UK entertainment retail is facing another huge blow, with reports that Blockbuster is to enter administration. MCV sources have informed us that management had already been planning to shut in the region of 150 UK stores over the next six months. The retailer is understood to be sitting on significant …

Square Enix and Microsoft are delighted by their success at UK retail last year. Square Enix told MCV last year that Hitman Absolution would be a Top Five game of 2012 and the firm delivered on that, with its stealth shooter reaching No.5. The firm also had the top selling …

An enraged grandfather yesterday stormed out of a Dublin HMV store with three games in hand after staff refused to accept his voucher. The Irish Independent reports that Eric Nolan purchased a €40 HMV voucher for his grandson for Christmas and was attempting to spend it on three games. However, …

HMV’s Gamerbase concessions could be rescued even if the retail giant closes. The tournament zones – which can be found located besides HMV stores in London, Manchester, Glasgow or Edinburgh – has already attracted attention from at least one prospective buyer, MCV has been told. Although no official approach has …

The cost to the UK video games market should HMV fail to find a buyer could be as little as four per cent. That’s thanks to HMV’s relatively small share of the UK games market. Nonetheless, its demise would theoretically leave the High Street with just a 16 per cent …

HMV boss Trevor Moore may have delivered an upbeat message to journalists yesterday, but administrator Deloitte has warned that it’s a tough market for entertainment retailers at the moment. The retailer is burdened by around 200m of debt and still seems to be appealing to the goodwill of suppliers in …

Telltale Games’ episodic adventure game The Walking Dead was the surprise hit of 2012, picking up several game of the year awards, and if you weren’t too keen on a digital purchase, you can now buy it on disc in India. The PS3 version of The Walking Dead is now …

The owner of HMV Canada is reportedly interested in acquiring some of the troubled chain’s UK stores. The Financial Times reports, however, that Hilco has not yet been approached by administrators Deloitte. The paper adds that as well as asking suppliers for a 300m bailout prior to falling into administration, …

The sales keep coming at Game4u. After holiday sales on boxed and digital games, the retailer has now launched a two-month end of season sale. From now until 28th February, the retailer is offering up to 50% off on over 60 titles, including Far Cry 3, Hitman: Absolution, Assassin’s Creed …

Kim Bayley, the director general of the Entertainment Retailers Association, has claimed that HMV is too important for music and video companies to let it disappear. Highlighting that physical sales still account for 75 per cent of those markets, Bayley argues that HMV’s potential loss from the High Street would …