RuneScape and Scum developer Jagex has been acquired by two private equity firms for an undisclosed sum. In a press release, investment companies CVC Capital Partners and Haveli Investments announce…
February 9, 2024 | 10:03 EST
Today Sega published its financial results for the 9 months that ended on December 31, 2023, and at least part of them wasn't really great. Sales for the overall company were 349,924 million yen (…
February 8, 2024 | 11:45 EST
During Take-Two Interactive Software's financial conference call, CEO Strauss Zelnick and CFO Lainie Goldstein talked about Grand Theft Auto 6, but also about a much more ominous topic. Speaking of…
February 8, 2024 | 06:02 EST
Take-Two Interactive Software announced its financial results for the third quarter of the fiscal year, related to the period between October 2023 and December 2023, on top of an update to sales…
February 8, 2024 | 04:24 EST
Today, during the quarterly financial conference call for investors and analysts, Ubisoft CEO Yves Guillemot commented on Grand Theft Auto 6, the future of Xbox, and Skull and Bones. Guillemot was…
February 8, 2024 | 01:52 EST
Ubisoft just announced its financial results for the first nine months and Q3 of the fiscal year 2023-2024, related to the period between April and December. Net bookings for the quarter were €626.2…
February 8, 2024 | 12:55 EST
Microsoft's legal counsel has responded to the accusations leveled yesterday by the FTC within the legal battle for the acquisition of Activision Blizzard. The regulator is appealing against a…
February 8, 2024 | 12:00 EST
Kadokawa, the parent company of Elden Ring and Armored Core 6 developer FromSoftware, has announced that it has "acquired" (ahem) Octopath Traveler co-development studio Acquire. In an earnings…
February 8, 2024 | 08:57 EST
Today The Walt Disney Company and Epic Games announced an agreement for the creation of a persistent universe connected to the developer's ultra-popular game Fortnite. The experience, which is…
February 7, 2024 | 05:04 EST
Both the FTC and the lawyers behind the so-called "Gamers' lawsuit" against Microsoft over the acquisition $68.7 billion acquisition of Activision Blizzard have denounced the recent wave of layoffs…
February 7, 2024 | 12:25 EST
Roblox has announced its 2023 financial results, and it's been another banner year for the game (if, indeed, it can be called such), with revenue jumping by over 20% year-on-year. Per a new investor…
February 7, 2024 | 09:56 EST
The current tsunami of industry layoffs has hit another studio, namely Visual Concepts Austin, known for its work on many of Visual Concepts' games including NBA 2K and Lego 2K Drive. According to…
February 7, 2024 | 08:55 EST
Today Paradox Interactive shared its Q4 2023 financial results on top of the overall results for the full year 2023, including a sales milestone for Cities: Skylines 2. Sales for Q4 (between October…
February 6, 2024 | 05:40 EST
CD Projekt Red has announced that it's taken on several new staffers to work on upcoming Cyberpunk 2077 followup Project Orion, and they're pretty well-respected names. First revealed in October…
February 6, 2024 | 10:51 EST
Today Nintendo announced its financial results for the first nine months of the fiscal year, related to the period between April 2023 and December 2023, including an update on Nintendo Switch unit…
February 6, 2024 | 01:40 EST
While widespread rumors focused on game exclusivity have caused panic among part of the Xbox fanbase, CD Projekt joint CEO Michał Nowakowski is rather happy that his studio isn't involved. Speaking…
February 5, 2024 | 05:38 EST
Today Square Enix announced its financial results for the first nine months of the fiscal year, related to the period between April 2023 and December 2023. According to the financial documents,…
February 5, 2024 | 04:50 EST
Today Konami announced its financial results for the first nine months of the fiscal year, related to the period between April 2023 and December 2023. Revenue was 253,096 million yen ( up 11.6% year…
February 5, 2024 | 03:50 EST
Wayfinder and Ruined King: A League of Legends Story developer Airship Syndicate is reportedly the latest casualty in a growing wave of video game industry layoffs. According to Polygon reporter…
February 1, 2024 | 08:31 EST
Marvelous Entertainment announced its financial results for the nine months ended on December 31, 2021, and they're pretty poor. According to the documents provided, sales for the whole company…
January 31, 2024 | 05:12 EST
Capcom published its financial results for the 9 months ended on December 31, 2023, and they continue to be extremely strong. According to the documents shared by Capcom, net sales for the whole…
January 31, 2024 | 02:52 EST
Electronic Arts just hosted its quarterly financial conference call, and Chief Executive Officer Andrew Wilson and Chief Financial Officer Stuart Canfield talked about some interesting topics,…
January 30, 2024 | 09:12 EST
Microsoft is hosting its financial conference call for investors and analysts focusing on the first quarter of the fiscal year 2024, and Chief Executive Officer Satya Nadella and Chief Financial…
January 30, 2024 | 06:32 EST
Today Electronic Arts announced its financial results for for the third quarter of the fiscal year 2024, defined as "strong" by the company. Net bookings for the quarter were $2.366 billion up 1%…
January 30, 2024 | 05:15 EST
