Mind Candy avoids bankruptcy thanks to new loan agreement

Moshi Monsters maker Mind Candy has confirmed that it has had to renegotiate some of its financial agreements in an effort to continue operating. Bloomberg reports that the company has agreed to a two year extension of its 6.5m loan from TriplePoint Capital, with TriplePoint taking a 2m markdown as …

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Minecraft is getting an official third party marketplace

Minecraft’s commercial floodgates have been swung open even wider with confirmation of a new content platform. Microsoft has confirmed that Minecraft’s upcoming Discovery update will include a new Minecraft Marketplace. It will use a dedicated virtual currency called Minecraft Coins, which can be purchased via Xbox Live for real money. …

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ID@Xbox hits over a billion hours of play

Microsoft’s ID@Xbox program has come a long way since it first started in 2013. While the curated self-publishing program’s first titles included smaller indie games such as Drinkbox Studios’ Guacamelee and Nicalis’ 1001 Spikes, it’s now home to some of the biggest and most ambitious independently developed titles the industry’s …

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