Game industry business news

The Next Xbox may be just around the corner, but Microsoft Studios boss Phil Spencer has predicted that the Xbox 360 has over 24 months of live left in it. "Right now the Xbox 360 is really healthy and it’s doing incredibly well,” he told GameSpot. I think the 360 …

Iconic Nintendo IP in the works for next-gen console

Crysis developer Crytek has apparently claimed that it is to become a free-to-play only studio. Speaking to Videogamer.com, CEO Cevat Yerli said that the growing DLC and premium services” model is milking customers to death”. The transition will come once the developer has completed its current contracts for traditional boxed …

Administrator PricewaterhouseCoopers estimates that the financial gulf left by the demise of GAME Group will total 131.2m, according to documents obtained by MCV. The company’s most valuable asset was Gamestation, which had a book value of 86.2m. This compares to GAME’s book value of 37m. GAME’s Czech Republic operations were …

A Wii U version of The Legend of Zelda is currently in the research and development phase at Nintendo. With the last game,Skyward Sword, that was a game where you had motion control to use your weapons and a lot of different items, and I thought that was a lot …

Retailer ShopTo has become the first to guess the retail price of the Wii U. It is currently accepting pre-orders for the device at 279.85, with an estimated RRP of 279.99. Both the black and white SKUs are available. It carries the following disclaimer: All information on this product page, …

MCV picks the games, platforms, people and services that made the Los Angeles show worthwhile… 1. WATCH OUT FOR UBIA new action adventure, Watch Dogs, closed Ubisoft’s press conference to much praise 2. GREAT BEYONDNintendo kicked off its press conference with a franchise. Microsoft kicked off its showcase with owned …

THQ has revealed that the latest in its recently sold UFC franchise had failed to break even. Gamasutra reports the publisher spoke to Wedbush Securities analyst Michael Pachter, revealing that two million units sold for UFC Undisputed 3 would have been the break-even point. The title has moved over 1.4m …

E3 has closed its doors, but don’t panic – everything you need to know about this year’s video games extravaganza is right here on MCVuk.com. Throughout the past week our teams at home and on the show floor in Los Angeles – not to mention our international crews at MCVpacific.com, …

California dreams of broadening the games audience were put on hold in LA this week – as all of the industry’s major players knuckled down on theircore titles. Turn any corner at the Los Angeles Convention Center and you would find format holders and third-parties wanting to reclaim and pander …