Microsoft announced its financial results for the second quarter of the fiscal year 2024, including details on the ongoing performance of the Xbox business. Interestingly, as mentioned in the past…
January 30, 2024 | 04:18 EST
A group of industry veterans who've worked on games like BioShock and Cyberpunk 2077 have banded together to form Antistatic Studios, a new developer currently working on its first project. Per a…
January 30, 2024 | 11:19 EST
Shadowrun: Dragonfall and BattleTech director Mike McCain has returned to his former studio Harebrained Schemes to head up work on the developer's next title. Per a press release, McCain will both…
January 30, 2024 | 10:50 EST
Square Enix announced that it has scored a point against the widespread manufacture and distribution of counterfeit figures from its games in China. According to the announcement made via press…
January 29, 2024 | 10:28 EST
Koei Tecmo's Integrated Report 2023 published this morning alongside the company's financial results includes interesting insight from a veteran developer who may sound familiar for many fans, Yosuke…
January 29, 2024 | 06:41 EST
A group of veteran developers who used to work at Saints Row studio Volition teamed up to form a new studio, named Shapeshifter Games. The studio, revealed on Linkedin, is headquartered in Champaign…
January 29, 2024 | 04:40 EST
Today Eidos Montreal officially announced that its employees have been affected by a round of layoffs, part of Embracer Group's continued effort to cut costs. The announcement, made on X (formerly…
January 29, 2024 | 01:34 EST
Today Koei Tecmo announced its financial results for the first 9 months of the fiscal year that will end on March 31, 2024, and they're a bit mixed. On one side, the documents reveal that sales for…
January 29, 2024 | 02:08 EST
Today the developers of Palworld at Pocketpair took to X to denounce a rather egregious impersonation case that surfaced yesterday. According to the post, the account @Palwcrld_jp, designed to…
January 29, 2024 | 12:16 EST
The first legal clash between the developer of the PvPvE FPS game Dark and Darker Ironmace and Nexon ended pretty much in a draw as preliminary injunctions from both parties have been dismissed. …
January 28, 2024 | 04:17 EST
Xbox is apparently the latest company to join the long line of studios laying off employees, if new reports are to be believed. According to an internal Xbox memo seen by both The Verge and IGN,…
January 25, 2024 | 09:41 EST
The Pokemon Company has issued a statement obviously related to Pocketpair's new crafting survival game Palworld, without actually mentioning it by name. The statement mentions that the company has…
January 25, 2024 | 12:17 EST
It appears that another well-known development studio has been hit by layoffs today, and it's Polish developer People Can Fly. The studio, known for games like the recent Bulletstorm VR and…
January 24, 2024 | 07:55 EST
2023 has been an annus terribilis for employment in the gaming industry, but 2024 isn't starting any better. Riot Games, developer of League of Legends, Valorant, and more, has announced a large…
January 22, 2024 | 08:47 EST
As the commercial success of Palworld continues to grow, Pocketpair CEO Takuro Mizobe took to X to denounce comments received from part of the community. Mizobe-san posted on his personal X (…
January 22, 2024 | 03:04 EST
Elex and Gothic developer Piranha Bytes has taken to social media to share a somewhat cryptic update on the current state of the studio. In the message, which was posted to X (formerly known as…
January 22, 2024 | 09:09 EST
Square Enix published the transcript of the Q&A from the latest financial results conference call, in which the new CEO Takashi Kiryu offered information about the publisher's business and plans…
January 18, 2024 | 02:54 EST
A dispute between Remedy and Rockstar regarding the former's logo was resolved in late 2023 and is no longer ongoing, according to a Remedy representative. Earlier this week, it was reported that…
January 18, 2024 | 10:05 EST
Circana (formerly The NPD Group) has released its sales data for December 2023, as well as a roundup of the best-selling games of 2023 (in the US, at least) on each platform. As usual, the group's…
January 18, 2024 | 09:33 EST
CI Games has laid off around 10% of its workforce in order to "preserve business strength and stability", the studio has revealed. This news comes via GamesIndustry.biz, which initially found…
January 18, 2024 | 07:28 EST
Microsoft and the Federal Trade Commission are trading procedural blows in the legal battle over the $68.7 billion acquisition of Activision Blizzard, with Sony and Ubisoft dragged into the fighting…
January 18, 2024 | 08:14 EST
Seeing big games appear on subscription services like Xbox Game Pass or PlayStation Plus is almost the norm nowadays, but it won't happen with the acclaimed Baldur's Gate 3. Larian Studios' CEO and…
January 17, 2024 | 08:24 EST
Thunderful Group, the parent company of studios like SteamWorld developer Image & Form, has announced major layoffs as part of a "restructuring program". In a press release on its official…
January 17, 2024 | 08:47 EST
While 2024 has just started it appears to be a continuation of 2023 in the loss of many gaming industry jobs, especially under Embracer's leaky umbrella. We now learn that another studio has let go…
January 13, 2024 | 05:36 EST