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

Little Orbit and Cartoon Network have announced they will be bringing new titles to gaming consoles and handheld devices this year. The duo will be releasing two new games. One will be based on Adventure Time while the other is set to feature a number of characters from Cartoon Network’s …

Notable names in UK games development express their joy in 140 characters or less

Global games retailer GameStop has reported a like-for-like sales increase of 7.8 per cent for the quarter ending February 1st. Sales for period grew from $3.56bn last year to $3.68bn, although this was short of the $3.79bn consensus estimate. Earnings fell from $261.1m last year to $220.5m. For the full …

TIGA CEO Richard Wilson outlines the key info and immediate next steps for games businesses across the UK

The journey to finally get the tax production credits scheme in place for the games industry has been a long and sometimes rocky one. But this week, the industry had confirmation from the European Commission that, after a year of investigating whether there truly was a market failure for games …

Oculus CEO Brendan Iribe has said that it was never the plan to sell the company. Despite this, so convinced were he and fellow co-founder Palmer Luckey that the actual deal that saw Facebook acquire the firm for $2bn was wrapped up in just 72 hours. We got the deal …

Writing exclusively for Develop, CEO Jo Twist hails the long-awaited arrival of video games tax credits for British developers

TIGA and UKIE react to news of tax breaks approval

The biggest names in UK games development have told MCV that they’re overjoyed that the European Commission has rubberstamped tax breaks for UK studios. But they warn the hard work must begin now to prove they are worth the investment from the UK Government. Tax breaks for UK games developers …

Tax breaks for the UK video games industry are happening. The ‘will they won’t they?’ saga that has rumbled on for years has now been green lit, as previously confirmed by MCV last week. The European Commission has concluded that UK plans to grant certain tax relief to producers of …