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Industry News June 4, 2024

Destiny 2 returns to top 3 on Steam charts, new survival game Soulmask debuts at #7

Counter Strike 2 remains undefeated on the Steam charts for the fourth week in a row, but last week still saw quite a few changes and interesting additions. Let’s take a look at the highest-grossing products on the platform over the past seven days.
Industry News June 4, 2024

Avalanche Studios shuts down two offices to “ensure a stable and sustainable future for the company”

Avalanche Studios Group, best known for the Just Cause franchise, has announced its decision to close two studios. As a result, dozens of people will lose their jobs.
Industry News June 3, 2024

ByteDance plans to focus on “fun games”, as its gaming business enters second phase after turbulent restructuring

ByteDance seems to have finally decided on the future of its video game division. With the appointment of the new CEO of Nuverse, the Chinese tech giant plans to build a more centralized management structure and focus on long-term growth.
Industry News June 3, 2024

PlayWay reports its best Q1 in terms of revenue, with House Flipper accounting for nearly 30% of total

PlayWay has published its financial report for the first quarter of 2024 ended March 31. The Polish publisher posted its best Q1 in terms of revenue, also seeing strong profit growth.
Industry News June 3, 2024

Games industry saw almost same number of layoffs in first five months of 2024 as in all of last year

The labor market climate in the games industry is wild. Last month, companies around the world laid off at least 773 employees, with the total number of job cuts this year nearly equaling all of 2023.
Industry News May 31, 2024

Raphaël Colantonio discusses closure of Arkane Austin: “I was naive like everybody about what Microsoft was saying”

The closure of Arkane Austin caught many players and game developers off guard. Here is what prominent designer Raphaël Colantonio has to say about the demise of the studio, where he once helped shape the vision and create games like Dishonored and Prey.
Marketing May 31, 2024

How solo dev spent $4,365 on paid ads to reach Popular Upcoming on Steam with his life sim This Grand Life 2

Patrick Tang, aka Poking Water Games, is a solo indie developer who decided to run an ad campaign to get his tycoon life sim This Grand Life 2 into the Popular Upcoming section on Steam. Here are the results achieved during this experiment.
Market Analysis May 31, 2024

Xbox Series lags behind Xbox One and Xbox 360 in US sales on time aligned basis, according to Circana

Circana is back with its monthly report on the US games market. Here is a quick look at the best-selling products, including how the sales of Xbox Series X|S and PlayStation 5 compare to their predecessors.
Events May 30, 2024

Program announced for WN Conference Istanbul’24, with talks from IO Interactive, Rami Ismail, and Unity

The next WN Conference is coming to Istanbul, Turkey on June 11-12. Here is an overview of the event’s official program, which includes talks from industry experts, workshops with companies like Google and AWS, and more.
Industry News May 30, 2024

PS5 add-on content spending up 176% over PS4, plans to cut costs through outsourcing, and more on PlayStation’s business

Sony has published its annual business briefing. Here are the key takeaways about the performance of the PlayStation business and updates to the company’s gaming strategy.
Industry News May 29, 2024

Tim Cain recalls his 2004 proposal for Conan the Barbarian RPG with third-person camera and Source as its engine

Tim Cain, one of the lead developers of games like Fallout and Arcanum, recalled his idea for an action RPG based on the Conan universe, which never came to fruition. This dates back to 2004, when he was working at Troika Games.
Industry News May 29, 2024

Dungeon & Fighter Mobile hits $140 million in first-week revenue in China, shaping up to be new hit for Tencent

Dungeon & Fighter Mobile (DnF Mobile) launched in China last week. Looking at its impressive metrics, the game has every chance to become another big hit for Tencent.
Industry News May 29, 2024

MultiVersus peaks at over 114k concurrent players on Steam at full launch, but receives mixed reviews from players

Almost two years after the release of the early access beta version, MultiVersus has now officially launched globally. Despite initially high player interest, many users criticized the changes to the fighting game’s core mechanics.
Industry News May 29, 2024

People Can Fly: net loss cut by almost 5x in Q1, “unsatisfactory” launch of Bulletstorm VR, and 5 games in development

People Can Fly has published its financial report for the first quarter ended March 31, 2024. Let’s take a closer look at its key business metrics and the status of the five games currently in development at the Polish company.
Industry News May 28, 2024

Cyberpunk 2077 finally wrapped, finishing pre-production on Polaris, net profit up 44%: CD Projekt posts strong Q1 results

CD Projekt has published its financial report for the first quarter ended March 31, 2024. The company saw a huge increase in net profit and shared some updates for the next Witcher game and other projects in its pipeline.
Industry News May 28, 2024

Hellblade 2 debuts at #15 on Steam charts, Helldivers 2 drops out of top 10 for first time since launch

Last week, no game could dethrone Counter-Strike 2 from the top spot on the Steam charts. Here’s how other titles, including Hellblade II, performed.
Industry News May 28, 2024

Dragon’s Dogma 2 sells 3 million copies in two months, improving its position among Capcom’s best-selling games

Capcom has announced a new milestone for its latest action RPG, Dragon’s Dogma 2. The game has now reached 3 million copies sold globally.
Industry News May 28, 2024

The Rogue Prince of Persia peaks at less than 1,000 concurrent players on Steam, but devs have huge plans for Early Access

The Rogue Prince of Persia, already the second game in the series this year, has just launched in Early Access. Let’s take a look at its initial metrics and player reception.
Industry News May 27, 2024

Songs of Conquest hits 500k copies sold after two years in Early Access

Songs of Conquest, the spiritual successor to the Heroes of Might and Magic III, has reached a new milestone a week after its 1.0 launch. And developer Lavapotion already has many plans for the game’s further support.
Industry News May 27, 2024

Wuthering Waves hits almost $10 million in mobile revenue in five days, indicating promising launch for Kuro Games

Wuthering Waves, a new free-to-play gacha title from Chinese studio Kuro Games, launched globally last week. Let’s take a closer look at its revenue, downloads, and other metrics on mobile.
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