Subscriptions, live service games will slow down in 2024 | Newzoo
Newzoo today released its Market Trends report for the games industry in 2024, in which it predicts ways in which the industry will change...
ESL Faceit, Blizzard ally for the next chapter of Overwatch esports
Blizzard Entertainment and ESL Faceit Group are joining forces to operate the next chapter of Overwatch 2 esports: the Overwatch Champions Series. In this...
Endless Clouds will launch Web3 titles on Immutable zkEVM blockchain
Immutable and Endless Clouds have forged an alliance to launch blockchain-powered games in 2024. Sydney, Australia-based Immutable has been making many such announcements lately....
Launchbay Capital raises $100M VC fund for secondary growth investments
Launchbay Capital announced the first close of funding for its $100 million venture capital secondary growth fund. This means that London-based Launchbay Capital has...
Riot Games lays off 530 people as it focuses on high-impact projects
Riot Games cofounder/chief product officer Marc Merrill and CEO Dylan Jadeja announced in a post they have laid off 530 people at the company,...
Paper Ventures launches $25M blockchain VC fund
Paper Ventures has launched a $25 million venture capital fund for blockchain startups. It’s surprising to see a new player enter the blockchain venture...
Unstoppable Domains and The Sandbox create Unstoppable metaverse experience
Unstoppable Domains, Tuschay Studio and The Sandbox have partnered to create a metaverse gaming project dubbed Unstoppable Experience. Unstoppable Domains is a Web3 domain...
RallyHere teams up with Titan Forge Games on live service operations
RallyHere, a division of Hi-Rez Ventures, has partnered with Titan Forge Games to handle Smite 2 live service operations. Alpharetta, Georgia-based RallyHere started out...
Mirror Digital helps brands reach diverse content creators
Mirror Digital has built a business helping brands and advertisers reach its network of diverse multicultural content creators and influencers. Founded in 2012 by...
YouTube gaming chief Leo Olebe was among 100 staff laid off this week
When Google’s YouTube video division confirmed 100 layoffs on Wednesday, Leo Olebe, who was head of YouTube Gaming, was among those let go. Olebe...