MCV/DEVELOP News, events, research and jobs from the games industry
The industry’s finest minds descended upon AKA Bar in Holborn last night to go head to head for the crown of MCV/Xbox 360 pub quiz champions, with the team from GAME (pictured) scooping the top prize. Beating off close competition from the likes of Amazon, 505 Games and Sainsbury’s, the …
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How the music industry got it wrong: Pt 2
LESSON FOUR: Profits come from secondary sources One part of the music industry remains highly profitable – music publishing. That is the business that owns the underlying copyrights and licences it out to films, commercials, video games and other media channels. They generate revenues from ringtones, radio play, in fact …
Read More »How the music industry got it wrong: Pt 1
Games are now bigger than music at High Street retail. Something to shout about? Only if you believe that being more valuable than an industry segment which is universally acknowledged as being in terminal freefall is a cause for celebration. The games industry is in the happy position of being …
Read More »GTA IV: Biggest entertainment launch of all time
GTA IV has become the most lucrative entertainment launch of all time – dwarfing best-ever releases in music, video and literature. Take Two has confirmed that GTA IV sold six million units globally in its first week – with an estimated retail value of more than $500 million. The title …
Read More »‘Action Adventure: Part 2
You work on a game for one, two years; ship time comes and it's out of your hands. But the online model - releasing early and evolving based on feedback - could have a place in our industry, say GarageGames CEO Josh Williams and GG Networks general manager Andy Yang...
Read More »UK CHARTS: All-conquering GTA IV hits No.1
The biggest All Formats release ever, Grand Theft Auto IV , has hit the top spot in the UK software chart – outselling last week’s No.1 Wii Fit by nine-to-one. According to ELSPA/ChartTrack statistics, the Rockstar title almost broke the one million unit barrier in the week (Sunday, April 28th …
Read More »360 outselling PS3 in GTA software ‘battle’
More copes of Rockstar’s GTA IV for were sold on Xbox 360 than PS3 in the game’s first week on UK shelves – but both companies enjoyed similar success when it came to the ‘system selling’ influence of the title. That’s according to official ChartTrack figures obtained by MCV, which …
Read More »GTA IV shatters UK first-week sales records
Rockstar’s GTA IV has smashed all UK first-week sales records, according to official data obtained by MCV from industry monitor ChartTrack. The game sold 926,000 units in the five-day period between its release (Tuesday, April 29th) and Saturday, May 3rd. According to ChartTrack/ELSPA data, the title took a total of …
Read More »‘Action Adventure: Part 1
GarageGames' post-takeover decision to launch a online game portal featuring fully-fledged 3D games in-browser may have seemed a tangental venture for the previously tech-focused company. Not so, says CEO Josh Williams and GG Networks general manager Andy Yang: just as always, it's all about empowering small developers...
Read More »GAME Chairman sells £2.28m of stock
The non-executive chairman of specialist UK retailer GAME has sold 850,000 ordinary shares in the firm – making himself a total of 2.28 million. Lewis sold the stock at an average price of 269.23 pence per share. He continues to hold 66,666 ordinary shares in the company. Lewis’ decision comes …
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