MCV/DEVELOP News, events, research and jobs from the games industry
Warner Bros Interactive Entertainment subsidiary TT Games has acquired UK mobile games company Playdemic to help bring new kinds of LEGO titles to smartphones. The Manchester-based studio has previously been responsible for mobile titles such as Golf Clash and Village Life, with the former becoming a top grossing title in …
Read More »Former Sony London Studio head David Ranyard forms new VR studio
Former Sony London Studio head David Ranyard has formed a new, independent VR studio, Dream Reality Interactive.Based in Farringdon, London, the studio will focus on the development of virtual reality games and experiences. Ranyard, who has previously worked on titles including Singstar, Wonderbook: Book of Spells and VR Worlds for …
Read More »Time Warner video game revenue ‘flat’ for 2016
Time Warner has released its Q4 financial earnings for the full year ended December 31st 2016. While the company’s overall revenue increased 4 per cent to $29.3bn, its video game revenue was "essentially flat", hitting $13bn. Theatrical and television revenues were higher this year, says Time Warner, but this figure …
Read More »E3 to open its doors to the public for the first time ever
E3 is to open its doors to the public for the first time in its 22-year history, event organisers the Entertainment Software Association (ESA) announced today. 15,000 tickets will be available for the event, with tickets going on sale on Monday February 13th. Tickets will be priced at $250, but …
Read More »Milwaukee bans geotagging AR locations in county parks without a permit
Thousands of dollars worth of damage caused in Milkwaukee's Lake Park blamed on Pokémon Go
Read More »Final Fantasy 15 dev costs broke even on Day One after just 5m units
Director Hajima Tabata has revealed that Final Fantasy XV broke even after just one day on shop shelves. According to DualShockers, who visited Square Enix in Tokyo, Tabata said the 5m units Final Fantasy XV sold on Day One was enough to cover the game’s entire development costs. The game …
Read More »Nintendo’s Kimishima says 3DS will ‘co-exist’ with Switch
Nintendo has once again stated that the 3DS has a long life ahead of it, despite the company’s upcoming Switch launch. Nintendo president Tatsumi Kimishima told investors at a Q&A meeting that he believes the 3DS can continue to "co-exist" with the Switch for the foreseeable future. "Nintendo 3DS is …
Read More »Nintendo to release 2-3 mobile games per year
Nintendo president Tatsumi Kimishima has revealed more details about Nintendo’s future mobile strategy, stating the company plans to release multiple games each year going forward. Speaking at an investor Q&A session, Kimishima said: "We plan to continue releasing two to three titles per year that consumers can enjoy as Nintendo’s …
Read More »Take-Two net revenue up 15% for fiscal Q3
Take-Two once again saw better than expected results for the quarter ending December 31st. The 2K Games and Rockstar parent firm reports net revenue rising 15 per cent to $476.5m, thanks to GTA V, Grand Theft Auto Online, WWE 2K17, NBA 2K17 and Civilization VI. Meanwhile digital revenue soared 64 …
Read More »Physical game sales drive Sega profits for 2016
Sega has released its consolidated results for the nine months ended December 31st 2016, and its sales and profits are both up year-on-year. Net sales rose by 16.6 per cent to 285.7bn (2.05bn) year-on-year, while profits increased by 462.1 per cent to 36.5bn (262m). As for Sega’s Entertainment Contents Business, …
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