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

Consumer spending in games has increased 72 per cent between 2007 and 2016, but physical spending has fallen by 54.9 per cent during the same period, according to a new report from the Entertainment Retailers Association (ERA). Boxed games are now worth less than half their value in 2007, totalling …

Sony is on the verge of halting PS3 production in Japan. Gematsu reports that the Japanese product page for the 500GB charcoal black PS3 reveals that manufacturing of the device will come to an end soon”. As the only PS3 currently in production for the region, that ultimately means the …

Production targets for the Switch have reportedly been doubled thanks to strong demand for the machine. The Wall Street Journal reports that Nintendo has doubled the number of Switch consoles it intends to manufacture in 2017 from 8m to 16m. This is due to higher than expected demand. Nintendo now …

The team behind PlayStation Access, PlayStation UK’s award-winning YouTube channel, is to leave its current home at The Yogscast to form a new video-focused creative agency called We Are Reach, MCV can reveal. PlayStation Access will continue to be the team’s main focus at We Are Reach, but the move …

Sony has confirmed that its PS4 exclusive Horizon Zero Dawn has already surpassed 2.6m sales worldwide after just two weeks on shop shelves. This makes it the best-selling new first party IP launch on the PS4 to date and developer Guerrilla Games’ biggest ever debut. "We knew Horizon Zero Dawn …

The UK games industry may be worth a record-breaking 4.33bn according to Ukie’s annual industry valuation this morning, but a new report from IHS Markit paints a slightly gloomier picture for the worldwide console market. The worldwide console market shrunk by 2.5 per cent in 2016, contracting to a consumer …

Favro and Hansoft split, but they're still friends

GAME has announced it’s to become an official games partner of the British Academy of Film and Television Arts. The partnership will see GAME support BAFTA’s upcoming Games Awards evening, which is due to be held on April 6th at Tobacco Dock during the London Games Festival, as well as …

Ubisoft’s Ghost Recon Wildlands has displaced The Legend of Zelda: Breath of the Wild in the Japanese Top Ten to claim last week’s No.1 spot, according to the latest data from Famitsu. Ubisoft’s open world title sold 94,017 copies in its first week on shelves, while Breath of the Wild …

THQ Nordic and Wired Productions have announced a retail partnership for two upcoming titles: Heamimont Games’ action RPG Victor Vran: Overkill Edition and LKA’s first-person psychological thriller The Town of Light. Both titles will feature numerous enhancements over their digital PC counterparts, and the partnership will also see both titles …