MCV/DEVELOP News, events, research and jobs from the games industry
Japanese publisher and developer Capcom has revealed that net income for the nine months ending December 31st 2008 fell a massive 95 per cent to YEN 179m, down from the YEN 3.97bn in the same period the year before. Sales decreased by 8.6 per cent, reaching YEN 47,223m. Operating income …
Read More »THQ cuts 600 jobs as Q3 losses hit $191.8m
THQ is to cut 600 jobs after posting a $191.8m loss for its Q3. Revenue fell 30 per cent to 357 million in the three months to December 31st. The company reported a profit of $15.5 million for the period in the previous year. The 600 job losses will come …
Read More »amBX captures PS3 deal
Special effects hardware firm amBX this week took a step closer to wider acceptance after signing up as a tools provider for the PlayStation 3. The agreement with Sony Computer Entertainment means that amBX – which recently spun out of Philips via VC funding – can develop its light, sound …
Read More »Hawx dated for March
French publisher Ubisoft has announced that its upcoming Tom Clancy flight-sim Hawx will hit shelves on March 6th for PlayStation 3 and Xbox 360. PC gamers will have to wait a week until March 13th, just two weeks after Tom Clancy: End War gets its release on the format, which …
Read More »Warner unveils new Lego titles
TT Games and Warner Bros are set to release a trio of new strategy-based Lego DS games, entitled Lego Battles. The new titles are due for release in the summer, and are based on the themes Lego Pirates, Lego Space and Lego Pirates. Lego Battles offers players the action-packed and …
Read More »Rockstar reveals Red Dead Redemption
Rockstar Games has finally answered the long-running rumours of a sequel to Red Dead Revolver by confirming that the title is indeed in the works and is due for release this autumn. Red Dead Redemption is being developed for Xbox 360 and PS3 by Rockstar San Diego, the studio behind …
Read More »GameFly purchases Shacknews
Online rental service GameFly has acquired the independent video games site Shacknews. The deal covers all of Shacknews’ related destinations, granting GameFly control over various websites and services including FileShack, a popular downloads site. GameFly has pledged to retain the current Shacknews staff and ethos, as well as improving the …
Read More »Are revenues coming at the expense of profits?
Looking at the sales numbers it is clear that the industry showed significant growth and most public game companies have been reporting strong revenue increases. Of course, with market conditions as they are, this growth has not translated into increased investor value. In the latest issue of the DFC Dossier, …
Read More »EA: Casual gaming to be big news in 2009
North American games publisher EA has pledged to make casual and family gaming a big part of its reinvention roadmap following some disappointing financial results for the firm’s last three months of 2008. It’s online games portal POGO is currently riding high with record subscribers of 1.7m, and EA Mobile …
Read More »EA: The Sims 3 delayed until June
US publisher EA has announced as part of its Q3 financial results that it is to delay the release of its upcoming The Sims 3 from February 20th to June 3rd. EA boss John Riccitiello said of the decision: We’re moving this title to June 3rd to give us additional …
Read More »