MCV/DEVELOP News, events, research and jobs from the games industry

Lumo Labs 'preyed on consumers' fears about age-related cognitive decline', according to FTC

Unsurprising, Adele’s 25 album was the UK’s biggest entertainment product of 2015 with 2.6m sales, according to retail trade body ERA. But it was very close between the smash hit album and the video game FIFA 16. FIFA 16 sold over 2.5m units, and was on sale for a much …

Forget yesterday’s GfK Chart-Track figures, UK game revenue actually grew by 10 per cent last year. Sales of physical disc-based games dropped 2.2 per cent in revenue year-on-year to 927.6m. But according to IHS estimates, digital game revenue was up 17.1 per cent last year, rising from 1.622bn to 1.899bn …

The prospect of cloud gaming has been dealt another blow. Square Enix opened its cloud-focused division Shinra Technologies – named after the eponymous company in Final Fantasy VII – back in September 2014, with former Square president Yoichi Wada taking the reins. Among the firm’s aims was the creation of …

Metal Gear Solid creator to be handed award by former Silent Hills collaborator Guillermo del Toro

Just shy of 7,000 people to receive free headset

Virtual reality is almost upon us now, and research firm SuperData reckons that the market for the new tech will reach $5.1bn (3.5bn) by the end of the year. That’s according to the company’s ‘Virtual Reality Market Brief‘, which also predicts that the install base of VR in 2016 would …

Lack of investment blamed for death of subsidiary opened in late 2014

Major League Gaming, a professional eSports organization,announced on Mondaythat it was acquired by video game publisher Activision Blizzard for a reported $46m, bringing MLG’s assets and infrastructure under Activision Blizzard’s Media Network. This is the latest event in a timeline that begins on 21 October, when the publisher announced it …

‘Big technology breakthrough’ blends physical and virtual reality