MCV/DEVELOP News, events, research and jobs from the games industry
GfK-ChartTrack has revealed to MCV that the Nintendo DS is teetering on the edge of a nine-million installed base in the UK. And director Dorian Bloch said that he believed the imminent launch of successor the DSi will give those numbers yet more of a boost. He told MCV: We’re …
Read More »Zavvi redundancies top 1,000
The administrator of Zavvi today announced the immediate closure of a further 17 UK stores, with 242 employees made redundant. MCV understands that brings the total number of people laid off since the firm went into administration to 1,137. Administrator Ernst & Young said it ‘continues to work closely with …
Read More »THQ cuts 600 jobs as Q3 losses hit $191.8m
THQ is to cut 600 jobs after posting a $191.8m loss for its Q3. Revenue fell 30 per cent to 357 million in the three months to December 31st. The company reported a profit of $15.5 million for the period in the previous year. The 600 job losses will come …
Read More »Are revenues coming at the expense of profits?
Looking at the sales numbers it is clear that the industry showed significant growth and most public game companies have been reporting strong revenue increases. Of course, with market conditions as they are, this growth has not translated into increased investor value. In the latest issue of the DFC Dossier, …
Read More »EA: Godfather 2 delayed
Electronic Arts has revealed that its Godfather 2 release will be delayed until its fiscal year 2010. The firm’s CEO John Riccitiello said the move would give the company more time for longer lead marketing”. The game was initially due to release next month in the UK. EA also announced …
Read More »EA on the year ahead
"We are disappointed with our holiday quarter and our FY09 performance. These results point to three conclusions, which are incorporated into our strategies going forward. In short, we need to start earlier and focus more. "Second, in this environment, we believe our operating expenses are too high and need to …
Read More »Sony rethinks media strategy
Sony Computer Entertainment Europe is reviewing its partnership with its media planning and buying agencies across Europe – including OMD in the UK. OMD and its rivals are being invited to pitch for accounts. Estimates put SCEE’s annual media spend at over 8 million for 2008. The review is being …
Read More »Edinburgh Interactive Festival dated
The Edinburgh Interactive Festival 2009 is to take place from the 10th to the 16th of August. Part of the larger Edinburgh Festival, the EIF is making a call for speakers from game development, publishing and hardware, as well as from the media, government, film, TV, and broader entertainment industries. …
Read More »UK CHARTS: Wii Fit is still number one
Nintendo’s Wii Fit has secured a third consecutive week at the top of the UK charts this week – its seventh week in total at number one. It has become Nintendo’s second best chart-topper – Pokemon Gold also made it to No.1 a total of seven times in 2001. Wii …
Read More »Bourne franchise born again via EA
New games based on the Bourne books by Robert Ludlum are to be made by EA. The publisher has forged a deal with Ludlum Entertainment, the company which manages the deceased author’s estate, after Activision-Blizzard jettisoned the licence after acquiring Vivendi Games last year. With the exclusive worldwide licence in …
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