Game industry business news

The Indian government recently greenlit its long-delayed plans to allow 51 per cent foreign direct investment in multi-brand retail in India, which analysts believe could bring in $2 billion in investments over the next two years. The move paves the way for international retailers such as Amazon.com and Carrefour to …

The official game of the ICC T20 World Cup 2012 – which gets underway in Sri Lanka today – is out now for mobile devices. Developed by Jump Games, the game is available for smartphone platforms such as Android, iOS, Blackberry OS and Symbian, as well as for feature phones …

Bioware is currently developing the third instalment of the Dragon Age franchise, the game’s executive producer Mark Darrah announced via a post on the developer’s official blog. In production for almost two years, the game will use a new engine built on the foundation of DICE’s famed Frostbite 2 engine. …

The long, strange path that’s been the post-release development of Team Fortress 2 has formed out of a need for Valve to both experiment and survive. Over the years a variety of additions have been made to compliment the title including going free-to-play, bringing in new modes, class updates, introducing …

We may have underestimated Microsoft’s life after Bungie plans for the Halo franchise. Last week the company registered domain names for Halo 7, Halo 8, and Halo 9 as reported by Fusible. The swiping up of the URLs could indicate Microsoft has ideas well beyond 343 Productions run at Halo …

MGM has acquired the film rights for one of the better stories to grace the gaming landscape in recent memory. Hollywood Reporter has word that the Dmitri Glukhovsky science fiction novel Metro 2033 will receive a movie adaptation following the IP’s two video game efforts. F. Scott Frazier will write …

UPDATE 1:In the moments since publication MCV has been contacted by two sources who claim that Evolution is not the new WipEout developer. We will await an official confirmation. UPDATE 2:Sony has responded with "no comment". ORIGINAL STORY: Sony is to hand over the WipEout IP to UK developer Evolution …

Founders to lead up games development and engineering teams

EA has announced a third game in its 8m plus selling RPG series Dragon Age. Called Dragon Age 3: Inquisition, the game is powered by EA’s Frostbite 2 engine and has been in production since 2010. "The Dragon Age team has been working on Dragon Age 3: Inquisition for almost …

There is a lot of unnecessary conflict within the games industry. And I’m not talking EA vs Activision or HMV vs Blockbuster. But rather areas that would be better off if they just worked together. Retail and digital. Publishers and developers. GAME and Gamestation. It’s not that these two retail …