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Industry News August 6, 2021

Zynga reports record-breaking revenue, buys Golf Rival developer StarLark for $525 million

Zynga had a record-breaking second quarter, generating $720 million in revenue. On top of that, the company also announced an acquisition of Chinese studio StarLark, known for its mobile hit Golf Rival.
Industry News August 5, 2021

Report: Indie studio Fullbright bleeding female talent over co-founder’s controlling behavior

Award-winning studio Fullbright, known for games like Gone Home and upcoming Open Roads, is now going through an internal crisis. Toxic environment and Fullbright co-founder Steve Gaynor’s controlling behavior eventually led to a once close-knit team losing its female employees and essentially falling apart.
Industry News August 5, 2021

Unity licensing update now requires Pro subscription to develop games for Xbox

At the end of June, Unity updated parts of its licensing rules with no public announcements. The update changed the way smaller developers create games for closed platforms. For example, it requires a Pro license to launch a title on Xbox.
Industry News August 5, 2021

Embracer Group acquires 8 more companies for $213 million, including 3D Realms and CrazyLabs

Swedish holding Embracer Group has bought eight more companies. The list includes 3D Realms, CrazyLabs, and Ghost Ship Games. The whole deal cost the company $213.8 million.
Industry News August 5, 2021

Xsolla cites growth rate slowdown as reason for layoffs, CEO’s tweet causes further controversy

Aleksandr Agapitov, CEO and founder of Xsolla, held a press conference and explained that the mass layoffs are due to the fact that the company has stopped showing 40% growth.
Industry News August 4, 2021

Curve Digital sees indie action title The Ascent as ‘AAA competitor’ after it generates $5 million

Despite some mixed reviews from critics, players met The Ascent with generally positive reviews. And the game has already surpassed $5 million in revenue, which is a record for publisher Curve Digital.
Industry News August 4, 2021

Xsolla fires 150 employees using big data and AI analysis, CEO’s letter causes controversy

Russian payment services company Xsolla has fired 150 employees at once. What caused controversy wasn’t the staff reduction itself but the CEO’s letter, in which he tried to explain the reason behind this decision.
Industry News August 4, 2021

Epic Game Store expected to lose $130 million from its first wave of exclusive titles

It’s never been a secret that Epic Games has been losing tons of money from launching games exclusively on its store. Now we might have some exact figures dated 2019.
Industry News August 4, 2021

Activision Blizzard August 3 update: Blizzard HR head Jesse Meschuk fired, ABK Workers Alliance speaks against law firm WilmerHale, class-action lawsuit filed on behalf of investors, execs delete their Twitter accounts

Following the news of Blizzard president J. Allen Brack’s departure from the company, Activision Blizzard announced that Jesse Meschuk, Blizzard’s senior vice president of HR, also left (and took his Twitter account with him).
Industry News August 3, 2021

Report: Tencent to acquire King’s Bounty developer 1C Entertainment

Tencent is continuing its acquisition spree, with the latest report claiming that the Chinese company is ready to buy 1C Entertainment. The Russian-founded and Poland-based company is best known for reinventing the iconic King’s Bounty series.
Industry News August 3, 2021

Playrix to support charities in four countries as part of its $115K nonprofit contest

Mobile publisher Playrix has announced the results of its annual nonprofit contest, which lets employees request finances for a charity of their choice. The company allocated a total of $115,000 for this initiative.
Game Development August 3, 2021

Voodoo’s Corentin Selz on hybrid-casual games: “We want players to stay for 14 or 30 days, or even longer”

Corentin Selz, Publishing Manager at Voodoo, discusses how the publisher is transforming its existing portfolio of hits into hybrid-casual titles in order to meet the increased demand from users for more in-depth gameplay.
Industry News August 3, 2021

Tencent and NetEase shares sink after Chinese state media compare games to ‘electronic drugs’

In just 24 hours, shares of the Chinese tech giants like Tencent and NetEase dropped drastically in the wake of the state newspaper comparing games to drugs.
Industry News August 3, 2021

J. Allen Brack stepping down as Blizzard Entertainment president amid ongoing harassment scandal

On August 3, Blizzard Entertainment announced that J. Allen Brack is stepping down as the leader of the studio. After his departure, Jen Oneal and Mike Ybarra will co-lead the company. They will share responsibilities over game development and company operations.
Industry News August 2, 2021

Valve reportedly consents to fan-made Half-Life 2 Remastered Collection

Last week, a listing for Half-Life 2: Remastered Collection was spotted on the Steam Database. While it’s not an official remaster from Valve, insider Tyler McVicker claims the project has “Valve’s consent.”
Industry News August 2, 2021

Linux hits 1% user share on Steam for first time in years, which is over 1 million players

The share of Linux users on Steam has historically been pretty low. However, it has now reached 1% for the first time in years soon after the Steam Deck announcement.
Industry News August 2, 2021

Plarium buys Finnish studio Futureplay to expand and diversify its games portfolio

Plarium, known for mobile games like Raid: Shadow Legends and Vikings: War of Clans, has entered the Finnish games market. The Israeli company acquired local studio Futureplay for an undisclosed sum.
Industry News August 2, 2021

Gaming deals activity in H1 2021: “4x growth vs. H1’20 on all fronts”

According to InvestGame, the gaming segment in H1’21 saw “a vast 4x growth vs. H1’20 on all fronts,” with $32.7B (vs. $7.7B in H1’20) deal value across 267 deals, including $20.4B in M&As (+486% YoY), $2.8B in private transactions (+367% YoY), and $9.5B in public offerings (+157% YoY).
Industry News August 2, 2021

Misogyny tax, whistleblowing controversy, and other news in Activision Blizzard ongoing scandal

There is still a lot going on around Activision Blizzard. In our latest round-up, we report on Frances Townsend blocking her own employees on Twitter, a story about the so-called “misogyny tax” against the company, and a former Diablo developer urging to create unions.
Industry News August 2, 2021

New World tops Steam weekly chart for second week in row

Amazon’s new MMORPG New World continues to lead the Steam chart. It was also the only game from the previous week, besides GTA V, which managed to stay in the top 10.
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