MCV/DEVELOP News, events, research and jobs from the games industry
US investment fund specialist Blueshore Global Equity has told MCV that it believes retailer GAME is a tremendous investment prospect – even if it does enter administration. Blueshore recently acquired an eight per cent stake in GAME Group and tonight told MCV that the market is failing to recognise the …
Read More »UK gaming café plans nationwide expansion
Cornwall-based video games caf Loading wants to open new bars in London. The outlet – which has produced a host of games-related drinks and held several club nights in its two years since starting up – is now seeking investors to help it grow across the UK. This investment would …
Read More »Trion Worlds wins $85m investment
Up-and-coming MMO specialist Trion Worlds has received a massive financial boost towards the company’s ongoing expansion. The publisher secured $85 million from Ontario Teachers’ Pension Plan and current investor Bertelsmann Digital Media Investments. "We are thrilled about entering this exciting period of growth and scale with our investors," said Trion …
Read More »EA "probably" spent $0.5bn on Old Republic
We’ll never know exactly how much EA spent on bankrolling BioWare’s first MMO Star Wars: the Old Republic, but one analyst reckons the total figure could be close to half a billion dollars. I think it’s safe to say that the total all-in investment in Star Wars is probably approaching …
Read More »European gaming’s venture capital problem
Nick Gibson looks at why Europe is struggling with industry investment
Read More »UK developer Eutechnyx gets £1.8mil gov funding
Up to 190 jobs to be created by studio for Auto Car Revolution publishing operation
Read More »Educational apps publisher secures $5mil funding
Investment to help Mindshapes grow and bring new products to market
Read More »Games studio investment risk ‘exaggerated’
Survival rate for creative industries better than average, new report alleges
Read More »Sony investing $20m in exclusive PSN titles
Exclusivity has been dismissed by many an exec and developer and a redundant model in the modern games market, but Sony clearly disagrees having announced a huge investment in exclusive digital games for PlayStation platforms. PlayStation Network’s director of marketing Brandon Stander has said that the company is to invest …
Read More »GameStop promises new Euro growth
GameStop’s International VP Mike Mauler said the chain will grow and improve its mainland European storebase over the next 12 months. During a call to investors last week, the firm said performance of European stores was up year-on-year, as part of an overall modest International sales increase of 0.4 per …
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