Moshi Monsters dev valued at £125m

A transfer of stock of London studio Mind Candy has valued the Moshi Monsters developer at 125 million. Investment group Spark Ventures cashed in on half of its shares in Mind Candy, having owned equity in the group for a number of years. The share value had soared about 1,500 …

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Devs reveal LA Noire grind

The boss of Australian group Team Bondi screamed at staff in the middle of the office” during the brutal” development of LA Noire, according to an explosive depiction of life at the studio. Brendan McNamara is accused by one of eleven anonymous insiders as the angriest person I’ve ever met”. …

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Core leadership under threat

The rising market in what stat trackers NPD ‘digital gamers’ is threatening to overthrow hardcore gamers as the most active segment in the market. A new NPD report entitled Gamer Segmentation 2011 says that traditional core gamers typically spend around 18 hours a week playing games. Digital gamers meanwhile, are …

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OnLive discussing Xbox, PS3 partnership

Cloud gaming platform OnLive has had discussions with representatives of both Sony and Microsoft over a possible console collaboration for the service. OnLive already has some major publishing partners as well as agreements with key ISPs. Any possible tie-up with either Xbox 360 or PS3, however, would be its most …

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Forza 4 grabs BMW exclusive

Microsoft has announced a partnership with BMW that will see its upcoming 2012 M5 model appear first in Forza 4. Those who buy the 59.99 Limited Collector’s Edition will also gain access to 25 additional cars, with the 2012 M5 appearing as the cover star of the SKU – which …

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