MCV/DEVELOP News, events, research and jobs from the games industry
Brash Entertainment is to spearhead the convergence of film and gaming by releasing 40 blockbuster movie-based titles, all developed closely alongside their film counterparts. The growing company boasts intimate ties with Hollywood’s most prestigious movie studios – and has told MCV that gaming has become the talk of Tinseltown. There …
Read More »Xbox: ‘We can rule summer’
Tomorrow’s price drop on all three Xbox 360 SKUs will give the console the boost it needs to rule the next-gen battle this summer, Microsoft has told MCV. The platform holder has made a clear attempt to lure in famillies with the cuts, which see its Arcade model retail for …
Read More »Ingham becomes MCVUK.com Editor
Tim Ingham, erstwhile deputy editor of print publication MCV, has been promoted to editor of the magazine’s online portal here at www.MCVUK.com. Ingham will hand the magazine’s deputy editor position over to Jonathon Harker, who joins MCV from his position as editor on Gem’s Future-In-Store magazine. MCV’s reputation for video …
Read More »EA launches new $2bn cash bid for Take Twos stock
Electronic Arts is targeting Take Two’s shareholders with a tender offer to acquire outstanding stock for $26 each – the price it offered the company in its buyout bid last month . The cash bid is worth $2 billion. According to the Wall Street Journal , ‘the move signals that …
Read More »Brash signs deal with Game Republic
Ambitious new publisher Brash, which boasts a straegy solely targetting the production of licence-based games made by third-party independent developers, has signed up respected Japanese outfit Game Republic for a new title. The studio, which is headed by famed game producer Yoshiki Okamoto and is responsible for recent PS3 games …
Read More »Take Two financials – analysis
Take-Two’s bottom line results were slightly better than we expected, with lower than expected R&D and marketing expenses accounting for most of the EPS upside. On the top line, revenues were higher than expected due to significant contribution from the company’s distribution business. The company’s margins were slightly lower than …
Read More »Next-gen Mortal Kombat game coming this year
Fans of Mortal Kombat rejoice: Midway boss David Zucker has confirmed what many consumers expected – a new Mortal Kombat game is on the way this year. Nothing is known of the game or its title, but a boxed version of the title is likely to arrive on next-gen formats …
Read More »Zucker: Europe provides up to 50% of our revenues
Midway CEO David Zucker has revealed that the percentage of the company’s revenue derived from Europe has reached almost 50 per cent on some of its biggest titles. Talking in Midway’s Q4 earning call, Zucker said that the publisher’s decision to ‘go direct’ in the region had seen the figure …
Read More »UT3 and Stranglehold hit 1m sales
Midway CEO David Zucker has announced that the publisher’s new IP Stranglehold and recent FPS Unreal Tournament 3 have both sold over one million units worldwide. Rampage: Total Destruction on Wii, which was first released back in 2006, has also reached the milestone. Said Zucker: Over the last year we’ve …
Read More »Midways Q4 earnings call in full
The full transcript of Midway’s earnings call for Q4 2007 – which came in the wake of the announcement of the firm’s recent fiscal results – is available now. CEO David Zucker discusses the firm’s net losses, million-selling titles and prospects for 2008. You can read the full transcript here.
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