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Legal August 11, 2022

Epic Games v. Apple antitrust appeal to take place on October 21, with participation from Epic’s allies

The US Court of Appeals for the Ninth Circuit will hear Epic Games v. Apple antitrust appeal on October 21. The Fortnite maker will try to argue that Apple must be considered a monopoly, while the iPhone maker will challenge the court’s decision.
Industry News August 11, 2022

GTA revenue drops to pre-pandemic levels, but it still generates over $200 million per quarter

Grand Theft Auto remains one of the biggest gaming franchises globally. However, its quarterly earnings are back to pre-pandemic levels, although the numbers are still strong due to the success of GTA Online.
Industry News August 11, 2022

Apex Legends breaks its Steam record, peaking at 511k concurrent players

Apex Legends has reached another milestone after the Season 14 launch. Respawn Entertainment’s battle royale broke its previous record for peak concurrent players by almost 100k users.
Industry News August 11, 2022

Microsoft accuses PlayStation of paying devs to keep their games off Game Pass

Microsoft has commented on Sony’s concern over the Activision Blizzard acquisition. The company told a Brazilian regulator that PlayStation pays developers to stay off Game Pass to prevent Xbox’s growth.
Industry News August 10, 2022

Former Halo Infinite art director joins Tencent’s studio Team Kaiju to work on new AAA IP

A few weeks after announcing his departure from 343 Industries, Nicolas Bouvier has joined AAA studio Team Kaiju. He is another Halo veteran at the new development subsidiary of Tencent’s TiMi Studio Group.
Industry News August 10, 2022

Godot developers form new studio W4 Games to improve engine’s ecosystem

Juan Linietsky and a group of other Godot veterans have started a new company called W4 Games. Its goal is to strengthen the engine’s ecosystem and help the games industry to embrace the open source model.
Industry News August 10, 2022

Unity reports net loss of over $200 million, representing 68.7% of company’s revenue

Unity has issued a financial report for the second quarter ended June 30. Despite seeing strong revenue growth, the company’s losses also increased year-over-year.
Deals August 9, 2022

AppLovin offers to snap up Unity for $17.5 billion 

Another huge gaming acquisition is on the horizon. Mobile app marketing platform AppLovin has made an offer to buy Unity in a $17.54 billion deal.
Industry News August 9, 2022

Analyst expects Game Pass to reach 100 million subscribers if Microsoft’s acquisition of Activision Blizzard closes

Microsoft’s $68.7 billion acquisition of Activision Blizzard will likely close by the beginning of 2023. If this happens, the number of Game Pass subscribers might reach 100 million, an analyst believes.
Industry News August 9, 2022

Take-Two reports net loss of $100 million as Strauss Zelnik says “I don’t believe the entertainment business is recession proof”

Take-Two has released its first financial report after closing its acquisition of Zynga. Although the publisher’s revenue rose in the three months ended June 30, it posted a huge loss due to increased costs and macroeconomic factors.
Industry News August 8, 2022

Netflix games have 1.7 million DAU, less than 1% of its subscriber base

Less than 2 million people on average play games on Netflix daily. Although the number is small compared to successful mobile studios, the streaming giant will continue to invest in this field.
Industry News August 8, 2022

Guilty Gear Strive becomes first game in series to surpass 1 million copies sold

Arc System Works has announced that Guilty Gear Strive has reached a new milestone. The game is now officially the best-selling title in the long-running series.
Industry News August 8, 2022

Ice Code Games share price doubles amid Hard West 2 successful launch

Polish developer Ice Code Games has seen its shares increase by over 100% after the release of Hard West 2. The studio’s market capitalization reached almost $30 million.
Dev Interviews August 5, 2022

FlyinDogs on The Tales of Bayun, narrative adventure game on steroids set in gloomy world of Slavic folk tales

FlyinDogs is a Georgia-based team working on The Tales of Bayun, a narrative adventure game inspired by the Slavic folklore. The studio’s co-founder Ilia Maksimenko has told us about crafting a colorful yet gloomy fantasy world and diving into the sea of indie development.
Industry News August 5, 2022

Mobile developer Jam City lays off hundreds of employees due to global economic challenges

Another game studio has announced mass layoffs. Jam City has cut hundreds of people across several offices as part of its restructuring, citing economic challenges as the main reason.
Industry News August 4, 2022

CD Projekt and Xsolla partner with GamesForest.Club to protect forests

GamesForest.Club, a non-profit company helping the games industry invest in carbon absorption, recently partnered with two game companies. Xsolla and CD Projekt will join the organization to protect forests in Europe and South America.
Industry News August 4, 2022

Report: Tencent plans to raise stake in Ubisoft and become its single largest shareholder

Tencent continues to pursue Western expansion amid ongoing pressure in China. The company has reportedly reached out to the Guillemot family to increase its stake in the Assassin’s Creed maker.
Market Analysis August 4, 2022

All mobile game genres saw their revenues decline in US during first half of 2022 except for arcade and tabletop titles

The US mobile games market has faced a recession during the first half of 2022. According to Sensor Tower, nearly all genres saw their revenues decline from the previous year.
Industry News August 4, 2022

Report: Activision tries to block Blizzard Albany’s union, spending ‘hundreds of thousands’ on union-busting firm

A group of employees at Blizzard Albany, formerly Vicarious Visions, have accused Activation of preventing their unionization efforts. The Diablo IV developers say the company has spent hundreds of thousands of dollars to deny their labor rights.
Industry News August 3, 2022

Elden Ring generated 3.4 billion views on YouTube in two months, outshining GTA V and Skyrim

Elden Ring is on the way to becoming the best-selling video game of 2022. On top of that, FromSoftware’s latest title has also been named one of the biggest game launches in YouTube history.
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