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Deals June 27, 2023

Microsoft paid $117 million for Ninja Theory, according to its pitch regarding potential acquisition of SEGA

More and more internal documents are becoming public during the ongoing FTC v. Microsoft hearings.  This time, let’s take a look at Xbox’s M&A activity and the companies it has chosen as its potential targets over the past few years.
Market Analysis June 27, 2023

New episode of AppMagic’s Games and Names podcast explores clone wars in mobile gaming

New month, new episode of Games and Names — a podcast about the games industry from AppMagic (launched in partnership with WN Media Group). It features Product Madness senior game designer Jesse Kroon discussing the issue of game clones, as well as the fine line between drawing ideas to create new experiences and dishonestly copying other titles.
Deals June 26, 2023

Saudi Arabia increses its stake in South Korean game publisher Nexon to 10%

Saudi Arabia’s Public Investment Fund (PIF) has no plans to stop its global gaming expansion. It has now increased its stake in South Korean / Japanese publisher Nexon.
Industry News June 26, 2023

Yakuza creator Toshihiro Nagoshi and other devs removed from credits in new GOG versions

Ryu Ga Gotoku Studio and SEGA recently released a collection of seven games in the Yakuza franchise on GOG. However, the name of the creator of the series, along with some other developers, has been erased from the credits.
Industry News June 23, 2023

Microsoft sees cloud gaming as “just a console feature” for Game Pass users, rather than separate market

Sarah Bond, Xbox’s corporate vice president of gaming, has shared details about Xbox Cloud Gaming at the FTC v. Microsoft hearing. It seems that this feature is unprofitable for the company.
Industry News June 23, 2023

Goddess of Victory: NIKKE tops $400 million in mobile revenue in less than 12 months

The mobile version of Goddess of Victory: NIKKE, a free-to-play gacha game from developer Shift Up and Tencent’s publishing label Level Infinite, has reached a new milestone in less than a year since its global launch.
Featured June 23, 2023

Design approach of Ryota Suzuki, mastermind behind Final Fantasy XVI’s combat system

Ryota Suzuki has been in the games industry for over two decades working on various action and fighting games. With Final Fantasy XVI as his latest project, let’s take a look at how he applied his experience and design approach to strike a balance between challenge and accessibility.
Marketing June 22, 2023

How to count wishlists for game on Steam based on number of its followers

It is hard to guess how many wishlists a game has on Steam since this metric is only available to game developers. But there is a way to estimate the number by applying a certain multiplier to the follower count.
Industry News June 22, 2023

Jim Ryan: Sony “simply could not run the risk” of sharing details about PS6 with Activision if Microsoft acquires it

An excerpt from Jim Ryan’s testimony to the US Federal Trade Commission (FTC) has been made public. The SIE boss has tried to explain why the company won’t share any hardware details about the PS6 or any other upcoming console with Activision Blizzard post-acquisition.
Industry News June 22, 2023

Scavengers Studio employees report “massive layoffs” affecting dozens of devs

Scavengers Studio, an indie team behind Season: A Letter to the Future, has reportedly been hit with layoffs. It seems that the job cuts affected most of the studio’s employees.
Deals June 21, 2023

Embracer Group paid $395 million for Lord of the Rings rights, including films, games, and merch

Embracer Group has revealed how much money it spent on purchasing The Lord of the Rings rights through its acquisition of Middle-earth Enterprises from The Saul Zaentz Company.
Industry News June 21, 2023

Capcom sold over 100k copies of its games in Russia last year despite suspending its operations

Capcom has disclosed the geography of its game sales for the past fiscal year. Although the company has suspended its business activities in Russia, the country was still in the same tier as Canada, Italy, and France.
Industry News June 21, 2023

Broken Sword writer Steve Ince retires from games industry, expressing concern about “threat of AI”

Prominent game writer Steve Ince has announced his retirement after working in the industry for more than 30 years. He has contributed to dozens of titles but is best known for his work on the Broken Sword series.
Industry News June 21, 2023

EA Entertainment and EA SPORTS: what Electronic Arts’ restructuring means for its business and leadership

Electronic Arts has announced a restructuring, realigning into EA Entertainment and EA SPORTS. Here is what it means for the company’s business.
Industry News June 20, 2023

New Zealand concerned that Microsoft could weaken its cloud gaming rivals’ ability to compete following Activision deal

New Zealand’s Commerce Commission has listed concerns it has over Microsoft’s proposed acquisition of Activision Blizzard. Just like the UK regulator, it believes that the deal could lessen competition in the cloud gaming market.
Industry News June 20, 2023

BattleBit Remastered becomes best-selling premium game on Steam, peaking at 61k concurrent players

BattleBit Remastered, a 254-player low-poly multiplayer shooter made by a small indie team, is now storming the charts. Last week, it generated more revenue on Steam than some AAA blockbusters like CoD: Modern Warfare II and Starfield.
Industry News June 20, 2023

Persona 5 series tops 9 million units sold globally, accounting for half of entire franchise’s sales

Persona 5 and its spin-offs have reached a new sales milestone. The collection of games remains the best-selling entry in the entire franchise.
Industry News June 19, 2023

Nicola Sebastiani steps down as head of PlayStation Mobile after two years

Experience gaming executive Nicola Sebastiani has left PlayStation Studios after two years. He helped Sony establish its mobile division and build a growth strategy in this area.
Industry News June 19, 2023

WoW and Overwatch designer Scott Mercer leaves Blizzard after 26 years

Veteran game designer Scott Mercer has announced his retirement after working at Blizzard for more than two decades. He contributed to the studio’s key franchises.
Market Analysis June 19, 2023

US games and esports market generated $54 billion in 2022, showing lowest growth rate in five years

Data analytics firm PricewaterhouseCoopers (PwC) has shared a new report on the US video games and esports market. Here are the key figures and takeaways, as well as a forecast for the next five years.
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