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Market Analysis August 13, 2024

Newzoo: PC gaming growth to outpace mobile and console segments in 2024, driven by cross-platform and evergreen releases

Newzoo has released a report on the state of the global video game market in 2024. It contains new revenue forecasts and explores key industry trends.
Industry News August 13, 2024

Steam charts: Space Marine 2 jumps 45 spots to #9, Prince of Persia flops, FNAF: Into the Pit makes top 20

Older hits continue to dominate Steam’s weekly top sellers, with pre-orders for upcoming major releases climbing to the top and Borderlands returning to the charts. Let’s take a closer look at the highest-grossing games on the platform over the past seven days.
Industry News August 12, 2024

Josh Sawyer doesn’t dig what CRPG fans want after Deadifre and success of BG3: “I don’t have the pulse of that audience”

RPG veteran and Obsidian Entertainment studio design director Josh Sawyer has opened up about the possibility of making a sequel to Pillars of Eternity and whether he would like to be involved in the project.
Industry News August 12, 2024

Deadlock peaks at nearly 17k CCU during closed playtest as more users join Valve’s unannounced shooter

Deadlock, an upcoming PvP shooter in development at Valve, has seen a spike in active players during its limited playtest. What’s even more impressive is that the company has yet to confirm the game’s existence.
Industry News August 12, 2024

Krafton aims to grow PUBG franchise to $10 billion in annual value, reports another record quarter

Krafton has released a financial report for the second quarter ended June 30, 2024. The South Korean company posted strong revenue and profit growth thanks to the success of the PUBG franchise.
Industry News August 12, 2024

Harry Potter: Hogwarts Mystery hits $500 million in revenue, remains top-grossing HP mobile game

Harry Potter: Hogwarts Mystery has reached a new milestone six years after its global launch. It remains the highest-grossing mobile game based on the Harry Potter IP.
Deals August 12, 2024

Krafton snaps up Tango Gameworks and Hi-Fi Rush IP, adding 13th game development studio to its portfolio

Tango Gameworks has suddenly revived just months after being shut down by Microsoft. The Japanese studio will now be part of PUBG maker Krafton.
Industry News August 9, 2024

Sony testing text reviews on PS Store, inviting limited number of users to try out new feature

Sony is apparently working on a major overhaul of the PS Store’s review system, testing a feature familiar to Steam users.
Industry News August 9, 2024

Enshrouded cements its status as one of Steam’s biggest hits of 2024, surpassing 3 million players

Keen Games has revealed a new milestone for its co-op survival action RPG Enshrouded. The game, launched in Early Access earlier this year, continues to perform well on Steam.
Industry News August 9, 2024

Alan Wake 2 has yet to generate royalties, Remedy forms new team to manage its game portfolio

Remedy Entertainment has reported its financial results for the second quarter ended June 30, 2024. The Finnish studio also provided an update on games in its development pipeline.
Industry News August 9, 2024

Take-Two reports widening Q1 loss of $262 million, plans to further drive IAP and post-launch monetization

Take-Two has released its financial report for the first quarter ended June 30, 2024. The company posted modest revenue growth, but its net loss widened during the period.
Game Development August 8, 2024

Mark Darrah says devs should answer 6 questions before starting studio: “If ‘make money’ is your only reason, it’s not enough”

Starting your own studio is a risky endeavor, whether you’re a solo developer or someone with deep pockets. Mark Darrah, programmer, consultant, and former BioWare producer, has broken down the key questions you need to answer before embarking on this adventure.
Events August 8, 2024

WN International Summit in Shanghai, held in partnership with ChinaJoy, brought together record 424 attendees

On July 25, WN x ChinaJoy International Summit in Shanghai set a record attendance for small events organized by WN Media Group. The event for game developers and publishers brought together professionals from Tencent, miHoYo, Bandai Namco, Bilibili, iDreamSky, Scopely, ByteDance, and more.
Legal August 8, 2024

Roblox banned in Türkiye over alleged child exploitation and incentivizing them to engage in inappropriate activities

Türkiye has imposed a ban on Roblox, a game platform featuring thousands of UGC experiences. The country’s officials said the decision was made to protect children.
Industry News August 8, 2024

Nexon aims to “snowball” its IP growth and enter new markets as DnF Mobile sends China’s Q2 revenue up 200%

Nexon has released its financial report for the second quarter ended June 30, 2024. The company introduced a new business strategy, while posting strong revenue and profit growth driven by the success of DnF Mobile in China.
Industry News August 7, 2024

New publisher Digital Bandidos to work with indie games with budgets up to $3 million

Steve Escalante, founder and former general manager of the now-closed Versus Evil, has launched a new publishing label. The company, called Digital Bandidos, will focus on small-budget indie games.
Industry News August 7, 2024

Former IO Interactive, Riot, and Plarium devs start Chamo Games to make “non-lethal” FPS

Chamo Games is a new game studio formed by industry veterans. The team, comprised of former IO Interactive, Plarium, Riot Games, and Ubisoft devs, has already secured funding for its debut project.
Industry News August 7, 2024

Rising game sales and services help PlayStation offset 21% decline in hardware revenue in Q1

Sony has released its financial report for the first fiscal quarter ended June 30, 2024. Just like other platform holders, PlayStation saw a decrease in hardware revenue.
Industry News August 7, 2024

Cataclismo hits 120k copies sold: how it compares to other Hooded Horse-published games

Publisher Hooded Horse has added another successful indie project to its portfolio. Digital Sun’s strategy/tower defense game Cataclismo has reached an impressive sales milestone within two weeks of its release.
Market Analysis August 7, 2024

Top 5 Steam countries for games with over 100k players include US, China, and Russia, with Japan’s share growing since 2021

Steam is a global games platform, with its core audience spread across multiple regions (usually radically different from consoles). GameDiscoverCo recently analyzed geographical data to find the distribution of hit games by country.
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