MCV/DEVELOP News, events, research and jobs from the games industry
Take-Two has reported a near doubling of revenue of $415.8m for the quarter ending December 31st 2012. Digital revenues climbed by an impressive 244 per cent, accounting for 23 per cent of the company’s overall non-GAAP revenue. Net income for the period climbed from $14.2m last year to $70.9m. Borderlands …
Read More »Dead Island sales reach 5m units
Publisher Deep Silver has confirmed that global sell-through numbers for 2011 release Dead Island have hit 5m units. Furthermore, the company seems very pleased to have hit the milestone without simply throwing endless cash at the game. While others focus on ever-increasing development budgets and driving brand messages via ballooning …
Read More »Nintendo’s digital sales stand at £75.6m for current financial year
Digital sales across Nintendo platforms currently stand at 11.1bn for the current financial year. That equates to 75.6m in real money. The figure puts Nintendo on track to beat the record digital revenues it posted in 2010, when Wii was riding high as the DSi was fresh on the market. …
Read More »Capcom almost halves DmC sales expectations
DmC: Devil May Cry is going to fall well short of Capcom’s initial expectations for the game. Capcom had originally forecast sales of 2m units by the end of its financial year. That has now been lowered to just 1.2m units, Eurogamer reports. In its first week on sale in …
Read More »Tough console market sees Square Enix report loss
Square Enix has reported a net loss for the nine months ending December 31st. It blamed the result on what it described as the increasingly difficult condition of the world-wide console game market, under which the Group is struggling to achieve a fair expected return on its investment”. Net loss …
Read More »Capcom profits soar despite Resident Evil 6 "failure"
It’s been a good for the first three quarters of Capcom’s financial year despite what the company itself describes as the failure” of Resident Evil 6. Net sales for the period ending December 31st 2012 soared 44.6 per cent at 72,699m while operating income jumped 45.9 per cent to 9,838m. …
Read More »EA announces Madden NFL 25, franchise sales at 99m
EA is closing in on a couple of milestones for its Madden NFL franchise. The publisher has announced that the game will celebrate its 25th anniversary by ditching the upcoming season’s year in the title for Madden NFL 25. The game is set to launch on August 27th. EA has …
Read More »Packaged sales down and digital up as EA claims iOS crown; FIFA smashes records
EA has reported a decline in revenues for FY13 Q3 with a surge in digital sales unable to offset a decline in physical games sales. Digital net revenue for the quarter ending December 31st climbed from $274m last year to $321m, but revenue from packaged goods fell from $738m to …
Read More »Revenues up and profits down at Amazon
Online retailer Amazon has reported a sharp drop in net income for the three months ending December 31st. The period saw income of $97m, down significantly from the $177m it reported in the same period last year. Revenues, however, are up from $17.43bn to $21.27bn. Ebooks were credited as the …
Read More »Xbox 360 claiming lion’s share of GameStop DLC sales
65 per cent of DLC sales in GameStop stores are for Microsoft’s Xbox 360, the retailer has revealed. PS3 accounts for 28-30 per cent, with other devices” accounting for the rest. Expect the bulk of those latter sales to be claimed by Steam, which is unsurprisingly gathering momentum. "I would …
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