Embracer divests Saber Interactive for $247M, pulls out of Russia
Embracer Group announced today that it has sold Saber Interactive for $247 million to Beacon Interactive. Reports of the deal going through first surfaced...
Stig Asmussen launches new studio Giant Skull for action-adventure games
Stig Asmussen, director of the Star Wars Jedi games and God of War III, announced today the launch of his new studio, Giant Skull....
Brain Jar Games raises $6.7M for debut title Dead as Disco
Brain Jar Games announced today that it has raised $6.7 million in its seed round of funding. The new studio plans to put the...
Epic Games ‘hackers’ admit threat of leak was phony
An alleged hack of Epic Games was revealed, by the “hackers” in question, to be fake. Last week, a ransomware group claimed to have...
SciPlay sponsors MLS pro Soccer team, Austin FC
SciPlay and Major League Soccer’s Austin FC have signed a multiyear sponsorship deal. This is the professional soccer club’s first partnership with a video...
Toys for Bob plans to go independent following Microsoft acquisition
Toys for Bob, the studio behind Skylanders and the most recent Crash Bandicoot and Spyro games, announced today that it is spinning off as...
Deck Nine lays off 20% of staff due to ‘worsening market conditions’
Chalk another loss up for 2024: Deck Nine Games, the developer of Life is Strange: True Colors and Telltale’s The Expanse announced today that...
EA cuts 670 roles, cancels Respawn Star Wars FPS and more
Electronic Arts has announced a new round of layoffs cutting 5% of the company’s workforce or roughly 670 roles. In addition to this reorg,...
NetEase, ex-CoD lead David Vonderhaar launch AAA studio BulletFarm
NetEase Games has partnered with veteran game designer David Vonderhaar to launch BulletFarm, a remote-first triple-A studio. Under Vonderhaar’s leadership, BulletFarm is developing a...
ESL Faceit Group lays off 15% of staff 2 years after $1.5B merger
ESL Faceit Group (EFG) is laying off 15% of its global workforce in an effort to reduce organizational complexity. This translates to the esports...