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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.
Industry News February 22, 2024

Report: Skull and Bones attracted just 850k players in its first week, less than other major 2024 releases

Ubisoft has yet to disclose official figures for Skull and Bones, its new pirate action title that suffered from exhausting and troubled development. But a new report sheds light on the game’s not-so-impressive player count.
Industry News February 22, 2024

Deep Rock Galactic: Survivor sells 500k copies in its first week, exceeding studio’s “wildest imagination”

More than 500k players have already purchased Deep Rock Galactic: Survivor. It took the new auto shooter just one week to reach this milestone.
Industry News February 22, 2024

Elden Ring hits 23 million copies sold, cementing its status as best-selling FromSoftware game

Following the announcement of the Shadow of the Erdtree DLC, FromSoftware has updated sales figures for the original Elden Ring game. It seems that players continue to actively buy the studio’s action RPG.
Industry News February 21, 2024

Palworld became top game in UK and US by revenue last month, with its players overlapping with Lethal Company and BG3

Market intelligence firm Newzoo has shared its own data on Palworld, the breakout hit from Japanese indie studio Pocketpair. Here is how the game performed in key markets last month.
Industry News February 21, 2024

Nightingale and Balatro enter top 10 Steam releases of 2024 by peak CCU: digging into their launch numbers

Nightingale and Balatro are drastically different games released on the same day: one is a Victorian survival title and the other is a poker roguelike. But they both managed to attract tens of thousands of concurrent players at launch.
Industry News February 21, 2024

Phil Spencer says cloud now accounts for double-digit percentage of total hours played on Xbox

Phil Spencer continues to discuss his vision of the Xbox future following the recent business update. This time, the Microsoft Gaming head opened up about the main growth areas, mass layoffs, and finding new customers outside traditional console markets.
Industry News February 21, 2024

Warhammer 40,000: Rogue Trader hits 500k copies sold in its first month: how it compares to other Owlcat games

Warhammer 40,000: Rogue Trader has reached its first sales milestone one month after its global launch. Let’s take a look at its launch figures and recall the commercial performance of Owlcat Games’ previous titles.
Industry News February 20, 2024

Helldivers 2 remains highest-grossing game on Steam, while Deep Rock Galactic: Survivor debuts in top 10

After losing its crown earlier this month, Palworld has failed to reclaim the title of top-grossing game on Steam. But there were still enough changes on the platform’s charts last week.
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