MCV/DEVELOP News, events, research and jobs from the games industry
Cooking Mama, BloodRayne and Psychonauts publisher Majesco has exited the world of video games after a merger with PolarityTE. The pair will drop the Majesco name and move forward into the medical world. PolarityTE specialises in tissue regeneration technology. Its former boss Dr Denver Lough will act as CEO of …
Read More »Majesco pulls out of physical retail
Publisher Majesco has decided to exit physical retail and instead is focusing its efforts on the digital download market. That’s according to a public letter to shareholders from CEO and co-founder Jesse Sutton. In its efforts to focus on the digital market, the firm has also dramatically reduced its headcount. …
Read More »Gone Home console ports cancelled
Award-winning PC indie game Gone Home is no longer in development for consoles, developer Fullbright has confirmed. Gone Home creator Steve Gaynor stated as much to Eurogamer, explaining that Fullbright’s deal with struggling publisher Majesco and its now presumably defunct indie publishing arm Midnight City has come to a close …
Read More »Majesco admits its future is in doubt
Games publisher Majesco is struggling to stay afloat and has warned that recent losses have raised substantial doubt on its ability to continue operating. AnSEC filingstates the company laid off staff in development, game testing, marketing and support roles on October 31st. It also said the firm is currently not …
Read More »Majesco’s future in ‘substantial doubt’
Firm 'not developing any significant new games for release in fiscal 2015'
Read More »Slender: The Arrival ratings surface for PS4, Xbox One, Wii U
Slender: The Arrival is heading to PlayStation 4, Xbox One and Wii U platforms, fresh PEGI ratings suggest. The European content board rated the game 12-and-up for Sony, Microsoft and Nintendo’s latest console offerings – though the listed release date range of October 23-24 has been proven false. The listings …
Read More »Shadow Warrior reboot arriving on PS4 and Xbox One in September
The 2013 reboot of Shadow Warrior is coming to current-gen consoles later this year. The distributors for the game, Devolver Digital and Majesco Entertainment, confirmed that Flying Wild Hog’s resurrection of the bloody 90s first-person shooter would be released on PS4 and Xbox One this September. The studios added that …
Read More »Sharknado: The Video Game is a real thing
Did you know there’s going to be another Sharknado film? There is. And now there’s going to be a game too. Syfy’s 2013 b-movie outing Sharknado was for reasons unfathomable to man a cult hit. So much so, in fact, that the station will on July 30th debut Sharknado 2: …
Read More »Majesco eyes reverse stock split to avoid Nasdaq delisting
Publisher attempts to bring share price above $1 minimum
Read More »Majesco plans reverse stock split to dodge delisting
Cooking Mama and Zumba publisher Majesco is readying to appeal a Nasdaq stock delisting expected next week, as the firm is currently trading under the $1/share minimum. Majesco Chief Financial Officer Michael Vesey told Joystiq the company will seek a reverse stock split between 1-for-3 and 1-for-10 with shareholders in …
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