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

HMV won’t turn its back on games, CEO Simon Fox has told MCV. But it will cut in-store space given to the category following a year where it lost market share. Fox said nervous games firms did not back HMV enough last year – unlike ‘highly supportive’ music and DVD …

British publisher System 3 is making waves in Japan – by going digital. The firm’s new Japanese office – headed by Takeshi Shimizu – launched Ferrari: The Race Experience late last year. It was the publisher’s first release in Japan, it shot straight to No.2 in the PSN charts for …

Quarrel's new publisher now owned by the House of Mouse

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