MCV/DEVELOP News, events, research and jobs from the games industry
EA CEO John Riccitiello has spoken positively about the firm’s last financial quarter which its position as the No.1 PS3 and Xbox 360 publisher in the world in 2011. This was the kind of quarter a CEO loves to report,” he told investors. It is one which generated our highest …
Read More »GAME hints at possible international sell-off
UK retailer GAME has hinted at the possible sale of some of its international operations as it continues to fight for its life in the UK. In response to press speculation the GAME Group confirms that it is in ongoing dialogue with its lending syndicate to reach agreement on revised …
Read More »Sony Consumer Products report $1.099bn Q3 loss
The Consumer Products & Services division of Sony, which houses amongst other things its PlayStation business, has reported a loss of $1.009bn for the quarter ending December 31st 2011. Overall sales at the unit reached $12.776bn – an annual decline of almost 25 per cent. Amongst other things, the increased …
Read More »EA losses narrow as 2m buy Star Wars: Old Republic
You could almost smell the desperation in some quarters of the game press for EA’s Star Wars: The Old Republic to fail. Well guess what? It’s been a huge hit. Since its release in December the game has sold in excess of 2m copies worldwide, with 1.7 players signing up …
Read More »EA recognises the implications of potential GAME collapse
Publishing powerhouse EA last night admitted to concerns about the financial health of a "major European retail partner" thought to be GAME. As reported by MCV yesterday, GAME has been rocked by credit insurance issues forcing it into negotiations with publishing partners to secure stock of upcoming releases. "We are …
Read More »MMO stalwart EverQuest making F2P switch
Nearly 13 years after it first hit the market, Sony Online Entertainment has decided to convert EverQuest into a free-to-play title. A number of new payment options will be introduced. Standard all-you-can-eat subscriptions will remain an option, but a F2P version supported by microtransactions will also be available. Those who …
Read More »SPIL users fork out £38 per month on virtual goods
Free-to-play customers are spending up to 38 a month on virtual goods in games from publisher Spil Games, according to the social games company. It also claimed that since breaking into the casual games market in July 2011, it now has more than 170 million unique users playing its games …
Read More »Rumours point to mass layoffs at THQ
Online chatter pointing to an impending announcement of significant layoffs at THQ is quickly gathering pace. Talk intensified last night after analyst Kevin Dent claimed that the publisher would soon be announcing 170+ layoffs spread across its various operations. Note, though, that Dent was also the source of claims that …
Read More »New releases WILL be at GAME this Friday
Rumours that this week’s big releases will not be available in GAME are untrue, MCV can confirm. Metal Gear Solid: HD Collection, Final Fantasy XIII-2 and Soul Calibur V are currently being processed by the retailer, despite claims circulating in the consumer press. However, MCV can also confirm that GAME …
Read More »New president for Konami Europe
Konami has announced that former US president Shinji Hirano has replaced Kunio Neo as its European president. There’s no word yet on Neo’s new role. Hirano will work from Konami’s Frankfurt HQ and liaise closely with the London, Paris and Madrid offices. He will oversee business strategy for core games …
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