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

As reported by MCV this morning, j2 Global subsidiary Ziff Davis has acquired IGN Entertainment from owner News Corp. Ziff Davis now houses brands such as 1UP.com, AskMen.com, PCMAG.com, Geek.com, Toolbox.com and UGO.com. Adding IGN positions it as one of the world’s largest digital publishers spanning some 53m monthly users …

Future PLC has announced digital revenue growth of 24 per cent for its most recent financial quarter. Overall group revenues were down three per cent, although the UK outperformed this with revenues falling just one per cent. Furthermore, Future’s US operations remain on track for profitability in 2013, despite further …

Social network aiming to diversify offerings for all markets, says Sean Ryan

Producer admits inundating the market has tarnished the franchise

Pre-tax profits rise to £58 million as Minecraft continues to enjoy huge success

It’s been a good for the first three quarters of Capcom’s financial year despite what the company itself describes as the failure” of Resident Evil 6. Net sales for the period ending December 31st 2012 soared 44.6 per cent at 72,699m while operating income jumped 45.9 per cent to 9,838m. …

Thomas Was Alone creator quits to work on own projects

Troubled retailer HMV has sold its shares in nightclub chain G-A-Y Limited, administrator Deloitte has confirmed. G-A-Y founder and fellow shareholder Jeremy Joseph has moved to acquire a majority shareholding. "We are pleased to have completed the sale of HMV’s shareholding in G-A-Y to the natural purchaser of this stake …

The lead administrator at Blockbuster has issues a grave warning to workers at the retailer. Lee Manning told The Telegraph that 160 Blockbuster stores are likely to close in the near future, threatening 1,000 jobs. Blockbuster operated over 500 stores in the UK although over 100 have closed since administration …

Full production for tiny console gets the greenlight