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

SCE UK boss Ray Maguire has revealed that PS3’s forthcoming firmware update will introduce new features to the cross media bar. As he thanked SCE UK’s trade partners for reaching one million UK PS3 sales, he added: Our momentum will continue with the introduction of in-game communication in the summer, …

Analyst firm iSuppli has stated that the balance of the next-gen console battle has tipped in Sony’s favour, and that the firm is likely to cut the cost of its PS3 this year to make the most of the console’s increasing momentum. "2008 will be a turning year for the …

Industry analysts have told MCV that Take Two should accept a takeover bid from EA in the next few months – or it risks missing out on its only real chance to find a suitor. While Take Two boss Strauss Zelnick said this week that the $2bn bid substantially undervalues” …

While Take Two boss Strauss Zelnick has said that the $2bn bid substantially undervalues” the publisher’s portfolio, key analysts believe that Take Two is playing a dangerous game by rejecting the approach and holding out for a better offer. I would imagine there is room for negotiation,” said Colin Sebastian …

While Take Two boss Strauss Zelnick has said that the $2bn bid substantially undervalues” the publisher’s portfolio, key analysts believe that Take Two is playing a dangerous game by rejecting the approach and holding out for a better offer. TAKEOVER TIMELINE February 6th: EA CEO John Riccitiello writes to Take …

Online, in-store services and international expansion are the key foundations upon which DSGi is set to tackle difficult trading conditions, the retailer has told MCV. The Group, which includes PC World, Currys.digital and Dixons, has launched a strategic review of its business led by Boston Consulting after issuing a profit …

Movie distributor Paramount has told MCV it is ready to increase is presence in the games market – and hasn’t ruled out setting up its own publishing division. The cinema giant is owned by media conglomerate Viacom, and already licences many of its properties to publishers including Activision, Ubisoft, EA …

High data rates force mobile studioâ??s hand

PlayStation 3 has officially sold one million units at UK retail, hitting the milestone faster than PSOne or PS2. Anbd now Sony Computer Entertainment UK boss Ray Maguire is more confident than ever that the console can step up its game further in the next-gen race this year. Achieving one …

Social gaming company completes Series A round