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

Midway yesterday reported its 2007 full year and Q4 financials, reporting revenues down just under $10m to $157.2m for 2007 and with losses growing to $97.4m, up from $77.8m year on year. The firm announced that it had enterted into a new $90m credit agreement with National Amusements, terminating its …

GAME Group has confirmed that it won’t be closing Gamestation’s York office. The news comes after the retailer revealed two new MDs. Tricia Brennan has taken up the reins at GAME and Martyn Gibbs will now head up the Gamestation team. Both brands have had an incredible year and we …

The revamp of Infogrames and the Atari brand continues – the French firm, which owns the Atari brand and is the majority shareholder in US subsidiary Atari Inc, has offered to buy the remaining stock of the company. Atari said it had "received a letter from Infogrames Entertainment SA, Atari …

THQ has drawn back the curtains on its new Wii and DS gam: All Star Cheer Squad. Described as the ‘first ever cheerleading game’, gamers are required to use the Wii Remote and Nunchuck as well as the Wii Balance Board to perform ‘dozens’ of moves. With the explosive growth …

Ubisoft and EuropaCorp have entered in an agreement for the development of games based on the sequels to the Arthur and the Minimoys movie (Arthur and the Invisibles in the UK). The French-produced live action CG movie is to see two sequels, Arthur and the Revenge of Maltazard in 2009 …

Independent festival looking for showcase entries

MMO studio using Epic tech to power Prisontale 2

Electronic Arts has announced The Sims 2 Double Deluxe and The Sims 2 Kitchen and Bath Interior Design Stuff, due for release on April 15th. The Sims 2 Double Deluxe comes complete with The Sims 2 Nightlife Expansion Pack, The Sims 2 Celebration Stuff Pack and a bonus DVD, and …

DSGi plans to sign up top development talent in a publishing push that will see a new range of own-brand titles on its shelves by the summer. The firm intends to unveil a new gaming label and unleash the titles across its 1,400 stores worldwide as well across its online …

Says iTunes AppStore sales "a more important aspect than a lot of people understand"