Game industry business news

MCV Awards 2010: April 22nd date set

The countdown to next year’s MCV Awards has begun – with date, venue and categories announced. Over 600 retailers and execs from all sectors of the business will attend what is the single biggest and most prestigious event on the UK games industry calendar. Sponsors already include Nintendo, Codemasters and …

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Nintendo frustrated by GTA sales

Having stoically toed the positive PR line until now, DS platform holder Nintendo has for the first time openly admitted that Rockstar’s critically successful Grand Theft Auto: Chinatown Wars has failed to perform as it would have liked. It’s frustrating, quite frankly,” NoA’s executive VP of sales and marketing Cammie …

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Riccitiello: Bad press affecting EA stock

Electronic Arts boss John Riccitiello has claimed negative press contributed to recent slumps in the publisher’s stock. Speaking to Industry Gamers, the CEO went on to describe how coverage of the firm’s Q2 and first half results has also been damaged employee morale. A lot of negative articles were written …

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Head closes down

Entertainment retail chain Head is closing its four stores less than a year after being on the UK High Street. The business was set up by Simon Douglas – former CEO of defunct retailer Zavvi and MD of Virgin Megastores. According to Retail Week, both Leeds and Dundee stores are …

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DS breaks UK games console sales record

Nintendo DS has become the biggest-selling games hardware in UK chart history, surpassing 10 million units sold, MCV can reveal. The device hit the milestone in week 47 of this year according to GfK-ChartTrack data, taking it past the record held by Sony’s PS2. UK unit sales of PS2 stand …

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New Transformers game rolls out

The latest issue of US games mag Game Informer has revealed that Activision will next year release a brand new game based on the cherished kids’ franchise Transformers. While the series’ recent Hollywood rebirth has brought with it two commercially successful video games, you have to go all the way …

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APB creator: Tax snub will push UK business abroad

British studios will look abroad when expanding their business in future – after seeing hopes for a tax credit dashed by today’s Pre-Budget Report. That’s according to Realtime Worlds – one of Scotland’s foremost developers and the creator of hugely anticipated MMO APB. Chancellor Alistair Darling today failed to mention …

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