Gaming Industry All Articles - Page 5

Ann, Ryuji, and Joker in Persona 5, an Atlus game
News

Persona Studio Atlus Raises Average Annual Employee Salary By 15%

Persona and Etrian Odyssey developer Atlus has announced an annual average employee salary increase of 15%. In a press release (which is in Japanese; we're using additional reporting by Noisy Pixel…

November 14, 2023 | 10:26 EST

A character in closeup while another character looks on in horror in the Humble Games title Stray Gods
News

(Updated) Humble Games Is Reportedly The Latest Studio To Be Hit By Industry Layoffs

Update (November 15th, 8:21AM): Humble Games has confirmed that it has laid off a number of employees. In a statement given to Sports Illustrated yesterday, the publisher said it has "had to say…

November 14, 2023 | 08:33 EST

The logo of Amazon Prime Gaming
News

Amazon's Games Division Hit by Over 180 Layoffs Amid Refocus on Prime Gaming

As the gaming industry continues to inexorably bleed jobs in what seems to be an annus horribilis for employment, Amazon has laid off over 180 employees from its games division. As reported by The…

November 13, 2023 | 07:41 EST

The Game Awards Nomination graphic
News

The Game Awards 2023 Nominees Announced: Baldur's Gate 3 & Alan Wake 2 Are The Most Nominated

Today, all the nominees for The Game Awards 2023 have been announced, honoring some of the best games and personalities of the year in 31 categories.  The nominees for Game of the Year are Alan Wake…

November 13, 2023 | 01:07 EST

Two soldiers standing heroically with rifles and looking into the distance against the backdrop of a warzone in Call of Duty: Modern Warfare 3, which is number one in the UK boxed sales charts
News

Call Of Duty Is Number One With A Bullet In Latest UK Boxed Sales Charts

The UK boxed sales charts data for the week ending November 11th is here, and Call of Duty: Modern Warfare 3 has unsurprisingly taken the top spot. For the last few weeks, Super Mario Bros. Wonder …

November 13, 2023 | 08:31 EST

the "Gamers Lawsuit" against Microsoft's Acquisition of Activision Blizzard represented by Edgeworth from Ace Attorney
News

"Gamers Lawsuit" vs Microsoft's Acquisition of Activision Blizzard Suffers Another Scathing Defeat

While the $68.7 billion acquisition of Activision Blizzard by Microsoft has been consumed, the attorneys behind the so-called "gamers lawsuit" have attempted to score a last-minute point in their…

November 11, 2023 | 05:35 EST

Matt Booty & Xbox Logo
News

Matt Booty Discusses Xbox Studio Leadership & Portfolio Strategy: "We Don't Have a Portfolio Bingo"

Microsoft's Matt Booty, who has just been promoted to President of Game Content and Studios at Xbox, shared interesting insight on his philosophy regarding studio leadership and portfolio strategy.…

November 11, 2023 | 03:20 EST

The Lich King and Arthas from World of Warcraft by Samwise Didier
News

Legendary Blizzard Art Director Samwise Didier Retires After 32 Years at The Studio

Samwise Didier, one of the most well-known and beloved creatives at Blizzard Entertainment, has announced his retirement today. Didier, who worked as a senior art director on several projects and…

November 10, 2023 | 05:43 EST

Naughty Dog Logo & Ellie from The last of Us Part II
News

Naughty Dog Head of Technology Leaves After 17 Years at PlayStation's Studio

Today The Last of Us and Uncharted developer Naughty Dog announced that its head of technology, Christian Gyrling, has left after 17 years at the studio. Gyrling has worked at the Santa Monica-based…

November 10, 2023 | 03:26 EST

Golden Joystick Award - Baldur's Gate 3
News

Baldur's Gate 3 Wins Game of The Year at Golden Joystick Awards; FFVII Rebirth Takes Most Wanted

Today the awards ceremony for the traditional Golden Joystick Awards has been hosted, and the winners have been announced.  The Game of the Year award was won by Baldur's Gate 3 by Larian Studios.…

November 10, 2023 | 01:04 EST

The player aiming a gun at a cardboard cutout of a woman holding a bowl in Samurai Punk's satirical game The American Dream
News

Screencheat And Killbug Developer Samurai Punk To Shut Down After Ten Years

Australian indie studio Samurai Punk has announced that it is to shut down after ten years of operation. In an announcement post on the official Samurai Punk website, directors Winston Tang and…

November 10, 2023 | 08:36 EST

Digital Extremes Logo & Wayfinder Key Art
News

Warframe Developer Closes External Projects Division, Lays Off Employees, Drops Wayfinder Publishing

Today Warframe developer Digital Extremes confirmed that it has laid off a number of employees in what appears to be an annus horribilis for employment in the gaming industry. As reported by Polygon…

