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

Sales of video games consoles in 2012 fell 33.1 per cent year-on-year. Handheld sales dropped 31.3 per cent, despite the arrival of PlayStation Vita and 3DS XL. The portable sector is a market potentially hit by the booming sales of tablets and smartphones. Home console sales were down by 34.1 …

Fresh data this week suggests the worst: selling video games in the UK during 2012 was a storm of recession and poor momentum. Total software sales were down 17.6 per cent overall. Modest gains in digital sales, up 7.7 per cent to 552m, was not enough to cover the 26.4 …

The UK games industry is hoping for a brighter 2013 after last year’s software sales fell by almost 400m. 39.5m physical games were sold over the last 12 months, 15m fewer than in 2011. This generated 1bn, a drop of 26.4 per cent year-on-year. According to IHS?Screen Digest, UK?digital game …

Shares in global video games retailer GameStop fell seven per cent on news that Sony may be moving to block pre-owned games on the PS4. A patent was unearthed yesterday showing freshly filed tech that would see Sony consoles tagging game discs as used. Thus when they are put into …

It’s not a great start to 2013 for potential PS3 buyers in India. Sony has increased the price of the 500 GB PS3 console bundle from Rs 19,990 to Rs 22,990. In addition to the price rise, the previous bundle that included Gran Turismo 5 Academy Edition and Uncharted 3 …

Sales of Wii U hardware and software failed to meet expectations at leading US games retailer GameStop, an analyst has claimed. Sterne Agee analyst Arvind Bhatia claimed that the disappointment was despite an abundance” of stock, GameSpot reports. Software attach rates are also said to be low. Bhatia adds that …

Billionaire Ken Griffin eyes publisher in run-up to GTA V

Objection claims bankruptcy was 'orchestrated' to benefit executives and friends

GameStop shares drop five per cent

Publisher reshapes executive team with new COO, director of marketing and executive producer