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Industry News July 2, 2024

The First Descendant peaks at nearly 230k concurrent players on Steam, but monetization issues lead to “Mixed” reviews

Nexon has just launched its new online third-person shooter The First Descendant. The game quickly drew a lot of attention from players, many of whom criticized its monetization elements, among other issues.
Industry News July 2, 2024

Drug Dealer Simulator 2 hits 100k copies sold, succeeding in trending subgenre with median revenue of $70k

Steam is home to games of many unusual subgenres, and the niche of titles simulating various professions and (sometimes not-so-legal) occupations is becoming increasingly populated. The recent success of Drug Dealer Simulator 2 fits well into this trend.
Industry News July 2, 2024

Cyberpunk 2077 and BG3 return to top 10 highest-grossing games on Steam, Elden Ring remains #1

The Summer Sale has helped many older hits return to the top positions on the Steam charts. Here are the best-selling games on the platform over the past seven days.
Deals July 2, 2024

Daybreak Game Company snaps up Palia dev Singularity 6 amid financial struggles and layoffs

Daybreak Game Company, a subsidiary of Swedish holding company EG7, has announced a new M&A deal. The publisher has purchased indie studio Singularity 6, known for its online life sim Palia.
Industry News July 1, 2024

Nintendo only considers games with 30+ million copies sold to be big hits, striving for that standard with every title

According to prominent game designer Shigeru Miyamoto, Nintendo has its own approach to measuring the success of its games. And it strives for this high standard with every game it is produces.
Deals July 1, 2024

Capcom acquires animation company Minimum Studios to move closer to its goal of 100 million copies in annual sales

Capcom is expanding by adding a new subsidiary to its corporate structure. The Japanese publisher now owns a majority stake in a Taiwanese studio specializing in video game animation.
Industry News July 1, 2024

Over 630 games industry professionals lost their jobs in June, bringing the total so far this year to around 11k

The number of layoffs in the games industry continues to grow. Hundreds of people from studios around the world lost their jobs last month.
Industry News July 1, 2024

Steam sets new CCU record with nearly 37 million concurrent users recorded during Summer Sale

Steam’s audience and engagement continue to grow. The platform has just set its new record for the number of concurrent users.
Industry News June 28, 2024

Valve introduces new chart featuring top Steam Deck games based on unique users and interest

Valve has revealed the official Steam Deck chart updated on a daily basis. Now everyone can see the most played games on the portable PC.
Industry News June 28, 2024

Tencent added over $90 billion in market value this year following success of DnF Mobile

Investors appear to be optimistic about Tencent and its future prospects. The Chinese tech giant has increased its market cap by $91 billion since January 1, 2024.
Industry News June 28, 2024

Kadokawa confirms large-scale hack, with attackers threatening to release 1.5 TB of internal data

Japanese media company Kadokawa, which also owns Elden Ring developer FromSoftware, has suffered a major hack. After breaching the network, the attackers gained access to many internal files and confidential information.
Industry News June 27, 2024

Forza Horizon 4 races to its new all-time high of 71k concurrent players on Steam, up 550% from previous month

Forza Horizon 4 will become unavailable for digital purchase later this year. This led to tens of thousands of players joining the game at the same time.
Industry News June 27, 2024

Elden Ring: Shadow of the Erdtree sells 5 million copies in three days: how it compares to other 2024 games

Shadow of the Erdtree has delivered impressive results after topping charts and attracting hundreds of thousands of concurrent players. Here is how its launch sales compare to the base game and other 2024 releases.
Industry News June 27, 2024

A Way Out sells 9 million copies: “We never dared to dream of this many people playing our game”

A Way Out, debut game from Hazelight Studios, has reached an impressive milestone. The co-op hit has sold over 9 million units since its launch.
Industry News June 27, 2024

Dave the Diver surpasses 4 million copies sold across all platforms in 12 months

It’s been a year since the launch of Dave the Diver. To celebrate the anniversary, developer Mintrocket shared an updated on the game’s sales, as well as other stats.
Events June 27, 2024

WN Conference Istanbul’24 in numbers: over 1,000 attendees, developer showcase, and more

WN Conference Istanbul’24 took place in Turkey earlier this month. It brought together games industry professionals from companies such as Gram Games, Ubisoft Abu Dhabi, Google, Space Ape Games, Unity, and more.
Industry News June 26, 2024

8-year-old game The Descendant suddenly peaks at over 120k CCU on Steam due to influx of card farming bots

We rarely see older single-player games experience a surge in player count, especially with no major updates. So let’s take a closer look at the weird case of The Descendant, the 2016 episodic adventure game from Swedish company Gaming Corps.
Industry News June 26, 2024

Report: Perfect World lays off hundreds of employees after reporting 64% drop in annual net profit

It appears that Chinese gaming giant Perfect World has been hit with mass layoffs. The job cuts reportedly affected almost all of the company’s business units.
Industry News June 25, 2024

Elden Ring takes first two spots on Steam charts, plus successful launches of new indie games

To no surprise, Elden Ring has taken the Steam charts by storm. Let’s take a look at the top-selling titles on the platform over the past seven days.
Industry News June 25, 2024

Shift Up estimates that Stellar Blade sold over 1 million copies, generating $15.8 million in royalties

Shift Up has revealed the first data on its recent PS5 exclusive Stellar Blade. The South Korean company considers the game successful based on its commercial performance.
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