GameWorldObserver.com: online magazine about video games industry

All publications for 15.08.2024

Industry News August 15

Embracer sees 91% drop in new PC and console game revenue, plans to focus on key IPs to improve profitability

Embracer Group has reported financial results for the first quarter ended June 30, 2024. The Swedish posted a decline in revenue, but outlined a plan to improve the profitability of its PC/Console Games segment.

Industry News August 15

Steam launches helpfulness system to deprioritize uninformative reviews with ASCII art and memes

Valve continues to work on improving Steam in terms of user experience. The company is currentyl testing a new feature aimed at filtering out uninformative reviews.

Industry News August 15

Shift Up made $19 million from Stellar Blade in Q2, with its total revenue up 65% to record $48 million

Shift Up has released its first financial report since going public. Let’s take a closer look at the South Korean developer’s quarterly revenue and other business metrics.

Industry News August 15

Tencent sees DnF Mobile as new evergreen hit, calls Valorant “biggest PC game in China” as its Q2 profit soars 82%

Tencent has released its report for the second quarter ended June 30, 2024. The Chinese tech giant resumed the growth of its video game business, driven by the success of Dungeon & Fighter Mobile and adjustment of evergreen titles.