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

US investment fund specialist Blueshore Global Equity has told MCV that it believes retailer GAME is a tremendous investment prospect – even if it does enter administration. Blueshore recently acquired an eight per cent stake in GAME Group and tonight told MCV that the market is failing to recognise the …

Social games company hopes to avoid 'lockup selloff'

Event draws inspiration from spoof account's game design concepts

Investors believe that Walmart is prepared to offer 12p per share to buyout GAME Group. News of Walmart’s approach to GAME was revealed exclusively by MCV this afternoon. As recently as Monday, GAME shares plunged to an all-time low of just 0.5p. However, rumours of a buyout today have seen …

Game Audio Network Guild recognises outstanding achievement at GDC show

Old PS One games now available on touch-screen phone

GAME Group has confirmed that a ‘third party’ has shown an interest in providing financial support to the stricken retailer. Although not mentioned in the statement, that third party is OpCapita, the investment firm who also owns electricals retailer Comet. But GAME stress that although OpCapita has sought dialogue with …

Sega’s Yakuza: Dead Souls is the latest game that will not be stocked by GAME or Gamestation. Despite the excitement surrounding a possible buyout, GAME is still suffering serious supply issues. Already, EA, Nintendo, Tecmo Koei and Capcom have not supplied game with their latest titles. That means Kid Icarus: …

GAME’s share price has shot above two pence following reports the retailer is about to be bought. That’s up 95 per cent since the start of the day. According to The Times, Comet owner OpCapita – a private investment firm – is planning to swoop for the games specialist. Meanwhile, …

The future of retailer GAME could be on the verge of being secured. The Times reports that Comet owner OpCapita has offered to buy out the GAME Group’s lenders, including the complete repayment of all of the chain’s suppliers. This has since been confirmed to MCV. This is particularly good …