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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.
Industry News May 2, 2024

Over 1,000 games industry professionals lost their jobs in April, up 132% year-over-year

Game companies laid off at least 1,003 employees in April 2024. The industry continues to go through a tough period, with hundreds of jobs being cut every month.
Industry News May 2, 2024

Matthew Bromberg becomes new CEO of Unity: look back at his professional career, from EA to Zynga

Unity has finally appointed a new CEO following the resignation of John Riccitiello last year. Here is everything to know about the executive.
Marketing April 29, 2024

Gamelight helped mobile publisher JOYCITY deliver 257% ROAS growth from D7 to D30 in Japan and South Korea

South Korean mobile publisher JOYCITY has partnered with UA platform Gamelight to expand the player base of its title World War: Machines Conquest in certain regions. The main goal was to maximize the ROAS growth.
Industry News April 27, 2024

Clockmaker dev Belka Games lays off 20% of employees after revising its strategy

Belka Games has joined a growing list of studios that have conducted mass layoffs this year. The Cyprus-based mobile developer decided to cut several dozen workers.
Industry News April 27, 2024

Songs of Conquest sees surge in wishlists additions, approaching 500k mark ahead of 1.0 launch

Songs of Conquest, a turn-based strategy game inspired by classic titles in the genre, will leave Early Access next month. Judging by its metrics, it is in for a really strong launch.
Industry News April 27, 2024

Inside Manor Lords’ impressive launch: 159k concurrent players, 7th biggest release of 2024 on Steam

Manor Lords, which was the most wishlisted upcoming game on Steam, has just launched in Early Access. It has already amassed a huge audience in just the first few hours, so let’s take a closer look at the numbers.
Market Analysis April 26, 2024

Games industry deals totaled $4.9 billion in Q1, more than doubling year-over-year

Market intelligence platform InvestGame has analyzed gaming deal activity in the first quarter of 2024. Here are the key trends for various segments, including acquisitions and private investments.
Industry News April 26, 2024

Pokémon GO hits $8 billion in player spending: how it compares to other mobile AR games

Pokémon GO has been leading the AR segment on mobile for eight years now. According to AppMagic, the game has surpassed $8 billion in lifetime player spending.
Industry News April 26, 2024

Microsoft reports 51% rise in Q3 gaming revenue thanks to Activision Blizzard, but console sales plummet

Microsoft has released its financial report for the third quarter ended March 31, 2024. Here is how the company’s video game division performed in the three-month period.
Industry News April 25, 2024

Rotwood peaks at over 25k concurrent players, but faces wave of negative reviews from Chinese players

Don’t Starve developer Klei Entertainment has just released its new game, action roguelite Rotwood. Let’s take a closer look at its initial numbers and player reception.
Industry News April 25, 2024

Backpack Battles hits 640k copies sold in first month, with China accounting for nearly half of total

Backpack Battles has become one of the surprise indie hits of 2024. In its first month, the inventory management auto battler reached an impressive milestone of 640k units sold on Steam.
Industry News April 25, 2024

Capcom ready to deliver 7th consecutive year of record-high profits amid strong sales of Dragon’s Dogma II and back catalog games

Capcom has revised its outlook for the full-year ended March 31, 2024. The Japanese publisher expects its annual revenue and profit to hit new record highs.
Industry News April 25, 2024

Paradox Interactive says “we have areas where we need to do better” after reporting $44 million in Q1 revenue

Paradox Interactive has released its report for the first quarter of 2024 ended March 31. The publisher posted stable financial results, also admitting that the quality of its games should be more consistent.
Industry News April 24, 2024

Frostpunk hits 5 million copies sold in six years, boasting average playtime of 24 hours

11 bit studios is celebrating the sixth anniversary of Frostpunk. The survival city builder’s lifetime sales have now surpassed 5 million copies.
Market Analysis April 24, 2024

Helldivers 2 was top new game by revenue in Q1 2024, but Fortnite remained unrivaled overall

With the PC and console market dominated by evergreen live service hits and established franchises, it is interesting to see how many new releases are able to compete with them. Newzoo has shared some data on the top games by revenue in the first quarter of 2024.
Game Development April 24, 2024

Epic launches Unreal Engine 5.4 with tons of improvements to animation and rendering tools

Unreal Engine 5.4 has been officially released. The new version of Epic Games’ technology introduces new features and many improvements to built-in animation tools and overall performance.
Industry News April 24, 2024

Steam closes Advanced Access refund loophole, with any playtime now counting towards two-hour limit

Valve has just updated Steam’s refund policy. It will now count playtime even before the game’s global release date, making it more difficult for players to abuse the system.
Industry News April 23, 2024

Infogrames rises from ashes as Atari plans to acquire third-party IPs and publish games outside of its core brand

Atari has suddenly launched a new publishing label under the revived Infogrames brand. And it has already announced its game acquisition.
Industry News April 23, 2024

No Rest for the Wicked debuts in top 5 on Steam charts, while Fallout games continue to perform strong

No Rest for the Wicked had a strong debut on the Steam charts, outperforming many popular premium and free-to-play titles. Let’s take a close look the top games by gross revenue for the previous week.
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