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

'Us and the Game Industry' makes $7k with three days left to reach $20k goal

Publishers Codemasters, Konami and 1C have weighed in on the trouble engulfing GAME. Firms hope the ‘shake-up’ could be for the good of the industry, and that GAME will re-emerge a fitter, leaner enterprise. Konami’s UK General Manager Pete Stone told MCV: "One way or another it’s crunch time for …

With a firm offer from OpCapita to acquire GAME Group understood to be on the table, one analyst has questioned the motivations behind the potential deal. Highlighting the fact that HMV is lucky to have decent assets to sell” and suppliers that have rallied around them”, independent analyst Nick Bubb …

Steam rival now tallies up thirty-five partners

GAME’s share price has begun to rise dramatically with investors sensing a strong recovery over the next 24 hours. Stock is currently trading at 3.20p, an increase of over 50 per cent. It even reached as high as 3.7p in the minutes after the markets opened. Earlier this week the …

Rival retailers say they are ready to step up as the credit crisis at GAME Group deepens. But these competitors are not celebrating, with leading outlets fearful of what the loss of their ‘gold-standard market leader’ will mean for the future of UK games retail. Retailers such as ShopTo have …

Public gives green light for sequel to 1988 RPG

Richard Brasher, the UK chief executive at Tesco, has stepped down as the market leading retailer struggles to turn around its domestic sales. Britain’s biggest outlet issued its first profit warning in 20 years earlier this year. Tesco’s Group CEO Philip Clark will now take over the running of the …

The upcoming Limited Edition Star Wars themed Xbox 360 hardware SKU will not be stocked at GAME, MCV can reveal. News broke just moments ago that both Microsoft and Activision have joined Sega, Capcom, Nintendo and Tecmo Koei in refusing to sell stock to GAME Group stores. MCV has learned …

Some will say that the image with this OpEd – which also adorns our cover this week – is too much, too soon. But even after a dramatic Wednesday that saw a buyer officially enter the frame and rumours mount that another US firm is sniffing around… I think we …