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

Japanese publisher Square Enix believes it is on track to see an increase in both net sales and net income for the current financial year. That’s despite posting an operating loss of 1,163m for the three months ending June 2012, which is down from the 2,178m profit posted in the …

Parody Twitter account @petermolydeux has upped its game. Not content with playing a part in Peter Molyneux’s real-life departure from Lionhead and Microsoft, the prankster has now gone live with a video that reveals the real reason why the legendary UK developer went solo. This is a rough video edit …

Amazon has announced its entry into the game development space. The company revealed its new game development studio Amazon Game Studios earlier today, adding that the team has already launched its first effort—a Facebook game entitled Living Classics. The hidden object game, set in a variety of classic fairytales and …

Hidden in Valve’s Source Filmmaker are files that point to a next generation Source 2 engine, perhaps providing a reasonable explanation for why the company has yet to produce Half-Life 3. Valvetime.net uncovered files that carry several lines of code reference to ‘Source 2′, suggesting the studio is working on …

THQ has announced financial results for its past quarter, with the troubled publisher reporting a profitable period following heavy restructuring. Net income for the company’s Q1 FY2013 came in at $15m, according to THQ’s report. Total sales were down year over year at $133.7m compared to 195.2m in 2011, but …

Sony has announced PS3 Collections, a line-up of first-party PS3 game bundles that combines multiple games from a franchise in one package, along with some added content. The first three titles for the PS3 Collections line-up are the Ratchet & Clank Collection, the Infamous Collection and the God of War …

Rights for Lovecraftian horror game returned to sender

Good quarter for troubled publisher following massive restructure

Windows GM Brian Hall lets slip that console is coming in wave of new products

US developer assures users it will not close down Cafe World