MCV/DEVELOP News, events, research and jobs from the games industry
The entry-level 160GB PS3 SKU is not being phased out at retail, an SCE UK spokesperson has told MCV. GAME was until recently selling it for just 159.99 – a 90 saving over its RRP – but stocks have run out. Play.com has slashed the price to 199.99 while ShopTo …
Read More »Zelda OST offer extended
Nintendo of America has extended its offer for buyers of The Legend of Zelda: Ocarina of Time 3D to claim a free soundtrack for the game. Eurogamer reports that thanks to what the platform holder calls "strong demand and technical issues", Nintendo has now extended the deal to guarantee the …
Read More »Take-Two shares fall
Shares in publisher Take-Two have fallen by four per cent meaning that since mid May the company has lost over 15 per cent of its overall value. Market Watch says that despite nearing 1m unit sales in the US alone, recent Rockstar release LA Noire has failed to meet sales …
Read More »E3 2011: Iwata ‘surprised’ by Nintendo stock fall
Nintendo president Satoru Iwata has described the company’s falling share price following the announcement of their Wii successor as very strange.” Honestly speaking, the reaction to [Tuesday’s] presentation and what I heard from people I met and the mood of the convention did not chime at all with what happened …
Read More »Nintendo defends 3DS stock strategy
The boss of Nintendo America has said that the company went to great lengths to ensure that 3DS would be plentiful at launch and there would be no shortages. "I would characterise it as a launch where we learned significant lessons from the launch of Wii and we made sure …
Read More »Nintendo stock on the fall
The stock market price of Japanese gaming specialist Nintendo has declined for four straight days in a row. The company’s total value has now decreased by over 15 per cent since the end of February. As reported by Andriasang, investment services company Fisco primarily points the finger at the disruption …
Read More »Tesco laughs off GAME’s 3DS stock plot
Leading UK supermarket chain Tesco has responded to news of GAME’s 3DS stock purchase plan with a short, dismissive statement. An internal memo was leaked onto the internet yesterday showing that GAME instructed employees about an optional plan to buy low price 3DS consoles from Tesco and then sell them …
Read More »GAME staff buy 3DS stock from Tesco
Store staff at GAME were sent to Tesco during last week’s launch of Nintendo 3DS in order to buy hardware and software stock at the supermarket’s reduced price. An internal document uncovered by Eurogamer shows that GAME stores were encouraged to take advantage of Tesco’s 175 offer for the new …
Read More »OPINION: What today’s 3DS launch says about retail
Today’s 3DS launch has been proceeded by one of the most strangely competitive retail battles we’ve ever seen. Who’s ever heard of such hardware price cuts before it launched? Nevertheless specialist and mainstream retailers alike have gone lower and lower. Morrisons went in with a bold 187 offer last week, …
Read More »Homefront reviews cause THQ share drop
Shares in publisher THQ dropped by nearly 25 per cent yesterday, with the LA Times claiming that analysts are "spooked" by the lower than expected review scores for new shooter Homefront. At the time of writing the game has a Metacritic average of 72 per cent, placing well below the …
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