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Deals August 3, 2022

Keywords Studios snaps up Mighty Games for up to $6.9 million to improve its AI-based testing capabilities

Outsourcing developer Keywords Studios has acquired mobile studio Mighty Games. The deal will improve the company’s testing capabilities and bolster its presence in Australia.
Industry News August 3, 2022

Electronic Arts reports growth in revenue and profit, says it is in ‘incredible position’ as standalone company

Electronic Arts has released its financial report for the first fiscal quarter ended June 30. The company also noted that it has no consolidation plans and aims to become the “largest standalone independent developer and publisher” globally.
Industry News August 2, 2022

Slovak game developer Pixel Federation plants 86,000 trees with help of its players

Pixel Federation has hosted special events in its mobile games as part of the Green Game Jam. Players helped plant over 80,000 trees, exceeding its initial goal by eight times.
Legal August 2, 2022

Valve reaches agreement with Indonesian government to unblock Steam and its games

Valve has complied with Indonesian requirements, unblocking its products in the country. However, other services like the Epic Games Store and EA’s Origin remain unavailable.
Industry News August 2, 2022

Activision Blizzard’s revenue fall almost $700 million due to ‘lower engagement’ for CoD franchise

Activision Blizzard saw its revenue and profit decline in the second quarter ended June 30. Here are all the highlights from the company’s latest financial report.
Game Development August 1, 2022

Our Machinery terminates its game engine, changing EULA and demanding that devs delete binaries

Development of The Machinery game engine has been ceased. The announcement, however, came with a shady notice, with its creators requiring users to delete the source code and binaries.
Industry News August 1, 2022

Former Massive MD David Polfeldt joins PlayerUnknown Productions to create ‘successful studio culture’

David Polfeldt has found a new role four months after his departure from Ubisoft. The games industry veteran is now a senior advisor at PlayerUnknown Productions, a studio started by PUBG creator Brendan Greene.
Legal August 1, 2022

Steam, Epic Games Store, and more blocked in Indonesia due to non-compliance with local regulations

Last week, the Indonesian government banned several online platforms, including Steam, Epic Games Store, and Origin. It happened after the companies failed to comply with a new registration requirement.
Industry News August 1, 2022

Sony believes that no one can create Call of Duty rival with similar market impact

Sony has opened up about Microsoft’s proposed acquisition of Activision Blizzard. The company thinks that Call of Duty is such a unique franchise that it can make players prefer one console over another.
Industry News July 29, 2022

Former Xbox head Peter Moore says Microsoft encouraged console wars to challenge Sony

Peter Moore, who led Xbox before Phil Spencer, has said Microsoft encouraged the so-called console wars to drive competition. He also elaborated on the Red Ring of Death problem.
Industry News July 29, 2022

India blocks Krafton’s Battlegrounds Mobile India over national security concerns

Battlegrounds Mobile India (BGMI), a separate version of PUBG Mobile, has been banned in India due to its data sharing in China. This came after Krafton announced its plans to increase its investments in the country’s games market.
Dev Interviews July 29, 2022

Prospector: a casual yet complex survival game by Jacob Farny, a solo dev who wants players to author their own story

Jacob Farny, founder of one-man studio Loonworks Games, has opened up about his sci-fi simulation / base-building game Prospector. We discussed his love for the genre, the challenges of solo development, and his desire to create stress-free experiences that allow players to author their own story.
Industry News July 29, 2022

Former Assassin’s Creed director found new job at Tencent after his controversial departure from Ubisoft

Ashraf Ismail stepped down from a top position at Ubisoft in 2020 following allegations of misconduct. However, it’s been revealed that he quickly managed to find a new job at one of Tencent’s subsidiaries.
Industry News July 29, 2022

PlayStation operating income falls 37% due to weaker game sales and higher development costs

Sony has released a financial report for the first quarter ended June 30. PlayStation experienced a decrease in revenue and operating income, lowering its guidance for the full fiscal year.
Game Development July 28, 2022

Taking 50% of revenue for ‘nothing’? Indie devs and publishers debate on predatory deals and other pitfalls

Some say a game can’t become a commercial hit without a good publisher, while others claim that developers can survive and break through without signing “predatory contracts.” Here is what different industry professionals think about this age-old problem.
Industry News July 28, 2022

RAID: Shadow Legends becomes new dollar unicorn on mobile games landscape 

The mobile role-playing blockbuster from Israile-based developer Plarium has crossed a new threshold. From now on, RAID: Shadow Legends is a revenue colossus that has generated over $1 billion to date.
Industry News July 28, 2022

Diablo Immortal becomes second fastest video game IP to surpass $100 million in mobile revenue

Diablo Immortal has reached another revenue milestone. According to Sensor Tower, the mobile version of Blizzard’s latest game has already generated over $100 million in less than two months since its launch.
Legal July 28, 2022

FTC aims to block Meta from buying VR studio Within and monopolizing VR industry

The Federal Trade Commission (FTC) has filed a complaint to block Meta’s proposed acquisition of Within Unlimited, a studio known for its VR app Supernatural. This deal, according to the regulator, will let the company kill competition and become a monopolist in the industry.
Industry News July 28, 2022

New studio Dark Passenger led by former CDPR devs to make online game set in feudal Japan

Another studio led by former CD Projekt RED developers has been announced. Dark Passenger is now working on its debut title, an online action game about shinobi and kunoichi warriors.
Market Analysis July 27, 2022

Newzoo cuts global games industry revenue forecast to $196.8 billion due to supply issues and game delays

More analysts forecast a slight recession in the games market this year. Newzoo lowered its global gaming revenues estimates from the $203.1 billion it had expected before.
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