Embracer says 1,387 jobs and 29 games lost isn’t enough
2023 and 2024 have been ruinous for the game development community, as layoff after layoff has struck every corner of the industry. At the...
Overworld raises $10M to create anime-inspired free-to-play ARPG
Overworld, the developer partnered with blockchain games publisher Xterio, announced today that it has raised $10 million in a seed funding round. The studio...
Ubisoft beats its sales targets in Q3, net bookings at $675M
Ubisoft today revealed its financial earnings report for Q3 2024, a solid quarter in which it surpassed its financial targets. The company’s net bookings...
GTA V reaches 195M copies sold while hopes soar for GTA VI
Take Two’s Q4 2023 earnings report revealed that Grand Theft Auto V has sold 195 million copies since its September 2013 debut. This is...
Roblox reports 25% YoY growth with over $1B bookings in last quarter
Roblox Corporation today gave its latest earnings report, for the last quarter of 2023 and the full year together. The company reported strong growth...
Sky Mavis partners with GMonsters and Mixi to launch Fight League on Ronin
Axie Infinity developer Sky Mavis announced today that it’s partnering with Japanese games company GMonsters to launch new Fight League games on the Ronin...
Report suggests studios lack tech to sustain live service ambitions
Live service games, or ongoing games with regular post-release update, are one of the biggest and most competitive genres in the games industry. These...
Palworld momentum continues, reaches 19M+ players in 13 days
Palworld’s Cinderella story continues with developer Pocket Pair announcing that over 19 million gamers have played the survival monster-catching game since it launched on...
Activision Blizzard added $2B in revenue to Xbox’s Q2 growth
Microsoft revealed during its latest financial earnings report that its Xbox gaming division has seen a dramatic increase in revenue after last year’s acquisition...
Order of Meta raises $3.3M to launch mobile-first extraction shooter
Helsinki-based game developer Order of Meta officially unveiled its new mobile game, a PvPvE extraction shooter called Cargo Hunters. Alongside the game announcement, the...