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

Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today. Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start …

The latest issue of MCV has named the 100 most influential games industry executives. The inaugural MCV Brit List features men and women from all different disciplines supporting UK video game businesses. It also names a handful of the famous Brits flying the flag for UK creativity and intelligence on …

At long, long last UK video games tax breaks are upon us, but who is it precisely that qualifies? The draft legislation calls the relief a ‘tax relief for video game development’. The legislation does not define the term ‘video game’ and the intention behind this was to avoid including …

Claims can be made for production from April 1st 2014

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 …