New chairman appointed at The Hut Group

The Hut Group has announced that Richard Pennycook has been appointed chairman of the online retail business. Currently non-executive independent director of the group, Pennycook will take the position on April 1st as the current chairman, Angus Monro, stands down. The Hut Group chief executive Matthew Moulding said: Angus has …

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Nvidia announces support for AMD-powered PS4

Nvidia today announced that its PhysX and APEX technologies will be supported on the PS4, which Sony announced in February. Nvidia and AMD’s war for dominance of the PC platform has been as fiercely fought and well documented as Sony and Microsoft’s in the console space, so it’s interesting to …

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Sony: We need more UK games retailers

The UK games industry needs to increase its retail base before the next gen consoles, says Sony. The firm told MCV it hopes the PS4 can provide the ‘kick in the market’ that the High Street is crying out for. And encourages existing specialists to expand its store count and …

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February sales plunge as blockbusters fail to shine

UK games execs were left scratching their heads last month after a string of big budget action games failed to lift games retail out of the gloom. Last month UK games stores sold 1,854,954 games, a drop of 19.9% over February 2012. And that’s despite big name releases including Dead …

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