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

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 …

Publishing powerhouse EA last night admitted to concerns about the financial health of a "major European retail partner" thought to be GAME. As reported by MCV yesterday, GAME has been rocked by credit insurance issues forcing it into negotiations with publishing partners to secure stock of upcoming releases. "We are …

240 staff from THQ will be impacted by its latest restructuring – over ten per cent of staff. In an SEC filings this evening, the firm detailed how the previously announced withdrawal from the kids’ licensed games market will hit its business. The resulting restructuring, the firm says, will "appropriately …

NFL brand takes flick game to iPhone summit; Paper Monsters tops iPad games

Nearly 13 years after it first hit the market, Sony Online Entertainment has decided to convert EverQuest into a free-to-play title. A number of new payment options will be introduced. Standard all-you-can-eat subscriptions will remain an option, but a F2P version supported by microtransactions will also be available. Those who …

Facebook games group denies culture of kleptomania

Trion Worlds has expanded the trial version of its flagship MMO, essentially making the game free-to-play. Rift Lite drops the time limit and lets new players enjoy the the game for free until they reach level 20. If they enjoy the game, they can sign up for full membership, with …