PUBG Mobile has just hit another record. The game reached $5.1 billion in lifetime revenue, and most of it came from China.

The cloud gaming market is on the way to surpass a billion-dollar mark for the first time ever in 2021. According to a Newzoo report, it will reach $1.4 billion in revenue by the end of this year.

SEGA has been named the top video games publisher by Metacritic. It was one of only three companies to achieve an average score of 90+ for two different games in 2020.

Polish firm DM BOŚ has issued a report on the current financial state of CD Projekt after the problematic launch of Cyberpunk 2077. Analysts lowered the company’s valuation by almost half and provided their sales forecast.

Tencent has shared results for the fiscal year ended December 31. The company earned $29.3 billion from video games alone in 2020, which is almost half of its total revenue.

PUBG Mobile has just reached a new milestone. The mobile battle royal hit 1 billion downloads, which is a huge achievement for a core game.

Over the last few months, miHoYo proved that the successful launch of Genshin Impact wasn’t accidental. The game has surpassed $1 billion in player spending in under six months, which makes Genshin Impact the first mobile title to do so. We asked Craig Chapple, mobile insights strategist at Sensor Tower, to provide some context to the game’s success.

Pitching a game to publishers may be a huge problem. To help indie developers, Sony has released a guide on how to better present your project to PlayStation and increase chances to get a partnership deal.

Genshin Impact continues its record-breaking run. The game has just become the fastest mobile title to reach $1 billion in revenue.

Cloud gaming company Blacknut has reported a new milestone, with its catalogue of premium games now exceeding 500 titles.

Last year, FIFA experienced a huge decrease in revenue. However, it managed to earn almost $160 million from licensing. It is the first time in history when a major part of the association’s revenue came from video games.

Andrzej Zawadzki, who was a senior game designer of Cyberpunk 2077, left CD Projekt RED after almost 8 years. He hasn’t disclosed a reason for it yet.

Microsoft might be on the verge of another huge deal. According to the latest report, the company plans to acquire Discord for more than $10 billion.

This summer might bring some bad news for owners of PS3, Vita, and PSP. According to a new report, Sony will completely close these consoles’ stores this summer.

ByteDance is now expanding its game development division. The Chinese tech giant has just acquired mobile studio Moonton, developers of popular MOBA Mobile Legends, for an undisclosed sum.

Mobile developer and publisher Playrix has just bought a new studio. Boolat Games joined the company to work on the announced F2P title.

Digital sales of Cyberpunk 2077 have significantly decreased since its record-breaking performance at launch. According to analytics’ latest projections, CD Projekt could sell “as few as 500,000” digital copies in the quarter ending March 31.

Project Athia is now officially named Forspoken. Square Enix has shared new details about the upcoming project and showed its gameplay footage.

Quantic Dream announced they are teaming with Paris-based developer Parallel Studio to work on an “ambitious new title” featuring “narrative, atmospheric, and poetic cinematography”.