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

Take-Two has reported a 65 per cent drop in profit to $14.2m for its fiscal Q3 ending December 31st 2011. The Rockstar and 2K parent generated $236.3m in sales during October, November and December. This represents a 25 per cent year-on-year dip compared to the $334.3m made in the same …

Company assures investors after posting $56m loss for Christmas quarter

The Saints Row publisher has posted its financial results for its third quarter, showing a 275 per cent rise in net losses since the same period in 2010. THQ posted a net loss of $55.9m for the three months ended December 31st, 2011 – up from just $14.9m in the …

The UK games retail market remained steady with 12.1m generated from video game sales – the same as the week prior. Unit sales rose marginally with 571,229 games sold. But with little new releases on the shelves, there wasn’t enough to give the market a much-needed kick. EA’s FIFA 12 …

Hours of speculation about GAME’s survival are hopefully over as the retailer has brokered a new deal with its lenders. The Board of GAME Group this evening announced it has ‘concluded discussions with its lending syndicate and agreed revised terms for its facilities’. While GAME has agreed to ‘operate within …

OneMoreLevel.com publishes comprehensive comparison chart

Employment firm taps up former Blitz business manager

Developer center established to help local studios

Special royalty rate now on offer; New targets set

Having enjoyed success digitally, Telltale’s Back to the Future: The Game is to receive a retail release courtesy of Deep Silver in the EMEA region. The SKU will include all of the parts released to date, offering the complete experience. Players will find the trilogy’s original star, Christopher Lloyd, reprising …