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Industry News March 4, 2024

Naughty Dog artist Santiago Gutierrez on being laid off after 18 years: “It felt like a cruel twist of fate”

Mass layoffs announced by PlayStation last week affected hundreds of people, including veteran developers. Among them was Santiago Gutierrez, an experienced artist who has been with Naughty Dog for nearly two decades.
Market Analysis March 1, 2024

Who are indie game buyers: play 14-18 hours per week, value innovation, prefer PC and $15-25 games

Who are indie gamers and what do they like the most about these titles? Humble Games, publishing arm of Humble Bundle, has conducted research to answer these questions and better understand the audience.
Industry News March 1, 2024

NetEase’s gaming division generated $11.5 billion in 2023, with Eggy Party hitting 500 million registered players

NetEase has released its financial report for the fourth quarter and the full fiscal year ended December 31, 2023. Here are the key takeaways from the performance of the Chinese tech giant’s gaming business.
Industry News March 1, 2024

Chinese dev 91Act revives weeks after laying off entire staff, with BlazBlue Entropy Effect hitting 350k units sold

The fate of 91Act, a Chinese studio behind the new action roguelike BlazBlue Entropy Effect, has taken an unexpected turn. The studio’s head had to lay off the entire staff due to financial issues, but now he has decided to start rehiring devs after the game’s sudden success.
Industry News February 29, 2024

Report: Gearbox might soon be sold by Embracer Group, with deal “in the late stages of being finalized”

Embracer Group might divest another of its operative groups as part of its cost-cutting restructuring. It has been reported that Gearbox Entertainment, best known for the Borderlands series, is close to being sold out.
Industry News February 29, 2024

Toys for Bob going indie after 19 years under Activision, might continue to work with Microsoft

Microsoft will let go Toys for Bob, one of the many studios it acquired in the record-breaking Activision Blizzard deal. The team, known for series like Star Control and Skylanders, will become independent again.
Deals February 29, 2024

Report: Embracer Group to sell Saber Interactive for $500 million with option to bring along other subsidiaries

Embracer Group continues its cost-cutting restructuring program. The new move might affect one of its largest operative groups, Saber Interactive.
Events February 29, 2024

WN Conference Abu Dhabi’24 brought together over 500 people from Ubisoft, Riot, Google, Unity, and other companies

Earlier this month, WN Media Group hosted a conference in the capital of the United Arab Emirates, Abu Dhabi. It was attended by representatives of Apple, Google, Ubisoft, Unity, TikTok, Tilting Point, Stillfront Group, Riot Games, Huawei, and other companies.
Industry News February 29, 2024

Electronic Arts cuts 670 employees, also cancelling Respawn’s Star Wars FPS and refocusing on own IPs and live services

Electronic Arts has announced a new stage of its business restructuring. It will involve mass layoffs and a reorganization of its gaming portfolio with more focus on its own IPs and live services.
Industry News February 28, 2024

Remedy acquires full rights to Control franchise from 505 Games for €17 million

Remedy Entertainment has entered into an agreement with publisher 505 Games to acquire the rights to the Control IP. The Finnish studio will now also have full control of the upcoming sequel and spin-offs.
Featured February 28, 2024

[UPD] Former Star Citizen devs report layoffs at Cloud Imperium Games, citing restructuring

Cloud Imperium Games (CIG) might be another studio to cut jobs this year. The information came from several former employees who said they had recently been laid off.
Industry News February 28, 2024

[UPD] Hackers allegedly steal nearly 200GB of Epic Games data, including source code and payment information

Epic Games has reportedly become the victim of a cyberattack. As a result, the company’s internal information was stolen by a hacker group under the name Mogilevich.
Industry News February 28, 2024

Balatro reached profitability in just 1 hour, becoming fastest-selling game in PlayStack’s portfolio

Balatro is one of the many successful indie games we have already seen this year. The poker deck-building roguelike, made by solo dev LocalThunk, exceeded expectations and became profitable almost immediately after launch.
Industry News February 27, 2024

Steam charts: several indie games debut in top 15, Elden Ring and Batman: Arkham Knights sales soar

While Helldivers 2 continues to dominate the Steam charts, several new indie games managed to break into the top 15 last week. Not to mention the impressive jumps in sales of some already successful older titles.
Industry News February 27, 2024

Mass layoffs at PlayStation: 900 job cuts across various studios, closure of London Studio, and game cancellations

Sony Interactive Entertainment (SIE) has decided to lay off 900 employees. The move will affect people at various PlayStation studios and divisions.
Industry News February 27, 2024

ZiMAD: Subscriptions now account for more than 70% of Magic Jigsaw Puzzles’ revenue

How can a mobile game remain successful for over a decade? ZiMAD CEO Dmitry Bobrov, who has been running the company for more than 10 years, has tried to answer this question in the 10th episode of Games and Names, an industry podcast launched by AppMagic in partnership with WN Media Group.
Industry News February 27, 2024

Stardew Valley surpasses 30 million copies sold: how it compares to other successful indie games

Stardew Valley has reached an impressive milestone, surpassing 30 million copies sold globally. Here is how the figure compares to other successful indie games.
Industry News February 26, 2024

Supermassive Games to lay off up to 30% employees as part of studio reorganization

Mass layoffs continue to plague the industry. Supermassive Games, developer of games like Until Dawn and The Dark Pictures Anthology, is the latest studio to announce job cuts.
Industry News February 26, 2024

Last Epoch peaks at nearly 265k concurrent players at 1.0 launch, with its success marred by server issues

After more than four years in Early Access, Last Epoch has finally launched globally. It was a huge success, although technical issues slightly clouded the ideal picture.
Industry News February 26, 2024

Baldur’s Gate 3 hits “way over” 10 million lifetime players, still boasting impressive retention

Larian Studios hasn’t officially announced the sales figures for Baldur’s Gate 3. But thanks to one of the studio’s employees, we now know that the game has already reached way over 10 million players.
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