Gaming Industry All Articles - Page 3

Xbox and Activision Blizzard Logos
News

Microsoft Gaming Revenue Grows 49% Due to Activision Acquisition, Xbox Hardware Up 3% Year-on-Year

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 character from Cyberpunk 2077 and a Big Daddy from BioShock side-by-side
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Ex-Cyberpunk and BioShock Devs Form Antistatic Studios and Tease New Co-op PvE Shooter

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

Glory, Dietrich, and Eiger in the Harebrained Schemes game Shadowrun: Dragonfall, on which Mike McCain served as director
News

Oscar-Winning BattleTech Director Returns for Harebrained Schemes' Next Game

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

Tifa and 2B Counterfeit Statues from Final Fantasy VII Remake and NieR: Automata
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People Behind Counterfeit Final Fantasy and NieR: Automata Figures Criminally Charged in China

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 Yosuke Hayashi
News

Koei Tecmo Director Discusses The Importance of Being a Gamer to Excel as Manager

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

Shapeshifter Games Logo and Saints Row Screenshot
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Volition Veterans Form New Studio Shapeshifter Games, Working on Xbox Game Studios Project

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

Embracer and Eidos Montreal Logos
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Nearly 100 Employees Laid Off At Eidos Montreal as Embracer's Job-Killing Spree Continues

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

Koei Tecmo Logo
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Koei Tecmo Announces Financial Results With Growing Sales and Declining Profit

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

Lamball Pals in Palworld
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Palworld Developer Considering Legal Action Following Impersonation Case Advertising NFT

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

Art of Dark and Darker Featuring adventurers Fighting a Monster
News

First Legal Clash Between Dark and Darker Developer and Nexon Ends in a Draw

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

Crash Bandicoot and Coco looking sad in an image intended to represent the alleged Xbox gaming layoffs
News

Microsoft Reportedly Lays Off Almost 2,000 Staff from Gaming Workforce

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

Palworld and Detective Pikachu
News

The Pokemon Company Issues Statement About Palworld as the Game Passes 8 Million Copies Sold

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

Pople Can Fly Acronym on Mecha Chest
News

Outriders Developer People Can Fly Reportedly Hit by Layoffs

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

Riot Games Logo and league of Legends Cinematic
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League of Legends Developer Riot Games Laying Off 530 Employees, Riot Forge Will Cease Development

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

A giant bird pal in Palworld
News

Palworld Developer Denounces Death Threats and Slander Against the Game's Artists

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

A close-up of Jax, the main character in the Piranha Bytes game Elex 2
News

Piranha Bytes Admits to "Difficult Situation", Tells Fans "Don't Write Us Off Yet"

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 Logo and Sephiroth from Final Fantasy VII Rebirth
News

Square Enix Relying on Final Fantasy VII Rebirth to Reach Annual Target as CEO Reveals His Strategy

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

The Rockstar and Remedy logos next to one another
News

Remedy Says Rockstar Logo Dispute Was Resolved "Entirely and Amicably" Last Year

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

Two students gathered around a cauldron in Hogwarts Legacy, Circana's best-selling game of 2023
News

Circana Sales Data for December 2023 Reveals the Best-Selling Games of the Year

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

A female character with her hands crossed over her chest in CI Games' Lords of the Fallen
News

Lords of the Fallen Publisher CI Games Lays Off 10% of Its Workforce

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 FTC Objection With Sony and Ubisoft
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Microsoft Is Not Giving Up on Questioning Sony and Ubisoft in Legal Battle Against the FTC

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

Baldur's Gate 3 won't Be on Game Pass
News

Baldur's Gate 3 Director Explains Why Larian's Games Won't Be on Subscription Services

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

A paternal robot and a childlike robot sitting side by side in the Thunderful game SteamWorld Build
News

Thunderful To Lay Off 20% of Its Workforce as Part of “Restructuring Program”

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

Lost Boys Interactive Art and Logo
News

Embracer Strikes Again as More Layoffs Hit Lost Boys Interactive

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

Naoki Yoshida and Clive from Final Fantasy XVI
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Naoki Yoshida Discusses Who Should Direct Final Fantasy 17 and The Kind of Game He Wants to Do Next

The latest episode of the Game Maker's Notebook Podcast published by the Academy of Interactive Arts & Sciences featured an interesting interview with Final Fantasy XIV director and producer and…

