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Industry News November 12, 2024

PUBG tops Steam weekly charts, BG3 returns to top 10, plus strong debuts from Planet Coaster 2 and FS25

Many free-to-play hits on Steam have experienced an increase in gross revenue over the past seven days. Here’s our weekly roundup of the top games on the platform, including new releases and impressive comebacks from older hits.
Industry News November 12, 2024

Shift Up expects Stellar Blade to sell better on PC than PS5, citing global success of Black Myth: Wukong among reasons

Shift Up has released its financial report for the third quarter ended September 30, 2024. Here’re the key findings about the South Korean company’s performance and its games.
Deals November 12, 2024

Plarium to be sold for up to $820 million as Aristocrat focuses on its core assets outside of casual and mid-core mobile games

Australian gambling company Aristocrat has decided to divest one of its core assets, Plarium. The Raid Shadow Legends developer will be sold to Modern Times Group (MTG) for up to $820 million.
Industry News November 11, 2024

Platform exclusives dominate Metacritic’s list of highest-rated original games of 21st century, with Perfect Dark at top

Sometimes it feels, and rightly so, that the games industry, outside of the indie segment, is lacking new IP. Here’re some observations from Metacritic’s fresh list of the highest-rated original games of the 21st century.
Industry News November 11, 2024

Square Enix shares plunge on weak H1 results, with video game revenue down nearly 20%

The market has reacted negatively to Square Enix’s latest financial report. The Japanese company recorded a significant decline in both revenue and profit.
Industry News November 8, 2024

Sega reports 22% growth in H1 video game revenue, driven by DLC sales, back catalog, and Rovio

Sega has released its financial report for the six-month period ended September 30, 2024. Despite a lack of new hits, the Japanese publisher saw strong growth in its video game business.
Events November 8, 2024

Online gambling event WN iGaming Summit coming to Cyprus on December 11 in cooperation with Google

On December 11, WN Media Group will host its first event focused on online gambling. WN iGaming Summit, which will take place in Cyprus in partnership with Google, is expected to bring together over 500 professionals.
Industry News November 8, 2024

Warner Bros. Discovery to focus on four core game franchises as poor releases lead to $300 million-plus write-downs

Warner Bros. Discovery continues to suffer from a series of commercially failed video games. Here are the key takeaways from the company’s financial report for the three-month period ended September 30, 2024.
Industry News November 8, 2024

PlayStation’s Q2 report: profit up 184%, Astro Bot hits 1.5 million copies sold, PS5 tops 65 million units

Sony has released its financial report for the second quarter ended September 30, 2024. Here are the key takeaways about the company’s video game business.
Dev Interviews November 8, 2024

“There’re less than 1,000 games that make over $1M a month”: Video games vs. gambling in terms of competition, UA, and marketing

Games industry veteran Vladimir Nikolsky and online gambling traffic expert Alex Riddick have discussed the state of these two different markets during the recent WN Conference Cyprus’24. Here’re the main differences in terms of competition, user acquisition, and other issues.
Industry News November 7, 2024

Kojima Productions now owns full rights to Death Stranding IP as game surpasses 19 million players

In time for Death Stranding’s fifth anniversary, Kojima Productions has also that it now has full ownership of the IP.
Industry News November 7, 2024

Bandai Namco reports 188% growth in H1 video game profit, expects record full-year earnings

Bandai Namco has released its financial report for the first half of FY25 ended September 30, 2024. The company posted strong revenue and profit growth, thanks to the performance of its key franchises.
Industry News November 7, 2024

Take-Two’s Q2 report: Private Division divestment, NBA 2K25 sells 4.5 million copies, GTA+ subscribers up 36%

Take-Two has released its financial report for the three-month period ended September 30, 2024. The company posted modest growth in its key business metrics and shared several updates on its gaming pipeline.
Industry News November 6, 2024

Games industry layoffs surpass 13k for 2024 so far, with over 400 jobs cut in October

Game companies have been cutting costs this entire year, and October was no exception. Even the most conservative estimates show that there were over 400 layoffs last month.
Industry News November 6, 2024

Call of Duty: Mobile hits 1 billion downloads in five years, remains second top-grossing mobile shooter globally

Call of Duty: Mobile remains one of the top-grossing mobile games globally. The developers have now also boasted a new achievement in the number of installs.
Industry News November 6, 2024

Hogwarts Legacy hits 30 million copies sold: how it compares to Warner Bros’ best-selling franchises

Hogwarts Legacy has been a massive success for Warner Bros. Discovery’s gaming division, also strengthening the franchise’s position. And the game has now reached a new impressive milestone.
Industry News November 5, 2024

Nintendo revises full-year outlook as its H1 revenue fall over 30% and Switch sales continue to decline

Nintendo has released its financial report for the six months ended September 30, 2024. The company also lowered its full-year outlook.
Industry News November 5, 2024

Dragon Age: The Veilguard becomes 2nd highest-grossing premium game on Steam, behind only Black Ops 6

Thanks to various Halloween sales events, many older hits games returned to the Steam charts over the past seven days. However, the top spots are still occupied by new releases and evergreen hits.
Events November 5, 2024

Gaming execs and decision makers to gather at WN Media Group’s C-Level Summit in Abu Dhabi on December 13

WN Media Group is coming to the United Arab Emirates next month with WN C-Level Summit Abu Dhabi’24. This event is designed to bring together decision makers of top video game companies across Europe and the Middle East.
Industry News November 5, 2024

Kingdom Come: Deliverance sold another 2 million copies this year, bringing its total to 8 million units

Warhorse Studios has announced a new sales milestone for Kingdom Come: Deliverance. The medieval RPG has now sold over 8 million copies globally.
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