MCV/DEVELOP News, events, research and jobs from the games industry
Future Marvel video games may be produced in-house at Disney, the firm revealed during an investors conference call. The news follows Disney’s $4 billion buy-out of Marvel, which would give the media giant access to Marvel’s 5,000 characters. Currently THQ, Activision, Sega and MMO firm Gazillion Entertainment publish games based …
Read More »Easy on the violence, publishers warned
Publishers need to consider the ‘wider context’ of ads for violent games if they don’t want to see them banned from TV. That’s according to the Advertising Standards Agency, which will next week release new guidance for games publishers and their ad agencies. MCV understands that this will encourage publishers …
Read More »Activision Blizzard considering further acquisitions
Activision’s president and CEO of publishing Mike Griffith has stated that the global economic crisis, and more importantly resulting deflated company values, could pave the way for his firm making further acquisitions. Griffith told Bloomberg: The combination of Activision holding a fair amount of cash and presumably prices being depressed, …
Read More »Midway receives cash boost
Midway has received approval from the US Bankruptcy Court to use its cash collateral so it can continue to operate as usual. Midway asked the bankruptcy court for protection from its creditors last week, although the publisher’s non-US operations remain unaffected. The approval allows the firm to honour obligations such …
Read More »Sony outlines widespread Home support
The Japanese arm of Sony has revealed a number of the high-profile games companies that have currently signed up for licenses to develop content for the firm’s growing virtual world service PlayStation Home. Big-hitting backers such as EA, Capcom and Ubisoft had already been announced, and Siliconera reports that they …
Read More »WOOLWORTHS: UK games market will face more casualties
Today’s closing down sale represents what is probably the last hurrah for the UK’s celebrated Woolworths brand – but top retail figures in the UK games industry have warned that there’s still bad news to come. Take someone like Woolies out of the retail equation and you’re looking at a …
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 …
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