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

World financial giant Goldman Sachs has become the latest company to swoop for stock in The GAME Group. The purchase was made on March 12th and was publically announced this morning. Goldman Sachs has acquired 13,120,220 shares in the company, entitling it to 3.78 per cent of its voting rights. …

Future entries in the Battlefield series could feature a subscription model, according to an EA exec. Speaking in an interview with VentureBeat, head of the EA Games label Patrick Soderlund said the publisher was considering using regular fees to increase the revenue generated by its blockbuster shooters. "I think it’s …

It was in February last year that GAME announced its bold plans to transform its business. The new strategy featured in-store mobile technology, a focus on reward cards, click and collect, a revamped website and plans to triple its digital revenues by 2013. But most importantly, it saw GAME secure …

Sony’s security boss and former US military man Brett Wahlin says protecting PSN is similar to the Cold War. The platform holder’s chief security officer was appointed last year following the PSN hack that brought down the PS3 online service and saw millions of users’ personal data unlawfully accessed. Wahlin …

Behind closed doors, a new Xbox is being developed – but Microsoft is determined to maintain secrecy. This week, the platform holder removed two job ads from Microsoft.com that mentioned the "next generation" of Xbox, according to CVG. One ad called for a software development engineer. The chosen applicant would …

Small UK games retailers are thriving after customers flocked to them to buy Mass Effect 3. Indie retailers have seen sales spike as GAME fails to stock top new releases such as Street Fighter X Tekken, Mario Party 9 and the aforementioned Mass Effect. We’ve just had our best weekend …

'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