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Industry News August 7, 2023

Embracer Group shuts down Campfire Cabal as part of its cost-cutting restructuring program

Campfire Cabal has been shut down less than a year after its formation. The studio fell victim to a business restructuring currently underway at its parent company Embracer Group.
Industry News August 4, 2023

Unity’s net loss decreased to $193 million in Q2, with Grow Solutions revenue up 157% year-over-year

Unity has released its financial report for the second quarter ended June 30. The company is showing strong revenue growth, while its net loss continues to decrease.
Industry News August 4, 2023

Baldur’s Game 3 peaks at over 472k concurrent players, second biggest launch of 2023 in terms of CCU

After nearly three years in Early Access, Baldur’s Gate 3 has finally launched globally. Larian Studios’ latest RPG is now taking Steam by storm.
Featured August 3, 2023

Larian’s thorny path to Baldur’s Gate 3: from underdogs with Intel 486s to global company that survived against all odds

Baldur’s Gate 3 has finally launched today, and Larian Studios looks stronger than ever — both financially and creatively. However, the company has overcome many headwinds in its nearly 30-year history, from crises to publishers that couldn’t care less about the team and their passion.
Market Analysis August 2, 2023

Less than 10% of 200 new Nintendo Switch releases in any given month reach top 300 most downloaded games

Nintendo Switch is one of the most closed and mysterious platforms when it comes to the amount of sales data available. However, discoverability expert Simon Carless has tried to analyze the state of the platform and chances of finding success in this oversaturated market.
Industry News August 2, 2023

Electronic Arts’ full-game net bookings up 143% in Q1, largely driven by Star Wars Jedi: Survivor

Electronic Arts has released its financial report for the three months ended June 30. Here are the key takeaways and data on the company’s top-performing games and franchises.
Events August 2, 2023

WN Connect Shanghai’23, held in partnership with ChinaJoy 2023, sets attendance record

The latest WN Connect took place on July 27 in Shanghai, China. Here are some results of the event that was held in connection with ChinaJoy, the largest digital entertainment conference and expo in Asia.
Market Analysis August 1, 2023

Ampere: Final Fantasy XVI was 6th biggest PS5 game by MAU in June, with US and Japan accounting for over 50% of all players

Final Fantasy XVI was one of the most played games on PlayStation 5 in June. Here is some fresh data from Ampere Analysis that proves the title’s commercial success.
Industry News August 1, 2023

Remnant II hits 1 million units sold, likely fastest Gearbox-published game to reach this milestone

Remnant II is selling much faster than its predecessor, proving to be a commercial success. The game has exceeded the expectations of publisher Gearbox.
Legal July 31, 2023

South Korean court denies arrest warrant for head of Ironmace amid legal dispute over Dark and Darker

An arrest warrant was recently requested for the head of South Korean developer Ironmace Games. This happened amid the legal battle between the studio and publisher Nexon over Dark and Darker.
Game Development July 31, 2023

Pros and cons of using Midjourney in game development — lessons learned by Nexters

Generative AI is increasingly penetrating game development. Writing for Game World Observer, Nexters art producer Alisa Roz has detailed how the company started using Midjourney in the art creation process for its titles.
Industry News July 31, 2023

Over 400 titles now available on WN Game Finder, game searching service for publishers and investors

Game searching and business matchmaking service WN Game Finder has reached a new milestone two months after its launch. The platform is now inviting more developers to submit their projects for free.
Industry News July 30, 2023

Swen Vincke on why devs shouldn’t worry about Baldur’s Gate 3 and do their own thing: “Standards change continuously”

Baldur’s Gate 3 has sparked a conversation about whether it should be considered a new standard for the RPG genre. Larian Studios founder Swen Vincke has shared his thoughts on the matter and tried to explain why he doesn’t buy into this whole discourse.
Marketing July 28, 2023

Pros and cons of Early Access: why high risks might not be worth slightly higher rewards

Although we have seen numerous successful Early Access games, there is still a debate about whether all developers should take this approach. Game marketing expert Chris Zukowski tried to get an answer using the raw power of numbers.
Marketing July 28, 2023

Rami Ismail shares pitch template to help aspiring game devs avoid red flags and common pitfalls

What is the best way to pitch a game to a publisher? Rami Ismail, experienced developer and renowned games industry ambassador, has been there, done that. Here are some useful tips on presenting your project as a business case.
Market Analysis July 27, 2023

PlayStation 5 sales top 40 million in 32 months: how it compares to Xbox Series X|S, Nintendo Switch, and PS4

PlayStation 5 has reached another milestone, with its sales surpassing 40 million globally. Having overcome supply shortages, Sony maintains a leading position in the console market.
Industry News July 27, 2023

Paradox Interactive posts 61% revenue growth in Q2, driven by Age of Wonders 4 and its focus on core games

Paradox Interactive has released a financial report for the second quarter ended June 30. The Swedish publisher continues to deliver on its growth strategy by supporting its core franchises with live content and investing in new games.
Industry News July 27, 2023

Ratchet & Clank: Rift Apart peaks at less than 9k concurrent players on Steam, third worst PC launch for PlayStation game

Ratchet & Clank: Rift Apart is the latest PlayStation game ported to PC. While it got attention thanks to the use of DirectStorage 1.2, its launch numbers are quite unimpressive compared to SIE’s other first-party titles on Steam.
Industry News July 26, 2023

Capcom shares surged 1,200% over past 10 years, with experts praising its strong back catalog sales

Capcom remains one of the most successful Japanese game companies. And the steady growth in its share price only strengthens the company’s position among competitors.
Industry News July 26, 2023

Remnant II peaks at over 80k concurrent players, storming Steam charts as newest hit in Embracer’s portfolio

Remnant II is having a successful launch, surpassing the first game in terms of peak concurrent players on Steam. Let’s take a look at its metrics and compare them to other games in Gearbox’s publishing catalog.
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