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

THQ has announced financial results from its fiscal 2012 and Q4 2012. For Q4 total sales for the company reached $184.2m, up from $124.2m during the same period last year. Net losses during the fourth quarter increased to $53.2m from $44.1m last year. Full FY 2012 results show total sales …

The potential collapse of Rhode Island-based MMO developer 38 Studios could force state taxpayers into repaying private investors $112.6m through 2020. WPRI reports that the Rhode Island Economic Development Corporation borrowed $75m for 38 Studios from private investors with interest rates between 6 and 7.75 per cent. The developer was …

Baseball star Curt Schilling's studio defaults, but has not asked state to provide funding

Publisher in talks with third parties about the title

Company hemorrhages $239m this year, but operating expenses down for the quarter

CEO Yves Guillemot provides guidance for the coming year

Q4 earnings down, but French publisher's sales up for the year

Risk to voters may spell doom for state-backed incentives for industry

French publishing giant Ubisoft has posted full-year profits of €37.3m (29.7m) for the twelve months ended March 31st, 2012. The company racked up€1.06bn (845m)in sales, up from the €1.04bn (828m) taken in the previous financial year. Its current operating income came in at €56m (44.6m). Ubisoft attributed its success to …

Smartphone and computer giant has made $112m offer, reports suggest