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Industry News January 19, 2023

Report: Riot Games hit by layoffs across esports, HR, and support teams

Riot Games joins other game companies that have announced layoffs this month. According to the latest report, the League of Legends maker has decided to cut jobs in several divisions.
Industry News January 19, 2023

Halo Infinite head of creative Joseph Staten leaves 343 Industries amid layoffs and restructuring at Microsoft

Joseph Staten, an industry veteran hired to help ship Halo Infinite, is now leaving 343 Industries to rejoin Xbox’s publishing division. This is a result of mass layoffs at Microsoft and the studio’s restructuring.
Legal January 18, 2023

European Parliament votes to introduce measures against loot boxes and gaming addiction

The European Parliament has decided to take action against loot boxes and other issues in the games industry to better protect consumers. The members also proposed several measures to stimulate market growth.
Industry News January 18, 2023

Josh Sawyer says biggest issue with leaks is not being able to defend yourself “against assertions made up ex nihilo”

Obsidian Entertainment design director Josh Sawyer has shared his thoughts on video game leaks. Here is one of the biggest issues with them from a developer’s perspective.
Industry News January 18, 2023

Microsoft to lay off 10,000 employees ahead of posting slowest sales growth in years

Microsoft is reportedly preparing to conduct a new round of layoffs. This time, the scale is really big, as thousands of people could lose their jobs in the coming days.
Industry News January 18, 2023

NetEase calls Blizzard’s proposal ‘outrageous and inappropriate’ amid escalating game publishing dispute

NetEase has responded to Blizzard’s latest comments, explaining why it refused to extend their partnership to publish games in China for another six months. The tech giant criticized the World of Warcraft developer for its unprofessional behavior and overconfidence.
Industry News January 17, 2023

French Union calls on Ubisoft workers to strike: “Mr. Guillemot is trying to shift the blame onto the employees”

Following the announcement of Ubisoft’s “targeted restructuring” and CEO Yves Guillemot’s controversial address to employees, a French union has called on workers to strike. The organization also demanded a 10% salary increase.
Industry News January 17, 2023

Vampire Survivors tops 3 million downloads on mobile, generating around 60k installs per day

The launch of the free mobile version of Vampire Survivors has brought millions of new players to one of the most popular and addictive indie games of 2022. Here are the key numbers for iOS and Android.
Industry News January 17, 2023

NetEase refuses to extend its partnership with Blizzard in China for another six months

While Blizzard continues to look for a new partner to publish its games in China, NetEase has refused to extend their previously expired partnership. So the future of World of Warcraft, Diablo, and other games in the country is still vague.
Industry News January 17, 2023

Report: Motorsport Games employee threatens to leak source code for 4 games due to unpaid wages

Motorsport Games hasn’t paid salaries to its Russia-based development team for months. As a result, one of the employees reportedly decided to take more desperate action, threatening to leak the source code for several games online if the company continued not to pay wages.
Industry News January 16, 2023

Bankruptcy administrator on Game Insight case: “This behavior is more typical of some homegrown scammers”

Game Insight caused controversy after exiting the Russian market, not paying salaries, and laying off 600 employees last year. The company’s entity in the country had already been declared bankrupt, but the whole process was really tricky and lousy, according to new information provided by a bankruptcy administrator.
Industry News January 16, 2023

Tencent fired more than 100 employees over bribery and corruption last year

Tencent continues to fight corruption within the company. The Chinese gaming and tech giant has fired more than 100 employees over bribery and other violations, also reporting some of them to the police.
Industry News January 16, 2023

Japanese developer COLOPL announces monthly allowance for all employees to offset impact of inflation

COLOPL, best known for its mobile free-to-play RPG White Cat Project, has decided to help its employees cope with global price hikes. The company will start providing a monthly allowance throughout the year.
Industry News January 16, 2023

The Callisto Protocol fails to recoup its $160 million budget, misses sales target

It looks like The Callisto Protocol didn’t live up to publisher Krafton’s expectations. This led market analysts lowering sales projections and share price targets.
Industry News January 13, 2023

CD Projekt once again tops Ubisoft in market cap amid Assassin’s Creed publisher’s troubles

Some new shifts are taking place in the European video game market. Amid Ubisoft’s latest struggles, CD Projekt has managed to surpass the Assassin’s Creed publisher by market capitalization. Again.
Industry News January 13, 2023

Google and Nvidia back FTC’s concerns that Activision Blizzard deal would give Microsoft unfair advantage in cloud

Google and Nvidia have expressed their concerns over the Activision Blizzard deal, supporting the US Federal Trade Commission on its way to block the merger. They are afraid that Microsoft could make competition in the video game market unfair.
Featured January 13, 2023

Buying ready-made 3D assets for your game — a time saver or a waste of money?

Using ready-made 3D assets can save time and money for some teams, but there are also a lot of pitfalls. Maksim Nikifarovich, lead artist at Belka Games, has opened up about the key challenges that game developers may face.
Industry News January 12, 2023

Genshin Impact maker miHoYo aiming to build virtual world that connects 1 billion users by 2030

miHoYo’s ambitions go beyond Genshin Impact. The Shanghai-based company is aiming to build its own virtual universe with a user base of roughly 1 billion players.
Industry News January 12, 2023

EverQuest co-creator John Smedley leaves Amazon Game Studios after 6 years

John Smedley, experienced executive and one of the creators of EverQuest, has stepped down as the head of Amazon Game Studios San Diego. He has been with the company for six years, but hasn’t shipped a single game.
Industry News January 12, 2023

Ubisoft shares plunge 20% after canceling three games, announcing job cuts, and lowering revenue targets

Ubisoft is going through harsh times as it prepares for a targeted restructuring. This includes cutting costs, layoffs, the cancellation of several games, and lowering revenue targets amid weaker sales and an empty release schedule.
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