• Industry News
  • Dev Interviews
  • Game Development
  • Marketing
  • Market Analysis
  • Deals
  • Legal
Other projects WN Media Group:
  • WN Events Business events for the gaming industry
  • WN Academy Training for gaming industry professionals
  • WN Game Finder Games catalog for publishers & investors
  • WN Talents Recruiting platform for the gaming industry
  • WN Hub Communication platform for the gaming industry
  • App2Top Information resource dedicated to all aspects of the games industry
  • Industry News
  • Dev Interviews
  • Game Development
  • Marketing
  • Market Analysis
  • Deals
  • Legal
Industry News August 5, 2024

NCSoft reports 133% growth in Q2 net profit, with Lineage franchise accounting for 70% of total revenue

NCSoft has released its financial report for the second quarter ended June 30, 2024. Here are the key business metrics and top-performing games.
Industry News August 5, 2024

Zenless Zone Zero lags behind previous miHoYo games despite making $100 million on mobile in its first month

It has been a month since the global launch of miHoYo’s new hit Zenless Zone Zero. According to new estimates, the game has already grossed almost $100 million on iOS and Android.
Industry News August 2, 2024

Report: King devs join new Blizzard team to develop AA games as Microsoft looks to leverage its IP portfolio

Microsoft and Activision have reportedly established a new game development team. It will focus on first-party projects with smaller budgets and will work as part of Blizzard Entertainment.
Market Analysis August 2, 2024

Elden Ring topped US charts in June, dominating across all platforms and already ranking as 5th best-selling game of 2024

June 2024 was marked by the launch of the Shadow of the Erdtree expansion for Elden Ring, which helped the game return to the top of the charts. Overall, video game spending in the US declined slightly year-over-year.
Industry News August 2, 2024

Armor Games Studios hit with layoffs affecting unknown number of employees across its publishing team

It appears that another indie company has been hit with layoffs. Publisher Armor Games Studios recently laid off an unknown number of workers.
Industry News August 2, 2024

Lack of new major games causes Nintendo’s Q1 revenue to fall 46.5%, with Switch continuing to slide

Nintendo has released its financial report for the first quarter ended June 30, 2024. The Japanese game maker saw declines in all key business metrics as the Switch enters its eighth year since launch.
Industry News August 1, 2024

Roblox paid out over $400 million to game developers in H1 2024, with DAU reaching record 79.5 million

Roblox has released its financial report for the second quarter ended June 30, 2024. The company also shared how much money it paid out to game developers.
Industry News August 1, 2024

Telegram launches Mini App Store, with over 500 million MAU already interacting with apps inside messenger

Telegram has expanded its gaming features with the addition of its internal app store. It is designed to become a platform for developers of mini apps.
Industry News August 1, 2024

Game companies laid off fewer than 400 employees in July 2024, with several studios shutting down entirely

July 2024 would have been a fairly quiet period in terms of layoffs in the games industry, especially if Bungie hadn’t announced mass job cuts on the last day of the month.
Industry News July 31, 2024

“We began running in the red”: Bungie lays off 220 employees, forms new studio within PlayStation

Bungie is downsizing and restructuring its operations. The Destiny developer has decided to lay off 220 employees, or about 17% of its total workforce.
Industry News July 31, 2024

Electronic Arts reports 30% drop in Q1 net profit as it continues to invest in building “massive online communities”

Electronic Arts has released its financial report for the first quarter ended June 30, 2024. The company posted declines in all key business metrics, including revenue and profit.
Industry News July 31, 2024

FromSoftware’s revenue fell 29% to $103 million in 2023, with decline driven by impact from Elden Ring’s success

Kadokawa recently released its financial report for the full fiscal year ended March 31, 2024. Here are the key metrics of the company’s video game subsidiary, FromSoftware.
Industry News July 31, 2024

How Activision Blizzard impacts Microsoft’s MAU numbers as Xbox hits 500 million monthly active users

Microsoft’s gaming ecosystem has reached a new milestone. But is it possible to estimate the share of Activision Blizzard games and their impact on the number of monthly active users?
Industry News July 31, 2024

Activision Blizzard generated $1.68 billion for Microsoft in Q4, with Xbox hardware revenue down 42%

Microsoft has released its financial report for the fourth quarter and the full fiscal year ended June 30, 2024. Let’s take a closer look at the performance of the company’s gaming business and the impact of Activision Blizzard on key metrics.
Market Analysis July 30, 2024

RPG dethroned as top-grossing genre for first time since 2017, with mobile games market reaching $19.7 billion in Q2

Sensor Tower has released a report on the state of the mobile market for the second quarter of 2024. Let’s focus on general gaming trends and data, including revenue, downloads, and top genres.
Market Analysis July 30, 2024

Japanese and South Korean gamers lean toward multiplatform as East Asia market struggles to grow past $30 billion

Niko Partners has shared more data on the state of the East Asia games market. Let’s take a closer look at revenue, player behavior, and other insights.
Industry News July 30, 2024

Path of Exile soars 43 spots on Steam charts, plus debuts from Cataclismo, Into the Radius 2, and more

Amid a drought of major releases, the same free-to-play hits continue to dominate the Steam charts. However, there were plenty of debuts in the top 100 highest-grossing titles on the platform over the past seven days.
Industry News July 29, 2024

CD Projekt named most valuable public game company in Poland, dominating 23 other devs on WSE

Poland is home to one of the most successful game companies in Europe. Here are the top 3 developers on the Warsaw Stock Exchange, with CD Projekt dominating its colleagues.
Events July 29, 2024

WN Conference returning to Cyprus with new event scheduled for September 12-13

The next mainline WN Conference will take place in Limassol, Cyprus. The games industry business event is expected to bring together over 800 developers, experts, and decision-makers.
Industry News July 29, 2024

Path of Exile breaks its CCU record, peaking at 350k concurrent players across all platforms

Grinding Gear Games has just launched the Settlers of Kalguur expansion for its free-to-play action RPG Path of Exile. The new update has led to a significant increase in the number of concurrent players.
Previous 1 … 32 33 34 35 36 … 247 Next
About
Game World Observer is an online magazine about video games industry. We cover game development, marketing, and industry stories.

Feel free to suggest an article, an interview or a partnership at:
  • welcome@gameworldobserver.com
  • sales@gameworldobserver.com
Follow us
  • —   Facebook
  • —   LinkedIn
  • —   Twitter
© WN Media Group FZ-LLC, headquartered in Dubai, UAE.
Our privacy policy
Posting....