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Deals June 14, 2022

Candy Crush developer King acquires AI company Peltarion for undisclosed sum

King has announced the acquisition of Peltarion, a Swedish company focused on AI and machine learning. This deal should help the Candy Crush developer integrate these technologies into its mobile games.
Industry News June 14, 2022

Devolver Digital shares drop by over 50% as investors not satisfied with lowered sales expectations

Devolver Digital has seen its share price drop by over 50% over the last few days. The decline happened after the publisher warned investors of slower-than-expected sales.
Industry News June 14, 2022

Wargaming opening new studios in Poland and Serbia to reinforce its global operations

After exiting Russia and announcing the closure of its office in Belarus, Wargaming has revealed its next step in the restructuring. The company behind World of Tanks is now opening two new studios in Serbia and Poland.
Industry News June 10, 2022

Diablo Immortal generates $14.5 million on mobile in 1 week, Blizzard calls it “biggest launch in franchise history”

Diablo Immortal has been a subject to criticism and polarizing opinions ever since its launch. However, the game has attracted a large audience in its first week, with Blizzard calling it the biggest launch in franchise history.
Industry News June 10, 2022

Activision Blizzard recognizes Raven QA testers’ union, pledges to begin “good faith negotiations”

A few weeks after a group of testers at Raven Software voted to form a union, it was officially recognized by Activision Blizzard. The company’s CEO Bobby Kotick has also promised to begin negotiations with the Communications Workers of America (CWA).
Dev Interviews June 10, 2022

Retro Forge on making 16-bit metroidvania Souldiers: “Keeping the entire world consistent has been a nightmare”

Spanish indie studio Retro Forge Games has just launched its debut title Souldiers, a 16-bit metroidvania offering a hardcore combat system and a big colorful world. We have discussed the game’s development and challenges the team faced along the way with the studio’s co-founder and programmer Leo Fernandez Infante.
Marketing June 9, 2022

Stunlock Studios on building strong community and other factors of V Rising’s successful launch 

V Rising is a vampire survival game, which peaked at 150k concurrent players on Steam and sold 1 million copies in just one week. Stunlock Studios has now opened up about factors that contributed to the game’s rapid success.
Industry News June 9, 2022

Call of Duty franchise surpasses $30 billion in lifetime revenue, with its sales topping 425 million units

Following the presentation of Modern Warfare II, Activision Blizzard has shared some stats on the Call of Duty series. It’s been revealed that the franchise has surpassed $30 billion in lifetime revenue.
Industry News June 9, 2022

CD Projekt stock sinks to 2018 lows, with analysts setting target price at less than $13 per share

The downfall of CD Projekt shares continues, with the company’s stock now falling to 2018 lows. Analysts, meanwhile, recommend selling shares, almost halving the target price.
Industry News June 8, 2022

Tencent to launch new global version of Honor of Kings as China still holds freeze on its games

Tencent will roll out a new global version of its biggest hit Honor of Kings. The announcement comes amid ongoing regulatory pressure in China, as no new games from Tencent have been approved by the government in 11 months.
Deals June 8, 2022

Keywords snaps up Age of Empires developer Forgotten Empire for $32.5 million

Keywords Studios, which provides different services to other game companies, has acquired Forgotten Empire for $32.5 million. The studio is known for working on remasters of the Age of Empires series.
Deals June 8, 2022

Saudi Arabia’s wealth fund invests $1 billion in Embracer Group, becomes its second-largest owner

Savvy Gaming Group, established by Saudi Arabia’s Public Investment Fund, has acquired a $1 billion stake in Embracer Group. This marks its second large investment in the Swedish games industry this year.
Industry News June 7, 2022

Former Arkane Lyon director joins French indie studio ZeDrimeTim to make Inside-inspired platformer Darwin’s Paradox

Romuald Capron, the former studio director of Arkane Lyon, has joined new Paris-based indie studio ZeDrimeTim. The team is now working on its debut game Darwin’s Paradox, a platformer influenced by 50s science fiction.
Industry News June 7, 2022

Dragon Age testers at Keywords Studios vote unanimously to form union

A new gamedev union has been formed by a group of QA contractors at Keywords Studios. The team, which is now working on the next Dragon Age game, voted unanimously for unionization after defending its right to work remotely.
Industry News June 7, 2022

China licenses 60 domestic games in second batch of approvals, including new miHoYo title

China has released a new list of approved games allowed for distribution in the country. This move comes amid concerns following the local regulator’s decision to license no domestic titles last month.
Industry News June 6, 2022

Pokémon GO surpasses $6 billion in lifetime revenue, generating $1 billion per year on average

Pokémon GO has topped $6 billion in lifetime player spending since its launch in 2016, according to Sensor Tower. Niantic’s title also remained the highest-grossing AR game globally last quarter.
Industry News June 6, 2022

Diablo Immortal becomes lowest-rated Blizzard game by players, while its revenue tops $6 million

Players have been ripping Diablo Immortal apart, dropping its user score on Metacritic to near-zero values. It is now the lowest-rated Blizzard game ever, excluding remasters and other rereleases. However, the title continues to generate money on mobile.
Deals June 6, 2022

Playstack snaps up Magic Fuel Games, mobile studio founded by EA veterans

Publisher Playstack has announced an acquisition of Magic Fuel Games, a mobile studio formed by former Electronic Arts developers. The team previously worked on the SimCity series and is now focused on city builders.
Market Analysis June 3, 2022

Diablo Immortal generates almost $800k in first 24 hours since its launch on mobile

Dialbo Immortal, the first mobile title in the prominent ARPG series, had a successful launch despite the controversy surrounding its monetization. The game has already generated almost $800k on iOS and Android in 24 hours.
Dev Interviews June 3, 2022

Afterburn on crafting Railbound, a cozy track-bending puzzle game that looks like a comic book come to life

Railbound is an upcoming track-bending puzzle game created by Poland-based indie team Afterburn. We spoke with the studio’s founder Luke Spierewka about the game’s development and creating its distinctive, comic-inspired visuals.
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