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

Square Enix has reported a 175.2 per cent jump in net income for nine months ending December 31st 2011. Total net income for the period hit 5,013m (41.4m). Operating income was up 24.5 per cent at 11,220m. Net sales fell 2.5 per cent, however, to 95,738m. The publisher now expects …

An email was sent around yesterday confirming that PALGN’s editorial team will no longer produce site content. The passionate farewell email came from site executive editor Jeremy Jastrzab, who has been a PALGN contributor for 7 years. It informed recipients that the editorial team behind the site would no longer …

PlayStation Vita can warm up a bitter start to the year for games retail. The games trade is upbeat about the new hardware launch, with specialists and mainstream outlets ramping up pre-orders, launching micro-sites and preparing midnight launches. In a period of market decline it’s a great opportunity to drive …

FIFA Football can be PlayStation Vita’s big system shifter. And that’s not a statement from publisher EA, but a leading video games developer. Epic Games VP Mark Rein reckons consumers will lap up the title. His comments come after FIFA 12 topped the Chart-Track All Formats Top 40 for seven …

Deus Ex publisher expects net income to remain steady for full year

Our lead stories this week are on face value about very contrasting companies.But together they spell out a dismal message about what the UK market is offering British games firms. So what does the ailing boxed game retailer have in common with the small publisher finding an audience on the …

Green Man Gaming, NCsoft, ShopTo and OPM are the latest firms to lend their names to the 2012 MCV Industry Excellence Awards. The tenth annual Awards take place on April 19th at new venue the London Lancaster Hotel. It will be hosted by comedian and The Inbetweeners star Greg Davies. …

Revenues reach £1.6 billion

PlayStation has put together a map to show consumers where they can play Vita. The new handheld goes on sale on February 22nd, and is available to play in locations up and down the UK, including all GAME and GameStation stores. You can check out the full map here. It …

Japanese publisher Konami has reported a 77.3 per cent increase in net income to 17,046m for the nine months ending December 31st 2011. Net revenues for the period grew 3.3 per cent to 194,522m while operating income climbed 86 per cent to 30,921m. Digital entertainment revenues in isolation grew 1.6 …