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Announcements

Submission + - Sam Raimi to direct World of Warcraft movie (blizzard.com)

Decado writes: Blizzard have just announced that Sam Raimi is to direct the new World of Warcraft movie.

"Raimi, acclaimed director of the blockbuster Spider-Man series, will bring the forces of the Horde and the Alliance to life in epic live-action film. Charles Roven's Atlas Entertainment will produce alongside Raimi's Stars Road Entertaiment."

While it is still early days does this offer hope that someone might finally make a good movie based on a games IP?

Businesses

Submission + - Abit to Close Its Doors Forever on Dec 31, 2008 (xbitlabs.com) 1

ki1obyte writes: Earlier this year, Abit, once leading-edge maker of computer mainboards and other components, was slated to shut down motherboard production by the end of 2008 and focus on consumer electronics devices. X-bit labs reports that Abit will cease to exist entirely starting the first of January, 2009, as the owner of the brand — Universal Scientific Industrial — is in the process of restructuring and cutting down the costs.
Businesses

Submission + - Governments preparing to bail out DRAM makers (idg.com.au)

An anonymous reader writes: DRAM makers are facing one of the worst downturns in their history and governments around the world are lining up to help companies through the mess. Taiwan, Germany and South Korea all appear poised to offer some assistance to their DRAM chip makers. The chip makers' problems are indicative of global woes. Easy lending terms and a bright view of the future prompted them to build too many new DRAM factories. Much of the new output was aimed at Microsoft's Windows Vista OS, which has higher memory requirements than XP.
Music

At Atlantic Records, Digital Sales Surpass CDs 273

The NYTimes reports that Atlantic is the first major label to report getting a majority of its revenue from digital sales, not CDs. Analysts say that Atlantic is out in front — the industry as a whole isn't expected to hit the 50% mark until 2011. By 2013, music industry revenues will be 37% down from their 1999 levels (when Napster arrived on the scene), according to Forrester. "'It's not at all clear that digital economics can make up for the drop in physical,' said John Rose, a former executive at EMI ... Instead, the music industry is now hoping to find growth from a variety of other revenue streams it has not always had access to, like concert ticket sales and merchandise from artist tours. ... In virtually all... corners of the media world, executives are fighting to hold onto as much of their old business as possible while transitioning to digital — a difficult process that NBC Universal's chief executive ... has described as 'trading analog dollars for digital pennies.'"

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