We've got another gaming business roundup for you, and this week has seen some pretty big companies embroiled in (admittedly fairly minor) controversies, as well as a new indie startup, the listing…
July 12, 2024 | 11:06 EDT
11 bit Studios has announced it will donate $50,000 of its revenue from oddball adventure game Indika in order to support a Ukrainian children's hospital that was targeted by a Russian missile attack…
July 12, 2024 | 07:55 EDT
Pocketpair has announced that it has signed a deal with Sony, as well as the company's subsidiary Aniplex, in order to expand open-world survival-crafter Palworld beyond the realm of video games.…
July 10, 2024 | 09:47 EDT
Update July 12th 7:56AM: The group whose flag was featured in Assassin's Creed Shadows' concept art has called for Ubisoft to remove the flag from the game's Collector's Edition artbook. In a post…
July 12, 2024 | 07:58 EDT
Gothic and Risen developer Piranha Bytes appears to have been shut down by parent company THQ Nordic (itself owned by Embracer Group), if a new report is to be believed. According to a report by…
July 8, 2024 | 11:36 EDT
It's time for another gaming business roundup, and this week, we've got green initiatives in gaming, as well as another round of acquisitions, more layoffs, and some slightly sobering losses for a…
July 5, 2024 | 11:30 EDT
Nintendo president Shuntaro Furukawa has clarified the company's position on the use of generative AI, pointing out that the technology has IP rights issues and vowing to "deliver value that is…
July 3, 2024 | 10:54 EDT
Palia studio Singularity 6 has been acquired by Dungeons & Dragons Online and Lord of the Rings Online steward Daybreak Games for an unconfirmed sum. In a press release, Daybreak says it will…
July 2, 2024 | 08:47 EDT
It's been a week of change in the gaming industry. Unfortunately, we've seen yet more layoffs and studio closures this week, but this week has also yielded a major acquisition, a newly-unionized…
June 28, 2024 | 10:33 EDT
Atari's distribution and publishing subsidiary Infogrames (formerly known as Atari, itself formerly known as Infogrames) has purchased the Surgeon Simulator IP from former owner tinyBuild. In a…
June 26, 2024 | 08:04 EDT
Update June 26th 8:08AM: Dr. Disrespect has issued a statement in response to the below allegations, confirming that they are essentially accurate but condemning the "destruction zone" of social…
June 25, 2024 | 08:16 EDT
It's once again the time of the week when we turn to what's been happening on the business side of things, and this week, three studios have been shut down, so we're off to a pretty glum start…
June 21, 2024 | 10:21 EDT
Embracer Group has announced a new strategy for incorporating AI into its business, claiming the technology has the power to "massively enhance game development". In its annual report for the 2023-…
June 20, 2024 | 09:07 EDT
A former Life by You developer has spoken out about his experiences working on the now-canceled life sim, which he says was "a strong project ready to launch to a strong audience". Speaking on…
June 19, 2024 | 09:26 EDT
Danganronpa creator Kazutaka Kodaka says that he and his team are "risking their lives" for their newest project, the PC and Switch-focused tactical RPG The Hundred Line: Last Defense Academy. In an…
June 19, 2024 | 08:35 EDT
EA CEO Andrew Wilson earned more than $25 million in the 2023-24 fiscal year, a new report shows, with the studio's NEOs (named executive officers) collectively taking home over $60 million across…
June 17, 2024 | 09:06 EDT
Alone in the Dark developer Pieces Interactive has seemingly been closed down by its parent company Embracer Group. Heading over to the official Pieces Interactive website, at time of writing,…
June 17, 2024 | 08:14 EDT
Dragon Age creator David Gaider has weighed in on the romance system that will be featured in the forthcoming Dragon Age: The Veilguard, and it sounds like he's not a fan of the way the game will…
June 14, 2024 | 10:23 EDT
It's about time for another look at the week in gaming business, and sadly, we've got some more grim numbers for you this week, with industry layoffs already surpassing last year's totals. Several…
June 14, 2024 | 09:35 EDT
It's time for another roundup of what's been happening this week on the business side of the gaming industry. Sadly, this week saw more studios laying off employees, including the somewhat bizarre…
June 7, 2024 | 11:21 EDT
Indie roguelike deckbuilder Dire Decks has been stolen and released on Steam under a different name by "developer" Terry Brash, and he's apparently unwilling to take his version of the game down.…
June 4, 2024 | 12:01 EDT
Ubisoft has announced that yet another studio is joining the long-awaited (and apparently rather troubled) Prince of Persia: Sands of Time remake. This time around (no pun intended), it's the turn…
June 3, 2024 | 11:41 EDT
Crash Bandicoot 4 and Spyro Reignited Trilogy developer Toys for Bob has officially confirmed that it will partner with Xbox for its next game. In a message on X (formerly Twitter), Toys for Bob…
May 31, 2024 | 11:30 EDT
It's time to take a look at another week in the world of gaming business, and this week saw PlayStation's new CEO Hermen Hulst sharing some words about the company's future, as well as a studio…
May 31, 2024 | 10:13 EDT
