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

The majority shareholders of social games giant Bigpoint have sold a large portion of their stock in a deal valued at $350 million. The transaction is complex and not all information has been disclosed. In June 2008, General Electric, NBC Universal and private equity firm GMT Communications acquired a 70 …

It was EA that dominated the charts this month with some 12 games in the Top 50. Crysis 2 in third place was the publisher’s biggest seller, but sneaking under the radar to make the Top Five was Fight Night Champion, the game was the second biggest seller on PS3 last …

John Schappert, the COO of publisher EA, has in a shock move resigned from the publisher, news agency Reuters is reporting. In an even more astonishing move, he has done so to join rising casual games force Zynga, it is claimed. It’s not yet known what role he will take …

Games released during network outage 'will still be promoted when back online'

It was EA that dominated the charts this month with some 12 games in the Top 50. Crysis 2 in third place was the publisher’s biggest seller, but sneaking under the radar to make the Top Five was Fight Night Champion, the game was the second biggest seller on PS3 last …

Chief operating officer resigns on eve of companyâ??s quarterly financial report

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Developer Turbine will assume full control of MMO title The Lord of the Rings Online in Europe from June 1st, merging the US and European servers in the process. Until now Codemasters has handled the game in Europe. Current players will need to migrate their Codemasters accounts to the new …

Two private equity firms buy 'slight majority'

Publisher THQ has confirmed that it has entered into a multi-year extension to its current agreement with Games Workshop for the Warhammer 40,000 game rights. The deal grants THQ exclusivity to use the license across all platforms including console and mobile. To date the company has published a number of …