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

SouthPeak Interactive reported a drop in sales and net loss in its Q1 financials ending September 30th. Quarterly sales dropped to $8.4 million, a reduction from $18.4 million in a like-for-like period. However, losses also fell for SouthPeak, with net loss at $1.6 million from last year’s $3.4 million. Meanwhile …

A number of new details about Bungie’s upcoming expansion to its popular FPS franchise, Halo 3 Recon, the most interesting of which is the news that it will be based on an open-world structure. CVG reports that the latest copy of US games mag Game Informer carries the news, along …

UK development outfit The Games Company has reached the final stages of a high-profile games design competition on Facebook – and now it’s urging its UK contemporaries to come out in support. To read the full story, head on over to MCV’s development-orientated sister magazine Develop.

UK devs see Facebook app â??Social Arcadeâ?? reach games competition finals; asks industry for support

Microsoft has claimed that technical issues which saw many users face problems accessing the Xbox Live network over the weekend have now been resolved. Reports cropped up on Friday that users from across the world were booted from online multiplayer sessions, and that many were having trouble logging into Xbox …

With the highly-anticipated Left 4 Dead just a week away, Valve is giving gamers the chance to buy its entire back catalogue for under $100 (70). The Complete Pack is available to download via Steam, and features 22 titles including the entire Half Life series, Portal, Team Fortress and Counter-Strike, …

UK developer Sports Interactive has announced that Liverpool-based Premiership football team Everton has signed a first-of-its-kind deal that will officially allow club manager David Moyes and his backroom staff unrivalled access to the player database of Football Manager 2009. The studio boasts that the FM2009 databse includes over 370,000 players …

Corporate vice president of Microsoft Game Studios Shane Kim has shown a touching bit of festive spirit by praising rival platform holder Nintendo for the success it has had in broadening the market. Speaking to VentureBeat, Kim admitted: I can tell you how that conversation goes at Microsoft. They say, …

Electronics giant finally focuses on games with clearest statement of intent yet

Rumours suggest that job losses are to be followed by total closure of US publisher