November 9, 2023 | 05:23 EST

The new Nexon CEO Junghun Lee and the company's logo
News

Nexon Appoints New CEO Junghun Lee Promising "Powerful Pipeline of New Games"

Today Nexon announced a big change at the helm, with CEO Owen Mahoney stepping down and Nexon Korea's current CEO Junghun Lee taking over the leadership of the whole company. Mahoney is not leaving…

November 9, 2023 | 12:16 EST

PlayStation Logo & Destiny
News

PlayStation Revised Plans for Live Service Games With Only 6 Titles Coming by FY 2025

During Sony's quarterly financial conference call for investors and analysts, CFO and COO Hiroki Totoki talked extensively about the PlayStation Business, and commented on the layoffs at Bungie and…

November 9, 2023 | 03:26 EST

PlayStation Logo and PS5 console
News

PS5 Has Shipped 46.6 Million Units as PlayStation's Sales & Profits Grow Year-on-Year

Sony just released its financial results for the second quarter of the fiscal year, related to the period between July and September 2023. The press release reveals that the PS5 has shipped 4.9…

November 9, 2023 | 01:19 EST

Grand Theft Auto 6 Mockup
News

Grand Theft Auto 6 Is "Completely Protected" From Possible Actors Strike According to Take-Two

Today, during Take-two's financial conference call for investors and analysts, CEO Strauss Zelnick answered a few relevant questions about Grand Theft Auto 6 and the GTA franchise. Zelnick mentioned…

November 8, 2023 | 06:21 EST

Grand theft Auto 5 and Red Dead Redemption 2 Art
News

Grand Theft Auto V Has Sold 190 Million Units Ahead of GTA6 Reveal; RDR2 at 57 Million Units

Take-Two Interactive Software announced its financial results for the second quarter of the fiscal year, related to the period between April 2023 and June 2023, alongside an update on sales for Grand…

November 8, 2023 | 04:26 EST

Mortal Kombat & Hogwarts Legacy Published by Warner Bros.
News

Warner Bros. Eyes More Live Services as Mortal Kombat 1 Sells Nearly 3 Million Copies

Today, during Warning Bros. Discovery's quarterly financial conference call, chief executive officer David Zaslav talked about Mortal Kombat 1, Hogwarts Legacy, and the company's gaming business.…

November 8, 2023 | 02:24 EST

TimeSplitters Future Perfect cover Art & Embracer Logo
News

TimeSplitters developer Free Radical Reportedly Faces Closure Only 2 Years After it Was Reopened

Amid the restructuring initiative that has been sweeping Embracer Group's studios, Free Radical Designs is another developer reportedly facing closure. According to a report by VGC, citing anonymous…

November 8, 2023 | 12:32 EST

Samba de Amigo: Pçarty Central and Sega Logo
News

Sega's Financial Results Reveal Declining Profits for Games Due to Weak Performance of New Titles

Sega just announced its financial results for the first half of the fiscal year, related to the period between April and September 2023.  Net sales were 221,158 million yen (up 47.3% year-on-year)…

November 7, 2023 | 11:34 EST

Ubisoft logo with Black Background
News

Ubisoft Lays Off 124 People to "Streamline operations" & "Enhance Collective Efficiency"

Today Ubisoft has announced a new round of layoffs affecting over 100 of its employees, mostly based in Canada. According to a report by Kotaku confirmed by Ubisoft itself, the company is "…

November 7, 2023 | 12:57 EST

Square Enix Logo & Clive From Final Fantasy XVI
News

Square Enix Sales Grow & Profit Drops YoY Following Release of Final Fantasy XVI & Pixel Remasters

Square Enix announced its financial results for the first half of the fiscal year, related to the period between April 2023 and September 2023. Net sales were at 172,046 million yen (up 5.3% year-on…

November 7, 2023 | 03:55 EST

Bandai Namco and Armored Core
News

Bandai Namco Announces Declining Financial Results for Games as Armored Core 6 Can't Beat Elden Ring

Bandai Namco announced its financial results for the second quarter of the fiscal year, related to the period between July 1, 2023, and September 30, 2023. Sales for the whole company were 502,002…

November 7, 2023 | 02:43 EST

Nintendo Switch Logo & Zelda from The Legend of Zelda: Tears of the Kingdom
News

Nintendo Switch Has Shipped 132.46 Million Units; Tears of the Kingdom Sold Almost 20 Million Units

Today Nintendo announced its financial results for the first half of the fiscal year, between April 1 and September 30, including an update on Nintendo Switch unit sales. The press release mentions…

