UK games market to overtake Japan in 09

With the Japanese market suffering a significant decline in value in 2008 and the UK enjoying record sales, MCV is predicting that the UK games market will by the end of the year grow to become the second most valuable in the world. Whilst the Japanese market was worth 520,000 …

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2008 Global Market Analysis

VALUE/TRENDS 2008 Market Value (2007 in brackets)UK – 4.03bn (3.40bn) year-on-year +18.5% USA – 14.89bn (12.51bn) year-on-year +19%Japan – 4.55bn (5.37bn) year-on-year -15% These numbers show that the USA remains by far the single largest video games market in the world, bettering the value of the UK and Japanese markets …

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Gem celebrates 25 years of success

Distributor Gem is celebrating its 25th year at the heart of the UK PC and video games trade, a timeline which spans numerous key milestones and is almost as long as the industry itself. The company was formed in 1984 and landed the all important Microsoft contract in 1988. After …

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Warner and Eidos cosy up over Lara Croft

It has emerged that Warner Bros is planning a brand new movie in the Tomb Raider franchise – leading some to wonder if this is the first move in the long rumoured takeover of Eidos . Despite Eidos’ recent admission that sales of its most recent Lara Croft title, Tomb …

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Tesco appoints new finance director

Tesco has announced the appointment of Laurie McIlwee as group finance director, replacing Andrew Higginson. McIlwee originally joined Tesco in December 2000 as UK finance director, and recently served as distribution director. He takes over his new role as Higginson moves to become chief executive of retailer services. Tesco CEO …

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Asda to create 7,000 new jobs

Asda has announced it will create 7,000 new jobs in the UK over the course of 2009, through a combination of opening new stores and extending existing ones. The supermarket has become the latest in a line of retailers creating new positions despite the ongoing economic recession, with Tesco planning …

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