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Game Development August 8, 2024

Mark Darrah says devs should answer 6 questions before starting studio: “If ‘make money’ is your only reason, it’s not enough”

Starting your own studio is a risky endeavor, whether you’re a solo developer or someone with deep pockets. Mark Darrah, programmer, consultant, and former BioWare producer, has broken down the key questions you need to answer before embarking on this adventure.
Events August 8, 2024

WN International Summit in Shanghai, held in partnership with ChinaJoy, brought together record 424 attendees

On July 25, WN x ChinaJoy International Summit in Shanghai set a record attendance for small events organized by WN Media Group. The event for game developers and publishers brought together professionals from Tencent, miHoYo, Bandai Namco, Bilibili, iDreamSky, Scopely, ByteDance, and more.
Legal August 8, 2024

Roblox banned in Türkiye over alleged child exploitation and incentivizing them to engage in inappropriate activities

Türkiye has imposed a ban on Roblox, a game platform featuring thousands of UGC experiences. The country’s officials said the decision was made to protect children.
Industry News August 8, 2024

Nexon aims to “snowball” its IP growth and enter new markets as DnF Mobile sends China’s Q2 revenue up 200%

Nexon has released its financial report for the second quarter ended June 30, 2024. The company introduced a new business strategy, while posting strong revenue and profit growth driven by the success of DnF Mobile in China.
Industry News August 7, 2024

New publisher Digital Bandidos to work with indie games with budgets up to $3 million

Steve Escalante, founder and former general manager of the now-closed Versus Evil, has launched a new publishing label. The company, called Digital Bandidos, will focus on small-budget indie games.
Industry News August 7, 2024

Former IO Interactive, Riot, and Plarium devs start Chamo Games to make “non-lethal” FPS

Chamo Games is a new game studio formed by industry veterans. The team, comprised of former IO Interactive, Plarium, Riot Games, and Ubisoft devs, has already secured funding for its debut project.
Industry News August 7, 2024

Rising game sales and services help PlayStation offset 21% decline in hardware revenue in Q1

Sony has released its financial report for the first fiscal quarter ended June 30, 2024. Just like other platform holders, PlayStation saw a decrease in hardware revenue.
Industry News August 7, 2024

Cataclismo hits 120k copies sold: how it compares to other Hooded Horse-published games

Publisher Hooded Horse has added another successful indie project to its portfolio. Digital Sun’s strategy/tower defense game Cataclismo has reached an impressive sales milestone within two weeks of its release.
Market Analysis August 7, 2024

Top 5 Steam countries for games with over 100k players include US, China, and Russia, with Japan’s share growing since 2021

Steam is a global games platform, with its core audience spread across multiple regions (usually radically different from consoles). GameDiscoverCo recently analyzed geographical data to find the distribution of hit games by country.
Events August 6, 2024

Tencent, Epic, Unity, and more to attend WN Connect Cologne’24 on August 20

WN Media Group has announced a new event, WN Connect Cologne’24. It will take place in two weeks ahead of the annual Gamescom conference, with representatives of Tencent, Epic Games, Unity, DECA Games, Behaviour Interactive, and Newzoo among expected attendees.
Industry News August 6, 2024

Square Enix’s Q1 operating profit triples, but revenue slides on lack of new releases and weak back catalog sales

Square Enix has released its report for the first fiscal quarter ended June 30, 2024. The Japanese company posted a huge increase in operating profit despite weak sales.
Industry News August 6, 2024

Stormgate debuts outside Steam’s top 50, Black Myth: Wukong dethrones Elden Ring as top-grossing premium game

Stormgate, a new RTS from former Blizzard developers, has been to a lackluster debut. Here’s a closer look at its launch and the highest-grossing games on Steam over the past seven days.
Industry News August 6, 2024

Another Crab’s Treasure sells 500k copies across all platforms in just over three months

Another Crab’s Treasure has reached a new milestone in just over three months after its launch. The game has now sold 500k units globally.
Industry News August 5, 2024

[UPD] Investor panic sends Japanese gaming stocks tumbling, affecting Capcom, Sega, Nintendo, Konami, and others

Japanese stock markets have seen a severe meltdown, with investors panicking over fears of recession and other macroeconomic factors. This market sentiment has sent stocks of Japanese game companies tumbling.
Industry News August 5, 2024

NCSoft reports 133% growth in Q2 net profit, with Lineage franchise accounting for 70% of total revenue

NCSoft has released its financial report for the second quarter ended June 30, 2024. Here are the key business metrics and top-performing games.
Industry News August 5, 2024

Zenless Zone Zero lags behind previous miHoYo games despite making $100 million on mobile in its first month

It has been a month since the global launch of miHoYo’s new hit Zenless Zone Zero. According to new estimates, the game has already grossed almost $100 million on iOS and Android.
Industry News August 2, 2024

Report: King devs join new Blizzard team to develop AA games as Microsoft looks to leverage its IP portfolio

Microsoft and Activision have reportedly established a new game development team. It will focus on first-party projects with smaller budgets and will work as part of Blizzard Entertainment.
Market Analysis August 2, 2024

Elden Ring topped US charts in June, dominating across all platforms and already ranking as 5th best-selling game of 2024

June 2024 was marked by the launch of the Shadow of the Erdtree expansion for Elden Ring, which helped the game return to the top of the charts. Overall, video game spending in the US declined slightly year-over-year.
Industry News August 2, 2024

Armor Games Studios hit with layoffs affecting unknown number of employees across its publishing team

It appears that another indie company has been hit with layoffs. Publisher Armor Games Studios recently laid off an unknown number of workers.
Industry News August 2, 2024

Lack of new major games causes Nintendo’s Q1 revenue to fall 46.5%, with Switch continuing to slide

Nintendo has released its financial report for the first quarter ended June 30, 2024. The Japanese game maker saw declines in all key business metrics as the Switch enters its eighth year since launch.
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