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

Sony will sell around $2.9 billion worth of shares from its insurance unit, freeing up a huge amount of capital that commentators have asserted could be injected into its game business, possibly precipitating a PS3 price cut. Sony could use the funds for various options to strengthen its electronics and …

Deal with Engine Software for DS and GBA audio engine Replayer

Australian online tech powering new free UK-made real-money shooter

Talk of UK industry shrinkage "not appropriate" says director of Media Molecule and FreeStyle

Prime Minister Gordon Brown has jumped two-footed into the debate on violent video games – promising to review new rules for the advertising and sale of software to children. According to the Daily Mirror, Brown said he was ‘aware of growing concern about the effect of screen violence on youngsters’, …

After this morning’s confirmation that the UK publisher is in preliminary talks with a third party in relation to a possible offer for the company, Thisismoney.co.uk has claimed that EA, Warner and Ubisoft are in the running for the company. Shares have already jumped from 37.5p to 375.5p in the …

According to Games Industry , online gaming revenues in Asia are predicted to reach $2.5 billion by the end of next year, a growth of around 20 per cent on last year’s figures. ‘Online Game Publishers in Asia’, a new report by Pearl Research, states that ten online publishers crossed …

The man who replaced Doug Lowenstein as president of the US Entertainment Software Association has called on the wider industry to raise the profile of video games amongst politicians and mainstream opinion formers. Michael D Gallagher told The Washington Post that: Video games are not getting the type of recognition …

There’s no doubt that Sony dominated the headlines at Leipzig – it was, to be honest, the only platform holder to truly embrace the new-found importance of Leipzig in the wake of E3’s dramatic streamlining. Taking centre stage was David Reeves, who, despite a couple of autocue issues, put in …

Event to feature Gears of War writer and Final Fantasy XII composer