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Industry News May 11, 2021

Activision files patent for real-time mapping 2D objects into 3D to optimize remastering of old games

Activision Blizzard wants remasters to use all leverages of 3D engines while also maintain the feel of the original games. That’s why the company decided to file a patent for technology that could map 2D assets into 3D in real-time.
Industry News April 30, 2021

Epic Games acquires ArtStation

Epic Games announced the acquisition of ArtStation.
Industry News April 30, 2021

Employees are leaving Toys For Bob after Activision moved studio to support Call of Duty Warzone

It seems that Toys For Bob, owned by Activision and known for creating Crash Bandicoot 4, is now suffering layoffs. It happened after the studio was moved to support the development of Call of Duty Warzone.
Industry News April 30, 2021

Google to change Google Play guidelines on app title, icon, and developer name

Google announced it is preparing to launch a new set of policies regarding app title, icon, and developer name.
Industry News April 30, 2021

Report: CD Projekt employees expected bigger bonuses, while 5 board members got $28 million

Despite the problematic and scandalous launch of Cyberpunk 2077, the game helped CD Projekt generate a record-breaking profit. Some employees, however, are not satisfied with how the annual bonuses will be split.
Industry News April 30, 2021

Accenture: global video games industry value exceeds $300 billion

Accenture has released a new report about the gaming industry based on data from 4,000 gamers across the US, China, Japan, and the UK.
Industry News April 30, 2021

Apple preliminarily found in breach of EU competition law

The European Commission has made a preliminary conclusion that Apple has broken EU competition law, following a complaint from Spotify filed in 2019. Apple is now facing a fine of up to $27 billion.
Industry News April 30, 2021

Main points from Returnal reviews: “It makes Doom Eternal seem like Baby’s First Shooter”

Returnal, the latest PlayStation 5 exclusive, is a AAA roguelite with some psychological horror elements. The game has received 86/100 on Metacritic, with critics praising its visual design, innovative DualSense features, and shooter mechanics.
Industry News April 29, 2021

Activision Blizzard CEO Bobby Kotick agrees to reduce his salary by $875,000

Bobby Kotick has been widely criticized for being paid too much. To align with Activision Blizzard’s targets, he will now cut his salary and bonuses by 50%.
Industry News April 29, 2021

Microsoft Store to reduce its cut from 30% to 12% on August 1

On August 1, Microsoft is reducing its Microsoft Store’s cut from 30 percent to just 12 percent to make the platform more attractive for devs and publishers.
Industry News April 29, 2021

GDC: only 3% game developers think 30/70 revenue share is justified

The Game Developers Conference (GDC) has published a new survey about the state of the video games industry. More than 3,000 developers and industry professionals shared their thoughts on the most popular platforms, revenue shares, and the impact of the COVID-19 pandemic.
Industry News April 29, 2021

PlayStation 4 generated almost half of Fortnite total revenue, while iOS only accounted for 7%

New court documents revealed Fortnite’s revenue split between different platforms. It looks like PlayStation 4 (not iOS) has been the main source of revenue for Epic Games’ battle royale.
Industry News April 29, 2021

MY.GAMES reports almost $150 million in quarterly revenue, with 78% of it coming from mobile

Russian gaming brand MY.GAMES, which operates mobile games and invests in studios across the world, has released its report for the first quarter of 2021. It reached almost $150 million in revenue, which is 39% of its parent company Mail.ru Group’s consolidated revenue.
Industry News April 29, 2021

Another Steam class-action lawsuit describes Valve as monopoly

Developer Wolfire Games filed an antitrust class-action lawsuit against Valve claiming that Steam has usurped around 75 percent of all PC games spending.
Market Analysis April 29, 2021

GameRefinery releases its Q1 2021 report: RPGs’ market share declines in China and Japan, while Shooters rise in China

GameRefinery released its quarterly snapshot report for Q1 2021. The report looks at the iOS market in the US, China, and Japan as a whole, including genre and publisher market share, player motivations, and shifts in market trends.
Industry News April 28, 2021

Golden Nintendo Wii made for Queen Elizabeth II up for sale for $300,000

This unique Nintendo Wii was made almost 11 years ago as part of a marketing campaign. It also comes with a golden controller and one game.
Industry News April 28, 2021

Nexon buys $100 million in Bitcoin, which represents almost 2% of company’s total cash

Nexon has become the first gaming company to publicly purchase cryptocurrency buying 1,717 Bitcoins for $100 million.
Industry News April 28, 2021

Microsoft reports over $3.5 billion in gaming revenue for record-breaking third quarter

Microsoft’s gaming business continues to grow, according to the company’s financial report for the third quarter (ended March 31).
Industry News April 28, 2021

Sony expects operating profits for its gaming business to fall 5 percent in FY2021

Following a record-breaking year (the Game & Network services reported ¥2,656bn in revenue and ¥ 342.2bn profit), Sony is bracing for weaker profits in many of its businesses including games. The company expects operating profits for PlayStation to fall 5 per cent to ¥325bn in FY2021.
Industry News April 28, 2021

German advertisers file antitrust complaint against Apple as it rolls out new privacy settings

A number of German media companies refused to just accept the new privacy policy Apple rolled out with its iOS 14.5 on Monday. They filed a complaint with the German Federal Cartel Office claiming Apple is abusing its market power.
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