MCV/DEVELOP News, events, research and jobs from the games industry
GDC 2014: Aurora Studios using Physics, Animation and AI tech for new online title
Read More »Tencent F2P FPS Crossfire made $950m in 2013
Tencent’s free-to-play shooter CrossFire brought in revenues of nearly $1 billion in 2013. That’s according to research fromSuperDatawhich found that the SmileGate-developed title brought in over 50 per cent more revenue than Riot Games’ hugely successful MoBA League of Legends – also published by Tencent – which took $624 million …
Read More »Tencent’s CrossFire raked in $950 million in 2013
Free-to-play shooter smashes revenues from Riot Games MoBA League of Legends which brought in $624m
Read More »Activision Blizzard completes buyout from parent Vivendi
Publisher Activision Blizzard is free of its former parent Vivendi. After its plans for a buyout were initially blocked, the company announced this weekend that it had at last completed the transaction. To do so it had to acquire 429m shares and certain tax attributes” from Vivendi at a total …
Read More »Tencent signs landmark online game deal in US
Chinese firm takes over global publishing duties for MOBA Smite from US developer Hi-Rez
Read More »Read MCV’s second free Gamescom show daily right here
The second MCV Gamescom daily magazine is available to read right now. It features news and interviews from the leaders in PC gaming, including Sega Europe chief Jurgen Post. Published in association with Xbox One, our second 14-page FREE magazine has been put together by the MCV team currently walking …
Read More »Tencent revenues rise to $4.5 billion
Profits up 28 percent, driven by growth in online games and advertising
Read More »Activision becomes independent from Vivendi in $8.2bn deal
One of the world’s biggest games companies is set to buy back its independence from owner Vivendi. The Call of Duty publisher Activision will buy 429 million shares from the French Media and Telecoms conglomerate for $5.83bn. Meanwhile, Bobby Kotick (current CEO) and co-chairman Brian Kelly have formed a investor …
Read More »Activision re-joins Entertainment Software Association
The Entertainment Software Association has confirmed that Activision has re-joined the trade body. The pair originally parted ways back in May 2008, with an Activision rep telling GameSpot at the time: "After careful consideration, Activision has decided not to renew its ESA membership for business reasons and will not be …
Read More »What does $330m get you? 40% of developer Epic
Chinese web giant Tencent paid $330 million for a 40 per cent stake in Epic Games in July last year, the company has revealed. Initially announced as acquiring a minority stake” in the Gears of War developer last July, Tencent has now disclosed the full details of the investment in …
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