Game industry business news

Interview: Codemasters on Dirt Rally, Evolution and the company’s bright future

It’s been a tough few years for Codemasters. The UK-based outfit has struggled to get off the ground with the PS4 and Xbox One. Meanwhile, its ventures into non-racing territory – such as last year’s Overlord: Fellowship of Evil – proved disappointing. In fact, Codemasters closed its non-racing operations in …

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GAME secures £100m new lending facility

GAME Digital has sealed a 50m loan, rising to a potential 100m, from Lajedosa. It is a new asset-backed deal which GAME says ‘affords greater flexibility than the existing revolving credit facilities, allowing the Group to increase or decrease its stock purchasing capacity through higher or lower funding, as required.’ …

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Two-factor authentication coming to PlayStation Network

Sony is soon going to be providing gamers with an extra layer of security for PSN accounts. Speaking to Polygon, a representative for PlayStation said that the firm is preparing to roll out a ‘two-step verification feature’. Two-factor authentication is a security measure that requires users to enter two different …

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Toy giant Mattel plots video games invasion

The new Mattel Creations is seeking out developers to make games based on the likes of Thomas The Tank Engine, Bob The Builder and Barbie. Mattel Creations formed in March, and saw the company merge its Playground Productions unit (movies) with Hit Entertainment (TV). It also encompasses the American Girl …

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Xbox One has sold 18m units, Gfinity says

A press release from eSports firm Gfinity has seemingly let slip some up to date Xbox One sales data. In discussing its new Xbox One Tournament Builder App, CEO Neville Upton references the agreement’s ability to enable us to reach Xbox One’s 18 million users globally”. The last official sales …

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Microsoft ‘testing a variety of prototype Xbox devices’

A revamped PS4 seems inevitable. Whether Microsoft has a similar plan for Xbox One remains a matter for debate, but another source has said that’s exactly what’s happening. The Verge reports that sources close to Microsoft reckon the platform holder has been testing a variety of prototype Xbox devices”, and …

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MCV Jobs Weekly: Square Enix strengthens its communications team

Colette Barr andSunil Godhania will focus on Final Fantasy, Toxic hires a new editor and Activision promotes Philip Earl to EVP international. Square Enix strengthens its communications team Square Enix Europe has expanded its PR and community team with two new hires. Colette Barr has made the move from agency …

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Is publishing the secret to GameStop’s survival? Find out in this week’s MCV

In this week’s issue, we speak to GameStop’s Mark Stanley about the retailer’s move into publishing. The exec shares whatthe firm’s ambition is within this space, what it offers developers and how it can compete in areas – like the UK – where it hasn’t got a physical retail presence. …

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