This week, Jim Ryan, President & CEO at Sony Interactive Entertainment, announced the Play At Home Initiative.

Rival Games, a Finland-based developer best known for its mobile title Alien: Blackout, has closed down.

Nifty Games Inc., a California-based developer and publisher focused on quick-session head-to-head sports games for mobile devices, has secured more than $12 million in Series A financing.

In the USA and Canada, a special designation has been introduced for games with loot boxes. Prior to this, all games with IAP, including those containing loot boxes, had the same in-game purchase notification.

Valve has announced Steam Game Festival Summer Edition. From June 9 to June 14, free demos of the upcoming games will be featured on the store. Developers wishing to participate must submit applications by April 24.

On April 22, a new digital platform will launch for the video games industry. It’s called the WN Hub and it will allow industry professionals to network and discuss relevant business topics. The platform has announced the speakers that will give talks during the launch week.

The Resident Evil 4 remake is reportedly in full production, with a release date set for 2022.

Rogue Games couldn’t afford supporting Vainglory anymore. The publisher shut down the servers for the mobile MOBA, but developer Super Evil Megacorp intends to independently keep the title alive.

Amazon, which is now “investing hundreds of millions of dollars” in games development and distribution, had to delay the release of its MMORPG New World.  They game should have come out in May, but the studio’s transition to remote work has “exposed some problems” that have to do with the technical and collaborative nature of game development.

With The Last of Us Part 2 delayed indefinitely, Naughty Dog’s Neil Druckmann suggested on PlayStation Blogcast that Sony is still exploring different scenarios for when and how to launch the title. One such option might involve the game’s digital-only release on May 29, with the physical copies arriving later.

In the 2019 financial year, CD Projekt’s revenue reached zł521m ($124.9m), up 44 percent from the previous fiscal year. Profit for the period hit zł175m ($41.9m) in a 66 percent increase.

GDC organizers have opened registration for GDC Summer that will take place August 4th through 6th in San Francisco.

Sony announced DualSense, a new wireless controller for PlayStation 5. The company is starting to ship the new controller in its final design to developers so that they can implement its features into their games.

Embracer Group, the THQ Nordic parent company, has raised $164 million through a direct share issue.

Video game industry in China is famously conducive to all sorts of political controversy. Most recently, Chinese developer Seasun Games has cut off 1.5 million players in Taiwan from JX3, a MMORPG similar to World Of Warcraft.

Japan’s Computer Entertainment Rating Organization (CERO) has suspended its review process after the Japanese government declared a state of emergency amid COVID-19 pandemic.

Steam shared information on developer earnings in 2019. Take this with a pinch of salt as Valve’s storefront might have slightly manipulated the stats in its favor.

Startup Fundamentally Games concluded a new seed round of funding. This company was created to help developers turn their games into services.

The “console war” is heating as users compare the specifications of upcoming PS5 and Xbox Series X. Head of Xbox Phil Spencer shared his view of the situation.