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Deals December 12, 2024

NCSoft invests in Virtual Alchemy and Mistil Games to “enrich” its global pipeline with fresh IPs

NCSoft continues its global expansion by announcing two deals with two game development studios. This is in line with the Lineage maker’s strategy to diversify its portfolio.
Industry News December 12, 2024

11 bit studios shares plunge to 7-year low after publisher warns of possible $11.8 million write-off

Despite the recent success of Frostpunk 2, 11 bit studios has been struggling on the stock market. The fact that the Polish company may potentially cancel one of its projects in development has caused panic among investors.
Industry News December 12, 2024

New milestones for 2024 indie hits: Balatro tops 3.5 million copies sold, Buckshot Roulette surpasses 4 million

2024 has been a big year for indie games, with two major releases — Balatro and Buckshot Roulette — recently hitting new sales milestones.
Industry News December 11, 2024

People Can Fly suspends Project Victoria, lays off over 120 people after failing to secure $86 million in funding

Another game development studio is switching to a cost-cutting mode. People Can Fly has decided to reduce its self-publishing strategy and restructure its operations.
Industry News December 10, 2024

Palworld revamps summoning mechanic amid patent infringement lawsuit filed by Nintendo

Pocketpair has announced a few changes to the creature-summoning mechani  in Palworld. This comes amid the studio’s legal battle with Nintendo and The Pokémon Company.
Industry News December 10, 2024

Path of Exile 2 leads Steam charts, Marvel Rivals and Indiana Jones debut in top 10

Following its successful Early Access launch, Path of Exile 2 has become the highest-grossing game on Steam globally.
Industry News December 9, 2024

itch.io blames Funko for taking down its website due to phishing report created by some “trash AI-powered” software

One of the biggest oddities of recent days has happened to the owners of itch.io, a digital storefront and platform for indie game developers. Here are the main details of why the website suddenly went offline.
Industry News December 9, 2024

Marvel Rivals hits 10 million players in 72 hours, adding to NetEase’s growing live service portfolio

NetEase has shared the first figures for its new free-to-play hero shooter Marvel Rivals. The game’s launch has turned out to be successful.
Marketing December 9, 2024

Evergreen holiday UA strategies by Appodeal Publishing, and how they helped Join Blocks grow downloads 6x during Christmas

In an article for Game World Observer, Appodeal Publishing shares three proven user acquisition (UA) strategies to help mobile devs and publishers make the most of the holidays. There’re also insights into how Join Blocks used these strategies to increase installs by 6x and revenue by 300% during Christmas.
Industry News December 9, 2024

Path of Exile 2 peaks at over 578k CCU on Steam, becoming 3rd biggest launch of 2024 by that metric

Grinding Gear Games has finally released a sequel to its successful action RPG Path of Exile. Let’s take a closer look at its impressive metrics.
Industry News December 6, 2024

Report: Guillemot family and Tencent in talks over how to structure potential Ubisoft buyout

A new report on a possible Ubisoft buyout has emerged. The Guillemot family and Tencent have been discussing the terms of a potential deal.
Market Analysis December 6, 2024

Only 10% of new Steam games have wishlist-to-sales conversion rate higher than 1.9%

Wishlists are one of the key metrics that developers pay attention to when preparing to launch their games. Here’s an interesting new analysis of how wishlists are converting to sales, and what that says about the state of Steam in general.
Industry News December 6, 2024

Marvel Rivals enters top 25 most played Steam games of all time, peaking at over 444k CCU at launch

Unlike many recent Game-as-a-Service launches, Marvel Rivals has gotten off to a good start. The question is whether NetEase’s new hero shooter can retain its audience in the long term.
Industry News December 6, 2024

Delta Force open beta peaks at over 100k CCU on Steam, but gets mixed reviews from players

Tencent has high hopes for its new live service shooter Delta Force. And early metrics of its Open Beta are promising, though the launch has been marred by mixed reviews from players.
Industry News December 5, 2024

Nintendo shares hit new all-time high amid fresh Switch 2 release date speculation and Sony-Kadokawa talks

Nintendo’s stock has been on the rise for more than a week. Several positive factors are helping Japanese publisher reach a new all-time high.
Industry News December 4, 2024

Why Ubisoft shutting down XDefiant: poor retention and profitability, 277 devs to be laid off

Another AAA game with live service ambitions has been discontinued. Ubisoft has decided to cancel the further development and support of its free-to-play shooter XDefiant six months after its launch.
Industry News December 3, 2024

PlayWay reports 67% increase in Q3 net profit, with revenue up 24% to nearly $18 million

PlayWay has released its financial report for the third quarter ended September 30, 2024. The Polish publisher posted significant growth across key business metrics.
Industry News December 3, 2024

Cyberpunk 2077 jumps 60 spots to become top-grossing premium game on Steam, It Takes Two breaks its CCU record

Many older hits have seen a surge in revenue on Steam thanks to the Autumn Sale. Here are the most notable changes on the charts over the past seven days.
Deals December 2, 2024

Tencent becomes sole external shareholder in Wuthering Waves developer Kuro Games, with 51.4% stake

Tencent has made another major investment. The Chinese tech giant now owns a majority stake in developer Kuro Games, best known for its free-to-play gacha title Wuthering Waves.
Market Analysis November 29, 2024

Scopely becomes top casual games publisher of 2024 with over $1.6 billion in revenue, outshining Playrix, King, and more

Casual games remain one of the largest segments in the mobile market. Here are the top publishers by in-app revenue generated in 2024.
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