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

HP Inc has reached an agreement to acquire HyperX for $425 million.

In a report published by the Board of Los Angeles Convention and Tourism Development Commission, E3 2021 is listed as a "cancelled event."

Venture Capital fund Hiro Capital has made investments in three international game studios. 

"In an effort to further strengthen business operations, SIE can confirm PlayStation Studios Japan Studio will be re-organized into a new organization on April 1"

The game earned $1.2 billion in 2020 alone, a 122.4 per cent increase over 2019.

Non-mobile gaming grew by over 38 per cent in 2020

YoYo Games has announced that its popular 2D games engine, GameMaker Studio 2, will shortly launch support for next-gen consoles, with a date set of March 2021. The feature is currently in closed beta, but once launches will allow users to create titles for the devices. Of course, it’s possible …

“This investment will... provide us with the capital we require to grow, while preserving our autonomy."

2020 was the best year in Paradox's history, reporting a 39 per cent increase in revenue year-on-year, with revenues for the year amounting to SEK 1.8 billion.

Worldwide digital spending on digital games reached $11.6B in January, an increase of 15 per cent year-over-year.