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

Sony’s games division has reported operating losses of 120 million (29.2 billion Yen) for its first quarter of 2007 after a difficult period for the console, reports The Times – more than double the loss for the same period in 2006. Sony said that it shipped 710,000 PS3 game consoles …

Xbox is set to drop the price of the 360 HD-DVD add-on from $199 to $179 on August 1st in the US, reports Next Generation . The firm will also offer five free HD-DVD movies with the hardware from a selection of 15 titles, which is an extension of Toshiba’s …

Microsoft’s director of technical strategies Andre Vrignaud has predicted that Sony will launch a cut-price 40GB PS3 this Q4 in an effort to maintain competitiveness in the next-gen console war. Speaking to N’Gai Croal at Level Up, Vrignaud stated: A single, $599 SKU would be untenable – if they don’t …

Though knowledge of Xbox 360’s exclusive Grand Theft Auto IV content has been widespread for quite a while, whether or not PS3 would receive anything similar remains a matter of debate – though a recent admission from Rockstar indicates that nothing is currently in the works. CVG reports that when …

DEVELOP CONFERENCE: Chris Kingsley says developers reliant on others' tech are hamstrung

Vivendi has issued its financial report for the first half of the year – and the sales growth of the company’s games division is outstripping that of the overall company. In total, Vivendi enjoyed revenue growth of little more than 6 per cent for the six month period up to …

DEVELOP CONFERENCE: Lively session sees industry luminaries consign ugly game design to the dustbin

School pupils will be able to learn the history of games in qualifications equivalent to a GCSE or A-Level as part of new Government plans. 14-year-old students will soon have the chance to choose a media course at school; part of which will ask them to examine ‘the historical development …

The Hollywood Reporter has predicted that Microsoft will drop the SRP of Xbox 360 by $50 in the US on August 8th this year – and credited the information to an unnamed retail source. The publication notes that a price drop at this time would arrive shortly before the release …

DEVELOP CONFERENCE: UKTI survey of developers reveals ugly truth of the publishing paradox