MCV/DEVELOP News, events, research and jobs from the games industry
Casual games giant and CityVille publisher Zynga has reported a slight slow down in growth for the first time in its history during its June quarter. Year-on-year profits for the period fell to $1.3m – that’s a drop of 95 per cent. Revenue continued to grow though at a slower …
Read More »FIFA the star as digital grows at EA
The traditional gaming sector’s current digital crusader, EA, has reported a stellar digital performance for its fiscal Q1 ending June 30th. Overall digital revenue for the period jumped 24 per cent year-on-year to $209m. Revenues for free-to-play and micro-transaction content climbed 32 per cent to $70m. Mobile and handheld content …
Read More »Majority of Brits are now gamers
A new report from games market research firm Newzoo has revealed that the majority of UK nationals are now active gamers. In total it estimates the 31m of the 60m people in the UK population now spend money on games. 49m are active internet users. And while the console sector …
Read More »Team Fortress enjoys user boost
Counter-Strike’s deeply-embedded position as the most played Steam game has finally been dismantled, following a daring and controversial change in pricing policy from Valve. The Washington-based company rocked the games industry last week by re-releasing Team Fortress 2 as a free-to-play game. That triple-A game, at the time of writing, …
Read More »HMV’s Fox calls for supermarket restrictions
If left unchecked the ongoing expansion of supermarkets poses a serious threat to the UK High Street. That’s according to HMV boss Simon Fox, who speaking to The Sun has said that checks need to be put in place to protect British shops. "We have to be very careful about …
Read More »Digital sales soar at GAME
Digital may remain one of the stiffest challenges for High Street retail, but GAME’s attempts to tap into the growing market have so far proved successful. Earlier this year GAME began selling Xbox Live Arcade titles via dedicated points cards sold over the counter. "A ‘retail accelerator’ effect also applies …
Read More »Online growth key to GAME’s future
GAME group’s executive officer Ian Shepherd has identified online as the key to a return to growth for the chain. "We know that customers are shopping across multiple channels, and placing equal importance on their experiences online, on mobile platforms and in stores," he stated. "We have an opportunity to …
Read More »Play.com gets Lazard backing for Euro growth
UK online retailer Play.com has hired Lazard Ltd to help it finance future growth. The investment firm will explore the possibilities afforded by the sales of a stake in Play.com, according to Bloomberg. The retailer will then be able to finance growth into new product categories and potentially expand into …
Read More »GameStop promises new Euro growth
GameStop’s International VP Mike Mauler said the chain will grow and improve its mainland European storebase over the next 12 months. During a call to investors last week, the firm said performance of European stores was up year-on-year, as part of an overall modest International sales increase of 0.4 per …
Read More »Huge European growth for Android
Google’s mobile operating system Android grew 1,580 per cent year-on-year to 7.9m units in 4Q 2010, according to data from IDC. The Western European mobile phone market grew 3.2 per cent year-on-year to this quarter, with shipments of smartphones increasing to 25.6m units, 99.4 per cent higher than in 4Q09. …
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