MCV/DEVELOP News, events, research and jobs from the games industry
High Street retailer Zavvi has heralded a successful first year on the market by announcing strong improvements over the performance of the company it bought out in 2007 – Virgin Megastores. Sales in its online operations increased an impressive 148 per cent over the last twelve months compared to the …
Read More »Xbox celebrates profitable year as 360 hardware sales rise
Microsoft’s Entertainment and Devices Division, which includes its Xbox 360 and Zune operations, has announced its first full year of profitable operations, with the fiscal year ending June 30th ’08 bringing $426 million in profit. This compares to the $1.9 billion loss the Division suffered in the previous fiscal year. …
Read More »Need for Speed Undercover… uncovered
Speaking at the William Blair & Company Growth Stock Conference in Chicago yesterday, EA CEO John Riccitiello announced that the next instalment in its popular street racing series Need for Speed will be dubbed ‘Undercover’, GameSpot reports. However, following previous comments in which the outspoken executive admitted to disappointment concerning …
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