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

"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 …

Company unveiling tech at CES

Partnership agreed with G3 Studio

Having been on the market for just over a month, Zynga’s latest Facebook title CityVille has already attracted an astonishing 84.2m players. Inside Social Games reports that this puts CityVille ahead of Facebook’s current record-holder, Zynga’s FarmVille. The latter title, however, took nine months to reach that landmark, suggesting CityVille …

Elms becomes chairman

University team brings Blizzardâ??s best-selling MMO to Microsoftâ??s motion controller

The High Street is bracing itself for a slowdown in sales this year due to the VAT increase. A study by the Centre for Retail Research, in association with online shopping group Kelkoo forecasts that consumers will spend an average of 324 less in 2011 because of the VAT increase. …