MCV/DEVELOP News, events, research and jobs from the games industry
The Secret World developer Funcom has posted financial results for its most recent completed quarter, reporting a major dip in revenue compared to the same period in the year prior. During its Q4 – a three-month period ending on December 31st, 2013 – the MMO studio earned $4.3m in revenue, …
Read More »Predicting the Q4 video game TV invasion
Ad specialist Generation Media takes a look at historical TV marketing data to predict the level of screen advertising we might expect from video games during Q4… PROJECTING THE SHAPE OF Q4 GAMES & CONSOLES TV MARKETING Whilst there has been a trend in recent years to start campaigns earlier …
Read More »Q4 games advertising revenue drops 40% this Christmas
The age of excess is clearly over. UK games firms are spending 99m on advertising this Christmas, MCV can reveal. That’s a drop of 40 per cent year-on-year. The figures are based on a survey of the biggest companies in the UK games industry. In comparison, publishers, retailers and developers …
Read More »GAME takes 99p Play Now Trade Later deal online
Retailer GAME has announced the return of its 99p Play Now Trade Later scheme – and this time it is available through its website. Each week the hottest new titles will be available for only 99p when trading in any two selected games,” the site explains. When your online order …
Read More »It’s the six months of Christmas for UK games retail
Retailers have praised publishers for daring to release titles outside of the traditional Q4 sales bonanza. Q1 2013 is shaping up to be one of the most exciting in the industry’s history, with major sequels in the Tomb Raider, Devil May Cry, Dead Space, BioShock, Metal Gear and Gears of …
Read More »NPD: UK’s Q4 used games market was £90m
British gamers spent nearly 100m on pre-owned software during Q4 2011. According to NPD data shared with MCV, $141.9m (90m) went on used game purchases during Christmas. That’s just ten per cent of the 780m GfK Chart-Track reports was spent on new boxed video games in the same period. The …
Read More »OPINION: It’s May, and already Q4 is hurting retail
Sometimes the games industry can get too caught up in willy waving with other forms of entertainment. But this week comparisons with cinema are fair, if only to remind us how rough things are for games retail at the moment. The UK’s boxed software market has generated 320m this year, …
Read More »Q4 focus could kill off specialist retail
Where are OUR summer blockbusters? That’s the question being asked by games retail bosses this week as the UK games market slumped to a new low. Retailers are begging games publishers for ‘summer blockbusters’ to rival major movies such as The Avengers – otherwise, the increased focus on Q4 will …
Read More »EA reports Q4 FY12 and FY12 financial results
EA has revealed its financial results for Q4 of fiscal 2012, as well as fiscal 2012 as a whole. EA’s total net revenue hit $1.36bn during Q4, a 24 per cent increase over the $1.09bn reported at the end of this same period in fiscal 2011. Net revenue of packaged …
Read More »THQ expects sales to exceed estimates
With the doom-mongers continuing the circle, THQ has announced that it expects Q4 sales to exceed expectations. The publisher had previously forecast net sales of between $130-$150m. However, it now expects non-GAAP net sales to hit between $160-170m. It credited the boost to strong sales of Saints Row: The Third, …
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