Game development news

Midway revenues up, but losses increase

Midway has revealed its financial results for the three month period ended March 31st, as well as providing earnings guidance for the second quarter, Net revenues for the 2008 first quarter were $29.9 million, compared to the 2007 first quarter net revenues of $11.1 million and ahead of prior guidance …

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UK retail prepares for ‘manic’ GTA weekend

Leading UK retailers have told MCV that extra GTA IV stock is being hurriedly pushed into stores in order to cope with the ‘manic’ demand expected this weekend. However, the channel has admitted that the title is still expected to sell out on PS3 and 360 by Saturday lunchtime. Head …

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Iwata Speaks

After the recent close of Nintendo's financial year - during which the company detailed record revenues thanks to the DS and Wii - president Satoru Iwata took time to answer investors' questions on the future of the games market. Here, we've picked out the highlights relevant to games developmentâ?¦

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