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Market Analysis April 18, 2023

Expert explains why cloud gaming shouldn’t be considered distinct market by antitrust regulators

Cloud gaming is one of the concerns that antitrust regulators have over Microsoft’s acquisition of Activision Blizzard. But is it really a distinc market? Here are some thoughts from Joost Rietveld, associate professor in the department of Strategy & Entrepreneurship at the UCL School of Management.
Legal April 18, 2023

Hacker Gary Bowser only paid Nintendo $175 of $10,000,000 he owes in damages

Gary Bowser, known for his involvement in a group that hacked Nintendo consoles, has been released from prison. However, he will most likely have to pay part of his income to the Japanese company for the rest of his life.
Industry News April 18, 2023

Capcom shares hit new record, all thanks to Monster Hunter mobile AR game announcement

Capcom has no plans to break its winning streak, as it prepares to launch AR mobile game Monster Hunter Now from Pokémon GO developer Niantic. The new announcnemnt has sent the company’s shares skyrocket.
Industry News April 17, 2023

Josh Sawyer on Obsidian’s cancelled Aliens RPG: “If you don’t have playable levels, you don’t have much of a game”

Obsidian Entertainment design director Josh Sawyer has opened up about the development of the Aliens game that was cancelled by Sega. He also shared some images from the scrapped project.
Industry News April 17, 2023

Polish mobile developer Ten Square Games to lay off 25% of its staff and shut down two games

Ten Square Games has announced its decision to cut its workforce by 25%. On top of that, the Polish company will close two mobile titles.
Industry News April 17, 2023

Mortal Kombat 11 generated over $500 million in profit, according to former Warner Bros. brand manager

Mortal Kombat is the best-selling fighting game franchise of all time. And here is the estimated profit generated by MK11, its most successful installment.
Deals April 17, 2023

Sega agrees to snap up Rovio for €706 million to accelerate its global mobile expansion

Sega has officially announced its decision to acquire Angry Birds developer Rovio. The Japanese company wants to strengthen its position in the global mobile games market with the help of the Finnish developer.
Marketing April 14, 2023

Nexters on why mobile devs resort to Non-core GamePlay Ads and is it worth it

Non-core gameplay advertising, which doesn’t show users the core gameplay, is a term that carries a lot of negative weight. Nexters head of marketing Anton Yakovlev has explained why the “misleading” trait might be outdated, also detailing what developers should pay attention to when working with such ads.
Game Development April 14, 2023

Dev used GPT-4 to make AI bug fixing tool named after Marvel’s Wolverine

Programming is one of the areas where large language models (LLMs) and new AI technologies are being implemented now. Here is a tool that one developer created to fix the wrong code elements.
Industry News April 14, 2023

Playtika shares fall 5% after key stockholder sells $3.5 million worth of shares

Shortly after the new buyout reports, one of Playtika’s key shareholders sold part of their stake in the company. As a result, the Israeli mobile publisher’s share price fell.
Industry News April 13, 2023

Neil Druckmann calls Elden Ring “great ambassador for video games” as Hidetaka Miyazaki makes TIME100 list

TIME magazine has released its 100 most influential people of 2023 list, and Hidetaka Miyazaki has been named among the world’s innovators. The Dark Souls creator is the only game developer on this year’s list.
Game Development April 13, 2023

NVIDIA open sources its RTX Remix game remastering platform for modding community

Nvidia has launched its RTX Remix platform and made it open source. This should provide modders with more capabilities and tools to create remasters of old games and add path tracing to them.
Industry News April 13, 2023

War Robots tops $750 million in lifetime revenue as MY.GAMES gears up for console and PC expansion

Mobile mech shooter War Robots has reached a new milestone. Here is some data shared by developer Pixonic and publisher MY.GAMES to celebrate the game’s ninth anniversary.
Events April 12, 2023

WN Connect in Shenzhen brought together 150 people from 119 companies, including Tencent, NetEase, and Roblox

The latest WN Connect event took place on March 30 in Shenzhen, China. It was attended by 150 games industry professionals from 119 companies. The list includes Tencent, NetEase, Huawei, Roblox, and iDreamSky.
Market Analysis April 12, 2023

DFC: Core player base only accounts for 10% of 3.7 billion gamers globally

Nearly half of the world’s population plays video games. This is according to a new report from market research firm DFC Intelligence.
Industry News April 12, 2023

Game illustrator jobs in China down 70% due to rapid AI adoption

The games industry is one of the sectors that are rapidly adopting AI technologies and trying to implement them into pipelines. As a result, the number of illustrator jobs in China has plummeted.
Legal April 12, 2023

Konami worker says he had ‘intention of killing’ his former boss after attacking him with fire extinguisher

A Konami employee has been arrested in Japan for allegedly trying to kill his former boss. According to the police, the man attacked him after experiencing power harassment at the workplace.
Industry News April 11, 2023

Devolver Digital posts net loss of $91.5 million for 2022, shares hit new low

Devolver Digital has shared its unaudited results for the full fiscal year ended December 31, 2022. The indie publisher saw its shares hit a new low due to a huge net loss.
Deals April 11, 2023

Take-Two to use $1 billion senior notes offering to repay its outstanding loans

Take-Two has announced a public sale of $1 billion in senior notes. The game publisher will use a portion of the money obtained through this offering to repay its loans.
Industry News April 11, 2023

Report: Several private equity firms interested in acquiring Playtika

Playtika has attracted some interest from buyout firms, according to the latest report. The Israel-based mobile publisher might be the subject of a takeover, though no agreement has yet been reached.
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