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

The latest player in the streaming market has secured $4m in funding. Vienna-based Hitbox raised this in a new round of investment which will help it expand its North American operation and worldwide reach. This funding was led by Austrian venture capital firm SpeedInvest, with publisher Wargaming, North Base Media, …

Market analyst IHS Technology has questioned the long-term benefits of Activision Blizzard’s acquisition of Candy Crush firm King. The Call of Duty, Warcraft and Destiny publisher announced its plans to purchase the mobile giant for $5.9 billion earlier today. IHS director and head of gamesPiers Harding-Rollssuggested that the move was …

Up and coming game development talent take centre stage in new video

The long-awaited transfer update for PES 2016 that arrived last week is missing a number of key transfers. Players were already grumpy about having to wait for a month after launch for Konami to finally update the rosters to reflect all changes up to the end of the transfer window. …

More than 20 staff lose jobs after LA studio closure

Meet the accelerator and investor in London at November 12th event

Online retail is trying to muscle its way into the midnight launch market. Traditionally gamers who feel they must get their hands on a game the very moment it’s released instead of nine hours later when the shops open can either queue up in the dark and cold for a …

Konami has reportedly closed the LA-based development studio responsible for Metal Gear Online. That’s according to Eurogamer, who says that ‘sources close to the matter’ have confirmed that the developer has been shut, with 20 jobs lost as a result. Prior to the game outlet’s confirmation, 3D Realms co-founder George …

Acqusition expected to be completed by spring 2016

Two of the biggest names in games are to become one. Activision Blizzard has announced that it will purchase Candy Crush firm King for $5.9 billion (3.8bn), in a deal unanimously approved by both boards. The sum works out to a value of $18 (11.67) per share for the latter …