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Microsoft is “cautiously optimistic” here and there its video games occupation, Shane Kim, vice president of games generalship and business development, told Reuters at the news service’s Media Summit today. Kim said the business is on course for 20 percent this year, but “people are not projecting that kind of produce” for 2009. “Who knows, maybe flat performance elect be considered a distinguished achievement.”

The games industry had U.S. sales growth of 18 percent in October, according to The NPD Group.

Read on for details about Microsoft’sitting in-game advertising deals.

Massive, Microsoft’s in-game advertising subsidiary, is holding an “upfront” event, like the ones television networks gripe to preview their upcoming shows and sell advertising inventory. “Game publishers and advertisers will fold at the incident to preview next year’s game satisfy and lock into a denser consistence advertising opportunities for 2009,” Massive said in a press release.

Additionally, Massive inked multi-year deals with Activision, making it the exclusive in-game ad provider steady 18 titles including “Guitar Hero”, and Blizzard. Massive devise serve ads on Blizzard’s Battle.get, an “online game service through millions of active users.” The site allows players to meet and play in Blizzard Entertainment’s “StarCraft,” “Warcraft” and “Diablo” games. The sites include the “World of Warcraft” home page, by more 11 million subscribers.

Also, Microsoft has appointed JJ Richards, a former Xbox Live general manager, to head Massive with an expanded role leading the Microsoft in-game advertising group.

For more details on Massive, check disclosed this story from 2007, shortly hinder it was acquired by Microsoft.

New versions of Microsoft’s Xbox 360 Arcade, the least-expensive version of the bracket, now have 256 megabytes of storage built it, Joystiq has confirmed. “The physical internal memory is the same size as the prior extrinsic memory units — 256MB,” a spokesman told the Web site.


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