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

3DS manufacturer now anticipates first annual loss in thirty years

Nintendo president Satoru Iwata has apologised to investors for the poor financials posted by the company yesterday. It reported a loss of 578m for the six months ending September 30th. I feel greatly accountable for missing our financial forecast for the half year ended September and revising downward our forecast …

Codecademy raises $2.5m to expand operations

GAME Australia marketing director Ben Grant has announced his resignation today, and is hoping to move from retail to publishing. Grant began his career at GAME as a buyer in the UK, and has decided to move on after 15 years of service, effective after the close of GAME’s financial …

Electronics giant Sony has completed its full takeover of Sony Ericsson by buying out its Swedish partner for €1.05bn. The deal has been rumoured for months and signals the renewed vigour with which Sony is approaching the connectivity business these days. After years in the doldrums, the giant Japanese firm …

It’s always the risk when a game ships with internet-required DRM. The launch of EA’s Battlefield 3 suffered a setback yesterday when the game’s use of DRM prevented many early adopters playing the title. Before gamers are able to access the title, it must first authenticate itself via EA’s Origin …

Revenues up but shares fall after 'conservative' projections

Electronic Arts flanks UK High Streets today as Battlefield 3 rumbles onto shelves. The blockbuster FPS is the newest outing in the long-running DICE-developed series and the publisher’s major bid against market leader Call of Duty. More than 10m units have been shipped worldwide in one week. Meanwhile, Microsoft follows …

Sony Online Entertainment’s PS3 and PC MMO DC Universe Online will become a free-to-play title on November 1st. The studio announced that it was going to switch its title to the F2P model last month, but has only now finalised a date. New players joining under the F2P model will …

Over 10m units of DICE-developed military shooter Battlefield 3 have now been shipped worldwide, EA has announced. To get a sense of scale, worldwide mega-hit FIFA 12 has shipped just 8m units since its release at the end of September. The game’s predecessor Battlefield: Bad Company 2 has shipped 11m …