MCV/DEVELOP News, events, research and jobs from the games industry
Though it insists that its half-year financials (which are due to be published on May 20th) should meet its previously published expectations, Future has issued a cautious pre-close trading update. Games, which comprises 30 per cent of group revenue, continues to experience a very tough market and difficult comparatives,” a …
Read More »Ubisoft reports drop in sales
French publisher Ubisoft has reported sales of €661m for the nine months ending December 2009, a 22.5 per cent year-on-year decrease. Sales for its Q3 hit €495m, down just 2.7 per cent compared to the same period in 2008. 48 per cent of sales in the period came from the …
Read More »Profits up 866% at Capcom
Capcom has reported net profits of YEN 1.73bn ($19.1m) for the nine months ending December 31st 2009 – a whopping 866 per cent increase on the same period a year before. Net sales hit YEN 49.98bn ($554m) in the period, up five per cent year-on-year. Star performers included the Monster …
Read More »Game publishers foresee financial upturn
The UK games industry was hit hard by the recession in 2009, and now leading execs are hopeful that the worst is behind them. We hope that coming out of an often rocky and uncertain 2009, we as an industry can go into 2010 with the worst of the world’s …
Read More »Trade looks to happier New Year
The UK games industry is looking to bounce back from a difficult 2009 – with improved Government relations key. Leading industry figures have told MCV that they hope whoever wins the upcoming election will continue to work with the trade. Whomever is leading the Government after the summer, I hope …
Read More »PSPgo sales ahead of Sonys forecasts
Despite its controversial decision to ditch UMD functionality with the recently released PSPgo, Sony has claimed that the device has sold more than it had expected at this early stage in its lifecycle. We are over-forecast on what we thought we’d be selling on PSP Go, so we’ve been very …
Read More »Activision Blizzard earnings ahead of expectations
Ahead of the release of its upcoming quarterly report, publisher Activision Blizzard has said that net revenues are likely to be in excess of the $860m it had previously predicted. As a result, it now forecasts net revenues of $4.2bn for the full fiscal year. Global consumer response to the …
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