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
Xbox head Matt Booty has called for his studios to develop "smaller games" that attract "prestige and awards", just a day or so after closing four Xbox studios. According to The Verge, Xbox recently…
May 9, 2024 | 08:20 EDT
EA is to spend around $5 billion on a share buyback scheme to make its stockholders happy over the next three years, despite the fact that it recently laid off hundreds of employees. The company…
May 8, 2024 | 10:19 EDT
A new report has emerged which suggests that the long-awaited Redfall offline update was potentially just weeks away from launching before Microsoft shuttered Arkane Austin yesterday. Arkane Austin…
May 8, 2024 | 09:34 EDT
Microsoft has closed four of its internal studios, including Redfall and Prey developer Arkane Austin and Hi-Fi Rush studio Tango Gameworks. In an internal email seen by IGN, Xbox Game Studios head…
May 7, 2024 | 09:52 EDT
Remedy Entertainment, the studio behind Alan Wake 2 and Control, has announced that it's canceled the secretive Codename Kestrel, a multiplayer game being worked on in conjunction with Tencent. In…
May 7, 2024 | 08:39 EDT
Nintendo has confirmed that it will make an announcement regarding the Switch 2 (name not official) sometime before the end of this fiscal year. Speaking on the official Nintendo X (formerly Twitter…
May 7, 2024 | 08:21 EDT
Unity has announced that its new CEO is former Zynga COO and EA exec Matthew Bromberg, who will take the role later this month. Per a Unity press release, Bromberg will become Unity's CEO on May…
May 2, 2024 | 10:52 EDT
Update May 3rd 4:31AM: Limited Run Games has responded to the controversy surrounding its 3DO releases, promising to "do better". The company responded to our request for comment yesterday,…
May 3, 2024 | 04:36 EDT
Sales analysis group Circana has released its monthly gaming industry sales data, and Capcom's open-world RPG Dragon's Dogma 2 has done pretty well for itself. After Helldivers 2 topped February's…
May 1, 2024 | 10:44 EDT
Evidence is piling up that points to Intercept Games, developer of Kerbal Space Program 2, being shut down by parent company Take-Two. While no official announcement has been made regarding…
May 1, 2024 | 09:41 EDT
Deliver Us the Moon and Deliver Us Mars developer KeokeN Interactive has announced it's laying off its entire team after having "exhausted all [its] possible options". In a message posted on X (…
April 30, 2024 | 10:31 EDT
Koei Tecmo has released its financial statement for the fiscal year ending in March 2024, and it contains an interesting nugget of information regarding recently-released open-world action RPG Rise…
April 30, 2024 | 08:56 EDT
Square Enix has declared an extraordinary loss of $140.8m for the financial year ending in March 2024, relating to what it calls "content abandonment losses". In a statement released earlier today,…
April 30, 2024 | 08:19 EDT
Remedy Entertainment has released its financial statement for the first quarter of 2024, and it looks like survival horror sequel Alan Wake 2 has yet to make back its development and marketing budget…
April 29, 2024 | 11:22 EDT
Resident Evil director and industry legend Shinji Mikami has revealed some of the reasons he left Tango Gameworks, the studio he founded all the way back in 2010. Mikami departed Tango last year,…
April 26, 2024 | 10:09 EDT
Kingmakers and Hello Neighbor publisher tinyBuild has released its financials for 2023, and they paint a pretty gloomy portrait for the studio. In its yearly financial summary, tinyBuild reveals…
April 24, 2024 | 10:50 EDT
Thomas Mahler, the CEO of No Rest for the Wicked developer Moon Studios, has come out swinging in favor of Early Access, describing it as "one of the best decisions" his studio ever made. In a…
April 24, 2024 | 09:58 EDT
Atari has announced it's bringing back its Infogrames label as a publishing wing, and the newly-minted label's first acquisition has also been revealed. Infogrames is actually the name under which…
April 23, 2024 | 09:25 EDT
Two of the creative minds behind the WipEout and Skate franchises have announced a brand new studio venture in the form of Starlight Games. Starlight describes itself as a "new and pioneering"…
