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

THQ has reported full year losses of $35.3 million for the 12 months to March 31st, with sales up slightly to $1.03 billion. That compares to the $68 million profit reported in its previous fiscal year, and $1.026 billion in sales. For its fourth quarter, the company also saw sales …

Kaz Hirai told a throng of media at today’s PlayStation Day ’08 that the PS3’s launch was ‘difficult’ – but 2008 will be the year that PS3 kicks into top gear. "I think its fair to say that the first year of PS3 was a difficult one," the SCE president …

Hirai on PS3’s strengths: "As we all know PS3 is a platform for digital interactive home entertainment – and we know that the nature of PS3 is multi faceted. Last year, we positioned the PS3 first and foremost as a system for games, games and more games so it was …

Electronic Arts has unveiled a new sub-brand for its EA Sports label – a casual-oriented line of games under the EA Sports Freestyle umbrella, our sister site CasualGaming.biz reports . In an official announcement, EA said that EA Sports Freestyle is "aimed at a growing, more casual sports gaming audience" …

Rock Band is set to hit European Xbox 360s later this month , and EA’s UK office is readying a rocking marketing campaign in support. The game has shifted nearly two million units since it was released in North America last year, and has won numerous awards and critical acclaim. …

The biggest All Formats release ever, Grand Theft Auto IV , has hit the top spot in the UK software chart – outselling last week’s No.1 Wii Fit by nine-to-one. According to ELSPA/ChartTrack statistics, the Rockstar title almost broke the one million unit barrier in the week (Sunday, April 28th …

More copes of Rockstar’s GTA IV for were sold on Xbox 360 than PS3 in the game’s first week on UK shelves – but both companies enjoyed similar success when it came to the ‘system selling’ influence of the title. That’s according to official ChartTrack figures obtained by MCV, which …

Rockstar’s GTA IV has smashed all UK first-week sales records, according to official data obtained by MCV from industry monitor ChartTrack. The game sold 926,000 units in the five-day period between its release (Tuesday, April 29th) and Saturday, May 3rd. According to ChartTrack/ELSPA data, the title took a total of …

Sony has unveiled up-to-date sales figures for its PlayStation ‘family’ in PAL territories – revealing that PS3 has hit the 5 million mark. In addition, the PSP has sold 12 million units in PAL regions – the bulk of which are made up of Europe and Australia, as well as …

Hollywood director-turned-designer discusses his first collaboration with Electronic Arts