WN Media Group has shared details about the upcoming WN Conference in Turkey. WN Conference Istanbul’22 will take place on June 7-8.

David Brevik, known as the creator of Diablo and Hellblade: London, has been thinking about making cheap but quality titles with his studio Graybeard Games. So he asked other devs about the viability of this model.

data.ai has revealed the winners of its Top Publisher Award 2022, sharing a list of 52 companies ranging by global consumer spend over the last year. The ranking includes publishers like Tencent, Activision Blizzard, miHoYo, and NetEase.

Players and game companies across the globe have been donating money to humanitarian aid in Ukraine ever since Russia sent troops to the country on February 24. The industry has raised almost $200 million for these efforts so far.

Embracer Group has no plans to stop its acquisition spree. The Swedish holding company wants to make at least several dozens of M&A deals in the future.

Electronic Arts spent a total of $3.5 billion on mobile acquisitions in 2021, adding several hit games to its portfolio. However, its mobile revenues have been actually declining ever since, as the company seems to be repeating the same mistakes it made over a decade ago.

Astra Fund is a new venture fund supporting “thinking games.” The company established by thatgamecompany (Journey) former producer Eileen Hollinger and 9 Dots president Josh Taylor has already invested in six indie titles.

Epic Games has closed a $2 billion round of funding with participation from Sony and KIRKBI. The company will use the money to advance its vision to “build the metaverse and support its continued growth.”

China’s National Press and Publication Administration (NPPA) has approved the first portion of video games in 263 days. It was the longest freeze in the country since 2018.

Coda is now reportedly nearing a deal to raise private funds at around a $2.5 billion valuation. The Singaporean firm is known for providing payment solutions for Activision, Tencent, and other big game companies.

Chris Avellone has started what he calls a “Fallout Apocrypha,” a living page where he will be answering questions about the games in the series he worked on and sharing insights on other related topics.

Tencent has paid more than $200 million to two of its executives in 2021. The Chinese tech giant, which saw its stock decline in the wake of Beijing’s crackdown on the games industry, didn’t disclose these employees’ names.

The global video game market will reach almost $300 billion by 2027, according to the latest report by ResearchAndMarkets.com. Mobile titles will account for over half of this number.

NFT sales in Axie Infinity have increased significantly following Sky Mavis’ pledge to restore hundreds of millions of dollars stolen in a hack. The game itself, however, has been reportedly struggling to retain players during the last month.

Take-Two has announced that it will be selling senior notes worth $2.7 billion in a new public offering. This money will go to partly fund the company’s acquisition of mobile publisher Zynga.

Activision Blizzard has decided to convert 1,100 testers to full-time employees and increase their pay in the wake of ongoing criticism. However, members of the Raven Software QA team won’t get any raises.

Ryan James Smith, tech art R&D director at Gearbox, has introduced a black hole model he’s been working on for a year and a half. The whole project was made with Unreal Engine.

Newzoo has shared new data on the cloud gaming market, saying that global revenues in the area will quadruple by 2024. According to analysts, this industry segment has reached an inflection point.

LEGO and Epic Games have announced a long-term partnership to create a metaverse space designed specially for children. The companies’ intent is to build a digital environment where kids can play and create content.