GameWorldObserver.com: online magazine about video games industry

All publications for 05.09.2024

Industry News September 5

Polish dev Ancient Forge lays off almost half of staff, citing rising costs and poor progress on two projects

Another game development studio has been hit with mass layoffs. Polish developer Ancient Forge has cut almost half of its workforce.

Industry News September 5

Nexon aims to grow its annual revenue to $5.2 billion by 2027 through IP expansion and hyperlocalization

Nexon aims to significantly increase revenue and operating profit in the medium term. The company has now detailed its new strategy to investors.

Featured September 5

“We were two drowning rats”: Game Science investor bet everything on Black Myth: Wukong, which already sold 18 million copies

Black Myth: Wukong has reached a new impressive milestone two weeks after its launch. Here is some data shared by Game Science’s biggest external investor.

Industry News September 5

Sony to focus on creating more original IP as part of its evolution into global media company

As part of its transformation into a global entertainment company, Sony plans to focus more on creating new IPs. That’s what the company’s CEO Kenichiro Yoshida has said about this strategy.