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

Wii U fell just short of Nintendo’s already reduced sales forecasts in Nintendo’s last financial year, leading to a third straight annual loss for the firm. In 2010 Nintendo posted its first ever annual loss, but a repeat in 2013 and yet again in its most recent year makes for …

Microsoft Xbox Entertainment Studios is reportedly in deep negotiations” with cable television network Showtime to create a live-action Halo drama series. Variety reports the two companies are close to a deal,” with the current hangup apparently revolving around how the series would be aired between Showtime’s network and Microsoft’s Xbox …

Oculus VR’s future plans include the possibility of an MMO that would simultaneously support 1bn players, CEO Brendan Iribe revealed during technology conference TechCrunch Disrupt NY 2014. The unbelievable number is only possible, Iribe explains, thanks to the company’s recent $2bn Facebook deal – though the executive admits the technology …

Valve has removed Steam Early Access title Earth: Year 2066 from the Steam store, offering refunds to anyone who purchased the title for a limited time. The pulling comes following mounting criticism that the title was released in a disastrous state – with the game being repeatedly labeled as broken,” …

The New Star Games developer gets the rapid-fire question treatment

2003 rhythm action title Amplitude could be the subject of an HD remake if a new Kickstarter from Harmonix is successful. The Rock Band and Dance Central developer is looking for $775k to fund the PS4 and PS3 title, of which it has raised $143k with 17 days left to …

Further changes at Last of Us developer as Jonathan Cooper takes animation role

Studio to expand team of eight as it ramps up work on its next game

The UK games market plunged to its lowest figure all year last month as the number of new releases slowed dramatically. Only 7.9m was made in revenue for the week ending April 26th – a fall of 34 per cent week-on-week – according to GfK Chart-Track. The biggest launches of …

Former members of now defunct PR agency Lunch have formed a new company – Lick PR. The firm is made up of team director Lucy Starvis, account manager Ian Dickson, account executive Colette Barr and MD Kat Osman. Based in Central London, the game, technology and event PR agency was …