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

Highlights reel boasts engine's capabilities when fused with DirectX 11

Valve co-founder and managing director Gabe Newell has been labelled the newest video game billionaire” by Forbes. The outlet estimates his personal fortune to be around $1.5bn, making him the 854th richest of the globe’s 1,226 billionaires. The news comes as Newell makes his debut appearance on Forbes Millionaire Rich …

More than 60 games industry firms have already signed up to attend this year’s MCV Awards on Thursday, April 19th. These range from publishers such as Activision Blizzard to distributors such as Gem, retailers like GAME and many more listed below. Here’s a selection of companies who have signed up …

Team Fortress 2 revenues have increased 'by a factor of twelve' since going free-to-play, claims Valve programmer

Superhero action game Prototype 2 will prosper thanks to a quiet April,says Activision subsidiary Radical Entertainment. The title is probably the biggest name in a sparse month for retail. Developer Radical hopes it can sell over 4m units – double the original’s sales. We sold 2.1m copies of the first …

The UK games retail market suffered yet another poor month in February, with unit sales down 29 per cent compared with the same period last year. According to GfK Chart-Track, 2,314,424 games were sold last month, generating 55m for stores. In value, that’s almost 25 per cent down compared with …

China accounts for third of total revenues; global sector 'to be worth $25.5 billion by 2015', claims report

Ubisoft has axed leading members of the Montreal development team behind its upcoming Rainbow 6 Patriots game, it has been revealed. As reported byGame Informer, the publisher has confirmed that creative director David Sears, narrative head Richard Rouse III, lead designer Philippe Therien and animation director Brent George have all …

Lead designer and creative, animation and narrative directors removed from Patriots

Sales of Sony’s PlayStation Vita in Japan barely scraped above 10,000 units last week as both Nintendo’s 3DS and its predecessor the PSP outsold it once again. Vita shifted 10,023 units between February 27th and March 4th – that’s down 1,163 units week-on-week according to Media Create. By comparison, the …