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

The rise of digital games sales is destroying High Street and ruining an entire sector. Or not. According to numbers from GAME’s half-year financial report, digital video games revenues accounted for just four per cent of the total market for the first half of the year. The statistic comes from …

GAME Group has stated that it suffered a dip in its pre-owned margins in the 26 weeks ending July 30th. Our pre-owned offer remains the most competitive and widespread on the high street,” chairman Peter Lewis stated. Margins in pre-owned were down by 250 basis points as a result of …

Bejeweled studio certain it can outpace FarmVille company

Following dips in both sales and revenue at leading UK games retailer GAME, the chain has pegged Nintendo’s hardware duo of Wii and DS as one of the main drivers of the dip. Specifically, GAME and Gamestation stores have seen a 40 per cent decline in hardware sales of the …

GAME Group today confirmed that it plans to shave down its store count even further over the next three years. Currently, the firm runs 635 stores across its two brands, GAME and Gamestation – after earlier this year closing 15 stores and 27 concessions. But the firm expects to slim …

GAME has reported an expected year-on-year drop in sales and revenue in its half-year financials. For the 26 weeks ending July 31st, revenue was down 9.6 per cent to 624.6m compared to 690.8m the year previously, with like for like sales down 10 per cent. That’s in line with the …

AUDIO SPECIAL: We speak to Codemasters' audio director about managing sounds across triple-A projects

Sony has handed PSP2 development kits to a number of key studios, MCV’s sister site Develop has heard. It was claimed earlier this year that developers were shown the portable console, and Sony has since sent out dev kits to a number of development studios – both third-party and in-house. …

Japanese social outfit increases presence in US with new studio acquisition

PlayStation owner looking for a significant launch line-up