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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.
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.
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