Game industry business news

UK CHARTS: FIFA 09 is 2008’s Christmas No.1

EA has scored its sixth Christmas number on in eight years – FIFA 09 has claimed the top spot and trumped the favourite Call of Duty: World at War. Retailer promotions saw sales of FIFA 09 rocket by 89 per cent according to the weekly sales data from Gfk-ChartTrack. Call …

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2008 Review Part One

With 2008 drawing to a close, MCV looks back at the news that defined the last 12 months in the games industry. In Q1 we saw the demise of HD-DVD, Gordon Brown throw a menacing glare at gaming, trouble at SCi, confident predictions from Woolworths, high-profile departures and hires at …

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Now 1,000 will leave EA

Electronic Arts has announced further details of its recently-announced restructuring plan which will see a reduction in its global headcount. 1,000 staff – or around 10 per cent of the EA workforce – are to go as the publisher consolidates its development resources around the world. The new statement increases …

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HMV: We’ll introduce gaming to millions of new consumers

HMV could introduce gaming to ‘millions’ of new consumers, as the chain puts the finishing touches to its specialist games offer. At least that’s according to HMV Group CEO and UK and Ireland MD Simon Fox, who is delighted following the successful acquisition of Gamerbase and the launch of the …

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Deloitte details full Woolworths closure plans

Deloitte, the administrators looking after the shut down of Woolworths, has this morning sent out a list of all the stores and dating their closure. Stores across the UK start closing on December 27th, with the last stores closing on January 5th 2009. The full list is as follows: Aberdare27 …

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AWOMO hits public beta

Game Domain International has launched the public beta of its digital distribution platform AWOMO. The service, which boasts the ability to let players run triple-A PC titles direct from a web browser rather than having to wait to download them, has opened to the public with a free games offer. …

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Best Buy hunts UK employees

CVs AT the ready – US retail superpower Best Buy has confirmed to MCV that it is looking to recruit far and wide as the firm builds its business in the UK and Europe. In May, the American electronics giant announced a partnership with Carphone Warehouse to establish its brand …

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The Hut wins £5m investment boost

The Hut has received 5 million after winning Bank Of Scotland’s Entrepreneur Of The Year award. The annual award winner also receives mentoring from the UK’s top businessmen and entrepreneurs. CEO Matthew Moulding said: Winning the award feels very special. Starting from an idea on a piece of paper and …

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Italy to catch UK as Hypermarkets arrive

The Italian video game market has begun to approach the maturity of its European counterparts, France and the UK, as strong retail chains cash in on opportunities for growth. While the market has grown by almost 25 per cent over the course of 2008, it is still seen to be …

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The rise of The Hut

Could you tell us how TheHut.com started up?TheHut.com was formed in 2004 by Matthew Moulding and John Gallemore. They recognised the opportunity in online retailing and created the business on the back of that. As well as our retail site we also run a white label business. How does your …

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