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Industry News August 16, 2023

Larian eventually adds names of Baldur’s Gate 3 translators previously uncredited by localization firm Altagram

Some people who worked on translating Baldur’s Gate 3 into Brazilian Portuguese for several years ended up missing from the game’s credits. However, Larian Studios has managed to quickly resolve the issue and get the localization firm to fix it.
Industry News August 15, 2023

Free Fire maker Garena reports 41% revenue drop in Q2, but parent company calls its performance ‘encouraging’

Singapore-based tech giant Sea has issued a financial report for the second quarter ended June 30. Here are all the figures related to its gaming arm, Garena, known for its mobile battle royale Free Fire.
Industry News August 15, 2023

Netflix starts rolling out cloud streaming of games on TVs and PCs

Netflix continues its gaming push by announcing beta testing of its cloud streaming service. The company plans to bring its titles to more devices, including TVs and PCs.
Deals August 15, 2023

Report: Embracer Group’s collapsed $2 billion deal was supposed to be with Savvy Games Group, its second-largest shareholder

New details have surfaced about the collapsed $2 billion deal that Embracer Group was supposed to close earlier this year. It appears that its partner was Savvy Games Group, an investing firm established by Saudi Arabia’s sovereign wealth fund.
Industry News August 14, 2023

Chinese players bashing Overwatch 2 on Steam to express their frustration with Blizzard’s exit from China

Overwatch 2 has been widely criticized by players after its launch on Steam, making it the lowest rated game on the platform. But here is why most negative reviews are coming from Chinese users.
Game Development August 14, 2023

Mark Darrah on trap of live service games, or why napkin math doesn’t work: “You can only play one Destiny at a time”

History is cyclical, and this is true for the games industry as well. Veteran developer and former BioWare producer Mark Darrah has shared his thoughts on companies that repeat the same mistakes over and over again when trying to make their own Ultima Online or Destiny.
Industry News August 14, 2023

Baldur’s Gate 3 breaks its peak CCU record, surpassing 875k concurrent players and posting impressive retention

Hundreds of thousands of players continue to flock to Baldur’s Gate 3 every day, even almost two weeks after its launch. The latest game from Larian Studios has just broken its own record for peak concurrent users.
Deals August 11, 2023

Rockstar partners with Cfx.re, creators of roleplay multiplayer frameworks for GTA V and Red Dead Redemption 2

Cfx.re, the group behind roleplay multiplayer tools for titles like GTA V and Red Dead Redemption 2, has officially joined Rockstar Games. The company, known for its rocky relationship with the modding community, will now support them in their efforts.
Industry News August 11, 2023

Playdead almost signed with Sony to make Inside timed exclusive, but then Phil Spencer stepped in with counterbid

Inside could have become a PlayStation timed exclusive, and Playdead was close to signing with Sony. However, it turned out that it was Microsoft Gaming CEO Phil Spencer who personally convinced the studio to choose Xbox.
Industry News August 11, 2023

Overwatch 2 launches on Steam with just 15% positive reviews, worst result of any release in 2023

Overwatch 2 has become the first Blizzard game to be released on Steam. Although the launch is decent in terms of player count, user reviews leave much to be desired.
Market Analysis August 11, 2023

Survey suggests “there’s nothing ‘special’ about CoD when it comes to console choice”, with PS players more worried about FIFA

A survey, conducted by research data and analytics firm YouGov for Microsoft, has now been made public in full. The unredacted results shed more light on the positions of Microsoft, Sony, and Nintendo in the EU console market, as well as which games consumers value the most.
Events August 10, 2023

WN Conference coming to Cyprus on September 12-13, with talks from Owlcat Games, Google, Meta, and more

The next WN Conference has been officially announced. It will take place in Cyprus next month. The list of speakers includes Owlcat Games, Playkot, Tactile Games, Nexters, AWS, Google, Meta, and more. Here are all the details about the upcoming event.
Industry News August 10, 2023

Roblox working on multimodal generative AI model while hoping to reach 1 billion DAU one day

Roblox has released its financial report for the second quarter ended June 30. The company is optimistic about its future, but some results and metrics have sent its stock down over 20%.
Industry News August 9, 2023

Honkai: Star Rail hits $500 million in mobile revenue, nearly on par with Genshin Impact in its first three months

Honkai: Star Rail has reached another milestone three months after its global launch. China and Japan remain the two largest revenue generators for miHoYo’s latest game.
Industry News August 9, 2023

56.5 million games, 3.3 million PS5s, $5.38 billion in revenue: key takeaways from PlayStation’s quarterly report

Sony has published its financial report for the three months ended June 30. Here are the financial highlights for the company’s gaming division, including sales of video games and PlayStation 5.
Industry News August 9, 2023

Take-Two reports 98% increase in net loss, but its FY25 guidance hints at possible GTA VI release window again

Take-Two has released a new financial report for the first fiscal quarter ended June 30. The company posted strong growth in revenue and net bookings, although its net loss is still growing.
Marketing August 8, 2023

Punch Club 2 hits $1.4 million in gross revenue after launching with over 100k ‘fresh’ wishlists

tinyBuild has detailed its marketing strategy for Punch Club 2: Fast Forward, a sequel to its fighting management sim. Here is how the publisher prepared for the successful launch.
Industry News August 8, 2023

Dark and Darker finds new publisher to launch outside of Steam as Ironmace’s legal dispute with Nexon continues

Ironmace Games has suddenly launched its upcoming PvPvE dungeon crawler Dark and Darker into Early Access. Still unavailable on Steam due to a legal battle with publisher Nexon, the game is now being sold through another platform.
Industry News August 7, 2023

Baldur’s Gate 3 breaks into top 10 Steam games by peak concurrent players, although Swen Vincke expected 100k CCU at max

Baldur’s Gate 3 has every chance of becoming one of the most successful releases of 2023. The game’s performance during its first four days of launch has exceeded everyone’s expectations, including Larian Studios founder Swen Vincke.
Industry News August 7, 2023

Square Enix shares posted worst intraday drop in three years on profit decline and below-expected game sales

Square Enix shares have experienced a huge decline after the company released its report for the first fiscal quarter ended June 30. Analysts were unhappy with a 79% drop in operating profit and lower-than-expected game sales.
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