MCV/DEVELOP News, events, research and jobs from the games industry
Streaming services confirmed for Valve's Linux distribution
Read More »Sony looking to cut $100m from Entertainment Division budget
Sony has enlisted management consultancy firm Bain and Co to find $100 million – about 62 million – in cuts, a person close to the firm has revealed. As part of the firms plan to make further cost savings and return itself to profit, the planned cuts will involve job …
Read More »GTA V "could be the biggest entertainment launch in history"
More than 1,000 UK stores will be open from midnight for the launch of Grand Theft Auto V. Retailers are out in force for what is tipped to be the biggest release of the year, with chains, indies and supermarkets reporting record pre-order figures. Midnight launches will take place from …
Read More »ERA: Games retail will outperform video and music combined in 2013
Video games are expected to generate more revenue than both video and music combined this year. That’s according to the Entertainment Retailers Association, which predicts that Xbox One, PS4 and a slew of triple-A games – including GTA V, FIFA, Battlefield and Call of Duty – will drive more people …
Read More »Sony details PS4 entertainment offering
Entertainment services will be a big part of PlayStation 4’s offering, with new details about video and music packages. Sony has said during its Gamescom press conference that it plans to make these services available to all PlayStation 4 users, without locking them behind the paywall of PlayStation plus. Chief …
Read More »Sony rejects entertainment sell-off proposal
An attempt by an ‘activist shareholder’ to force Sony into an entertainment spin-off has been rejected by Sony. Reuters reports that shareholder Daniel Loeb had proposed that Sony sell parts of its movie, TV and music business – constituting around a fifth of its entertainment interests – in an attempt …
Read More »Ultimate trade guide Sourcebook available now
This year’s edition of Sourcebook, the essential guide to agencies and service companies working in games, technology and entertainment, is out now. Over 10,000 copies of the print edition have been inserted into this week’s MCV and selected reader codes of sister brands Develop and PCR. A digital copy of …
Read More »Microsoft courting Sky to sell Xbox One as set-top-box?
UPDATE: Sky has responded to this story. Xbox is going to great lengths to win the next-gen games hardware battle, and a new deal with Sky could clinch it. Sources familiar with the situation tell us that Microsoft is in talks with the broadcaster to sell Xbox One with Sky …
Read More »Ballmer courting Hollywood over Xbox One entertainment content
Microsoft is on the hunt for exclusive entertainment content for Xbox One. Deadline reports that CEO Steve Ballmer and entertainment studios president Nancy Tellem have been doing the rounds in Hollywood in an effort to bolster ties with key content makers. Talks have supposedly taken place with CBS, Sony TV …
Read More »Report: Sony brings in Morgan Stanley, Citigroup to consider division split
Sony has reportedly employed financial services corporations Morgan Stanley and Citigroup to research a potential split of the firm’s entertainment division from its electronics sector. A report out of Bloomberg cites statements from people familiar with the matter,” following word that Sony was considering the same plan earlier this month. …
Read More »