January 12, 2024 | 11:38 EST

Replica Studios and SAG-AFTRA Logos
News

Actors' Union SAG-AFTRA Doubles Down on Controversial AI Voice Agreement But Silences Disagreement

Following yesterday's announcement of an agreement with gaming AI voice company Replica Studios, actors' union SAG-AFTRA is not backing down despite widespread criticism.  The union published the…

January 11, 2024 | 03:18 EST

A Slytherin student clutching a wand in Hogwarts Legacy, the number one game in this week's UK boxed sales charts
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The UK Boxed Sales Charts Are Still Under Hogwarts Legacy's Spell

The UK boxed sales charts data for the week ending January 6th is finally here, and lo and behold, it's still the Wizarding World to which gamers have been flocking. Hogwarts Legacy retains its…

January 11, 2024 | 08:42 EST

Team Fortress 2 source 2 Screenshot
News

Team Fortress: Source 2 Fan Project Ceases Development After DMCA from Valve

Today the developers of the Team Fortress: Source 2 fan project have announced that development will come to an end.  The decision was taken after the team received a DMCA takedown notice from Valve…

January 11, 2024 | 03:16 EST

A close-up of Jesse Faden's face in Remedy's Control, of which FBC: Firebreak is likely to be a spinoff
News

Remedy's New Trademark "FBC: Firebreak" Could Be Its Multiplayer Control Spinoff Project Condor

Remedy has filed a new trademark for something called FBC: Firebreak, suggesting that we finally have a name for the studio's upcoming multiplayer Control spinoff. The trademark, which was first…

January 10, 2024 | 09:18 EST

Steam logo and HAL 9000 from 2001: A Space Odyssey
News

Steam Changes Rules on AI to Allow "the Vast Majority of Games that Use It"

Today Valve announced that the rules on its Steam digital marketplace regarding games that utilize generative AI are changing.  The change has been announced in an official post and Valve claims…

January 9, 2024 | 11:02 EST

SAG-AFTRA is definitely on something.
News

SAG-AFTRA Announces "Groundbreaking" Agreement With AI Voice Company, and It Isn't Even April 1

Today SAG-AFTRA announced a deal, which it defines as "groundbreaking," with AI voice technology company focusing on the gaming industry Replica Studios. According to the press release, the…

January 9, 2024 | 04:32 EST

Microsoft nd Sony/FTC represented by Ace Attorney Characters
News

Judge Denies Microsoft's Demand for More Documents from Sony in Activision Blizzard Acquisition Case

The endless Saga of the legal battle between Microsoft and the FTC over the $68.7 billion acquisition of Activision Blizzard continues, but a Judge just shut a door in Microsoft's face.  A while ago…

January 9, 2024 | 01:03 EST

A shot of the young main character in the now-discontinued Unity sample game Gigaya
News

Unity To Slash 25% of Its Workforce in Order to “Refocus on Core Business”

Unity will slash 25% of its workforce in an effort to "refocus on its core business" and to move towards growth, a new report has revealed. According to a filing with the US Securities and Exchange…

January 9, 2024 | 09:38 EST

The ByteDance logo displayed on a building
News

ByteDance Wants To Sell its Gaming Assets, Possible Buyers Include Tencent

TikTok owner ByteDance has revealed that it's currently holding talks with Tencent and several other companies regarding the sale of its gaming assets. According to Reuters (which cites a ByteDance…

January 9, 2024 | 08:39 EST

Microsoft and Sony battle in court represented by Ace Attorney characters
News

Sony Rejects Microsoft's Accusation of Cherry-Picking Documents to Help FTC in Activision Deal Case

Following a pause for the New Year holiday, the preliminary battle has restarted between Microsoft and FTC about what documents and testimonies will be included in the administrative court hearing…

January 5, 2024 | 11:18 EST

Logos of Bossa Studios and Archiact
News

Bossa Studios and Archiact Hit by Layoffs as The Gaming Industry Continues to Bleed Jobs

The storm of layoffs that has been hitting the gaming industry continues, as two more studios are forced to downsize, letting several developers go.  The first is virtual reality developer Archiact…

January 5, 2024 | 03:21 EST

A close-up of a character from the Netmarble game Paragon: The Overprime
News

Korean Gaming Giant Netmarble Appoints New Co-CEO Byung Gyu Kim

Korean gaming giant Netmarble has appointed a new co-CEO, pending approval from the company's shareholders in March. Current vice president Byung Gyu Kim, who's currently in charge of business…

