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

Publisher Take Two has seen record full year revenues – but has reported a $15 million loss for the three months period ending October 31st. Net revenue for the quarter was at $323.4 million, compared to $292.6 million for the same period in 2007. Whilst the net loss has more …

Recent rumors have been circling that SCi/Eidos is on the block and the list of potential suitors includes EA , Ubisoft, Square Enix and Warner Brothers. Other bigger game companies could be interested too. Is there truth in the grapevine?To read more, click here.

Houser brothers and Les Benzies tied â??til 2012; parent to fund new IP

Paramount has set its sights on ‘furthering its initiatives’ in the games space – despite the departure of ‘games boss’ Sandi Isaacs . Isaacs left the company earlier this week, in a move which the movie giant has told MCV has been overstated through the media”. Paramount last week announced …

Following the huge sales of Football Manager 2009, Sega will launch its first MMO – Football Manager Live – on January 23rd, MCV can reveal. The game will receive a full retail launch – with the boxed product featuring four months’ subscription for 29.99. And Sports Interactive’s MD Miles Jacobson …

[You can find the original version of this article here] If ongoing trade rumors are any indication, however, there may be little need to rush out and print new letterhead. Recent rumors have been circling that SCi/Eidos is on the block and the list of potential suitors includes EA, Ubisoft, …

Woolworths administrator Deloitte has revealed that food, clothing and budget retailers are amongst those that have made bids for 300 of the company’s prime locations. And despite over 500 stores still being yet to receive a firm offer, joint administrator Neville Kahn said today that he was confident Woolworths would …

Woolworths administrator Deloitte has revealed that the retailer will start slashing prices on products by over 60 per cent in the lead-up to the New Year. The firm’s Neville Kahn today revealed that over 50 million new stock items – including entertainment and toys – were being shipped into stores …

EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will actively chase up” the entertainment retailer’s debt. EUK and Woolworths joint administrator at Deloitte Neville Kahn said: Zavvi is one of the major customers that owes money …

The administator in charge of Woolworths has revealed that over 500 suppliers to Woolworths and EUK – including many games publishers – stand to lose money on products sold into both companies. However, joint administrator of Woolworths at Deloitte Neville Kahn said that EUK’s warehouses – which still hold millions …