MCV/DEVELOP News, events, research and jobs from the games industry
The losing streak for racing games is definitely over, with Test Drive Unlimited 2 on top this week. Early last year a number of high-profile racers failed to meet sales expectations, including Activision’s Blur. But a string of No.1s have seen the racing genre get back on track. Codemasters’ F1 …
Read More »GAME: We’ll triple digital revenue by 2013
GAME Group CEO Ian Shepherd has outlined the company’s Strategic Update in which he has expressed his intention to triple the Group’s online and digital revenue from 100m to 300m by 2013. The exec said that recent behind the scenes investment in GAME’s digital infrastructure will start to become apparent …
Read More »Growing Grainger guns for retail pros
The UK’s only growing games chain is on the hunt for senior retail experts to cement itself as the second-largest specialist. Grainger Games opened its 49th store yesterday (Thursday, January 27th). If you include its website it now operates out of 50 outlets. Its growth is being led by retail …
Read More »US: Xbox enjoys best ever month
Sales of Xbox 360 hardware were up an amazing 42 per cent year-on-year in the US in December, paving the way the console’s most successful ever month in the territory. In total it sold 1.86m units – significantly less than the 2.5m analyst Michael Pachter had predicted but still an …
Read More »Tesco posts 0.6% Christmas UK growth
Retailer Tesco has reported UK like-for-like sales growth of 0.6 per cent for the six weeks ending January 8th 2011. Overall UK sales were up 4.2 per cent with new store sales up 3.6 per cent. Overall Tesco Group sales were up 7.6 per cent over the period, with European …
Read More »Sainsbury’s claims big entertainment growth
A bumper Christmas that saw non-food sales grow at three times the rate as groceries has lead Sainsbury’s to declare that it is one of the fastest entertainment retailers”. The supermarket reported record Q3 sales for the three months ending January 14th 2011, with total year-on-year growth of six per …
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 »EA: Digital to overtake physical in 2011
The switch from boxed to digital goods is going to happen far quicker than most of the industry has expected, according to EA CEO John Riccitiello. In fact, the outspoken exec thinks that even by the end of this year digital revenues will exceed revenues from the sales of physical …
Read More »GameStop rules out UK shops
GameStop plans to seriously grow its share of the European games market over the next 12 months. But it will do it through new e-commerce initiatives and alternative store concepts, the global retail giant’s International EVP Mike Mauler has told MCV. "Right now we have two stores in the UK …
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 …
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