MCV/DEVELOP News, events, research and jobs from the games industry
Japanese publisher Konami has reported a quarter of declines for the three months ending December 31st 2010. Revenue was down 1.4 per cent year-on-year at Y188,308m while operating income fell 50.6 per cent to Y16,541m. Net income was Y9,615m, down 9.5 per cent. However, this is a big improvement on …
Read More »NPD: US market down 5.7% in 2010
The latest numbers from US games tracker NPD have shown that the US video games market declined 5.7 per cent year-on-year in 2010. This means that of the world’s leading video games markets the US market declined less the least. The Japanese market shrank by nine per cent in 2010 …
Read More »GAME posts 9.7% UK sales decline in 2010
The GAME Group has reported a total sales decline of 12.3 per cent for the 49 weeks ending January 8th in the UK and Ireland. On a like-for-like basis the UK drops hit 9.7 per cent. The Christmas period was more successful for the chain, however, with UK and Ireland …
Read More »US: Analyst predicts Wii December victory
Wedbush Morgan analyst Michael Pachter has predicted that Wii emerged as the best selling home console of December in the US. Overall he reckons Nintendo’s machine sold 2.6m units. Just behind it, he foresees Xbox 360 sales of 2.5m units – more than double his predicted PS3 sales of 1.2m …
Read More »Music genre plummets by 75% in two years
The value of the console music genre has decreased by a massive 75 per cent in the last two years, according to a new study. Gamasutra reckons the genre – which includes titles such as Guitar Hero and Rock Band – was worth over $16bn in 2008. In 2010 that …
Read More »NPD: October down 4% year-on-year
American sales tracker NPD has announced that the US video games market was worth $1.07bn in October 2010 – that’s four per cent down on the same month in 2009. Year-to-date US gaming has made $11.07bn, eight per cent less than it had at this stage last year. Hardware saw …
Read More »LGC 2010: New consoles wont save market slump
A fresh trio of game consoles released in the next few years won’t be enough to stop a seven-year slump in the games market, a leading games analyst has said. Screen Digest chief analyst Ben Keen said the game industry faced structural challenges”, with the UK sales not expected to …
Read More »UK dev workforce falls 9%
A stabbing wake-up call was dealt to the UK games industry today with new independent data revealing that the sector’s workforce has contracted by nearly nine per cent since 2008. The extraordinary rate of decline – revealed for the first time in the latest issue of Develop – represents thousands …
Read More »US: September numbers show more decline
The total value of the US games market hit $1.22bn in September, down from the $1.32bn seen in the same period the year before. Hardware was the largest victim, with revenue down 19 per cent year-on-year at $383m. Console software was down six per cent at $614m while unit sales …
Read More »UK Wii revenues decline 40%
Following dips in both sales and revenue at leading UK games retailer GAME, the chain has pegged Nintendo’s hardware duo of Wii and DS as one of the main drivers of the dip. Specifically, GAME and Gamestation stores have seen a 40 per cent decline in hardware sales of the …
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