MCV/DEVELOP News, events, research and jobs from the games industry
The full transcript of Take Two’s earnings call – which came in the wake of the firm’s fiscal posting last night – is available now. Company bosses, including chairman Strauss Zelnick, discuss the firm’s Q1 loss, EA’s recent bid, the future of Grand Theft Auto and more. To read the …
Read More »BioShock 2 officially confirmed
As part of its financial announcements today, Take Two confirmed the invevitable : that a sequel to its best-selling BioShock is in development and is due next year. For the full story, head over to our sister site Develop.
Read More »Revenues down and losses grow for Take Two
Take Two has announced its financial results for its first quarter ended January 31st, with revenues down year on year from $277.3m to $240.4m – although the firm said that Q1 2007 had benefited "from more new game releases", hence the drop. The firm’s sales were led by a number …
Read More »Q&A: GAME boss Lisa Morgan
Following the news that Gamestation’s York HQ would not be closing as part of the Gamestation integration and the appointment of two new MDs for each chain , GAME CEO Lisa Morgan spoke exclusively to MCV to give us the full story of what’s happening at the leading specialist. Take …
Read More »QUICKFIRE Q&A: GAME
What factors do you think have contributed to GAME Group outstripping its previous sales targets? We are very confident with the Group outlook for the year to 31 January 2009. The business is performing very well, both Internationally and in the UK, and the Gamestation integration is going very well. …
Read More »Now its game on for Weinsteins
Hollywood’s march into the games industry continues unabated: the American production company Genius Products, the majority shareholders of which are Miramax founders the Weinstein brothers, is moving into the games market. Take a look at the full story over on Develop.
Read More »Chris Lewis steps up at Xbox Europe
European boss of Xbox Chris Lewis has been promoted to Vice President, Interactive Entertainment Business EMEA for Microsoft. The new role will see Lewis add two more vital strings to his bow, taking complete responsibility for Microsoft’s interactive business in the region – including the firm’s development teams and Xbox …
Read More »Microsoft: We own 42% of all next-gen revenues
Microsoft has staked its claim as the market leader in the console space with two bold claims this morning – not least that it has taken over 40 per cent of ‘life-to-date’ revenue across hardware, games and peripherals sales. In addition, the firm has confirmed a whopping 17.7 million global …
Read More »Microsoft confirms Xbox 360 price cut
MCV had it right last week : Microsoft has confirmed that it will drop the price of all three Xbox 360 SKUs in the UK and across Europe on Friday. The estimated retail price (ERP) for its entry-level Arcade SKU has dipped to €199.99/159.99 – a drop of €80/50. The …
Read More »Take Two protects employees from EA takeover
Take Two announced a generous severance package for its employees as a result of EA’s $2 billion bid for the company. The Financial Times reports that in a regulatory filing late on Friday, Take Two said its Board had approved a package for employees in the event that they lose …
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