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

Having done away with the iconic ‘Red Ring of Death’ in the redesigned version of its Xbox 360, Microsoft has also introduced further safeguards to protect against the console’s patchy reliability record. It has emerged that the redesigned Xbox 360 S will automatically shut down if it detects that its …

With the Xbox 360 S making its way into the hands of its first US customers, Microsoft has confirmed to IGN that it will introduce a low-price $199 version this autumn. The ‘Arcade’ version of the hardware was first confirmed at last week’s E3 event. It’s still not yet known …

More details are emerging about Nintendo’s intended scope for its new 3DS handheld – with latest comments from Nintendo president Satoru Iwata suggestion newspaper and magazine content functions like those seen on the Kindle and iPad In a new interview with Japanese newspaper Nikkei, Iwata said the online functions of …

E3 has rubber-stamped MCV as the biggest single games trade site in Europe. According to Google Analytics, the online version of the UK-based publication welcomed 108,251 unique users between Sunday June 13th and Saturday June 19th. Over 300 different stories, plus opinion, analysis and links to live events were posted …

The second hand games reseller believed to be behind Best Buy’s fresh tirade on the US pre-owned games market has filed an S-1 for common stock offering as it looks to boost the mass-market credentials of the sector. Game Trading Technologies is a fast-growing business that deals with the acquisition, …

Big box retail specialist Best Buy is to take the commitment it has shown to pre-owned games in the UK and roll-out a second hand games offer to all of its US stores from the end of the summer. As a result, shares in rival games specialist GameStop fell over …

Microsoft is paying around $150 in total manufacturing costs for each Kinect unit, Develop understands. A highly-positioned, trusted source had given Develop the $150 manufacturing cost” figure on the condition of anonymity, adding that the expenses of Kinect is a topic of concern for his company. The news comes in …

Following its official launch in the US last week, the first concrete details about OnLive’s pricing model are now available. Eurogamer reports that most titles are available to rent for three or five days or can be purchased on an ‘unlimited pass’ basis – though the service is only able …

Fork Particle and others on the future of the tech market

Activision boss dreams of stable monthly revenues from the Call of Duty series