MCV/DEVELOP News, events, research and jobs from the games industry
Whilst the ‘green shoots’ of economic recovery continue to fight their way through to the sunlight, the effects of the global recession are making their presence felt on the shopping habits of gamers, according to new research from Nielsen. The report claims that used game purchasing is at all-time highs …
Read More »How you can exploit the recession
A guide to running an economically resilient studio
Read More »New low for non-food retailers
Non-food retailers have experienced their worst month since July 1992, after sales fell by three per cent on 2008. Official figures released by the Office of National Statistics show that overall retail sales fell by 1.6 per cent compared to the previous year. To read the full story, click here …
Read More »Report: Axed Ensemble â??not the right studioâ?? for Natal
E3'09: Shane Kim explains that Microsoft made a 'substantial' investment in motion-sensing as Ensemble was cut loose
Read More »Dev budgets â??doubled or tripledâ?? from last gen
Krome CEO says the games press often overlooks the problematic rise in dev costs, claims the industry is 'struggling' as a whole
Read More »Sony to halve its 2,500 suppliers
Sony is set to terminate partnerships with more than half of its parts and materials suppliers by 2011 in a new extraordinary effort to save the company around 500 billion Yen (3.3 billion). The decision will see the company’s fleet of 2,500 suppliers cut to around 1,200. Those remaining suppliers …
Read More »One in four UK households owns a console
Money is tight, going out is expensive – it’s bad news for the economy but not, it seems, for games retail. New research from Harris International shows that spending on home entertainment is on the up, and with it come san increase in the number of UK console gamers. A …
Read More »Budget 2009: Economy turnaround by 2010
A daring and contentious budget speech by UK Chancellor of the Exchequer Alistair Darling was punctuated with an interesting promise: the UK economy is set to grow at the start of next year. Speaking in the Commons, Darling said that GDP will grow 1.25 per cent by 2010 and climb …
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 »Riccitiello: EA got too fat and too reliant
Outspoken EA boss John Riccitiello has boldly stated that his company had become too complacent with itself, adding that the worsening economic recession could be a blessing in disguise” as it will force the entire industry to reform and clear away the junk”. Junk is hard to compete with,” Riccitiello …
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