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

As part of a restructuring effort, Sony has sold a percentage of its shares from medical marketing and research subsidiary M3. The firm still remains the majority shareholder after shedding six per cent of its stake in M3, accounting for 95,000 shares. The sale is expected to net Sony $1.23bn, …

Shares up 2.4 per cent in after-hours trading

Jonathan Blow, the creator of the award-winning Braid, has announced that his new game will debut on the PlayStation 4. The Witness is a first-person exploration-puzzle game set in an open-world that isn’t massive in size but is densely populated and packs in a ton of variety. Blow promised that …

Japanese mobile firm GungHo Online Entertainment is pulling in an estimated $2m a day on a single free-to-play title. Gamasutra reports the company’s Puzzle & Dragons looks to have taken Japan by storm, earning around $65m monthly from a registered user base topping 8m across iOS and Android versions. All …

Certain Playstation Network members have reported receiving $10 in store credit from Sony for their apparent loyalty. PSN users on Twitter and popular gaming forum Neogaf have claimed to receive the funds accompanied by this message: "Thank you for being a loyal customer and fan of the PlayStation Network. As …

In amongst a long list of impressive PlayStation Clould features laid out for the PS4 by Gaikai’s David Perry was one little detail that may turn many potential buyers off. While Perry said that cloud services on the PS4 would enable Sony to stream PS3 games to users, he also …

At the PlayStation 4 unveiling earlier today, Sucker Punch revealed the third game from its inFamous franchise. Titled inFamous: Second Son, the new game seems like a series reboot and features a new protagonist – Delsin Rowe, rather than Cole McGrath, who starred in the first two games. Surrounded by …

Motorstorm developer Evolution Studios has unveiled a new IP for the PlayStation 4, titled Driveclub. Driveclub is a social racing game the encourages players to come together to form clubs, drive in groups, and compete with others. While Motorstorm games were off-road and featured unlicensed cars, Driveclub features predominantly road/track …

First and third-party studios line up to show off early demos for Sony's new machine

Guerrilla Games took to the stage at Sony’s unveiling of the PlayStation 4 and revealed its new game – Killzone: Shadow Fall. Not repeating the mistake of showcasing its first PS3 game (Killzone 2) via a controversial CG trailer, Guerrilla showed off a stunning live gameplay demo of Shadow Fall …