News
Curve Game acquires Hue franchise
With the purchase, publisher intends to add new content & potentially create sequels for the title
Jeffrey Rousseau (Page 47)
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PUBG: Mobile accounted for 75% of Krafton's Q1 2022 revenue
Firm also said its quarterly growth was attributed to PUBG going free-to-play on PC and consoles
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PlayStation staff criticize Jim Ryan's message on abortion rights
CEO didn't take a stance on the issue, but urged employees to "respect differences of opinion"
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Arkane Studios adds accessibility options to Deathloop
Developer update makes the title more accessible to disabled players eight months after its launch
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Report: Top 10 companies made 65% of global games market in 2021
Chinese gaming firm Tencent is the no. 1 revenue generator, while top earners revenue grew by 10% for the year
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RichCast launches $330,000 Creators Fund
Initiative aims to commission over 25 projects from game makers and other creative artists alike over the next year
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Ubisoft's annual sales decreased 4% to $2.2bn
Looking ahead, Yves Guillemot says the publisher plans to expand its franchises with four mobile games in development
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During Q1 2022 global mobile game revenue declined 6% to $21.2bn
The US saw a drop of 10% in consumer spending, whereas Japan's player revenue fell by 18% during the period
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Starbreeze Q1 losses increased 471% to $2.4m
CEO Tobias Sjögren said that player engagement "demonstrates how popular [Payday 2] still is 8 years after its launch"
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EA's live service offerings drove its fourth quarter earnings
Live services accounted for 85% of the period's net bookings, the firm reports continued gains for Q4 and full year revenue
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EA and FIFA end nearly 30-year-old-partnership
Update: FIFA president says "...the only authentic, real game that has the FIFA name will be the best one available for gamers & football fans"
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Tencent provides clarification on new subsidiary's business operations
Despite online rumors Tencent says "All games under Tencent will remain under the control of their original teams…"
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US District Judge says that Valve will face antitrust ligation
Judge Coughenour said that Wolfire Games' "allegations are sufficient to plausibly allege unlawful conduct"
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Zynga reports 2% revenue increase to $691 million for Q1 2022
CEO Frank Gibeau attributes first quarter financial performance in part to company's hyper-casual game offerings
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EA announces The Lord of the Rings: Heroes of Middle-earth is in development
Created under license from Middle-earth Enterprises, the mobile title is slated to enter limited beta this summer
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Arcadia VR shutters Moscow office
Developer announced that the branch was closed in February, invites some of its Russia-based employees to work aboard
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Deep Rock Galactic dev invests in Danish game studios
Games Swing, Ugly Duckling Games, and Half Past Yellow are Ghost Ship Games first three invested companies
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Turtle Beach explores potential buyout
Following its latest quarterly financials, company tells shareholders that its also looking into raising its value
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Nvidia to pay $5.5m in fees for misstating sales to crypto miners
SEC alleges firm misled investors as it reported revenue gains to gaming & not disclosing how much was due to miner purchases
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People Can Fly say that in 2021, Outriders hadn't made a profit
Sales were "insufficient to recover the costs & expenses incurred by the publisher to develop, distribute & promote the title"
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Razer to delist and go private this month
95% of the gaming tech firm's shareholders voted for its privatization after being public since 2017
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Ousted Arm China CEO is refusing to leave the company
New report also notes that the chip maker attempted to remove the executive back in 2020 for "conflicts of interests"
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Video game market revenue forecasted to hit $200bn for 2022
Newzoo report also says console games will generate $57bn for the year, up 8% year-over-year
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Social gaming platform Piepacker rebrands to Jam.gg
Since its launch in March 2020, the platform now has more than 2 million users globally
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Simply Games is active again since ceasing business operations
After falling silent for two months the retailer returns with a change in its control