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

Korea-based free-to-play publisher Nexon has reported fourth quarter and full year financial results for its 2013 fiscal year, revealing a growth in revenue during both periods. Total revenue for 2013 went up 43 per cent to 155.3bn yen, while operating income was up 7 per cent to 50.7bn yen. Net …

Xbox VP of EMEA Chris Lewis has announced he will retire from the company, MCV can reveal. Lewis is a 25-year veteran of Microsoft, joining the firm in 1989, and has led the Xbox business since it started and held various sales and marketing roles. He officially leaves in the …

EA’s browser-based MMO Lord of Ultima will shutdown this May, according to the publisher. No reason for the switch off was offered in an announcement posted on theLord of Ultima forums. The game’s servers will be pulled on Monday May 12th. Users should be aware that any purchased in-game currency …

Valve today added the ability for users to add tags to games listed in its Steam library. Want to hazard a guess as to what happened next? Well, PC Gamer notes that major plot points in games such as Final Fantasy VII and BioShock Infinite have been ruined while Supreme …

Albert Runsome claims developer copied his own game, CandySwipe, released in 2010

Worms creator bests Bossa, Future Games of London and more in developer competition

Developer opens up late-game stages for players to experience before it goes offline for good

CFO to replace current chief exec Seungwoo Choi by end of March

Valve working to improve discoverability on its digital store with user-created tags

UK publishing outfit Future suffers shrinking audience numbers across its gaming brands. The latest figures from publishing watchdog ABC reveal Edge’s digital edition saw the biggest growth of Future’s brands as its circulation rose by 68.7 per cent year-on-year for the period ending December 2013. Official PlayStation Magazine and Xbox: …