All publications for 07.02.2024
Paradox Interactive reports record revenue of $252 million for 2023, as Cities: Skylines tops 1 million copies sold
Paradox Interactive has published its financial report for the full year ended December 31, 2023. Despite strong revenue growth, the Swedish company is not satisfied with the quality and commercial performance of some of its games.
Activision Blizzard to lay off 899 employees across Infinity Ward, Blizzard, Toys for Bob, and Sledgehammer Games
It appears that nearly half of the 1,900 job cuts recently announced by Microsoft will affect Activision Blizzard employees in California. The Call of Duty maker will lay off a total of 899 workers next month.
RuneScape maker Jagex to be acquired for over $1 billion, with CVC Capital Partners named as buyer
RuneScape developer Jagex might be sold to Luxembourg-based private equity firm CVC Capital Partners. The studio’s current owner Carlyle Group has been looking for potential buyers for several months now.