Game industry business news

400,000 retail jobs could be lost in next 5 years – analyst

The Centre for Retail Research has issued a grave warning for those working in UK retail. The Independent reports that should current trends continue over a fifth of all UK shopping will be done online. That’s great news for online business, of course, but potentially worrying for the country’s legion …

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Steam Summer Sale beginning this week?

Valve has dropped what is being interpreted as a hint that the Steam Summer Sale will kick off this Wednesday. PCGamesN reports that the Steam Trading Card beta will be ending on June 26th at 7pm UK time. At that point Steam Trading Cards will be open to everyone, with …

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Microsoft ploughing $700m into Xbox One cloud datacentre in Iowa

Microsoft is set to investment $700 million in a new data centre in West Des Moines, Iowa. As part of the deal with the Iowa Economic Development Authority Board, the state has approved $20 million in tax credits for the computing giant for what has been termed ‘Project Mountain’. The …

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Have you booked your place for the Develop Awards 2013?

The Develop Awards returns in just over two weeks on July 10th at the Brighton Metropole hotel. Have you booked your place yet? Tables and seats for the event are selling fast as the game industry prepares to descend on Brighton to recognise the sector’s finest talent. This year’s event …

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MCV India calls for dedicated regional video games trade body

The Indian games industry is one of the world’s future powerhouses – and now is the time to form a trade body to support it. That’s the call to action from MCVuk.com’s sister site MCV India. That is pretty much what any international game company looking to enter India has …

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Metal Gear Solid 5 might offer Kinect functionality

Hideo Kojima has expressed interested in utilising the Kinect camera in the Xbox One version of Metal Gear Solid 5. The Kinect itself brings a lot of different capabilities,” Kojima stated in an official Xbox interview, as noted by GamingBolt. I would like to see what I can do with …

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The Last of Us gets its second UK No.1

Sony’s PS3 exclusive The Last of Us has claimed its second successive UK No.1 in the UKIE Gfk ChartTrack All Formats Top 40. Sales fell 48 per cent compared to its debut week. There was a similar dip for Nintendo’s Animal Crossing (down 55 per cent) although its retains the …

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Destiny gets "biggest ever new IP investment" from Activision

Bungie’s promising Destiny has been given some heavyweight financial backing from publisher Activision. In fact, Activision Publishing CEO Eric Hirshberg reckons his company’s investment may be the largest ever in new video games IP. It’s a sizeable investment – probably one of the biggest investments in a new IP that’s …

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