Sony has released a financial report for the first quarter ended June 30. PlayStation experienced a decrease in revenue and operating income, lowering its guidance for the full fiscal year.

Some say a game can’t become a commercial hit without a good publisher, while others claim that developers can survive and break through without signing “predatory contracts.” Here is what different industry professionals think about this age-old problem.

The mobile role-playing blockbuster from Israile-based developer Plarium has crossed a new threshold. From now on, RAID: Shadow Legends is a revenue colossus that has generated over $1 billion to date.

Diablo Immortal has reached another revenue milestone. According to Sensor Tower, the mobile version of Blizzard’s latest game has already generated over $100 million in less than two months since its launch.

The Federal Trade Commission (FTC) has filed a complaint to block Meta’s proposed acquisition of Within Unlimited, a studio known for its VR app Supernatural. This deal, according to the regulator, will let the company kill competition and become a monopolist in the industry.

Another studio led by former CD Projekt RED developers has been announced. Dark Passenger is now working on its debut title, an online action game about shinobi and kunoichi warriors.

More analysts forecast a slight recession in the games market this year. Newzoo lowered its global gaming revenues estimates from the $203.1 billion it had expected before.

Jason Schreier has reported on workplace improvements that have happened at Rockstar over the last three years. One employee described the changes as a “boys’ club transformed into a real company.” But some devs are skeptical about the future of GTA.

Wizards of the Coast has opened its new studio, Skeleton Key. Led by industry veteran Christian Dailey, the team will focus on making AAA games.

Indie creators will now be able to receive free PlayStation 5 dev kits through a new program. This is part of Sony’s strategy to improve the publishing process on its gaming platform.

Star Wars: Knights of the Old Republic remake might be in “serious trouble” after three years into development. Aspyr Media has put the game on pause, with some devs thinking it will be taken over by another studio.

After growing rapidly over the past two years, the Steam market is now facing a recession. Analysts expect a slight decline in games revenues on the platform in 2022 due to a number of macroeconomic factors.

Krafton has been building up its presence in the Indian market after relaunching PUBG Mobile in the country last year. The company has already invested $100 million in local startups, planning to double that amount this year.

Capcom has released a new financial report for the three months ended June 30. Despite seeing a decline in both net sales and operating income, the company still expects to achieve its goal for the current fiscal year.

Roblox had to take several steps to comply with China’s censorship, a new portion of leaked internal documents has revealed. The company also expected Tencent to clone the game and make its own version for the local audience.

Merge has been one of the ever-evolving genres on mobile for a while. AppMagic has interviewed several games industry experts to put the entire category under the microscope. This article highlights the key trends while trying to answer the question of whether the Merge genre is worth trying now.

Last year, Riot Games agreed to settle a gender discrimination lawsuit for $100 million. Now it has been approved by the court, meaning that women who sued the company will get their compensation.

Despite all the controversy and criticism, Diablo Immortal has reached another milestone. According to Blizzard, the game has generated over 20 million installs on both PC and mobile.

Bruce Straley, known for his work on The Last of Us and Uncharted, has announced his return to the games industry. The Naughty Dog veteran has started a new studio called Wildflower to make smaller, “creatively-charged” video games.