UK publisher Zushi Games has confirmed to MCV that it has entered administration. The company’s co-founder and chairman Ian Stewart declined to comment further until the ongoing litigation processes are complete. According to Companies House’s listings, Zushi Games officially entered administration on March 18th and has a receivership action against …
Read More »CDV AG files for preliminary insolvency
Publisher CDV’s German parent company CDV Software Entertainment AG has filed for preliminary insolvency, MCV can reveal, in a move that it hopes will secure the future of the company. A source close to the situation speaking under strict anonymity has confirmed that affiliate companies such as CDV UK Ltd, …
Read More »Sales boom puts EA back on top
It’s been a bumper 2010 so far for EA, thanks to a 3.6 per cent year-on-year rise in sell through for the publisher. The latest numbers from ELSPA GfK Chart-Track show EA claim 19.1 per cent of the year-to-date UK software market, driven in no small part by a highly …
Read More »Random House sets up games team
One of the largest names in book publishing has reportedly set up an internal games-focused team with then intention of creating original stories specifically for video games, as well as offering narrative advice to developers. WSJ reports that Bertelsmann’s Random House unit is looking to sell two original games projects …
Read More »Bosses cautious about end of recession
The UK may be out of the recession – but publisher bosses are mindful of a slow recovery for video games.UK GDP rose just 0.1 per cent during Q4 2009, and industry heads are wary of the prospect of a ‘double dip recession’ – where the UK economy re-enters a …
Read More »Koch targets US success
Koch Media wants to be a global games force, with US success the vital next step for the firm. Deep Silver – Koch’s publishing label – has teamed up with SouthPeak Games to help boost its presence in North America. The US firm will work with Koch on marketing, retail …
Read More »Ichan snaps up more Take-Two shares
Talk of an imminent buyout of Rockstar owner Take-Two has gained more weight with news that American billionaire Carl Icahn has purchased over a million additional shares in the publisher over the past three days. The new purchases mean he currently owns just over 12 per cent of the company. …
Read More »INTERVIEW: Jagex
CEO Mark Gerhard details the developer's move into publishing
Read More »Infinity Ward: Studios must seize control of PR
Developers can remove the â??lame PR shitâ?? if they take command
Read More »SouthPeak losses hit £12.1 million
SouthPeak has posted a $12.1 million profit loss for the 2009 fiscal year ending June 30th. However, units sales were up 100 per cent and net revenues rose from last year by $7.2 million. The firm’s losses were put down to 12.5 million investment into IP and game development for …
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