MCV/DEVELOP News, events, research and jobs from the games industry
UPDATE: An official spokesperson from the US GameStop office has contacted MCV with the following statement: These comments from an unnamed and unknown person claiming to be a GameStop employee are inaccurate. Pre-owned is the cornerstone of our business and, as you say, a key driving force for us. Both …
Read More »Pre-owned drives HMV games growth
HMV has stated that despite what it describes as a very challenging year” for the video games market that saw it decline 25 per cent year-on-year, the retailer has gained market share in the sector – thanks in part to an increasing contribution” from its pre-owned offer Re/Play. Overall sales …
Read More »EA Sports: Its our job to make you not want to trade in
One thing I have to do, and it’s my job, and my development team’s job, and my marketing team’s job, is make you not want to trade the game in.” Those are the words of EA Sports boss Peter Moore. The publisher has been one of the leading lights in …
Read More »Pre-owned blamed for market decline
The growing trade in pre-owned games is the driving force behind the High Street’s struggle to combat year-on-year declines in video games sales, according to a report by analyst group Cowen and Company. The study compares the current hardware userbase of the PS3 and Xbox 360, which it claims at …
Read More »Game Trading Technologies ramps up
The second hand games reseller believed to be behind Best Buy’s fresh tirade on the US pre-owned games market has filed an S-1 for common stock offering as it looks to boost the mass-market credentials of the sector. Game Trading Technologies is a fast-growing business that deals with the acquisition, …
Read More »Best Buy commits to pre-owned
Big box retail specialist Best Buy is to take the commitment it has shown to pre-owned games in the UK and roll-out a second hand games offer to all of its US stores from the end of the summer. As a result, shares in rival games specialist GameStop fell over …
Read More »US: Pre-owned, digital grabs 1/3 of market
New research from US stats body The NPD Group claims that in 2009 US consumers spent a total of $4.5-4.75bn on pre-owned games, game rentals, subscriptions, digitally downloaded games, DLC and mobile apps. That’s around a third of the estimated $15bn US spend on video games last year. The numbers …
Read More »GAME offers Xbox Slim trade-in deals
UK retailer GAME doesn’t just see the Xbox 360 Slim as a chance to sell the console to a wider audience – it wants to sell the console to existing Xbox owners, too. Speaking via Twitter, the retailer stated: Looking for our trade-in deals for the new Xbox? We will …
Read More »E3 2010: Kotick eyes $3bn pre-owned market
Activision CEO Bobby Kotick has told investors that the publisher wants a slice of the $3bn pre-owned games. Speaking at the Activision E3 2010 investor conference he said: Today there’s a $3bn used game market that we do not participate in. If we look at the share of market we …
Read More »Argos clarifies pre-owned ambitions
Retailer Argos has confirmed to MCV that its pre-owned trial revealed in March has not been rolled out nationwide… yet. However, Argos has selected a number of key titles that consumers will be able to buy at a discounted rate if they trade in a combination of a specific selection …
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