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

$15 million loss now expected to yield 35-40 percent gain next year with Xbox One launch

Mattrick gets former DeNA West CEO as executive wingman

Cutbacks are paying off at Social Giant as company approaches black

Microsoft has posted its first quarter financial results, reporting record revenue numbers for the period. The firm brought in $18.5bn in revenue for the three-month period ending on September 30th, a 16 per cent increase compared to the same period last year. Microsoft also saw overall net income of $5.24bn, …

Game4u will hold a midnight launch for Battlefield 4 at three of its stores. The midnight launch will be held at Game4u’s stores at Mega Mall in Mumbai, MGF Metropolis in Gurgaon, and MBD Neopolis in Ludhiana. Battlefield 4 for PC, PS3 and Xbox 360 releases on 1st November, and …

Games The Shop will hold a midnight launch for Assassin’s Creed 4: Black Flag in Mumbai. The midnight launch will be held at the retailers Oberoi Mall store. Preorder customers and those buying the game at the midnight launch will receive an exclusive Steelbook case. Games The Shop will also …

Former Jawfish creative director Tadhg Kelly has announced his appointment with Ouya. Games Industry reports that Kelly’s departure from the former mobile games company was due to Jawfish’s transition into the casino space. "Mobile has become incredibly difficult to crack without an immense bank balance because of the escalating costs …

Zynga has posted its latest quarterly earnings report, announcing a net loss of $68k on revenue of $203m – a 36 per cent decline from the same period last year. The social game company’s third quarter revenue was also down 12 per cent from the previous quarter, and daily active …

If you’re in the UK and in the market for a Wii, now is the time to act. Having confirmed that the machine is no longer being supplied to the Japanese market, Nintendo has now revealed that Europe too will not be receiving any further stock of the machine. Wii …

In the the latest edition of MCV, we reveal the rising superstars in the UK games industry. It is yet another issue rammed with news and features, Koch Media’s Klemens Kundratitz discusses the future of the growing publisher and HMV reveals its comeback plans. And that’s on top of all …