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

Sales at online retail specialist The Hut Group grew by 30.4 per cent year-on-year to 145.3m for the 12 months ending December 21st 2012. Earnings jumped 130 per cent to 10.1m. Other highlights for the year included the successful construction of a new data warehouse that deepens customer insight” and …

The Xbox 360’s iron grip on the North American market has finally been released. Joystiq reports that the latest numbers from NPD show that, despite flat sales, Nintendo’s 3DS was the best selling hardware in North America in May. That it beat Microsoft’s machine means that Xbox 360 must have …

Salford studio also aims to expand Chimpact franchise with new titles and merchandise

Free-to-play Xbox One fighter Killer Instinct won’t have an expansive character roster. And rightly so, argues Microsoft. "Most fighting games that come out are disc based games where you get a huge cast of awesome characters, but it is a massive cast," Microsoft producer Torin Rettig told Polygon. "Some games …

The Witcher developer CD Projekt Red has opened a new studio in Krakow, Poland, according to a job listing on the site. Adam Badowski, head of CD Projekt RED, gave sister siteDevelopthe following comment: This July, we are opening an office in Krakw. As we informed in our strategy outlook …

It sounds like PC gamers may face a bit of a wait for true next-gen FIFA to be released on PC. The publisher disappointed the PC market when it confirmed that while the new Ignite engine will be used to power the Xbox One and PS4 versions of the game, …

Essential Facts infographic shows rise in age and diversity of gamers

Virtual reality startup Oculus has attracted Series A funding of $16m to back the headline-grabbing Oculus Rift. The fund-raising endeavour was led by Spark Capital and Matrix Partners. Santo Politi and Antonio Rodriguez, execs at the respective firms, have now also joined the Oculus board of directors. The company says …

Specialist doesn't expect PS4 and Xbox One to simplify AI production challenges

Xbox boss Don Mattrick has argued that, even at 429, the Xbox One is over-delivering value”. "It’s a lower number than some of the analysts had forecasted," Mattrick told Bloomberg TV (as spotted by Joystiq) of the machine’s RRP. "We’re over-delivering value against other choices, I think, consumers can get. …