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

Back to the Future studio to expand company after private investor funding round

THIS FEATURE WAS WRITTEN BEFORE TODAY’S NEWS THAT HMV HAS SIGNED A REFINANCING DEAL WITH RBS AND LLOYDS TSB. I remember the last time we spoke to HMV chief Simon Fox. He was in buoyant mood. The firm’s transformation plan – a bold ambition to move from being an entertainment …

HMV’s short-term future has been secured thanks to a 220m refinancing package with Royal Bank of Scotland and Lloyds TSB that will see the state-owned banks take a five per cent stake in the chain. The deal comes at a potentially high price, however, with punitive interest rates (up to …

UK developer Relentless has announced a new partnership with Microsoft that will see the studio work on a new title called Music in Motion for the new Kinect Fun Labs suite. The company recently penned a deal with EA-owned digital games publisher Chillingo. There has also been a re-job at …

As they open proceedings these days with their increasingly lengthy, increasingly hyped and increasingly pivotal press conferences, that’s not unfair. But the more defining stories these days aren’t what the specialist press is obsessed with, but what’s going on amongst the third-party publishers. The increasingly platform agnostic publishers, that is. …

RedLynx, the studio behind the XBLA motocross platformer hit Trials HD, has announced a sequel to that game called Trials Evolution. Expected to go live this year, a trailer was released on the XBLA dashboard along with the title’s announcement. "Trials Evolution is more than just a sequel to Trials …

Namco has announced that a new Ridge Racer is currently under development for the PlayStation Vita. Ridge Racer for PSVita is the newest instalment of the beloved arcade racing series, which has launched alongside every Sony console to date. The new title is being co-developed by Namco Bandai Games Inc …

Sony's Buzz developer begins work on new project, Music in Motion

Upcoming Kinect title The Gunstringer will now be released at retail. The game was originally being developed by Splosion Man studio Twisted Pixel for an Xbox Live Arcade release, but it will now be a fully-fledged boxed product, reports Destructoid. The Gunstringer is set in a Wild West-themed world occupied …

With a $299 RRP in place for the 3G versions of the PlayStation Vita in North America and a €300 price for the SKU in Europe, the first Uk retailer has gone live with its pre-order prices. GAME is currently listing the 3G version of the device for 279.99. It …