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

LGC12: Big Picture mode garners 500,000 subscribers while Steam Workshop attracts 106 million community contributions

Credit ratings agency Fitch has downgraded Sony’s credit rating from triple B minus to double B minus – a three notch downgrade. Fitch’s ratings guide lists double B ratings as indicating that companies are vulnerable to defaulting on debt over time, but have sufficient flexibility for now to keep servicing …

The first game from Sony’s latest foray into augmented reality gaming – Wonderbook: Book of Spells, is in stores now for PS3. This week’s other big release – Hitman: Absolution, however, is witnessing a bit of a staggered release. Sony is betting big on the interactive story-telling space with Wonderbook …

LGC12: Microsoft calls on developers to take opportunity and get noticed before numbers rise considerably

The Metal Gear Solid 4: Guns of the Patriots 25th Anniversary Edition will be in stores across India in early December, distributorOrigin Games has announced. If you already own a copy of the game, there’s some incentive to pick up the Anniversary Edition. Firstly, while the original game had a …

LGC12: League of Legends user numbers competing with the likes of Modern Warfare 3 three years after release

Gem is running another duo of deals this week for independent retailers. Indies who order a Kinect before November 30th will receive special pricing on the following games – Dance Central 2, Kinect Star Wars, The Gunstringer, Kinect Sports Season 2, Kinect Sports or Dance Central. Meanwhile, if stores order …

LGC12: Steam is 'an incredible growth platform', says John Clark

This week’s MCV isnow available to view online – and it features a detailed analysis of Call of Duty’s launch sales performance. We also go behind the scenes at the game’s midnight launch at HMV. And there’s a full interview with the president of 2K Games, Christoph Hartmann. We’ve listed …

LGC12: Customers that spend $1 are three times more likely to spend extra money