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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.
Legal November 29, 2024

2021 lawsuit against Steam’s 30% cut and its alleged antitrust behavior now classified as class action

A long-running lawsuit against Steam’s 30% cut and its alleged antitrust behavior has been granted a class action status. The plaintiffs are now calling on other game developers to join in.
Featured November 28, 2024

Survey: Do games industry professionals trade stocks?

There are a lot of public game companies that list their shares on stock exchanges and pay dividends. But how actively do games industry professionals participate in this process?
Industry News November 26, 2024

Cyberpunk 2077 tops 30 million copies sold, Polaris enters full production, R&D costs up 390%: Inside CD Projekt’s Q3 results

CD Projekt has released its financial report for the third quarter ended October 31, 2024. The Polish company faced an expected decline in both revenue and profit following last year’s success of Cyberpunk 2077: Phantom Liberty.
Industry News November 26, 2024

Stalker 2 hits 1.4 million copies sold on Steam in four days, with its gross revenue estimated at $66 million

It has been almost a week since the release of S.T.A.L.K.E.R. 2: Heart of Chornobyl. GSC Game World has already reported impressive launch sales, but here is some data from analytics platform Video Game Insights.
Industry News November 26, 2024

Larian Studios’ revenue skyrocketed by 1,780% in 2023, with whopping profit of €249 million

Larian Studios has recently filed accounts for its Irish office in Dublin. The report sheds light on the company’s financial success following the 1.0 launch of Baldur’s Gate 3.
Industry News November 21, 2024

S.T.A.L.K.E.R. 2 launches with over 110k concurrent players on Steam, 19th biggest release of 2024 by peak CCU

S.T.A.L.K.E.R. 2: Heart of Chornobyl has finally launched globally after long development and several delays. The sequel to a cult first-person shooter has been off to a good start on Steam despite its simultaneous release on Xbox and Game Pass.
Featured November 20, 2024

Inside Remedy’s growth strategy: 100% ROI for self-published games, 30% EBITDA margin, and transmedia ambitions

Remedy Entertainment has held a keynote presentation for investors, outlining its long-term business strategy for 2025-2030. Here are the key takeaways regarding the studio’s financial goals and game development pipeline.
Industry News November 19, 2024

WN Game Finder expands its catalog to over 1,500 games, connecting devs with publishers and investors worldwide

WN Media Group has announced that WN Game Finder, a game catalog for developers and publishers, now has 1,522 projects. Here are the key figures and statistics.
Industry News November 19, 2024

Stalker 2 enters Steam’s top 10 grossing games ahead of launch, Farming Simulator 25 overtakes Call of Duty

Despite the small number of new releases, there were still quite a few changes on the Steam charts last week. Here is a quick overview of the top-grossing products on the platform over the past seven days.
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