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

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 …

Capcom has issued an apology for the Xbox 360 version of Street Fighter X Tekken lacking the ability to play four-player co-op online with a local partner. "Unfortunately, due to time and resource issues, we weren’t able to get that feature into the Xbox 360 version and we apologize to …

The House of the Dead 4 is heading for exclusive release next month on PSN, markingthe console debut for the previously arcade-only light gun shooter. Sega’s title is set to get the works according to the Playstation USand Playstation EUblogs. The new version will carry multiplayer, Move compatibility, trophies, a …

EA has announced the addition of several new publishing partners for its PC digital distribution platform Origin. Sega, Team 17, Rebellion, Kalypso and other undisclosed companies have agreed to bring their games to the growing platform as it continues in its effort to add third parties to a suddenly budding …

A leaked memo from GAME, seen by MCV, says that Activision and Microsoft are the latest publishing giants to not supply the troubled specialist giant. Activision titles Cabela Big Game Hunter 2012 and Zhu Zhu Babies, plus Microsoft’s Kinect Rush: A Disney/Pixar Adventure, will not be sold by the retailer, …