MCV/DEVELOP News, events, research and jobs from the games industry
The British economy contracted by 0.8 per cent in the last quarter – more than double the figure predicted by analysts. According to the BBC, these figures increase the annual rate of decline to 5.6 per cent, which represents the biggest fall since when records began in 1955. There’s more …
Read More »5.2m iPhone sold in Q2
Apple has reported impressive revenue and profit growth in its financial results for Q2 2009. The company generated revenues of $8.34bn during Q2 (its third quarter), up 12 per cent year-on-year. Meanwhile, its net profits jumped 15 per cent to $1.23bn. Click here for the full story on Mobile Entertainment.
Read More »Nintendo names WiiWare and DSiWare Q2 releases
Wii and DS platform holder Nintendo has released a list of upcoming titles for its existing downloads portal WiiWare and its brand new service for the recently launched DSi handheld, DSiWare. There’s plenty on offer, including a couple of established Nintendo brands such as Dr Kawashima’s Brain Training. Click here …
Read More »Nintendo dates Q2 UK releases
Platform holder Nintendo has dated its key releases for the upcoming Q2 at retail, which include the launch of both the black and white variants of its DSi on April 3rd. Alongside the key software titles, Nintendo Points, the virtual currency used to purchase software from the Virtual Console and …
Read More »EA to lay off 6% of work force
Global publishing powerhouse EA has announced that it is to cut six per cent of its global workforce, equivalent to between 500 and 600 positions, following increased losses in the financial quarter ending September 30th. The AP reports that the cuts will span all aspects of the company and will …
Read More »$7m net loss for THQ in Q2
THQ has revealed its fiscal results for its second quarter, reporting a net loss of $7 million. The figure compares poorly to the $11.6 million reported for the same period a year ago. However, the company said that the loss was consistent with its revised financial guidance. The firm’s total …
Read More »EA Chertsey facility to close
Electronic Arts is to close its Chertsey, UK facility as part of a large-scale reorganisation of the business. The plan to split the company into four separate labels was announced in June, but was official approved by EA’s board of directors at the start of this week, according to MCV …
Read More »Vivendi Games’ Q2 earnings rise 91.9%
French telecoms and media group Vivendi has posted a 48.6 per cent year-on-year drop in earnings for its second quarter – but its games division has reported a whopping 91.9 per cent jump in operating profit. The firm’s overall sales grew 7.4 per cent year-on-year to €5.2 billion, up from …
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