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

Publisher Take Two has revealed that it has suffered a year-on-year increase in losses, following a $50.4m loss in its fiscal Q1 – up from the $38m loss suffered in the same period the year before. Revenues, however, rose to $256.8m, up seven per cent from the $240.4m seen in …

Activision’s Call of Duty 4: Modern Warfare captured three awards at last night’s GAME British academy video game awards. The Infinity Ward-developed shooter secured the Gameplay, Story and Character and the GAME Award, which is voted for by the public. Other big winners included Nintendo, which won the Best Game …

Grand Theft Auto creator and Realtime Worlds boss set to open July event

Speakers from Google, MySpace, Team 17, Black Rock and SCEE join the roster of the July event

Ideaworks3D opens up its Airplay Partners Program for mobile tools and middleware, as Jon Jordan discoversâ?¦

Online console gaming now accounts for a quarter of all online playtime, according to a new report from North American stats body NPD – and the Xbox 360 is grabbing the biggest piece of the console pie. The report, entitled Online Gaming 2009, shows that 25 per cent of all …

Grant Thorton UK LLP to help trade body establish Tax Group

Organisers hope to enhance connections between east and west

Around 1,000 jobs are set to be created by the arrival of Best Buy on UK shores, despite the launch of the joint venture between Carphone Warehouse and the US retail giant being delayed till 2010. MCV’s sister site PC Retail has the full story right here.

Long before the first person shooter dominated the release schedule, the fighting genre reigned supreme. Characters from Mortal Kombat and Street Fighter were icons of mid-‘90s gaming, and the various titles in each franchise were amongst the biggest selling games ever in the 16-bit era. But over time this part …