Despite some ups and downs in recent years, the VR industry continues to grow. According to Newzoo, gaming revenues in the sector will exceed $3 billion by 2024.

It has been reported that games industry veteran Chris Avellone recently filed another defamation lawsuit against one of his accusers. He is now seeking damages, claiming all misconduct allegations were false and were made to destroy his reputation.

Krafton has released its financial report for the third quarter (ended September 30). The South Korean company behind the PUBG franchise also announced its plans to acquire Swedish developer Neon Giant.

Facebook and Google are cool, but there are many other traffic sources that can make very good profits. Konstantin Bocharov, a mobile UA lead at performance marketing agency Äppska, has told us about some of the most effective alternative sources, detailing their features and sharing some tips.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.