MCV/DEVELOP News, events, research and jobs from the games industry
Moshi Monsters Magazine has become the best-selling children’s publication in the UK with a monthly circulation of 113,748. The magazine was launched in February by Skyjack Publishing after it struck a deal with Moshi Monsters creator Mind Candy. It’s based on the popular online monster-collecting kids’ game which has 50m …
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iGEA hosts successful industry briefing event
The Interactive Games and Entertainment Association (iGEA) held an industry briefing in Sydney yesterday to give an overview of the market. The event housed publishers, retailers, journalists, college representatives and for the first time the Attorney-Generals’ department, and presented the 2011-2015 media outlook by PriceWaterhouseCoopers the latest findings from Roy …
Read More »GameStop profit dips 23% in Q2
Retail giant GameStop saw year-on-year profit fall from $40.3m to $30.9m during its fiscal quarter ending July 30th. Total sales dipped 3.1 per cent to $1.74bn for the quarter from the $1.8bn generated during the same period last year. Digital sales increased 69 per cent. However, profit before tax and …
Read More »UK software sales monitor: Market makes £9.64m
It’s no surprise that the UK games retail market has suffered its worst week in a long time – ten years, in fact. 9.64m was generated from game sales last week, ten per cen down week-on-week.526,351 game units were sold – again, the lowest amount since the summer of 2001. …
Read More »Japanese appetite for Xbox 360 on the wane
Though Xbox 360 continues to perform astonishingly well for its age in the West, its fortunes in Japan are looking increasingly grim. Edge reports that sales of the console are down 46.7 per cent year-to-date in Japan at 72,271 units. By contrast, PS3 has this year sold 735,637 units in …
Read More »HMV predicts big PS3 boost in UK
The newly-announced PlayStation 3 price cut will provide a substantial sales boost” to the UK games market, says HMV. Sony revealed at its Gamescom press conference this week that the console will now retail at 199.99. The price cut has taken effect immediately. Speaking to MCV, HMV’s head of games …
Read More »Analyst: Australian videogame prices to drop 40% by 2012
According to a report at GameSpot, Rob Blythe, analyst with Macquarie Bank, predicts the inflated cost of videogames in Australia won’t last long. The report from Macquarie Bank’s Equities Research, which analyses Australia’s predisposition to spending online, asserts that the strong dollar and Australia’s failure to fall into line with …
Read More »PS3 hits £179 – price roundup
Retailers have begun adjusting the prices of their PS3 stock following Sony’s announcement of a price cut to the machine last night. The new RRP for the machine stands at 199.99 for the 160GB model and 249.99 for the 320GB, but predictable many retailers have chosen to undercut this. Play.com …
Read More »GAME reveals new PS3 pricing
GAMESCOM: Retailer GAME has revealed its new pricing strategy for the PS3 following Sony’s decision to slash the price of the console. The standalone price for the 160GB model will be 199.99. The 320GB machine will retail for 249.99. These prices can be cut to 179.99 and 229.99 respectively when …
Read More »GameStop banking on resurgent PC games market
Digital distribution will help reinstall PC as one of the dominant platforms for core games, according to GameStop. The firm has invested heavily in download and streaming technologies in the last year as audiences get a better handle on digital gaming. And speaking to MCV, digital distribution boss Steve Nix …
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