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Industry News September 10, 2024

Investor calls for taking Ubisoft private and cutting costs, accusing Guillemot family and Tencent of discounting its value

With Ubisoft shares still in turmoil, one of its investors has proposed some radical changes to its management and operations. One of them is to take the French company private.
Industry News September 9, 2024

Netflix games hit 210 million downloads, with GTA: San Andreas and Storyteller among leaders

Netflix has almost 100 games available to its subscribers, from successful indie titles to big franchises. Here are some fresh numbers on the company’s portfolio.
Industry News September 9, 2024

Former Capcom sound designers Hideaki and Saori Utsumi start Birdkin Studio to work on their indie game

Hideaki and Saori Utsumi, two former Capcom developers, have found a new game studio. The two-person team is now working on their debut project.
Industry News September 9, 2024

Age of Mythology: Retold peaks at over 25k CCU on Steam, continuing World’s Edge’s streak of successful RTS releases

Age of Mythology: Retold, a remake of the classic real-time strategy game, launched globally last week. It is time to take a closer look at its key metrics and player reception.
Game Development September 6, 2024

How CM Games made game development more immersive with guided tours inside its VR shooter Into the Radius 2

What’s the most valuable feature of VR development? The ability to do it while in the game itself. Here is how CM Games has been conducting guided tours around the harsh virtual environment of Into The Radius 2 with the help of senior game designer Anton Subbota.
Industry News September 6, 2024

Warhammer 40k: Space Marine 2 hits 134k concurrent players, already ranking 2nd in peak CCU among all Warhammer games

Warhammer 40k: Space Marine 2 has become available for buyers of its deluxe editions. Let’s dive into some early metrics for Saber’s first major release since its split from Embracer Group.
Industry News September 5, 2024

Polish dev Ancient Forge lays off almost half of staff, citing rising costs and poor progress on two projects

Another game development studio has been hit with mass layoffs. Polish developer Ancient Forge has cut almost half of its workforce.
Industry News September 5, 2024

Nexon aims to grow its annual revenue to $5.2 billion by 2027 through IP expansion and hyperlocalization

Nexon aims to significantly increase revenue and operating profit in the medium term. The company has now detailed its new strategy to investors.
Featured September 5, 2024

“We were two drowning rats”: Game Science investor bet everything on Black Myth: Wukong, which already sold 18 million copies

Black Myth: Wukong has reached a new impressive milestone two weeks after its launch. Here is some data shared by Game Science’s biggest external investor.
Industry News September 5, 2024

Sony to focus on creating more original IP as part of its evolution into global media company

As part of its transformation into a global entertainment company, Sony plans to focus more on creating new IPs. That’s what the company’s CEO Kenichiro Yoshida has said about this strategy.
Game Development September 4, 2024

How Nova Drift sold 400k copies during 5 years of Early Access with community feedback and constant iteration

Indie top down roguelite space shooter Nova Drift has launched after five years in Early Access. Its developer Jeffrey Nielson (a.k.a. Chimeric) has had a long road to success.
Market Analysis September 4, 2024

Aldora: Interactive entertainment revenue to hit $250 billion in 2025, with strong growth in PC gaming and decline in hardware

Aldora, a new data platform launched by SuperData co-founder Joost van Dreunen, has released its forecast for the interactive entertainment market. Here are the key takeaways.
Industry News September 3, 2024

VG Insights: Black Myth: Wukong tops $850 million in gross revenue on Steam, with average playtime of 27 hours

It has been two weeks since the launch of Black Myth: Wukong. Analysts have now shared more insights into the game’s performance on Steam.
Industry News September 3, 2024

Ubisoft shares fall to lowest since 2015, with analysts cutting sales forecasts for Star Wars Outlaws

The market isn’t optimistic about Ubisoft, whose shares have been falling for two days in a row. The French company has reached its lowest level in almost a decade.
Industry News September 3, 2024

Sony pulls Concord from sale just two weeks after its disastrous launch, offering refunds to all players

Wow, that was fast!
Industry News September 3, 2024

Hopoo Games joins Valve and halts development of its new game codenamed Snail

Risk of Rain developer Hopoo Games has suddenly announced a deal with Valve. As a result, the studio will cease to exist as a standalone company.
Industry News September 3, 2024

Steam charts: Risk of Rain 2 returns to top 10 despite negative reviews, Core Keeper soars 72 spots following 1.0 launch

While Black Myth: Wukong continues to dominate Steam, upcoming major titles are closing in on the top spot. Not to mention impressive commercial results of titles like Risk of Rain 2 and Core Keeper.
Industry News September 3, 2024

Tilting Point confirms new round of mass layoffs, planning to cut up to 90 jobs

Mobile game publisher Tilting Point has confirmed a new round of layoffs. The company has decided to cut around 20% of its workforce.
Industry News September 3, 2024

[UPD] Ballistic Moon lays off at least 10 employees just month before Until Dawn remake’s launch

Ballistic Moon, a UK-based studio behind the upcoming Until Dawn remake, has been hit with layoffs. An unspecified number of devs lost their jobs weeks before the game’s release.
Industry News September 2, 2024

Two game devs launch SteamTrender, free tool for exploring and analyzing key Steam trends by user tags

The more tools, the better! A new analytics service called SteamTrender has emerged to help developers and data enthusiasts better navigate Valve’s ever-expanding game platform.
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