MCV/DEVELOP News, events, research and jobs from the games industry
Take Two’s pre-market stock valuation enjoyed a huge 46.9 per cent increase this morning, following news of EA’s bid for the firm . Shares of Take Two rose to $25.50, up from Friday’s Nasdaq close of $17.36. MCV broke the news of EA’s bid yesterday, which totalled $1.9 billion. Optimism …
Read More »Take Two: EA offer was inadequate
Take-Two decided EA’s $2bn offer was "Not in the best interests of its stockholders” and rejected the bid. We believe EA’s unsolicited offer is highly opportunistic and is attempting to take advantage of our upcoming release of Grand Theft Auto IV, one of the most valuable and durable franchises in …
Read More »Riccitiello: EAs review scores are unacceptable
In a recent meeting with Wall Street analysts, EA boss John Riccitiello has stated that the company’s dropping average review score is the most important problem facing the firm. Reuters reports much of Ricitiello’s presentation concerned review aggregation site Metacritic, whose average score for EA’s software in 2007 fell from …
Read More »The trend that won’t go away
Nu-Rave has passed us by without a single raised eyebrow, and we clearly cannot pull off that skinny jeans look. Although to be fair, we’re no strangers to the rising popularity of crystal meth. It’s pretty moreish. Another, more sensible trend we can boast decent knowledge of is the games …
Read More »US: High-end PS3 sales match low-spec machines
Following a strong sales period in the US that has seen the $500 80GB PS3 sell just as many units as the lower spec $400 40GB model, SCEA’s Scott Steinberg has stated that the perceived value of the machine means a price cut may not be necessary. Speaking to Reuters, …
Read More »Dave Jones unveils APB
GDC08 DESIGN KEYNOTE: GTA and Crackdown creator details customisation and 'players as content' ethos of new online game
Read More »IN-GAME ADVERTISING
When mcvuk.com reported that Sony’s Howard Stringer and Activision’s Bobby Kotick had questioned whether video games could ever be fully sustained by in-game advertising last month, many saw it as a slight on the state of the market. But the fact two globally leading bosses were willing to talk openly …
Read More »What now for SCI?
Capital raising The first priority for Eidos is to fill the working capital hole that has been identified. The company has announced that it has received proposals from potential partners, and analysts have speculated that this might be a corporate investor. SCi will report on the working capital situation, and …
Read More »EA signs Starbreeze for classic franchise revamp
GDC08: EA Partners signs Swedish studio for PC, PS3 and 360 title
Read More »EA resurrects classic franchise
EA Partners has teamed up with The Darkness developers Starbreeze Studios to reinvent one of the publisher’s classic franchises. The title, with the internal code name Project RedLime, is being developed for PS3, Xbox 360 and PC. EA Partners is thrilled to hand over the keys to one of EA’s …
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