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

US publisher THQ has confirmed that it is to cut 250 jobs following losses of $115.3 million for the three months ending September 30th. Losses for the same period last year totalled just $7 million. Net sales for the period reached $164.8 million, down from the $229.3 million seen in …

Activision-Blizzard has reported a $108 million loss for its third quarter – whilst besting its revenue guidance by just under 100m. The company blamed the loss on charges related to its merger. Without those charges, the company earned 7 cents a share while analysts expected 4 cents. Adjusted revenue was …

$115.3m loss for the quarter ending September 30th; 17 per cent of studio workforce to go

Media and entertainment company beefs up audio and UI workforce

Latest update brings improved Wii and PC support; XSI 6.5 integration

Having already outlined its plans for its huge Q4 marketing campaign dubbed ‘All Singing, All Dancing, All Gaming – All Disney’, Disney will this weekend embark on a nationwide mall sampling tour to promote its top line titles. Games getting some special attention throughout the campaign include quiz title Disney …

Consumer advice portal Reevoo has turned its attentions to the games market – and it has chosen the PSP Slim & Lite as the best choice for gamers this Christmas. The website granted Sony’s handheld an impressive 9.5/10, praising it for the fact it looks cool”, is easy to set …

Activision has revealed a plan to target a whole new segment of the market with its release of the fourth instalment to its music franchise, Guitar Hero: World Tour on November 14th. The publisher intends to get its game installed in a number of musical instrument outlets in an attempt …

Casual Games Forum panel tackles how the tough economic climate will affect games

Leading global games publisher Nintendo has said that it has teamed up with Tokyo-based stock exchange Nikkei to make a new game based on the workings of the stock market. To read more, click here to head over to MCV sister site CasualGaming.biz.