and proud of the talented teams who have been developing our new titles.”</p>
<p>While talking to <a href="http://www.polygon.com/2013/4/3/4179334/disney-closing-lucasarts-game-publisher-layoffs-reported">Polygon</a>, LucasArts stated that they will handing game development over to 3rd party studios and are looking into other ways of releasing <em>Star Wars 1313</em> and some of their other titles.</p>
<p> ;</p>
<h1 style="text-align: center;"><span style="text-decoration: underline;">Number 1</span></h1>
<p><a href="https://bagogames.com/zynga-ceo-single-dollar-salary-2013/markpincus2/" rel="attachment wp-att-43930"><img class="aligncenter size-full wp-image-43930" alt="Markpincus2" src="https://cdn.bagogames.com/wp-content/uploads/2013/04/06014122/Markpincus2.jpg" /></a></p>
<h1 style="text-align: center;"><a href="https://bagogames.com/zynga-ceo-single-dollar-salary-2013/">Zynga CEO Will Take A Single Dollar Salary In 2013</a></h1>
<p>Although Mark Pincus, CEO and founder of Zynga, will be earning a salary of a single dollar in 2013 and will also not be taking part in the company’s <a href="https://bagogames.com/zynga-ceo-single-dollar-salary-2013/">cash</a> bonus or equity program.</p>
<p>Although this may seem strange it should be noted that Mark Pincus is estimated to have a net worth of $1.8 million so it defiantly won’t be anything catastrophic for him to take a dollar salary this year, although it isn’t often heard of for obvious reasons.</p>
<p>Whilst Mark Pincus isn’t elgible for any bonus programs other big players in the company can take part in a new executive compensation program even though annual base salaries are within the range of $425,000-$500,000 for the executives. This extra compensation program has the potential of totaling 100% of their salaries if they meet their performance-based bonuses.</p>
<p> ;</p>
<h1 style="text-align: center;"><strong>Honorable Mentions</strong></h1>
<p><a href="https://bagogames.com/nintendo-ar-cars-coming-japan/5813993007_c8177a146b/" rel="attachment wp-att-43512"><img class="aligncenter size-full wp-image-43512" alt="5813993007_c8177a146b" src="https://cdn.bagogames.com/wp-content/uploads/2013/04/06015156/5813993007_c8177a146b.jpg" /></a></p>
<p>This week had a lot of big news and the news staff and I found it hard to narrow it down to the usual five stories:</p>
<p>· <a href="https://bagogames.com/psn-pack-incoming/">Best of PSN Pack Incoming?</a></p>
<p>· <a href="https://bagogames.com/video-content-ps3-epix-signs/">Even More Video Content On PS3 As Epix Signs Up</a></p>
<p>· <a href="https://bagogames.com/nintendo-ar-cars-coming-japan/">New Nintendo AR Cars Coming To Japan</a></p>
<p> ;</p>
<p><a href="https://bagogames.com/?attachment_id=40573" rel="attachment wp-att-40573"><img class="aligncenter size-full wp-image-40573" alt="BG-Bagocast-itunes-logo" src="https://bagogames.com/wp-content/uploads/2013/02/BG-Bagocast-itunes-logo.png" /></a></p>
<p>If you missed out on the big news items this week, you can check out our <a href="https://bagogames.com/podcast/bagocast/">weekly podcast </a>and get an audio update of this week’s madness from our podcasting team. Listen to us as we talk about some things seriously and a few other things not so much. We guarantee this episode will make you shake your fist at times and nod your head at others.</p>

BagoGames > Articles > Game News > Weekly Wrap-Up #41 – Another PS4 Event, NextBox May Require Constant Internet Connection, Layoffs at High Moon, More Studio Closures and More
Weekly Wrap-Up #41 – Another PS4 Event, NextBox May Require Constant Internet Connection, Layoffs at High Moon, More Studio Closures and More
- Categories: Game News
- Tags: High Moon StudiosNintendoPlayStationXboxZynga
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