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

Argentina is the third biggest market in Latin America with $409m (333m) in revenues, behind Brazil ($1.3bn) and Mexico ($1.1bn), Newzoo reports. In 2016, Latin America only represented four per cent of the global games market, with revenues reaching $4.1bn (3.3bn), but it was also the fastest growing market in …

Nintendo has cut its profit forecasts for the financial year after its second quarter earnings release showed that the company lost around $50 million over the last few months. The release showed that Nintendo’s revenue for the quarter was around $1.32 billion, which was down 33% compared to the same …

Drag and drop adventure game maker challenges teens to get into game development

Rockstar has removed trillions of dollars from the GTA Online economy after taking away any cash made through mods or hacks. Any illegitimately gained in-game money has been removed from players’ accounts, with some accounts being reset to $0. This has mainly been targeted at those who have used external …

Three founders have experience with Oculus, ID and Microsoft

Former MCV and Music Week writer and publisher named associate director, andVideoGamer boosts editorial team. Bastion hires Dave Roberts The PR outlet has appointed Dave Roberts (pictured, right) former publisher of Music Week, as associate director. Joe Breckenridge (pictured, far right) has also been brought on board as an intern. …

Five in the video game industry make the prestigious list

Turtle Rock has announced that it will no longer work on Evolve, despite recently releasing a big update on PC that made the game free to play. In a post on the Evolve forums studio co-founders Chris Ashton and Phil Robb announced that they were moving away from Evolve, after …

Apple has announced that its annual sales and profits have fallen for the first time in the last 15 years. Apple’s financial report stated that sales of its devices totaled $215.6bn, which is a drop of around 8% when compared to last year’s $233.7bn of sales. Unsurprisingly this drop in …

£700,000 in cash and 65,000 shares in the deal bringing the Brighton-based outfit to Keywords' empire