January 4, 2024 | 10:26 EST

Artwork from MapleStory showing a crying character with Nexon Logo
News

Nexon Apologizes After Regulator Imposes $9 Million Fine for Violations in MapleStory

The South Korean Fair Trade Commission has fined Nexon over violations of the Electronic Commerce Act in its popular games MapleStory and Bubble Fighter. Specifically, the regulator imposed a…

January 3, 2024 | 01:53 EST

A student holding a wand and looking distressed in Hogwarts Legacy, which topped the final UK boxed sales charts of 2023
News

UK Boxed Sales Charts See Hogwarts Legacy Closing Out the Year In Style

It's time for a look at the final UK boxed sales charts data of 2023, and one of the year's most popular games has once again emerged victorious. Hogwarts Legacy takes the last top spot of the year…

January 3, 2024 | 08:39 EST

The characters of Ace Attorney representing Micosoft and the CMA
News

Microsoft President Praises UK's CMA in Aftermath of Battle over Activision Blizzard Acquisition

Microsoft president Brand Smith spoke during a brief interview on the BBC about the battle with the British competition authority CMA that happened last year over the $68.7 billion acquisition of…

January 2, 2024 | 01:04 EST

A demon holding aloft a sword in Total War: Warhammer 3, a game by Sega Europe-owned studio Creative Assembly
News

Former Sega Europe CEO Jurgen Post Returns Amid Leadership Changes

Former Sega Europe CEO Jurgen Post will return to the company as part of some pretty big management changes, Sega Europe has announced. According to GamesIndustry.biz (which cites a Sega…

January 2, 2024 | 11:25 EST

A monstrous merchant in a fishmonger's in The Sinking City
News

The Sinking City Developer Frogwares Gets Full Publishing Rights, Promises New DLC

The Sinking City developer Frogwares has announced that it has obtained publishing rights for its game after a lengthy dispute with former publisher Nacon. In a new post on Steam, the developer says…

January 2, 2024 | 09:56 EST

Takashi Kiryu, CEO of Square Enix
News

Square Enix CEO Pledges to Be "Aggressive in Applying AI" and Cutting-Edge Tech to Development

Today, new Square Enix CEO Takashi Kiryu sent his traditional New Year's Letter from the President, outlining the strategy for the developer and publisher in 2024.  Within the fairly long-winded…

January 1, 2024 | 06:02 EST

A Juventus player looking off camera in EA Sports FC 24, which is once again at the top of the UK boxed sales charts
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EA Sports FC 24 Scores Top Spot Once Again in UK Boxed Sales Charts

The UK boxed sales charts data for the week ending December 23rd is here, and you'll never guess which perennial sports favorite has managed to cling to the top spot. That's right: it's EA Sports FC…

December 29, 2023 | 08:54 EST

Japanese flag superimposed on a view of Tokyo
News

Atlus, SNK, Too Kyo Games, and More: Several Japanese Developers Tease Unannounced Games

Today the Japanese gaming website 4Gamer published its traditional end-of-the-year post in which many developers talk about the past year and their ambition for 2024. Usually, this is a chance for…

December 27, 2023 | 03:34 EST

The artwork of the heroes of Fullmetal Alchemist Mobikel and the heroines of Engage Kill, Kisara and Chloe Tang
News

Two Mobile Games by Square Enix Bite the Dust, Shutting Down 13 and 19 Months After Release

Square Enix may be famous for its Final Fantasy and Dragon Quest games but it also handles plenty of mobile games, which aren't always successful, like the recent Engage Kill and Fullmetal Alchemist…

December 27, 2023 | 11:07 EST

A screenshot of Jukai Studio's Stray Souls
News

Stray Souls Developer Jukai Studio Shuts Down Following Poor Reception

Jukai Studio, the developer of othe action-horror game Stray Souls has announced its shutdown. This follows the closure (at least in its previous form) of the game's publisher Versus Evil.…

December 24, 2023 | 01:04 EST

Microsoft and Sony represented by Ace Attorney characters
News

Microsoft Aims to Force Sony to Share More Internal Details in Activision Blizzard Acquisition Case

With the administrative law proceeding that sees Microsoft face off against the FTC over the $68.7 billion acquisition of Activision Blizzard, the parties are scrambling to line up their weapons for…

December 23, 2023 | 09:15 EST