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

Capcom has lowered its net income predictions by nearly a third for the year ending March 31st. It had previously forecast 105,000m in net sales, 15,700m in ordinary income and 9,800m in net income. These numbers have been reduced to 93,500m, 10,000m and 9,500m respectively. The publisher admitted that while …

It’s the week before Christmas, the clock is slowly ticking towards your last working day (too slowly, in fact) and you have time to reflect on the past year. Are you where you want to be, or are you stuck in a rut? Are you earning enough? Have you taken …

Dev contest sparks Starcrossed's debut on Microsoft marketplace

Devil May Cry fans will have to head to GameStop if they want to get their hands on the Son of Sparda Edition of the upcoming reboot. Under a new deal between GameStop and Capcom, the SKU will only be available through GameStop, EB Games or Micromania in Europe and …

2 Player Productions’ upcoming documentary Minecraft: The Story of Mojang will premiere this weekend on Xbox Live. Major Nelson has announced Gold members in the US, UK, Ireland, Belgium, Portugal, France, Austria, Sweden, and Finland can catch the film in full on Saturday, December 22nd at 8 PM Eastern in …

Sony Online Entertainment president John Smedley has said that 70 per cent of the company’s revenues come from PS3. We have two operating free-to-play games on PS3 right now – DC Universe and Free Realms. So we’re uniquely placed having helped to build the PlayStation Network in the first place,” …

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Xbox Live’s first free-to-play title Happy Wars has amassed over 1.2m players worldwide since launch. Developer Toylogic announced the figure earlier this week, while simultaneously rolling out a new holiday-themed update for the title. The update is supposed to improve matchmaking and online stability as well. Happy Wars debuted in …

Just under 1,300 new backers pledge support for god game in less than a day as campaign goes to the wire

Financial services corporation Morgan Stanley has agreed to pay a $5m fine to settle charges that it improperly handled crucial information regarding Facebook’s earnings ahead of the social network company’s dreadful initial public offering. A Massachusetts securities regulator charged that Morgan Stanley coached Facebook on how to present lowered earnings …