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

Take-Two has released its financial report for the first quarter in its FY 2013. According to the report, losses were heavy for the period coming in at $110.8m compared to just $8.6m from the same quarter a year ago. Lower than anticipated sales for Max Payne 3 and Spec Ops: …

EA has announced its financial results for the prior quarter ending on June 30th, with reports and figures revealed for Battlefield 3 Premium, Origin, and more. Total net revenue (non-GAAP) for the company dropped to $491m compared with $524m earned in the same quarter last year according to the financial …

Over 50 titles will be on sale as part of the PlayStation Store’s Summer Sale, which kicks off today. The sale will go on until 5th September and will cover full Blu-ray games, PSN titles, PS3 DLC, PS One Classics, PSP games and minis. While the complete list of games …

EA and Bioware have announced MMO Star Wars: The Old Republic will be making the switch to the free to play model later this year. Some notable restrictions apply to what players get free access to in the game. Characters are capped at level 50, and those unwilling to pay …

Mainstream exposure for open operating system a mixed bag, says GNU founder Richard Stallman

Paid-for service garners $65m for EA

Digital growth offset by decline in physical sales

Freemium model to be offered alongside subscriptions

Former Yahoo exec to take up new position in September

The We R Interactive CTO offers his advice on which tools are right for you