November 7, 2023 | 01:43 EST

Four characters standing against a wall in Saints Row, a game released under the Embracer Group umbrella via THQ Nordic
News

Embracer Group COO Egil Strunke Leaves Amid Turmoil To Found New Studio

Embracer Group COO Egil Strunke has announced he is departing the studio in order to found his own company. In a post on LinkedIn earlier today, Strunke says he's parting ways with Embracer Group,…

November 6, 2023 | 09:14 EST

Mario leaping alongside a Piranha Plant and a Ninji enemy in Super Mario Bros. Wonder, the UK boxed sales charts' number one game
News

Super Mario Bros. Wonder Still Top Of The Flagpole In UK Boxed Sales Charts

Super Mario Bros. Wonder continues to dominate the UK boxed sales charts, which isn't likely to come as a surprise if you've been keeping track of the game's phenomenal success. For the week ending…

November 6, 2023 | 08:50 EST

The Last of Us Multiplayer art and logo
News

Director of The Last of Us Multiplayer Game at Naughty Dog: "Yes, I’m Still Working on That Game"

Following the delay of the upcoming The Last of Us multiplayer game Naughty Dog has been working on, there have been rumors of its cancellation floating around the internet. These rumors, which many…

November 4, 2023 | 01:13 EDT

Phil Spencer and Blizzard Entertainment logo
News

Xbox Boss Phil Spencer Promises to "Nurture What Has Made Blizzard Unique" Following Acquisition

During the celebration of BlizzCon 2023, Microsoft Gaming CEO Phil Spencer walked on stage to deliver his message to Blizzard Entertainment fans. Spencer, who is now ultimately at the helm of the…

November 3, 2023 | 04:19 EDT

Motorsport Games Logo & Nascar Rivals Screenshot
News

Nascar Rivals Studio Motorsport Games Laying off 40% of Employees as Industry Keeps Bleeding Jobs

Unfortunately, the wave of workforce reduction that is sweeping the gaming industry is continuing with layoffs announced at Nascar Rivals developer Motorsport Games. With a Form 8-K sec filing (…

November 3, 2023 | 01:21 EDT

The player putting their hand on a robot-like figure with the word "Arti" written on him in 11 bit Studios' game The Invincible
News

11 bit studios Teams Up With AMD For Several Games And Shows The Invincible Running In 8K Resolution

Frostpunk 2 and The Invincible developer 11 bit studios has teamed up with tech company AMD for several of the former's upcoming projects. AMD's tech will power the aforementioned two games, as well…

November 3, 2023 | 11:38 EDT

A character in spiky armor walking towards the camera and flanked by two fiery hellhounds in Neverwinter, a game by Cryptic Studios
News

Neverwinter Developer Cryptic Studios Hit By Layoffs As Embracer Continues To Cut Jobs

Neverwinter developer Cryptic Studios has been hit by a round of layoffs, making it the latest in a line of companies to suffer this fate. Employees affected by the layoffs include lead environment…

November 3, 2023 | 10:57 EDT

Konami Logo and eFootball 2024 screenshot
News

Konami Announces Financial Results Including Large Profit Growth

Konami announced its financial results for the first half of the fiscal year, related to the period between April 1 and September 30, 2023.  Total revenue was 153,851 million yen (+3.7% year-on-year…

November 2, 2023 | 03:17 EDT

Starfield is getting Nvidia DLSS
News

Starfield Beta Update With Nvidia DLSS & Frame Generation Coming to Steam Next Week

Today Bethesda announced that the next update for its massive RPG Starfield will be available publicly at a beta test next week.  As announced on the developer's X (formerly Twitter) account, the…

November 1, 2023 | 07:26 EDT

EA Logo alongside a player from EA Sports FC 24
News

EA Sports FC 24 Achieves 14.5 Million Active Accounts & Drives "Strong" Financial Results for EA

Today Electronic Arts announced its financial results for the second quarter of the fiscal year 2024, related to the period between July 1 and September 30, 2023. The results, defined "strong" by…

November 1, 2023 | 04:31 EDT

The logo of Sega with "super" written on it
News

Sega Plans its "Super Game" by March 2026 While "a Succession" of Old IPs Will Be Revived

Sega released today its Integrated Report 2023, including some interesting information about its games and businesses.  The 81-page document indicates the plans of the company for its entertainment…

November 1, 2023 | 04:53 EDT

An astronaut reaching down to pet a small cute creature in System Era's Astroneer
News

Devolver Digital Acquires Astroneer Studio System Era, Teases "New Ambitions"

Quirky indie publisher Devolver Digital has announced that it has acquired Astroneer developer System Era. Devolver says that "almost a decade of mutual admiration and friendship" has led to this…

