MCV/DEVELOP News, events, research and jobs from the games industry
Telltale Games’ episodic adventure game The Walking Dead was the surprise hit of 2012, picking up several game of the year awards, and if you weren’t too keen on a digital purchase, you can now buy it on disc in India. The PS3 version of The Walking Dead is now …
Read More »Hilco linked to HMV store acquisition
The owner of HMV Canada is reportedly interested in acquiring some of the troubled chain’s UK stores. The Financial Times reports, however, that Hilco has not yet been approached by administrators Deloitte. The paper adds that as well as asking suppliers for a 300m bailout prior to falling into administration, …
Read More »Game4u launches end of season sale
The sales keep coming at Game4u. After holiday sales on boxed and digital games, the retailer has now launched a two-month end of season sale. From now until 28th February, the retailer is offering up to 50% off on over 60 titles, including Far Cry 3, Hitman: Absolution, Assassin’s Creed …
Read More »ERA: "This may not be the end of HMV’s story"
Kim Bayley, the director general of the Entertainment Retailers Association, has claimed that HMV is too important for music and video companies to let it disappear. Highlighting that physical sales still account for 75 per cent of those markets, Bayley argues that HMV’s potential loss from the High Street would …
Read More »Moore wants chance to reverse HMV’s fortunes
HMV boss Trevor Moore and financial director Ian Kenyon want the chance to lead the chain out of administration. Speaking to journalists this afternoon, Moore pointed the finger at disappointing technology sales over the Christmas period, claiming that supply lines of key tablet computers were insufficient. Having had a request …
Read More »HMV had soft-launched digital game downloads prior to administration
A digital games store had been launched on HMV.com just weeks before the chain fell into administration. Located under a new ‘games downloads’ tab on the retailer’s homepage, the catalogue is run by Eurogamer-owned GetGames. Prices are reasonably standard although a few deals can be found, such as Far Cry …
Read More »HMV "intends" to honour pre-orders
Customers who have pre-ordered games or other items with HMV have been told not to worry. HMV’s PR boss Gennaro Castaldo told Eurogamer that the chain would intend to follow through on [pre-orders]”. This, of course, depends on both the business remaining open and suppliers being willing to provide the …
Read More »Gift vouchers and store credit not being accepted at HMV this morning
It was the one question we were asked more than any other last night – will customers be able to spend their gift vouchers and store credit in HMV today? And the answer, sadly, is no. Administrators have confirmed this morning that consumers will not be able to use gift …
Read More »HMV confirms intention to enter administration
Retailer HMV has filed notice to appoint administrators. HMV’s shares have been suspended from trading on the London Stock Exchange with immediate effect. It is understood that administrators Deloitte will keep all stores open while it searches for a potential buyer. Here’s HMV’s full statement: On 13 December 2012, the …
Read More »Suppliers’ refusal to answer HMV’s £300m call for help led to administration – report
Tonight’s anticipated collapse of HMV came about after suppliers ignored the retailer’s latest plea for help. That’s according to The Financial Times, which reports that HMV directors last week asked suppliers for yet another financial lifeline to keep the chain aloft – this time to the tune of 300m. That …
Read More »