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Industry News September 2, 2024

China approves 117 games from Tencent, NetEase, Hypergryph, and more, bringing this year’s total to 850

China has shared a new batch of games approved for publication in August. The National Press and Publication Administration (NPPA) licensed over 100 domestic games, in addition to 15 titles from foreign devs early last month.
Events September 2, 2024

Program announced for WN Conference Cyprus’24, with talks from Google, Owlcat, Nekki, G5, and more

With less than two weeks left until WN Conference Cyprus’24, it’s time to take a closer look at the event’s official program. Organizers expect more than 800 attendees and 40 speakers, including experts from Google, Unity, G5, Nexters, Unfrozen, Nekki, Owlcat Games, Playrix, and others.
Industry News August 30, 2024

Tencent and NetEase cut their investments in Japan, with Visions of Mana dev Ouka Studios at risk of closure

Chinese tech giants are reconsidering their strategies towards Japanese studios. Tencent and NetEase have started making more cautious moves overseas amid a resurgence in the domestic games market.
Industry News August 30, 2024

Report: XDefiant struggles to retain players, barely reaching 20k concurrent users across all platforms

Despite its successful launch, XDefiant is now struggling to retain players. According to a new report, Ubisoft developers working on the game fear it could lead to more layoffs.
Deals August 30, 2024

Annapurna to fund 50% of Control 2’s budget, initially announced at €50 million, as part of its deal with Remedy

Remedy Entertainment has partnered with Annapurna Pictures, parent company of game publisher Annapurna Interactive. The deal will help the Finnish studio bring Control 2 to market.
Industry News August 29, 2024

Deadlock generates over 860k wishlists on Steam in four days, VG Insights estimates

Less than a week after its official announcement, Deadlock is already showing impressive numbers on Steam. The game is now quickly climbing on the list of the mosts wishlisted upcoming titles on the platform.
Events August 29, 2024

WN Connect in Cologne brought together over 700 games industry professionals

WN Media Group held its second business event in Cologne on August 20. It was organized ahead of the annual Gamescom conference.
Industry News August 29, 2024

Black Myth: Wukong has 3 million players on PlayStation 5, with China accounting for two-thirds of total

Black Myth: Wukong has become a top seller globally, thanks in no small part to the huge support from Chinese players. In addition to its record-breaking performance on Steam, the game is also quite popular on PlayStation.
Industry News August 29, 2024

[UPD] Spiders workers call out mismanagement, low wages, burnouts, and GreedFall 2 issues: “The production is underwater”

French developer Spiders is facing allegations from its employees. A group of workers has called for a strike, accusing the studio of mismanagement, low wages, and problems with the development of GreedFall 2.
Industry News August 28, 2024

CD Projekt reports 88% profit growth on strong Cyberpunk 2077 sales, next Witcher game nears full production

CD Projekt has released a financial report for the first half of 2024. The company posted strong revenue and profit growth on the ongoing success of Cyberpunk 2077, while its new projects continue to accelerate.
Industry News August 28, 2024

11 bit studios expects its net revenue from The Thaumaturge to be below $11.6 million within six months of launch

11 bit studios has released its financial report for the first half of 2024. The Polish developer expects strong launches of Frostpunk 2 and The Alters, also sharing some data on its portfolio of third-party games.
Industry News August 28, 2024

Core Keeper graduates from Early Access with over 31k CCU, lifetime sales hit 2 million copies

Swedish studio Pugstorm has launched version 1.0 of its survival sandbox game Core Keeper. The game has amassed a huge audience over two years of Early Access.
Industry News August 27, 2024

Control hits 19 million players on its 5th anniversary, with free copies making up majority of total

Remedy Entertainment is celebrating the 5th anniversary of Control. The Finnish studio has shared some more figures for its successful action game.
Industry News August 27, 2024

Coin Master tops $6 billion in player spending, generating around $1.2 billion per year since 2020

Coin Master has reached a new revenue milestone. The social casino hit remains one of the highest-grossing mobile games globally.
Industry News August 27, 2024

Tactical Breach Wizards looks like new indie hit, debuting in top 10 highest-grossing premium games on Steam

The top 3 games on Steam by gross revenue remained unchanged from the previous week. However, there were still plenty of events to cover, including the successful launch of Tactical Breach Wizards and strong pre-orders for upcoming major titles.
Industry News August 26, 2024

Brian Fargo: “Back in the day, you’d get an award for selling 50k or 100k units, now it’s the end of your career”

Prominent game developer Brian Fargo has managed to get his memorabilia from the good old times of Interplay Entertainment. Some of these relics show how the games industry has changed since the 1990s.
Industry News August 26, 2024

Concord peaks at only 697 CCU on Steam, casting shadow over Sony’s live service strategy and ambitions

Concord, unfortunately and unsurprisingly, has gotten off to a poor start in terms of player numbers. Let’s take a closer look at Sony’s latest foray into the live service field.
Featured August 23, 2024

How Black Myth: Wukong and its 10 million copies sold in three days compare to other best-selling games

Game Science has shared the official figures for Black Myth: Wukong. The game’s sales are truly impressive, to say the least.
Industry News August 23, 2024

CD Projekt shares surged over 63% since January, but analysts concerned about company’s ambitious pipeline

Although CD Projekt is still trading below its 2020 peaks, its shares have been on a strong rise this year. Investors are currently optimistic about the Polish company, but have concerns about its ambitious game pipeline.
Industry News August 23, 2024

NetEase reports 17% drop in Q2 profit, with its video game revenue rising 6.7% to $2.8 billion

NetEase’s second quarter was marked by the launch of Once Human and the continued success of its live games like Naraka: Bladepoint and Justice Mobile. Here are the highlights for the three-month period ended June 30, 2024.
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