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Industry News November 10, 2022

Unity’s loss from operations reaches $239 million in Q3, accounting for 74% of its revenue

Unity is still unprofitable as the company posted a loss from operations of $239 million in the third quarter (ended September 30). The Create Solutions segment, however, showed strong revenue growth.
Industry News November 10, 2022

Diablo Immortal and Candy Crush were biggest contributors to Activision Blizzard’s mobile growth in Q3

Mobile games accounted for over 50% of Activision Blizzard’s revenue in the third quarter. Here is how much money Diablo Immortal, Candy Crush Saga, and the company’s other mobile hits have exactly made.
Industry News November 10, 2022

Disco Elysium creators accuse ZA/UM investors of fraud, management claps back with misconduct allegations

The story around ZA/UM and the expulsion of the Disco Elysium creators has taken a new turn. Things are getting messier now, as Robert Kurvitz accuses the investors of fraud, while the management claims the dismissals were due to misconduct.
Industry News November 9, 2022

Overwatch 2’s 35 million players may seem like a lot, but how does that compare to other F2P hits?

Over 35 million people have already played Overwatch 2, a free-to-play sequel to Blizzard’s hero shooter. That’s an impressive start, but let’s see how these numbers compare to the launches of other successful F2P games.
Industry News November 9, 2022

Meta lays off more than 11,000 employees across all units as ‘last resort’ to fight falling revenues

Meta has cut around 13% of its workforce, which is the biggest round of layoffs in its history. Mark Zuckerberg took accountability for this decision and tried to explain how the company got to this point.
Industry News November 9, 2022

UPD: Ubisoft reportedly closes its Russian office after 8 years of operation

Ubisoft reportedly closed its office in Russia earlier this month, marking the company’s complete exit from the country. This comes a few months after the Assassin’s Creed maker stopped selling games to local players.
Legal November 9, 2022

EU concerned that Microsoft could make Activision Blizzard games exclusive to Xbox, opens in-depth investigation

The European Commission has opened a second phase of its investigation into Microsoft’s proposed acquisition of Activision Blizzard. The regulator outlined its concerns about how the deal could reduce competition.
Deals November 8, 2022

Unity completes ‘transformational’ merger with ironSource to help devs turn their games into sustainable businesses

Unity has officially completed its merger with ironSource. While outlining its future plans, the company also addressed developers’ concerns about monetization and a possible shift to the ad business.
Industry News November 8, 2022

Take-Two shares fall 17% amid mounting losses and reduced financial guidance

Take-Two has released a financial report for the three months ended September 30, 2022. The company recorded a net loss of over $250 million and lowered its full-year guidance.
Industry News November 8, 2022

Activision Blizzard profit drops 32% in Q3 largely due to Activision’s weaker results

Activision Blizzard has issued a financial report for the third quarter ended September 30, 2022. The company saw its revenue and profit fall year-over-year, largely due to Activision’s weaker performance.
Industry News November 7, 2022

Report: Microsoft’s $68.7 billion acquisition of Activision Blizzard could fall apart due to regulatory pressure

According to the latest report, some insiders at Activision have started to worry that the proposed merger with Microsoft could fall apart. The Xbox maker allegedly didn’t expect this level of scrutiny.
Industry News November 7, 2022

Call of Duty: Modern Warfare II generates over $1 billion in 10 days, topping previous record set by Black Ops II

It took Call of Duty: Modern Warfare II only 10 days to reach over $1 billion in revenue. Here is how this figure compares to other games in Activision’s biggest franchise.
Events November 7, 2022

WN Dev Day Canada’22 to take place in December. Submissions open for $100k developer contest

WN Media Group has announced a new free event, WN Dev Day Canada’22. It will feature both lectures from games industry experts and a special contest for local game developers.
Industry News November 7, 2022

Salaries at Rockstar, Take-Two, and other game companies in NYC revealed thanks to new law

New York City-based game companies now have to post salary ranges in their job listings under a new pay transparency law. This allows us to see how much money developers can make at Rockstar, Take-Two, and other studios and publishers with offices in the city.
Industry News November 3, 2022

The Long Dark director explains why indie devs should educate players about importance of ‘healthy revenue’

Hinterland founder and creative director Raphael van Lierop has outlined the factors behind the success of The Long Dark, a survival hit that recently surpassed 10 million players. He also tried to explain the importance of “healthy revenue” for independent developers.
Industry News November 3, 2022

Cyberpunk 2077 animation lead Sebastian Kalemba becomes game director of new Witcher trilogy

The new Witcher saga now has a game director — Sebastian Kalemba. Here is what to know about the CD Projekt veteran who contributed to creating animation for Cyberpunk 2077 and The Witcher 3.
Game Development November 2, 2022

How Assassin’s Creed III animation team raised the bar 10 years ago despite hardware limitations

Assassin’s Creed III animation director Jonathan Cooper has recalled how the Ubisoft Montreal team created animation for the game. From rebuilt combat to ragdoll physics, the devs did a great job, making the project look impressive even after 10 years.
Industry News November 2, 2022

EA betting big on Wild Hearts, expects Marvel partnership to have same impact on its business as Star Wars games

Electronic Arts has issued a report for the three months ended September 30. The company also detailed its upcoming Monster Hunter-like game Wild Hearts and shared its expectations for a partnership with Marvel.
Industry News November 2, 2022

Embracer shuts down Hitman GO developer Onoma, so Crystal Dynamics and Eidos can focus on new IP and Deus Ex

Embracer Group has decided to shut down mobile studio Onoma, just weeks after its rebranding. The Swedish holding company said it will allow Crystal Dynamics and Eidos Montreal to focus on PC and console game development.
Industry News November 1, 2022

How Spry Fox pioneered Merge genre with Triple Town: brief history of Netflix’s new first-party studio

Netflix continues its gaming expansion with an acquisition of Spry Fox. Let’s take a look back at how the studio made a name for itself in the mobile market as a pioneer of the Merge genre.
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