Game industry business news

Despite the promise of photorealism in games, it could be a long wait before it is ever achieved in virtual reality hardware, says AMD’s chief gaming scientist Richard Huddy. Virtual reality is a staggeringly exciting field,” he told Develop as part of our in-depth feature onthe future of game graphics. …

Can F2P be as successful on consoles as it has on smartphones? There’s every chance, Sony Online Entertainment boss John Smedley has argued. The exec told Gamasutra that the PS4 version of free-to-play MMO DC Universe Online has been monetising amazingly well” and is making between 3-3.5 times as much …

Tracey McGarrigan, head of PR and communications at Green Man Gaming, Playfire and Green Man Loaded, offers her tips for landing a job in PR. What exactly does your role entail? I oversee our global industry/trade, corporate/financial, and publisher PR activity. My role involves sharing great stories about what we …

Valve has finished the design of its Steam controller and is putting it into production, according to Origin PC CEO Kevin Wasielewski. Speaking toGameSpot, Wasielewski said after a number of revamps following user feedback, Valve had settled on a final design for the controller and may showcase it during GDC. …

Sony will not release the PS4 in China on January 11th, as planned. In a statement provided to Reuters the company said the last minute decision was made due to various factors”, none of which have been specified although it is claimed that prolonged negotiations with Chinese authorities” played a …

Develop finds out more about a new funding scheme for low-carbon businesses

The wait for futuristic RPG Cyberpunk 2077 looks likely to be a long one. "The first rule of Cyberpunk 2077 is that we don’t talk about Cyberpunk 2077," CD Projekt’s head of marketing and PR Michal Platkow-Gilewski told GameSpot. "On a more serious note, in short, communication-wise, we are now …

A number of big retailers have cut $20 off the price of the PlayStation TV in the US. VG247 reports that Amazon, GameSpot and Best Buy have all cut the $100 entry-level SKU to $80 while the $140 value bundle has been reduced to $100. It doesn’t appear to be …

Britain’s largest retailer Tesco is to close 43 stores amidst a number of restructuring plans. A significant proportion” of the closures will come from its local convenience stores and are targeted on its unprofitable outlets. It has also scrapped plans to open 49 new large supermarket stores. The company also …

Forget Mario moving to smartphones – smartphone hit Puzzle & Dragons is making the move to 3DS. Puzzle & Dragons: Super Mario Bros Edition, which can be seen in the video below, mixes the game’s established gameplay with a Mario-themed makeover, with the gems carrying recognisable icons and the villains …