MCV/DEVELOP News, events, research and jobs from the games industry
A company called Blueshore Global Equity has today acquired 29m GAME Group shares, giving it an 8.35 per cent stake in the retailer and limited voting rights. Blueshore, a global equity fund based in New Jersey, was founded in 2006 by Harsha Gowda. It specialises in equity and pooled investment …
Read More »Resident Evil 6 pre-orders smash series records
Pre-orders for this November’s Resident Evil 6 has surpassed the performance of all previous entries in the popular franchise. The game was announced back in January with a surprise reveal trailer and Capcom reports that fans have flocked to stores to secure a copy. "The pre-orders for Resident Evil 6 …
Read More »GAME not stocking Resident Evil: Operation Raccoon City
Capcom’s upcoming release Resident Evil: Operation Raccoon City will not be sold at GAME or Gamestation, MCV can confirm. The game is due for release in the UK on March 23rd. It follows in the footsteps of fellow Capcom releases Street Fighter X Tekken and Asura’s Wrath, which were also …
Read More »Hilco and OpCapita linked to GAME acquisition
As stated by MCV yesterday, the widespread belief that GameStop will swoop to acquire part or all of GAME could yet prove wide of the mark. Although GameStop can still confidently be regarded as the front-runner, The Financial Times has named two other would-be suitors – Hilco and OpCapita. Hilco …
Read More »GAME stock the centre of huge Monday activity
Retailer The GAME Group is at the centre of some feverous stock market activity today as its day or reckoning rapidly approaches. At the time of writing some 245,717,152 GAME shares have been traded in the last 24 hours. This compares to an average daily trade volume of just 10.9m …
Read More »UPDATE: GAME.co.uk "down for maintenance"
The websites for both GAME and Gamestation have this morning been taken down. GAME.co.uk is down for maintenance,” a message on the site currently reads. We apologise for any inconvenience this may cause.We hope to be back up and running very soon. If you require assistance with an existing order …
Read More »FEATURE: Toy Views
More than 384 million toys were sold during 2011, with the total market up three per cent year-on-year to 2.96 billion. The editor of MCV’s sister publication ToyNews, Samantha Loveday, gives us an overview of the business… IS THE toy industry really recession proof?” is a question I’ve been asked …
Read More »900k sales for Mass Effect 3 in first 24 hours
EA has confirmed that it sold 900k copies of BioWare RPG Mass Effect 3 during its first 24 hours of availability. That’s a US sales figure. We don’t know the UK sales figure, but with the game shooting straight to the top of the listings – and breaking the combined …
Read More »Mass Effect 3 sales reinforce Riccitiello’s chilling GAME warning
Today’s success of Mass Effect 3 in the UK charts may be great news for the industry, but it’s a bad sign for troubled retailer GAME. Had the game failed to hit expectations, perhaps missed No.1 or fallen below the week one sales number of its predecessor, EA would this …
Read More »GAME stock plummets below 1p
It’s a sorry Monday morning for beleaguered retailer GAME today with stock in the company dropping to an all-time low. Having closed on Friday evening at an already rock-bottom 3.51p per share, GAME’s stock opened Monday morning on a bewilderingly low 1.75p. In the minutes that followed it fell as …
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