Hudson in trouble

Japan-based developer Hudson has released dismal financial results that have seen the company cast deep into the red. It has just posted half-year losses of 839 million yen, about $7 million. Gross earnings slumped to £26 million.

The company, best known for its work on the Mario Party series and Bomberman, will be closing two of its offices and will become more closely affiliated with its big brother company Konami, operating out of premises in Sapparo.