MCV/DEVELOP News, events, research and jobs from the games industry
Firstly, can you give us an update on the progress made by the Sony games business this year?Two years ago we lost $2bn dollars globally on the SCE business – we thought at the time it was a lot of money, but in perspective with things like Citibank it’s not …
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GameStop depends on core gamers
GameStop will be relying on core gamers to help it through this difficult Christmas period, as the economic recession causes the usual customer shift to be less predicatable than in previous years. The retailer has cut its earnings targets for its fiscal fourth quarter – but the company’s chief executive …
Read More »UK software market to hit £1.9bn in ’08
It’s already been a record-breaking year for video games sales in the UK, with unheard of Q1, Q2, and Q3 sales – and the market’s total value for the year has already beaten 2007’s value, MCV can reveal. The UK software market is on course to toast another record-breaking year, …
Read More »Football Manager goes Live in January
Following the huge sales of Football Manager 2009, Sega will launch its first MMO – Football Manager Live – on January 23rd, MCV can reveal. The game will receive a full retail launch – with the boxed product featuring four months’ subscription for 29.99. And Sports Interactive’s MD Miles Jacobson …
Read More »Bids received for 300 Woolies stores
Woolworths administrator Deloitte has revealed that food, clothing and budget retailers are amongst those that have made bids for 300 of the company’s prime locations. And despite over 500 stores still being yet to receive a firm offer, joint administrator Neville Kahn said today that he was confident Woolworths would …
Read More »Woolworths to slash over 60% off some items
Woolworths administrator Deloitte has revealed that the retailer will start slashing prices on products by over 60 per cent in the lead-up to the New Year. The firm’s Neville Kahn today revealed that over 50 million new stock items – including entertainment and toys – were being shipped into stores …
Read More »Administrator chasing up Zavvis EUK debt
EUK administrator Deloitte has refused to confirm the amount of money that Zavvi owes the distributor – but has said that it will actively chase up” the entertainment retailer’s debt. EUK and Woolworths joint administrator at Deloitte Neville Kahn said: Zavvi is one of the major customers that owes money …
Read More »Amazon silent on games downloads
Online retail giant Amazon has refused to rule out the possibility of video games downloads becoming available on the site in the New Year. Amazon launched its online music downloads service – a direct rival to iTunes – on December 3rd. Amazon MP3 sells tracks from 59p and albums from …
Read More »Wii is UKs most searched for Christmas gift
Nintendo has once again dominated the UK’s festive online shopping searches, with the Wii and DS Lite becoming the first and second most searched for products online in November, according to date from retail analysts Hitwise. The pair overtake October’s leader Wii Fit, though that remains the most searched for …
Read More ȣ8m loss for Comet
Kesa Electricals has revealed that its UK chain Comet made a half-year loss of 8.1m for the period up until October, with the retail chain blaming deteriorating market conditions for the results. That was in stark contrast to its 10.6m profit for the same period in 2007. MCV’s sister publication …
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