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

As part of today’s financial report, Sony has confirmed that since the launch of the PS3 its PlayStation operations have lost a total of $4.965bn For its 2007 financial year – the period that followed the launch of PS3 – losses for Sony’s PlayStation operations hit $1.97bn. Despite falls over …

Universities praise solution provider's project management tech

UK video games industry charity body GamesAid has announced the results of its vote on which charities are to receive at least 11,000 in funding as a result of its recent fundraising activities. Five organisations have been named – the Royal Hospital for Neuro Disability, The Willow Foundation, Action for …

AUDIO SPECIAL: A look at the film industry's interest in recruiting game audio experts

An Australian lobbyist group has called for Call Of Duty: Modern Warfare 2 to be reclassified after it emerged gamers can play as a terrorist in the game. Leaked gameplay footage showed a player gunning down civilians at an airport earlier this week. The Australian Council on Children and the …

PlayStation platform holder Sony has reported losses of YEN 26.3bn (175) for its 2009 Q2 with its Networked Products & Services Division – which houses its PlayStation and PC operations – seeing losses increase year-on-year. The PlayStation division suffered a 24 per cent drop in sales compared to the same …

Satoru Iwata, the CEO of Japanese platform holder Nintendo, has admitted that the company’s failure to produce regular first party triple-A software for the console has lead to the recently announced dramatic drop in profits. Wii has stalled,” Iwata told Andriasang. We were unable to continually release strong software, and …

Reports suggest the sequel to Electronic Arts’ Dead Space could be released in 2010. A Reuters article claims Dead Space 2 is in development for next year” and just one of a pair of horror offerings” the publisher is working on, alongside the upcoming Dante’s Inferno. The game was confirmed …

Publishers this week debated whether retailers are too sceptical about new IP following accusations that the High Street is ‘dumbing down’. Last week MCV revealed that Rising Star Games’ Wii release Muramasa had been declined by buyers at some major chains. City Interactive’s Roy Campbell – former UK MD at …

GameCity 09: The solution? Split up global development businesses into region-specific divisions