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

$40 million investment part sourced from media giant

Full statement translated by Develop, company calls legal action 'one-sided'

The second issue of the new publication hits shelves on Thursday June 12th and continues CVG Presents’ celebration of the most important events in gaming. CVG Presents: Metal Gear Solid will take an in-depth look at the last 21 years of Metal Gear on the same day as the latest …

Head of external development in Europe said to have new wider remit

Educator to research new consumer-level mocap technology

Development of two big-budget first-party Sony titles, The Getaway and Eight Days – both of which were in production at the firm’s London Studio – have been suspended. The move comes after a budget re-evaluation. The resources dedicated to the two games will now be focused on projects which are …

Activision’s wholly owned Infinity Ward studio has confirmed that Call of Duty 4: Modern Warfare, has sold over 10 million copies worldwide. Infinity Ward studio head Vince Zampella told CNet that he didn’t know exactly how many units the game had sold on each platform it is available on, but …

Sony has introduced of dynamic in-game advertising on PS3. Marketers interested in placing advertisements in games for PS3 or publishers with available in-game space for advertisements will now be able to engage through advertisement distribution partners. IGA Worldwide has been selected as PS3’s first partner. The PS3 platform is primed …

Capital risk management company Axn Capital has announced that it has invested in Spanish publisher Virgin Play. The investment joins other funds that have come from private investors including the Japanese company Amuse Capital Inc – headed up by former Sega head honcho Hayao Nakayma – and the capital risk …

Resources for The Getaway and Eight Days 'reallocated' to enhance other projects