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

Electronic Arts has secured a loan of $1 billion to support its bid for Take Two, which is due to be concluded this Friday . In a form filed with the SEC, EA said that it had received a commitment for up to $1 billion in ‘senior unsecured term loan …

This week’s show in the Indigo Room at the O2 was, in many ways, similar to what we’ve seen at Tokyo Games Show and Leipzig; stylish, confident and packed full of real sales stats. No amount of fanboy blustering can argue with the installed bases revealed by Sony this week; …

With GTA IV smashing entertainment records to hit six million sales in its first week , it’s little surprise that the title has taken the top spot in all formats charts in Spain, Germany and Sweden. According to Next-gen.Biz, the PS3 version took the No.1 spot in Spain and Germany …

The Daily Mail has given GTA a 5/5 rating on its entertainment pages – just days after the newspaper called the game ‘squalid mind poison’ Reviewer James O’Brien was full of praise for the title, saying it was ‘as epic as it is violent’. In the article, he wrote: ‘There’s …

Dutch games advocate The NGLD Foundation had announced that Holland’s games industry had grown to be worth almost €1 billion. The body reported that, in the last year, the country’s games industry had exceeded the revenue of the movie industry for the first time. "The remarkable success of the Dutch …

Forget Microsoft and Nintendo – PS3’s content can take on movies, TV and the web in the battle for the wider entertainment space. That was the message from SCE president Kaz Hirai as he spoke to MCV at this week’s PlayStation Day, at which the platform holder revealed a string …

What makes this generation of consoles special isn't graphics or brute processing power; no, it's the ability for games to be electronically distributed through built-in networks that opens new frontiers - ones that Kuju's Doublesix is ready for...

Casualgaming.biz reports that a patent has been filed by Apple for a device that appears to mimic the functionality of Nintendo’s Wii Remote. The patent reads: ‘The absolute x- and y-positions of [the] remote control can be used, for example, in video games to position a user’s character or to …

CasualGaming.biz reports that RealNetworks is planning to spin its casual games business into a separate company in a bid to maintain leadership in the space – and may even consider an IPO for the new venture. The news was announced last night as part of Real’s Q1 financials, in which …

Atari Inc has been delisted from the Nasdaq share rankings in the US. Nasdaq previously told the firm that it had to bring its market value up to $15 million or more for ten consecutive business days before March 20th this year – but the publisher was unable to meet …