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Industry News November 9, 2023

Mortal Kombat 1 hits nearly 3 million copies sold: how it compares to previous MK games

Mortal Kombat has been doing well commercially, according to NetherRealm Studios’ parent company Warner Bros. Discovery. Let’s take a look at its launch sales and compare them to previous titles in the series.
Industry News November 8, 2023

Take-Two shares jump nearly 10%, as Rockstar plans to release first trailer for GTA 6 in December

GTA 6 is one of the most anticipated video games right now, and Rockstar is almost ready to release the first trailer for it. As a result, publisher Take Two saw its share price soar.
Industry News November 8, 2023

Warcraft Rumble hits $3.4 million in revenue in less than week since its global launch

On November 2, Blizzard Entertainment released its mobile strategy title Warcraft Rumble. Let’s take a look at its revenue and other metrics during the first week of its global launch.
Industry News November 8, 2023

Krafton plans to launch over 30 games by 2026 to drive future growth on its transition into global publisher

Krafton has released its financial report for the third quarter ended September 30. The South Korean publisher reported strong sales, also detailing its pipeline and plans to become a global game publisher.
Industry News November 8, 2023

Super Mario Bros. Wonder hits 4.3 million copies sold in two weeks: how it compares to sales of other Mario games

Super Mario Bros. Wonder has been a huge success for Nintendo, breaking franchise records in terms of launch sales. Let’s compare its figures to previous titles in the long-running series.
Industry News November 7, 2023

Ubisoft lays off nearly 100 employees across its Canadian offices as part of reorganization

Ubisoft is another game company to cut its workforce, with new layoffs affecting employees in its Canadian offices. This comes after the publisher announced a mandatory return-to-office policy.
Industry News November 7, 2023

Nintendo posts $1.8 billion in profit for H1, as Zelda: Tears of the Kingdom tops 19 million copies sold

Nintendo has released its report for the first half of FY24 ended September 30. The company saw growth in all the key business metrics, with Tears of the Kingdom driving sales of Nintendo Switch.
Industry News November 7, 2023

Epic Games Store remains unprofitable nearly five years after its launch, its GM Steve Allison admits in court

Epic Games Store is still running at a huge loss for the company. New details have emerged as part of its antitrust court battle with Google.
Industry News November 3, 2023

Larian’s Michael Douse on why BG3 is ‘modern RPG’, not CRPG: “It’s doing things most RPGs aren’t able to do”

Danny O’Dwyer, founder of video game documentary channel Noclip, has tried to analyze the reasons behind the success of Baldur’s Gate 3 and why games like this are so rarely released. He also spoke with the Larian publishing director to get more context about bringing a AAA RPG to today’s market.
Game Development November 3, 2023

Gaijin Entertainment open-sources its Dagor Engine, surprised to see Russian Nau Engine using parts of it

Gaijin Entertainment has decided to open-source its Dagor Engine. However, the War Thunder developer seems surprised by reports that the Nau Engine team, financially backed by Russian tech giant VK, plans to use parts of it for its upcoming framework.
Industry News November 3, 2023

Microsoft increases Game Pass price in Turkey and Argentina again, up to 100% depending on subscription tier

Microsoft is the latest game company to recently adjust its prices in Turkey and Argentina. This comes just a few months after Game Pass subscription in these countries had already become significantly more expensive.
Industry News November 2, 2023

NetEase continues its global expansion by starting Fantastic Pixel Castle, studio led by Blizzard and Riot veteran Greg Street

NetEase Games continues to lure industry veterans, expanding its presence in the Western market. This time, the Chinese tech giant has joined forces with MMORPG designer Greg Street.
Industry News November 2, 2023

The Day Before back as most wishlisted game on Steam after FNTASTIC wins back its IP

Fntastic has managed to finally reclaim the title of its upcoming survival action game The Day Before. As a result, it has returned to Steam, with the studio gearing up for the Early Access launch.
Industry News November 2, 2023

“Live services are the foundation of our business,” says Andrew Wilson, as EA reports 33% profit growth in Q2

Electronic Arts has released a financial report for the second quarter ended September 30. The company’s revenue and profit continue to grow, largely driven by the ongoing success of its live service games.
Industry News November 1, 2023

Capcom working on “silver bullet” against piracy, while comparing PC game mods to cheats

Capcom has detailed its stance on video game piracy and measures it plans to take to tackle this issue. The Japanese publisher also directly compared the mods that players create for its titles on PC to cheats, seeing them as a threat to its reputation and finances.
Deals November 1, 2023

Devolver Digital snaps up System Era for up to $40 million, as Astroneer hits $87 million in lifetime revenue

Devolver Digital is expanding with the announcement of a new M&A deal. The indie publisher has acquired System Era Softworks, which will become its seventh subsidiary.
Industry News November 1, 2023

Bungie laid off roughly 100 employees as Destiny 2 revenue fell 45% below projections for 2023

New details have emerged about the recent layoffs at Bungie. It appears the cuts were made due to Destiny 2’s poor commercial performance, with the studo now trying to take steps to improve the metrics.
Industry News October 31, 2023

ARK: Survival Ascended becomes highest-grossing premium game on Steam, Marvel’s Spider-Man jumps 83 places

ARK: Survival Ascended, a new version of Studio Wildcard’s survival hit, is off to a strong start on Steam after its Early Access release on October 26. Plus, there were some interesting shifts in the top 20 highest-grossing titles on the store.
Industry News October 31, 2023

Remedy posts widening operating losses in Q3, says it wants to make games that “typically continue to sell for years”

Remedy has released its financial report for the third quarter ended September 30. The company’s losses continue to grow, as it increases investment in game development and aims for long-term success.
Industry News October 31, 2023

How AI can be used in game marketing and ASO: new episode of Games and Names podcast featuring App Radar’s Thomas Kriebernegg

The new episode of Games and Names, a games industry podcast launched by AppMagic in partnership with WN Media Group, is dedicated to the use of AI tools in game development and what the main limitations that come with it.
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