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Industry News November 1, 2022

NetEase opens new studio GPTRACK50 led by former Resident Evil and DMC producer Hiroyuki Kobayashi

Hiroyuki Kobayashi, games industry veteran and former Capcom producer, has joined GPTRACK50. It is the new NetEase-established studio, which will develop original IPs for global audiences.
Industry News November 1, 2022

PlayStation profit drops 49% in Q2 due to increased game development and acquisition-related costs

Sony has issued a report for the second quarter ended September 30, 2022. Although the company’s gaming revenue continued to grow, its profit significantly declined due to increased costs and other factors.
Game Development October 31, 2022

Mark Darrah explains what Alpha means in game development: “You open up the floodgates for testing”

Former Bioware executive producer Mark Darrah has tried to explain what Alpha means in game development, using Dragon Age: Dreadwolf as an example. He listed the distinctive features of this stage of production, also saying how much time usually passes between Alpha and launch.
Market Analysis October 31, 2022

Report: Chinese games market revenue to fall to $45 billion in 2022, first decline in 20 years

The Chinese video game market is expected to decline in 2022, according to the latest data by Niko Partners. There are many reasons for the downfall, including lower mobile spending and restrictive regulations.
Industry News October 31, 2022

Sonic the Hedgehog franchise tops 1.5 billion units sold and downloads, remains at center of Sega’s IP strategy

Sega Sammy Holdings has shared updated sales figures for Sonic the Hedgehod and its other gaming franchises. The company also released key financial results for the six months ended September 30.
Industry News October 31, 2022

Phil Spencer: “We’ll continue to ship Call of Duty on PlayStation similar to what we’ve done with Minecraft”

Phil Spencer has once again opened up about Microsoft’s gaming plans and ambitions. The Xbox head discussed the future of Call of Duty, the acquisition of Activision Blizzard, and the current state of Game Pass.
Game Development October 28, 2022

What went wrong during development of NecroBouncer: lack of planning and other mistakes to avoid

Andraž Oražem, Slovenian dev and founder of one-man studio Alchemy Sheep, has shared with us some ups and downs he faced while making his upcoming roguelike game NecroBouncer. This rollercoaster journey could help many other indie creators avoid making the same mistakes.
Industry News October 27, 2022

Microsoft still prefers vague stats when it comes to reporting Game Pass growth numbers

Microsoft recently shared some stats about Game Pass. However, the exact numbers still remain undisclosed, which makes it difficult to understand how the subscription service is actually growing.
Industry News October 27, 2022

Marvel Snap tops $2 million in first-week revenue, generating around $330k per day

New mobile CCG Marvel Snap has already generated over $2 million in its first week. The game developed by Hearthstone veterans is now climbing the download and revenue charts on iOS and Android.
Industry News October 27, 2022

Rocksteady co-founders to leave studio after 18 years, ahead of Suicide Squad release

Sefton Hill and Jamie Walker, co-founders of Rocksteady Studios, have decided to leave the company. They will step down from their roles at the end of 2022, just before of the Suicide Squad: Kill the Justice League launch.
Industry News October 26, 2022

Fool’s Theory has its roots in CD Projekt: who is the studio behind The Witcher remake 

CD Projekt has announced the remake of the first Witcher game, as the trend to reimagine popular franchises continues. The project is being built with Unreal Engine 5 by Polish studio Fool’s Theory.
Industry News October 26, 2022

Valve, Devolver, and other publishers start increasing Steam prices due to new regional recommendations

Soon after Valve updated its recommended regional pricing for Steam developers, some companies started increasing the prices of their titles in different countries. Here are some notable changes that have already taken place.
Industry News October 26, 2022

Panoramik, another Playrix-backed mobile studio, terminates cooperation with remote employees in Russia 

Cyprus-based mobile developer Panoramik has announced the termination of cooperation with remote employees from Russia. The company won’t relocate people, but will continue to work with those who have already left the country.
Game Development October 25, 2022

Valve increases Steam recommended regional prices, with Turkey and Argentina up over 450%

Valve has improved its pricing tool for Steam to help developers better manage selling their games in different currencies. The company also updated its recommendations, with significant price increases in certain regions.
Industry News October 25, 2022

Microsoft wants to bring more Chinese games to Xbox after missing out on Genshin Impact success

It seems that Microsoft regrets missing out on Genshin Impact, so now it wants to make up for lost opportunities. The company is reportedly scouting for Chinese games to strengthen its positions in the console race against Sony.
Events October 25, 2022

WN Conference coming to Tel Aviv, event to take place on November 23-24

WN Tel Aviv’22, the upcoming business conference for games industry professionals, has been announced. Here are the first details about the two-day event, which will feature an expo zone, lectures, and a contest for game developers.
Legal October 24, 2022

Disco Elysium lead designer Robert Kurvitz sues ZA/UM following exodus of key developers

The future of Disco Elysium remains hazy after several key developers left ZA/UM. It has now been revealed that the game’s lead designer and writer Robert Kurvitz has filed a lawsuit against the studio.
Industry News October 24, 2022

AppQuantum opens new offices to relocate remaining Russian employees abroad

Mobile publisher AppQuantum has expanded a relocation program for its Russia-based staff and decided to open several new offices abroad.
Industry News October 24, 2022

Persona 5 Royal becomes one of highest-rated PC games of all time, outshining classics like Half-Life 2 and GTA V

Persona 5 Royal, a critically acclaimed JRPG from Atlus, has been launched on PC to massive success. It is now the highest-rated game on the platform by Metascore, albeit with some nuances.
Market Analysis October 21, 2022

Report: games industry saw 976 deals in 2022, totaling at least $123 billion

In the first nine months of 2022, 976 deals were announced or closed across the games industry globally. Here are some key takeaways from Drake Star’s latest report, including the top 15 largest M&A deals this year.
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