Tag Archives: closure

Studio boss responds to concerns that staff will migrate to Montreal

Entertainment giant HMV is facing troubling times as the chain revealed that it is to close 60 stores (including some Waterstones bookshops) over the next 12 months. That number represents 9 per cent of the chain’s 700 outlets. HMV has 285 shops in the UK and Ireland. Shares in the …

Less than two years after it was released on Xbox 360, Microsoft has announced that it is to close many of its dedicated support features for strategy title Halo Wars. Specifically, the next title update for the game will implement measures designed to accommodate the closure of the HaloWars.com website. …

Blockbuster UK is not closing any stores and is a profitable business, insists MD Martin Higgins.The firm broke its silence after news emerged that its US parent could face bankruptcy. MCV recently reported that Blockbuster is looking to sell its UK arm. However, Higgins has denied analyst statements that the …

UK studio Rebellion has confirmed job cuts at its Oxford base, adding that its Derby studio has now closed. Back in January the company’s Derby studio entered a consultation process whereby staff were interviewed and formally warned they may face redundancy. The full story can be read on Develop.

The European arm of rental specialist Blockbuster is up for sale, according to newspaper reports. The Scotsman claims that 50m is the asking price for the chain’s entire European network. That deal would include all 650 UK stores and 5,000 UK staffers. US finance house Winchester Capital has reportedly been …

The GAME Group has announced that it is to close 43 of its outlets owing to the the tougher market conditions that it faces in 2010”. In total, 12 GAME stores, six Gamestation stores and all 25 of its Debenhams concessions will cease trading. The result will be 247 redundancies. …

Codemasters has this morning told MCV that talk of an impending closure of its US office is incorrect, though it has confirmed six job losses at its Californian operation. Consumer website IGN last night reported that Codemasters had laid off the marketing staff at its American operations and will soon …

Following the surprise news that Future is to refrain from ABCing its games magazines today, the publisher has now confirmed that it has closed independent PlayStation title PSW. Future has told MCV that one member of the magazine’s team has already been assigned a new role within the firm, whilst …

The longstanding Swedish developer gives its final goodbye