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

According to the FICCI-KPMG Indian Media and Entertainment Industry Report 2012, the Indian games business was valued at 13bn Rupees ($259m) in 2011 – up 30 per cent. The market is expected to grow by 38 per cent to 18bn Rupees ($359m) in 2012 and to a staggering 46bn Rupees …

It may not have impressed critics, but Resident Evil: Operation Raccoon City has delivered the goods for Capcom at retail. Not that it was enough to stop Capcom posting some disappointing numbers. Revenues for the fiscal year ending March 31st were down 16 per cent at $1.02bn. Profits fell 13 …

IAP clampdown sheds vast sum from personal fortune of Japan's youngest billionaire

Both projects set for FY 2013

PC games platform continues to draw in more customers

'We are strong believers that console will return to strong growth', says Riccitiello

Marketplace accelerates to 1bn apps per month, Google claims

Buyers must commit to a 24-month Xbox Live Gold subscription

505 Games is back at the top this week with Sniper Elite V2 debuting at No.1 on the UKIE GfK Chart-Track All Formats Top 40 this week. The game, developed by UK super-studio Rebellion, is the publisher’s first No.1 since is hugely successful Zumba Fitness dominated the listings last year. …

Electronic Arts chief downplays loss; Publisher previously denied loss