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

$189.5m profit for the nine months ending December 31st; Hardware price cuts predicted

Platinum Games’ much applauded hack ‘n’ slash title Bayonetta has sold a total of 1.1m units worldwide since it went on sale in October last year (in Japan). Despite this feat the game fails to become Sega’s best selling game in the nine months ending December 31st – that accolade …

British game industry association says Canada has provided a template for the UK to follow

Japanese publisher Sega Sammy has reported a net income of $189.5m for the nine months ending December 31st. The news is all the sweeter for the firm as in the same period a year before it suffered a $121.3m loss. There were also sharp increases in operating income, which hit …

An annual report from Forecasting and Analysing Digital Entertainment (FADE) claims that Microsoft’s Xbox Live Arcade download service generated revenues in excess of $100m in 2009 – a new record for the digital outlet. More precisely, FADE reckons XBLA made $103.4m worldwide in 2009, representing a 34 per cent year-on-year …

Digital Media Prototyping program helps aid local talent

Square Enix’s cherished RPG series Dragon Quest has once again lived up to the hefty expectations placed upon it in the publisher’s homeland with news that Dragon Quest VI sold nearly 1m copies on its first week of release. The title is actually a remake of the mid ‘90s SNES …

Studio uses free Unreal toolset to create Dungeon Defense in four weeks

Sega has confirmed that the Collector’s Edition of upcoming Japanese gangster title Yakuza 3 will be the only SKU released in PAL regions. Kotaku reports that, despite the extras, the game will carry a standard RRP. Included in the package will be a copy of the PS3 game on Blu-ray, …

Chinese media group made undisclosed cash injection during Red 5 walkout