MCV/DEVELOP News, events, research and jobs from the games industry
HMV’s admission last week that it may well breach its bank lender covenant has led to a weekend of fervent speculation in the media. Retail Week reports that Apollo Global Management last week acquired ten per cent from Allied Irish Banks, sparking rumours that it is lining up an acquisition. …
Read More »HMV Trocadero opens Razer’s Epic Wall Bay
Because "PC accessories concession" just doesn’t have the same ring to it. HMV and peripherals vendor Razer have opened a new in-store area in the London Trocadero branch dedicated to Razer’s products. Named the Epic Wall Bay, this section gives consumers the chance to try out high-end keyboards, mice, headsets …
Read More »HMV warns it may breach bank deals
HMV has warned it will probably breach its lender covenants in January. The firm reported a 36.1m loss for the 26 weeks ending October 27th. But says it is having ‘constructive discussions’ with its banks. This isn’t as severe as last year’s loss of 50.1m, and the firm says it …
Read More »Suppliers pledge £40m worth of support for HMV
Music labels and other entertainment suppliers are backing HMV with more than 40m of funding in the run-up to Christmas. That’s according toThe Telegraph, which reports that the financial boost is in addition to other measures secured last year between HMV and its suppliers in order to keep th retailer …
Read More »HMV sells MAMA Group for £7.3m
HMV Group has confirmed the sale of MAMA Group Limited and its subsidiaries – plus its separately held interest in 50 per cent of Mean Fiddler Group Limited – to Juno Newco Ltd. The buyer is a wholly owned subsidiary of Lloyds Development Capital Limited. Interestingly, Juno Newco Ltd has …
Read More »The Wii U is just hours away – but it’s been a long wait for these four lads and their tent
Five days. In a tent. On the street. For a games console. Hurrah? They set up their tent outside HMV Oxford Street on Saturday November 24th and tonight four students will at last get their hands on the pot at the end of their rainbow – the Wii U. Izzy …
Read More »‘It’s easy to build video game concessions in HMV’
Fancy opening a Wii U, Tomb Raider or Angry Birds shop? What about a space dedicated to The Sims? HMV wants to build more concessions dedicated to specific games following the launch of its Skylanders departments in London, Manchester and Glasgow. The new Skylanders areas feature interactive game pods, racks …
Read More »HMV to host official Wii U midnight launch
The official midnight opening for next week’s Wii U launch will be held at the flagship Oxford Street store of entertainment retailer HMV. Following reports of high demand for the new console, HMV has even secured extra stock for the launch so that customers will be able to purchase Wii …
Read More »Yes, there’s a man queuing for Call of Duty: Black Ops II already
It’s nearly Friday! What will you be doing this weekend? Out with your mates? A spot of Christmas shopping with your other half? Us? Oh, we’ll be sitting outside HMV in a tent waiting for a game to be released next week. We’re joking, of course. We’ve got Taylor Pelling …
Read More »HMV Oxford Street to host official COD: Black Ops II UK launch event
Call of Duty: Black Ops II’s official UK launch event will take place at HMV’s Oxford Street store next Monday (November 12th). A 1,000 strong audience is expected, all of whom will receive goody bags. Treyarch developers will be on hand to sign copies of the game and a ‘Zombie …
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