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

FarmVille, CityVille and the rest of Zynga’s portfolio are well-established as Facebook’s money-makers and now we know how much they are truly worth. Paperwork filed by Facebook ahead of its IPO shows that the social games firm accounted for 12 per cent of the $3.7bn revenues the site took in …

The Walt Disney Company has obtained a controlling stake in UTV including the media firm’s games publishing arm UTV Ignition. Disney will be complete the acquisition shortly via a delisting action which will see UTV’s shares removed from local stock exchanges. It will start this process from February 6th, according …

Xbox Live marketing boss Robin Burrowes is the latest games exec to join Apple. Burrowes worked at Xbox for seven years, and was in charge of Xbox Live. He was one of the execs promoting the latest Xbox dashboard update, even attending London Games Conference and Gamescom last year. Prior …

Unnamed title based on 'key piece of the EA brand IP'

UK retailer GAME has hinted at the possible sale of some of its international operations as it continues to fight for its life in the UK. In response to press speculation the GAME Group confirms that it is in ongoing dialogue with its lending syndicate to reach agreement on revised …

Unfavourable exchange rate and PS3 price cut to blame, Sony claims

CEO to halve salary to $360,000

Daily advice on recruitment and HR from the industry's top companies. Today: A serious look at moving for work

The Consumer Products & Services division of Sony, which houses amongst other things its PlayStation business, has reported a loss of $1.009bn for the quarter ending December 31st 2011. Overall sales at the unit reached $12.776bn – an annual decline of almost 25 per cent. Amongst other things, the increased …

You could almost smell the desperation in some quarters of the game press for EA’s Star Wars: The Old Republic to fail. Well guess what? It’s been a huge hit. Since its release in December the game has sold in excess of 2m copies worldwide, with 1.7 players signing up …