News
Embracer extends credit and loan agreements amid ongoing restructure
Company has agreed to pay $254.1 million to banks by January 2025 as it continues to decrease its debt
Financials (Page 5)
News
GameStop posts lower sales, reduced losses
Retailer sees sales slump across the board, but narrows losses from $92.6 million in the year-ago quarter to $3.1 million
News
TinyBuild lowers revenue forecasts, settles legal dispute with Versus Evil
Update: Reports claim up to 30% of staff laid off across three studios
News
Sega says Sonic Superstars sales "weaker than expected"
The company noted the impact of Super Mario Bros Wonder's release
News
Frontier reduces revenue targets, refocusing on sims
Decision follows lower-than-expected sales of Warhammer: Age of Sigmar - Realms of Ruin
News
Bandai Namco invests in Flickplay and Code Charm
The company also took a stake in anti-toxicity platform GGWP last month
News
How is the UK's Video Games Tax Relief changing next year?
Following last week's Autumn Statement, the industry has a clearer idea of what the transition to Video Games Tax Expenditure means for games companies
News
Starbreeze revenue rises 42.9% to $46.6m in Q3
Publisher says Payday 3 has already recouped Starbreeze's investment since September launch
News
Embracer debt reduced to $1.4 billion as restructure continues
Group says it has laid off 904 people since the process began
News
Thunderful H1 revenue gets a 4% bump
CEO talks of "mixed results" for Q3 but distribution revenue increases due to ongoing Tears of the Kingdom sales and a continued effect from the Mario movie
News
Newzoo lowers 2023 games market value forecast to $184bn
But data firm expects industry to remain stable at 0.6% growth following last year's 4% decline
News
Unity announces layoffs despite increased revenue and reduced losses
Revenue rose 69% during Q3 2023 to $544 million
News
Warner Bros to expand its game IPs to live service and free-to-play
Q3 earnings reveal that Mortal Kombat 1 has sold nearly 3 million units
News
PlayStation 5 shipped 4.9m units during Q2 2023
PlayStation sales up 32% to $6.31 billion this quarter
News
Take-Two losses deepen to $543.6m in latest quarter
But CEO Strauss Zelnick remains optimistic, tells GamesIndustry.biz the publisher is "firing on all cylinders"
News
Sega raises forecasts after strong H1
Pachislot helps offset weaker-than-expected performance from video game sales and structural reform losses
News
Roblox revenue sees a 38% bump in Q3
Games firm boasted a daily active user count of 70 million during the quarter
News
Nintendo raises profit forecast to $2.8bn as Zelda shifts close to 20m units
Update: Super Mario Bros Wonder is officially the franchise's fastest seller at 4.3 million units in two weeks
News
Square Enix's H1 sales get a 5% bump as profits plummet
The launches of Final Fantasy 16 and Final Fantasy Pixel Master boost HD Games revenue by 48%
News
EA Sports FC 24 on track to beat FIFA 23
The football franchise is expected to be in the "low single-digit growth" for the year
News
EA Q2 FY24 bookings boosted by Sports FC 24 launch
EA Sports franchises exceeded the company's expectations, Apex Legends down year-on-year
News
Remedy posts flat revenue for Q3 2023
Sales were ever so slightly down, while Alan Wake Remastered drove an increase in royalty revenues
News
Rovio Q3 revenue dips by 6%
Among the four largest titles, Angry Birds Dream Blast was the only one to see growth in its gross booking
News
Ubisoft's H1 sees a 14% revenue bump
Firm says Assassin's Creed Mirage receives a solid launch with user numbers in line with Odyssey and Origins entries
News
Meta's VR division revenue down 26% in Q3
The firm's net income jumped by 164%, Zuckerberg said it was a good quarter for its community and business