Silent Hill 2 remake developer Bloober Team has revealed that its partnership with Take-Two's Private Division label for an upcoming new horror IP has ended. That's according to a notice filed with…
May 30, 2024 | 10:25 EDT
Another week has gone by, and as ever, the gaming industry has done everything but stand still. This week, we've seen layoff roundups, final farewells from studios, and a buyout for some big names in…
May 24, 2024 | 09:44 EDT
The Pokemon Company has released some new figures for the Pokemon franchise, showing just how popular and enduring the series' legacy truly is. According to a new set of numbers on the company's…
May 24, 2024 | 08:52 EDT
Atari has announced that it has acquired the Intellivision brand and game library, putting to rest a 45-year-old rivalry between the two classic gaming companies. In a post on the official Atari…
May 23, 2024 | 09:54 EDT
Embracer Group has released its financial statement for both the last fiscal year and the final quarter of said year, and it includes a tease for the impressive amount of projects the group currently…
May 23, 2024 | 08:48 EDT
Barbie and Matchbox company Mattel has announced a partnership with Outright Games, which is apparently a "leading publisher" of family-friendly games. According to a press release, Mattel is…
May 22, 2024 | 11:11 EDT
Helldivers 2 developer Arrowhead Game Studios has appointed a new CEO, but don't worry; former CEO Johan Pilestedt isn't going anywhere. Per GamesIndustry.biz, ex-Paradox and Hooded Horse exec Shams…
May 22, 2024 | 09:45 EDT
Amazon Games has announced that it's opening a new studio in Bucharest, Romania, representing the studio's fifth development location and its first in Europe. Per an announcement post on the…
May 21, 2024 | 10:40 EDT
Nintendo has announced that it is to purchase Hogwarts Legacy and Mortal Kombat 1 porting studio Shiver Entertainment from former owner Embracer Group. In a notice announcing the acquisition,…
May 21, 2024 | 08:25 EDT
Death Stranding 2 mastermind and legendary auteur Hideo Kojima has revealed that the filming and recording process for the upcoming sequel is complete. In a recent radio interview (via Famitsu, with…
May 20, 2024 | 09:15 EDT
Baldur's Gate 3 and Divinity: Original Sin 2 developer Larian Studios has opened a new studio location in Warsaw, and the studio is also beginning development on two new projects. Per a post on X (…
May 20, 2024 | 08:18 EDT
Take-Two boss Strauss Zelnick has denied shutting down two studios under the company's umbrella earlier this month, despite strong evidence to the contrary. Back in early May, evidence began to…
May 17, 2024 | 10:49 EDT
It's time for a look at what's been happening on the business side of the gaming industry this week, and sadly, the ongoing wave of layoffs and studio closures has continued. Some studios have…
May 17, 2024 | 09:51 EDT
Activision has announced a brand new studio called Elsewhere Entertainment. Based in Poland, the studio consists of industry vets who've worked on games like The Last of Us and The Witcher. In a…
May 16, 2024 | 11:55 EDT
SteamWorld publisher Thunderful Games has announced it will close one of its studios as part of an ongoing restructuring effort. In its financial presentation for 2024's first quarter, Thunderful…
May 15, 2024 | 09:47 EDT
Nexon has released its financial report for the first quarter of 2024 (since the studio operates on a January to January basis in fiscal year terms), and apparently, The Finals isn't performing as…
May 14, 2024 | 10:49 EDT
Sony has released its financials for the 2023-24 fiscal year, and the PlayStation division of the business has had a pretty strong twelve months, driving over a third of the company's overall sales…
May 14, 2024 | 09:11 EDT
Paradox has announced that Double Eleven, longtime steward of the Prison Architect franchise and developer on Prison Architect 2, is parting ways with the simulation series. In a post on its…
May 13, 2024 | 11:53 EDT
Square Enix has released its financial results for the 2023-24 fiscal year, and things are looking a little grim for the company in profit terms. According to its results presentation, Square Enix's…
May 13, 2024 | 08:47 EDT
Lords of the Fallen publisher CI Games has announced another round of layoffs, with 30 more employees being let go from the company as part of a restructuring effort that started in January.…
May 10, 2024 | 12:20 EDT
Sega has released its financial information for the fiscal year ending in March 2024, and while profits are up, the in-depth picture is a bit more complicated than that might suggest. According to…
May 10, 2024 | 08:51 EDT
Kadokawa, the parent company of Elden Ring developer From Software, has released its financial results for the 2023-24 fiscal year, and sales and profits are both down in the gaming sphere. Since…
May 9, 2024 | 10:46 EDT
Konami has announced its financial results for the 2023-24 fiscal year, and it looks like it's been a year of record profits for the Metal Gear Solid and Silent Hill publisher. Per Konami's official…
May 9, 2024 | 09:41 EDT
Capcom has released its financial statement for the 2023-24 fiscal year, and the company says it's enjoyed a seventh straight year of record profits, driven largely by the release of two major…
May 9, 2024 | 08:59 EDT