MCV/DEVELOP News, events, research and jobs from the games industry
The reality of the challenge confronting Wii U has finally struck Nintendo. Having throughout 2013 steadfastly stuck to its 9m unit sales forecast for the console for the current financial year, the platform holder has at last reduced that prediction. It now says it will likely sell just 2.8m Wii …
Read More »$1m worth of pizza ordered through Pizza Hut’s Xbox 360 app
Customers have ordered over $1m worth of pizza through the Xbox 360’s Pizza Hut app in just four months. "It’s been a source of unbelievable growth for us," Pizza Hut’s PR director Doug Terfehr told Polygon. "Just the explosion of people who wanted to download it, experiment with it, play …
Read More »PS3 sales up but Sony reports quarterly losses
Sony’s PlayStation division has reported an 800m operating loss (5m) for the quarter ending September. In the same period last year it saw operating income of 2.3bn (14.6m), a disparity Sony blamed on hardware price reductions and exchange rate fluctuations. PlayStation revenues for the period grew five per cent year-on-year …
Read More »EA reports another quarter of loss although digital growth continues
Publisher EA has reported a $273m loss for the quarter ending September 30th. That’s less than the $381m loss reported in the same quarter the year before. Net revenue for the period reached $695m. Digital revenue climbed to $450m, up from $324m a year earlier. That means digital accounted for …
Read More »Licensing success boosts Mind Candy revenues
Moshi Monsters creator Mind Candy saw revenues climb by 62 per cent in 2012 to 47m. Profit for the period was flat at 10m. The Financial Times reports that the success was thanks to the company’s many licensing deals. User numbers for the site also grew from 55m to 70m, …
Read More »Wargaming: Games industry should aim for $200bn annual revenue by 2016
Victor Kislyi of strategy developer Wargaming.net has spoken out on the game industry’s need for expansion, stating that the $75bn brought in annually isn’t nearly where it could be. VG247 reports on Kislyi’s talk at DICE Europe this week, where the CEO discussed the goal of $200bn in annual revenue …
Read More »Skylanders revenue hits $1.5bn
A day after Disney hailed the success of Disney Infinity, rival Activision has emphasised the on going dominance of its own toy/games crossover brand. The publisher has announced that the Skylanders IP has to date generated over $1.5bn in global revenue and has been the best selling console and handheld …
Read More »Grand Theft Auto is the UK’s fourth biggest video games brand
There’s reason to be excited ahead of next week’s Grand Theft Auto V launch. GfK Chart-Track has told MCV that GTA is the fourth biggest revenue-generating brand in the UK games industry. The stat tracker revealed a number of GTA facts ahead of the blockbuster arrival of GTA V. The …
Read More »PlayStation Plus multiplayer paywall will earn Sony $1.2bn a year
Analyst firm IHS Electronics and Media has praised Sony’s decision to lock multiplayer behind a PlayStation Plus paywall. Sony confirmed at E3 that PS4 owners will have to subscribe to PS+ if they wish to access online multiplayer – a function that is currently free for PS3 owners. Sony has …
Read More »Android app downloads overtake iOS
Sales of Android hardware have been ahead of Apple for some time now, but for the first time Android downloads have now overtaken iOS. App Annie‘s report, as spotted by The Guardian, covers Q2 2013. It’s important to note that despite this, Apple’s iOS App Store still generated 2.3x the …
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