April 22, 2024 | 11:43 EDT
Embracer Group has announced that it will split into three separate entities, calling the move a "transformative step for value creation". The new companies are Asmodee Group, Coffee Stain &…
April 22, 2024 | 03:28 EDT
Devolver Digital has released its financial statement for the 2023 fiscal year, and the report contains news of a Human Fall Flat 2 delay, as well as a somewhat gloomy portrait of the company's sales…
April 18, 2024 | 08:51 EDT
Take-Two Interactive will lay off around 5% of its workforce and cancel several projects currently in production as part of a plan to reduce costs across the company. According to Reuters, about 600…
April 17, 2024 | 08:16 EDT
Mobile and browser game publisher Miniclip has acquired PowerWash Simulator developer FuturLab in an attempt to shore up its presence in the console and PC gaming spaces. In a post on its official…
April 11, 2024 | 08:07 EDT
Gearbox Publishing San Francisco has announced a rebrand. The company is now going by Arc Games, and it's also teasing a brand new trailer for a hotly-anticipated indie project soon. In a post on…
April 9, 2024 | 08:52 EDT
An ex-Call of Duty developer has shed new light on a canceled Raven Software live-service Zombies project, detailing what the game would have been and how it would have played. In an interview with…
April 8, 2024 | 10:35 EDT
Konami has announced that it will raise the base salary for its Japanese employees for the third consecutive year. In a press release (which is in Japanese; we're using machine translation), Konami…
April 8, 2024 | 09:28 EDT
Relic Entertainment, the studio behind Company of Heroes and Warhammer 40,000: Dawn of War, has announced layoffs following its move to independence last week. In a post on the official Relic…
April 5, 2024 | 07:37 EDT
Legendary indie studio Vlambeer, best known for games like Ridiculous Fishing and Nuclear Throne, is making a return, but co-founder Rami Ismail won't be a part of the company anymore. Writing on…
April 4, 2024 | 11:03 EDT
Bungie executive Jaremy Rich has departed the Destiny 2 developer to join Sony as its new head of live-service product management. This news comes via a post on Rich's LinkedIn page, wherein he…
April 4, 2024 | 10:40 EDT
Update April 5th 7:38AM: A Microsoft spokesperson has confirmed to us that Tameem Antoniades is no longer with Ninja Theory. The spokesperson told us that Antoniades "was involved in the early…
April 4, 2024 | 08:46 EDT
Stellar Blade and Goddess of Victory: Nikke studio Shift Up has already begun advertising for employees for a new project, and it sounds like an ambitious one. Per the official Shift Up website (…
April 3, 2024 | 10:58 EDT
Eiyuden Chronicle: Hundred Heroes developer Rabbit and Bear has appointed a new representative director after the sad and untimely passing of its previous head. Back in February, Suikoden and …
April 3, 2024 | 10:13 EDT
It's April Fools' Day once again, and you know what that means: a ton of joke announcements from some of your favorite gaming publishers and developers. Here, for your perusal, is our roundup of the…
April 1, 2024 | 09:44 EDT
Amidst the current industry doom and gloom, it's sometimes nice to see two studios just getting along with one another, and that's exactly what Helldivers 2 developer Arrowhead and Alan Wake 2 studio…
March 29, 2024 | 10:52 EDT
Today Cyberpunk 2077 and The Witcher developer CD Projekt hosted its fiscal year 2023 earnings conference, and provided interesting information about its games and business. The livestreamed…
March 28, 2024 | 02:28 EDT
Sega has sold off Warhammer 40,000: Dawn of War and Age of Empires IV developer Relic Entertainment, and a number of layoffs have also impacted other Sega studios. According to GamesIndustry.biz,…
March 28, 2024 | 08:51 EDT
Today Take-Two Interactive Software announced that it has reached a deal with Embracer to acquire the developer of the Borderlands franchise Gearbox Entertainment. The announcement made via press…
March 28, 2024 | 12:50 EDT
The Barcelona wing of Lost Ark and Crossfire studio Smilegate is to close down and all of its employees are to be laid off, if the studio's world director is to be believed. In a post on his…
March 27, 2024 | 09:47 EDT