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

Nintendo president Saturo Iwata has told Reuters that Nintendo is not planning on reducing the retail price of either Wii or DS this financial year. Speaking after the company’s record financial results yesterday, Iwata said: "Our earnings projection for the year is not based on hardware price cuts, and I …

CVG reports that Sony is set to release its new video download service for PSP, GoView!, this summer. Created in conjunction with Sky, the service lets consumers download and watch programmes and films on their PSP. "This summer, PlayStation and Sky will launch Go!View, the first official PlayStation Portable video …

If our story proves true and retailers across the board stick to the official street date for GTA IV, then it will surely be something of a pivotal moment for the UK games trade. I’ve written about broken street dates so many times that, sadly, I could probably do it …

Microsoft’s results for its third quarter show that global sales of Xbox 360 have now surpassed the 19 million mark. The overall figure represents a 74 percent increase from the same point a year ago. Microsoft said that it shipped 1.3 million consoles during the quarter compared to 500,000 the …

Microsoft’s Entertainment and Devices Division has posted a healthy $89 million profit for its third quarter, ended March 31st. Revenues for E&DD hit $1.58 billion for the quarter – a 68 per cent jump on the $935 million reported a year previously. Operating profit income stood at $89 million – …

News that indies have had their GTA IV allocation cut appears woefully premature as Gem issues more stock into the trade. MCV learnt last week that many indies had seen their expected shipment of GTA IV heavily reduced, especially for the PS3 version of the game. We’ve had about 45 …

Concerns that some retailers may sell copies of Grand Theft Auto IV early so far appear ill-founded as the industry gears up for its April 29th launch. Rockstar’s much-hyped car-jacking sequel has already shipped to retailers worldwide, but there’s currently no sign that copies have been sold ahead of time. …

Since the announcement of Top Trumps: Dr. Who, the gaming world has been hankering after a full next-gen release featuring everybody’s favourite time-travelling Scot. Yet alas it’s not to be, as BBC puts pay to rumours that someone, somewhere has the full Doctor Who licence. That leaves Eidos’ Top Trumps …

Format-holder signs up 13 developers, including the likes of Indiagames, for local content

Analyst Evan Wilson at Pacific Crest Securities says publishers would make more cash by treating developers as stars