MCV/DEVELOP News, events, research and jobs from the games industry
13% of workforce shown the door as company moves to sub-based model
Read More »Autodesk to cut 1,150 employees amidst restructuring
EA share dip wipes $3 billion from publisher’s value
The Star Wars Battlefront 2 controversy is hitting EA’s bottom line. CNBC reports that the company’s share price is down 8.5 per cent so far this month, wiping around $3bn off its value. In contrast, its larger rivals have seen share prices increase, as have the wider markets. It’s not …
Read More »YouTube faces new advertiser exodus
Leading video platform YouTube has found itself yet again suffering a wave of advertiser unrest. The Guardian reports that companies such as Cadbury, Mars, Lidl and Adidas have pulled advertising from the site amid concerns about troubling comments left on videos featuring children. Some of these are explicit and some …
Read More »PlayStation price cuts deliver on Black Friday but PS Plus is the focus
Sony’s Eric Lempel appeared on CNBC in the US to hail last weekend as "the biggest Black Friday in Playstation history," adding that "we sold more consoles than we ever have in our 22 year history." That all came off the back of aggressive price cuts on console bundles – …
Read More »Gazillion Entertainment closes its doors, laying off all staff
Reports suggest employees laid off without severance or holiday pay
Read More »Jagex announces trio of executive appointments
Company grows product and publishing operations
Read More »Tencent and Bluehole are bringing PUBG to mobile in China
PlayerUnknown’s Battlegrounds will get the mobile treatment in China, Tencent revealed yesterday. This announcement comes on the back of Tencent securing PUBG Chinese exclusivity last week. But it now looks like the Chinese giant will publish and distribute more than the PC version, as it announced in a blog post …
Read More »A GAME of two halves – we talk to CEO Martyn Gibbs about its full year results
We’re coming to the end of the financial results season. It’s not as glitzy as awards season, but then it’s hard to organise a big party without a bag of cash. As far as the UK games industry goes, GAME’s full year results are key, as the health of the …
Read More »GAME sells Multiplay digital business to Unity in £19m deal
GAME Digital announced the sale of its Multiplay Digital business to Unity on Tuesday, in a £19m deal. Multiplay Digital handles multiplayer servers for a range of titles including Minecraft, Killing Floor 2 and Day Z. Sales last year rose from £2.1m to £4.5m, although the company filed a loss …
Read More »GAME sells Multiplay Digital to Unity
Unity has acquired GAME’s Multiplay Digital business for £19m, the High Street retailer announced this morning, with an initial transaction of £17.1m and £1.9m in escrow for 19 months. GAME initially acquired Multiplay in March 2015 for £20m. The company runs Insomnia and GAME’s Belong arenas, with Multiplay Digital being …
Read More »