November 1, 2023 | 05:14 EDT

The Logo of Destiny
News

Bungie Reportedly Laid Off 100 Employees After Poor Destiny 2 Sales as More Details Emerge

Following yesterday's news about layoffs having hit the staff of Destiny 2 developer Bungie, more details are surfacing about the scope and circumstances of the operation.  According to a report…

October 31, 2023 | 05:16 EDT

The classic squinting PS2-era Max Payne firing a gun into the camera, representing Remedy's upcoming Max Payne remakes
News

Max Payne Remakes Now In "Production Readiness Stage" As Remedy Shares Info On Upcoming Projects

Remedy has shared new information about the status of its upcoming Max Payne remakes, as well as a number of other projects in the works at the studio right now. In a new investor document looking…

October 31, 2023 | 09:59 EDT

The staff of Digital Eclipse gathered in an office cluttered with gaming merchandise while one of them holds a company logo poster
News

Atari Acquires Retro Specialist Studio Digital Eclipse In Multi-Million Dollar Deal

Atari has announced that it is to acquire retro gaming specialist studio Digital Eclipse. The deal is expected to be finalized in the coming days and totals $20m in value, with $6.5m of that being…

October 31, 2023 | 09:04 EDT

Koei Tecmo Logo and Atelier Resleriana Art
News

Atelier Resleriana & More Drive Record Quarterly Mobile Revenue for Koei Tecmo

Today Koei Tecmo announced its financial results for the first half of the fiscal year, including the period between April 2023 and September 2023. Sales for the whole company were 39,722 million…

October 30, 2023 | 08:53 EDT

Cayde 6 Appears in Destiny 3: The Final Shape Trailer
News

Destiny 2 Developer Bungie Suffers Layoffs Among Reported Delays for The Final Shape and Marathon

As the industry continues to cut jobs, Bungie, developer of Destiny 2 and semi-recently acquired PlayStation studio, is the latest to suffer layoffs. Community Manager and Co-Lead of Accessibility …

October 30, 2023 | 02:32 EDT

Microsoft and FTC argue over Sony and Ubisoft, portayed as Edgeworth and Phoenix Writht from Ace Attorney
News

FTC Allowed to Investigate Sony & Ubisoft Deals in Microsoft & Activision Merger Case With a Caveat

While the $68.7 billion acquisition of Activision Blizzard by Microsoft has finally been closed, the legal battle between Microsoft and the FTC to keep it closed is still ongoing. A couple of weeks…

October 29, 2023 | 06:41 EDT

AI (represented by HAL 9000) and Ubisoft logo
News

Ubisoft "Working Hard" on Using AI To Make NPC and Worlds "More Alive, Reactive, and Intelligent"

Today, during the quarterly financial conference call for investors and analysts, Ubisoft CEO Yves Guillemot was asked about the company's plans for the convergence between AI and creativity in game…

October 26, 2023 | 02:18 EDT

Ubisoft's Assassin's Creed Mirage & The Crew: Motorfest
News

Ubisoft Delays Unannounced "Large Game" & Boasts Record Sales for The Crew Motorfest

Ubisoft just announced its financial results for the first half of the fiscal year 2023-2024, related to the period between April and September 2023. The company boasts "robust activity" in the…

October 26, 2023 | 12:21 EDT

Capcom Logo and Street Fighter Key Art Portraying Luke
News

Street Fighter 6 Sells 2.47 million Copies & Drives Capcom's Overwhelming Financial Results

Capcom announced its financial results for the six months between April 1, 2023, and September 30, 2023, and as usual, they're definitely solid. Looking at the whole company, net sales were 74,934…

October 26, 2023 | 09:25 EDT

Xbox Logo and Starfield Screenshot
News

Starfield Passes 11 Million Players; Sets Record of Most New Game Pass Subscriptions on Launch Day

Microsoft is hosting its financial conference call for investors and analysts related to the first quarter of the fiscal year 2024, and Chief Executive Officer Satya Nadella and Chief Financial…

October 24, 2023 | 06:18 EDT

A view of the Xbox Series X and S
News

Microsoft Gaming Revenue Grows 9% As Games & Game Pass Lead the Charge While Xbox Hardware Declines

Microsoft announced its financial results for the first quarter of the fiscal year 2024, including the traditional details about the performance of its Xbox business.  The Xbox business is part of…

October 24, 2023 | 04:16 EDT

A rain-soaked street with a traffic light in the foreground in Cities: Skylines 2
News

Cities: Skylines 2 Devs Confirm 30FPS Target, Promise Further Performance Improvements

Cities: Skylines 2 developer Colossal Order has taken part in a Reddit AMA about the game, clarifying a few things about performance in the process. The game has just launched, and in the runup to…

October 24, 2023 | 12:54 EDT