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

Studio blames itself for â??overestimating chancesâ?? of lifting size cap

Firm enjoys strong growth over the holiday period across iOS and Android

Media giant Viacom sold Rock Band developer Harmonix for a nominal fee, an unconfirmed report has claimed. An article published on All Things Digital said investment group Columbus Nova paid the nominal fee in a so-called fire sale. I’m told that investment group Columbus Nova paid $49.99 — the list …

Latest free-to-play game attracting over 84.2m users each month

Leading UK games retailer GAME has confirmed to MCV that it has increased the price on some of its products as a result of the VAT increase that came into effect in the UK overnight. However, the chain has pointed out to MCV that it still offers a market-leading price …

Goldman Sachs and DST investment points to 2012 IPO

"Brand new video games can lose as much value in percentage terms in just three days as a car would over three years" – that’s the eye-catching introduction to a report into the pre-owned games market by leading consumer watchdog Which? It claims that a Ford Focus loses around 60 …

Tuna Technologies releases Cover Girl

Rumour: Investment firm 'picks up unsettled bill'

Official figures from UKIE show that in 2010 the UK video games market was worth a total of 2.88bn. This is down on the overall 2009 value of 3.31bn. In total, console software sales reached 1.45bn with growth on both Xbox 360 and PS3. Xbox 360 games sales hit 538m …