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

A UK and Ireland Christmas sales slump of 17.6 per cent for the eight weeks ending January 7th has lead GAME to admit that it might have to rely on the good will of lenders to survive. Described by BBC Radio 5’s Breakfast programme this morning as the worst UK …

In excess of 6.5m PlayStation consoles were sold worldwide in the period between November 18th to December 31st, Sony has estimated. Of those sales the new PlayStation Vita contributed half a million units following its Japanese launch on December 17th. Sony added that over 70 Vita games are currently in …

Fallout MMO effectively scrapped as all rights, including merchandise and prior games, are surrendered to Bethesda

Amir Mizra Hekmati to be executed as state media publishes alleged confession of CIA plot and 'game propaganda'

Eight weeks to go; Book your place at gdconf.com; Develop out in force at the San Francisco event

The app payment landscape is changing, says Inneractive, and charging for apps is becoming increasingly risky

Insight Venture Partners now owns 55%; R&D investment pulls FY11 profits to £6.7m

A New York venture capital firm has purchased further shares in Jagex to increase its stake to 55 per cent, effectively transferring control of the Runescape developer from the UK to the US. Financial documents seen by Develop show that Insight Venture Partners has acquired another twenty per cent of …

Xbox and PlayStation in a race to take advantage of mobile platforms, sources suggest

Warner Bros Interactive has announced a new version of its 2011 fighting game Mortal Kombat. Called Mortal Kombat Komplete Edition, the SKU includes all of the DLC that has been released for the title since it arrived on consoles. That means that on the disc gamers will find four new …