Deals March 17, 2022 Tencent’s investment in Studio MayDay results in its rebranding to Riffraff Games Tencent continues to buy stakes in Western game companies. The Chinese tech giant now has a minority ownership of Studio MayDay, which is now working on two games.
Industry News March 17, 2022 Detroit: Become Human surpasses 6.5 million copies sold on PS4 and PC globally Detroit: Become Human is now officially the most commercially successful game in the history of Quantic Dream. The title has sold over 6.5 million units worldwide since its launch In April 2018.
Industry News March 17, 2022 Kowloon Nights surpasses $150 million in revenue across its portfolio of indie games Kowloon Nights, a fund for indie developers, has generated $150 million across its big gaming catalog. On top of that, the company also signed eight new titles.
Industry News March 17, 2022 Yacht Club Games releases free archive of Shovel Knight art from 7 years of production It is rare to see studios share their own assets with other developers for free. However, this is exactly what Yacht Club Games made by releasing a nearly 1GB archive containing all the art from Shovel Knight.
Industry News March 17, 2022 Square Enix joins growing list of companies to suspend game sales in Russia Square Enix has seemingly suspended game sales in Russia, with its titles becoming unavailable on Steam in the country. The company has also made a donation for humanitarian aid to Ukrainian refugees.
Legal March 17, 2022 US lawmakers introduce bill to block mergers worth $5+ billion ahead of Microsoft-Activision deal Democratic lawmakers have introduced a new bill prohibiting antitrust mergers. It would allow the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to block M&A deals worth $5 billion or more.