MCV/DEVELOP News, events, research and jobs from the games industry
Distributor Funtastic has backed out of the Australian games market. The supplier will now focus on toys and DVD. The decision follows tough economic conditions in the territory, and the firm doesn’t expect things to improve moving forward. The decision to exit games was made based on sustainability and profitability …
Read More »GAMEs digital battle cry
Leading UK video games retailer GAME has outlined its ongoing strategy that it hopes will increase the amount of its revenue that stems from its digital business. At the moment in-store physical sales still account for 94 per cent of the retailer’s total revenue, but amongst GAME’s digital aspirations is …
Read More »Morgans departure not a surprise
In the wake of this morning’s confirmation that former GAME CEO Lisa Morgan is to depart the retailer after 14 years at the helm, interim CEO Christopher Bell has insisted that the decision is not linked to the company’s recent financial performance. She had been in discussion with the board …
Read More »Darling: I value games industrys passion
Chancellor Alistair Darling has personally endorsed the game industry as a creative force” that deserves, and needs, support in Westminster. The second most powerful man in UK politics told Develop that his recent visit to Dundee, where he toured Realtime Worlds and Abertay University, was immensely enjoyable”, and heaped praise …
Read More »GAME plans more store closures
Only 550 GAME and Gamestation outlets will remain on the UK High Street by Christmas 2013, according to GAME Group chairman. Until recently GAME had 695 stores across the country, but in February it announced the closure of 18 additional outlets, as well as all 25 of its Debenhams concessions. …
Read More »News Corp acquires developer
Rupert Murdoch’s high-profile entry into the video games sector has been talked about for years, though whether the acquisition of Irata Labs is really the beginning of a new era for News Corp is certainly up for debate. The buyout of the three-man San Francisco studio does add a new …
Read More »Execs go as GAME profits fall
This morning’s news of wholesale changes at GAME Group have sent shockwaves through the industry and its share price tumbling. On a day when tough trading conditions have finally been brought into focus for the entire business, erstwhile chief executive Lisa Morgan has stepped down after 14 years of service. …
Read More »Square Enix grows market share
Square Enix has laid out ambitious plans to become a Top Five European publisher over the next few years.The company also reckons it can turn up the heat on other entertainment mediums with its tentpole franchises such as Final Fantasy. Square Enix has already had two No.1 games this year …
Read More »GAME issues volcano warning
Publishers are remaining defiant, but the channel has once again warned that the ongoing disruption caused by the Icelandic volcano could result in troubles at UK games retail. The likes of EA, Nintendo and Sony told MCV earlier that key releases such as 2010 FIFA World Cup South Africa, Wario …
Read More »Volcano threatening key releases?
UK video games publishers are insisting that April’s upcoming triple-A releases will not miss their intended release dates despite the heightened pressure being placed on freight companies in light of Iceland’s Eyjafjallajkull volcano. A number of key titles are due to hit retail on April 30th, including EA’s 2010 FIFA …
Read More »