MCV/DEVELOP News, events, research and jobs from the games industry
Counter-credit crunch measures could aid struggling studios
Read More »NPD: Games industry already being affected by the recession
The latest stats from NPD show that 2008 was a record year for the video games industry in North America – but signs that the worsening global economic climate is beginning to hit the games market are now materialising. 2008’s annual market value of $21bn was 19 per cent up …
Read More »UK economy suffering frightening deterioration
A survey conducted by The British Chambers of Commerce have found that the nations’ economy is in the midst of a frightening deterioration”, with December’s High Street numbers proving the worst since the body began monitoring them in 1989. The BCC went on to predict that official government figures set …
Read More »Early December High Street stats positive
The latest UK High Street statistics from Synovate Retail Performance show that the number of non-food shopping trips made between November 30th and December 6th climbed by 10.1 per cent compared to the week before – though the number is still 4.1 per cent down on the same week in …
Read More »Could credit crunch hit Nintendo hardest?
The extent to which the games industry is or is not ‘recession-proof’ will be revealed over time, but two leading industry analysts have warned that casual-centric games firms, and more specifically Nintendo, could be more severely affected than most. To read more, click here to visit CasualGaming.biz.
Read More »Microsoft: Tough times are ahead
Microsoft’s VP of strategy and business development for Microsoft’s Interactive Entertainment Business Shane Kim has warned that the games industry will not be completely insulated from the effects of the global economic crisis. Of his own business, Kim told Reuters that he was cautiously optimistic” about Xbox sales, adding: A …
Read More »Xbox 360 enjoys biggest European sales week ever
Platform holder Microsoft has revealed that it ‘recently’ enjoyed its biggest ever sales week in Europe – and it’s thanking the effects of the economic crisis for the boom. A press release from the firm reads: British families are set to spend more quality time together than in the last …
Read More »Is casual gaming key to surviving credit crunch?
With the global commerce sector preparing for what could potentially be a lacklustre Q4, UK daily broadsheet The Guardian has predicted that the boom in mass-market friendly casual gaming could see the games sector come off lightly. CasualGaming.biz has the full low-down.
Read More »Credit crunch could be Blu-rays death knell
The effects of the current global economic global crisis could see sales of Blu-ray discs and associated technology dramatically underperform this Christmas, according to some industry observers at the recent HD3 Conference in the US. The economy is the biggest challenge, because there are just so many pieces to the …
Read More »Wretched month on UK High Street
Whilst shopping numbers have to date remained buoyant amidst the current global credit crunch, October stats from the Retail Traffic Index make for sombre reading for retail, with a 3.1 per cent year-on-year drop in shopping trips reported. The numbers were also 1.3 per cent down on September. Dr Tim …
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