MCV/DEVELOP News, events, research and jobs from the games industry
The Entertainment Retail Association hopes Blockbuster will re-emerge in some form. The rental giant announced it would go into administration earlier today. ERA’s director general Kim Bayley says the rental giant has suffered due to the rise of online and on-demand rental firms. We are saddened by the news that …
Read More »As many as 140 UK retailers are currently in "critical condition"
Business recovery firm Begbies Traynor estimates that 140 UK retailers are currently in a critical condition”. The firm would not identify any of the 140 retailers on its critical watchlist”, but their inclusion means they have either a winding up petition or a county court judgement over 5,000. The stats …
Read More »Blockbuster WILL honour gift cards and credit during administration
Retailer Blockbuster has announced that it will continue to honour gift cards and store credit despite slipping into administration this afternoon. This means gamers who have amassed credit at the store following its increased focus on trade-ins over recent months are not yet being left out of pocket. It will …
Read More »Deloitte focused on "generating as much value as possible" for Blockbuster creditors
In the same week as the UK High Street saw HMV slip into administration, fellow long-term chain Blockbuster has now followed its lead. But whereas HMV bosses remain convinced that they can turn the situation around and save the brand, Blockbuster’s days already seem numbered. In recent years Blockbuster has …
Read More »Blockbuster to appoint administrators
UK entertainment retail is facing another huge blow, with reports that Blockbuster is to enter administration. MCV sources have informed us that management had already been planning to shut in the region of 150 UK stores over the next six months. The retailer is understood to be sitting on significant …
Read More »HTML5: What does 2013 hold?
Intel Developer Blog: A look at the next twelve months for the ever-relevant platform
Read More »Square Enix and Microsoft toast chart triumphs
Square Enix and Microsoft are delighted by their success at UK retail last year. Square Enix told MCV last year that Hitman Absolution would be a Top Five game of 2012 and the firm delivered on that, with its stealth shooter reaching No.5. The firm also had the top selling …
Read More »AMD accuses former employees of sharing secrets with Nvidia
Four former employees of AMD have had a court complaint filed against them following accusations that they slipped secret documents to their new employer Nvidia. ArsTechnica reports that AMD is alleging a violation of a no-solicitation of employees” promise with its rival, claiming that RVP of strategy development Robert Feldstein, …
Read More »Angry granddad takes games from HMV store after his vouchers were refused
An enraged grandfather yesterday stormed out of a Dublin HMV store with three games in hand after staff refused to accept his voucher. The Irish Independent reports that Eric Nolan purchased a €40 HMV voucher for his grandson for Christmas and was attempting to spend it on three games. However, …
Read More »HMV.com taken offline
Administrators Deloitte have taken HMV’s website offline. In its place is a message explaining that: HMV.com has been suspended following the appointment of the Joint Administrators. No purchases can be made until further notice.” HMV management has previously insisted that existing orders are still being processed and will be honoured. …
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