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Industry News May 14, 2024

Jake Solomon forms Midsummer Studios to make next-gen life sim with help of Firaxis vets and The Sims producer Grant Rodiek

A new independent game development studio formed by industry veterans has emerged. Midsummer Studios, led by former Firaxis devs, has already secured initial funding to make its own title in the life sim genre.
Legal May 14, 2024

Poland to scrutinize digital game platforms like Steam and PS Store on suspicion of anti-competitive practices

Polish regulators have expressed concerns over possible anti-competitive practices by digital video game platforms. The Office of Competition and Consumer Protection (UOKiK) may initiate proceedings based on the analysis of the collected data.
Industry News May 14, 2024

Hades II becomes top-grossing premium game on Steam, V Rising and Animal Well also debut high on charts

20 weeks into 2024, here is another installment of the Steam charts. And there are plenty of successful new indie releases, as well as interesting shifts in the list of best-selling games.
Industry News May 14, 2024

Helldivers 2 breaks records with 12 million copies sold in 3 months, Sony announces in its FY23 report

Sony has released its financial report for the fiscal year ended March 31, 2024. Let’s dive into the company’s gaming revenue and console sales, as well as the record-breaking launch of Helldivers 2.
Industry News May 14, 2024

PlayStation announces successors for Jim Ryan: Hermen Hulst and Hideaki Nishino to become new CEOs of SIE

Sony Interactive Entertainment has named its new leaders following the resignation of Jim Ryan. He will be succeeded by Hermen Hulst and Hideaki Nishino, who will report to the company’s president.
Industry News May 13, 2024

Little Kitty, Big City hits 100k copies sold, huge success for former Valve designer Matt T. Wood and his new team

Little Kitty, Big City has found its place among many successful indie games released this year. Here is everything to know about the launch of Double Dagger Studio’s debut title.
Industry News May 13, 2024

Inside Square Enix’s reboot strategy: aggressive multiplafrom approach, flat structure, and shift from quantity to quality

Square Enix has released a financial report for the fiscal year ended March 31, 2024. Let’s take a closer look at the company’s business metrics and its new strategy aimed at rebooting its development processes and delivering long-term growth.
Marketing May 10, 2024

How to host custom Steam Sale for VR games with over 20 participants and 2 million event impressions — postmortem by CM Games

After making mobile titles for over 13 years, CM Games has decided to enter the field of virtual reality. Here is how the studio successfully launched a custom Steam Sale event to promote its VR game Into the Radius despite knowing little about the platform and its marketing features.
Industry News May 9, 2024

What’s happening inside Xbox: more cuts planned, growing fear among employees, and troubling Game Pass news

Even more disturbing reports about the state of Microsoft’s gaming division emerged shortly after the closure of four internal studios. And it appears that the future of Xbox looks hazy, especially without a clear strategy and vision.
Industry News May 8, 2024

Krafton reports record revenue of nearly $500 million for Q1, plans to accelerate AI adoption

Krafton has released its financial report for the first quarter of 2024. The South Korean company posted strong revenue and profit growth, also outlining steps to become the number one game publisher in India.
Industry News May 8, 2024

EA CEO discusses inserting ads into AAA games, expects AI to positively impact over 50% of development proccess

Electronic Arts has released its financial report for the full year ended March 31, 2024. Let’s take a look at the company’s key metrics and its plans for the future, including the use of AI in game development.
Industry News May 7, 2024

Nintendo expects revenue and profit to decline in FY25 due to falling sales of Switch and video games

Nintendo has released its financial report for the fiscal year ended March 31, 2024. Despite growth in all key metrics, sales of Switch consoles continued to gradually decline. This led the Japanese company to lower its financial outlook for FY25.
Industry News May 7, 2024

Microsoft closes Arkane Austin, Tango Gameworks, and two other studios, calling it “reprioritization of titles and resources”

Microsoft has decided to close four internal studios that are part of Bethesda/ZeniMax. This comes just a few months after mass layoffs across the company’s gaming division.
Industry News May 7, 2024

Gray Zone Warfare tops Steam charts for both premium and F2P games, Total War: Warhammer III soars into top 5

The past seven days on Steam have been full of surprises in terms of new charts leaders. Let’s take a closer look at the weekly list of the top games by gross revenue.
Industry News May 7, 2024

Hades II peaks at over 79k concurrent players, making it one of Steam’s top 10 biggest launches of 2024

Supergiant Games has just released Hades II in Early Access on Steam and the Epic Games Store. The game has already become one of the biggest launches of 2024 in terms peak concurrent players.
Industry News May 6, 2024

Moon Studios CEO on why AAA exclusives ran their course and what’s next for Xbox/PlayStation: “We’re at a real turning point”

Moon Studios co-founder and CEO Thomas Mahler has shared his thoughts on the state of AAA game development. He believes that going multiplatform may be the only way for major publishers and corporations such as Microsoft and Sony to remain sustainable.
Industry News May 6, 2024

Bellwright hits 150k copies sold in 12 days, but players concerned about devs’ portfolio of abandoned EA games

Bellwright, an open world survival action RPG, has reached a new milestone in less than two weeks after its Early Access launch. According to Polish developer Donkey Crew, it has already sold over 150,000 units.
Industry News May 6, 2024

Helldivers 2 players prove review bombing can lead to positive change, as Sony drops PSN linking requirement

Just days after announcing a mandatory PlayStation Network account linking for Helldivers 2, Sony Interactive Entertainment has reversed this decision. This comes after a huge backlash from the game’s community.
Legal May 3, 2024

Google responds to Epic Games’ demands, saying Fortnite maker wants to “create a new global regulatory regime”

Google has finally responded to the extensive (and, in some places, wild) list of remedies proposed by Epic Games. The company called the demands unnecessary, arguing that they “would make it nearly impossible for Google to compete.”
Industry News May 3, 2024

Co-developer Paladin Studios shuts down after almost 19 years, laying off 45 people

Dutch developer Paladin Studios has announced the end of its 19-year journey. The company has established itself through collaborations with renown partners such as Nintendo, ZeptoLab, and Apple.
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