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Industry News November 29, 2022

Report: Microsoft ready to make concessions in Activision acquisition, including licensing deal with Sony

Microsoft is still under heavy regulatory pressure in Europe and the US. The company is ready to offer the European Commission concessions to clear the $68.7 billion acquisition of Activision Blizzard.
Industry News November 29, 2022

CD Projekt reports record Q3: profit up over 500% on strong Cyberpunk 2077 sales

CD Projekt has released a financial report for the three months ended September 30. It was a record Q3 in the company’s history, all thanks to the success of Cyberpunk 2077. The company also updated information on its upcoming games.
Deals November 28, 2022

Tencent increases its stake in Remedy Entertainment

Tencent continues to strengthen its position outside China by investing more money in Western companies. It has now increased its stake in Max Payne and Control maker Remedy Entertainment.
Industry News November 28, 2022

Boom Beach: Frontlines becomes another Supercell-related game getting killed during soft launch

Supercell-backed studio Space Ape has decided to end development of Boom Beach: Frontlines. The game struggled to retain an audience and failed to reach the team’s expectations.
Industry News November 28, 2022

Steam peaks at almost 32 million concurrent players, breaking its own record twice

Over the weekend, Steam set a new record for the number of concurrent players on the platform. Almost 32 million people were online at the same time on Valve’s store.
Industry News November 28, 2022

Microsoft doesn’t permit PS Plus to be available on Xbox, Sony tells UK regulator

Sony previously blocked Game Pass on PlayStation. However, Microsoft also seems to oppose bringing PS Plus to Xbox.
Industry News November 25, 2022

“Feast in time of plague”: Soviet-style presentation of Atomic Heart in Russia draws mixed reaction

VK recently organized a special showcase of Atomic Heart for the Russian press, which was stylized in the game’s Soviet aesthetics. The event, however, caused mixed reactions online.
Industry News November 25, 2022

Raphael Colantonio claims “Immersive sims until I die” while talking to fans

It is unclear what WolfEye Studios’ next game will be about, but one thing is clear — it will stick to creative director Raphael Colantonio’s design philosophy.
Events November 24, 2022

Winners of the WN Dev Contest were announced. They will share a $100 000 prize pool

Today is a good day for indie devs. During the second day of WN Tel Aviv`22 winners of the WN Dev Contest were revealed. Let’s take a look at projects that gain traction.
Industry News November 24, 2022

miHoYo disbands team working on unannounced GTA-like game Project SH, some people may be laid off

miHoYo has ceased the development of its unannounced game codenamed Project SH, which was led by the company’s founder. Some people on the team may be laid off as a result.
Legal November 24, 2022

Report: FTC might file antitrust lawsuit to block Microsoft’s acquisition of Activision Blizzard

The US Federal Trade Commission (FTC) considers challenging Microsoft’s takeover of Activision Blizzard by filing an antitrust lawsuit. This might potentially lead to the companies renegotiating or even abandoning the deal.
Industry News November 24, 2022

Pokémon Scarlet and Violet break Nintendo record, hitting 10 million units sold in three days

Pokémon Scarlet and Violet, the latest installments in the long-running video game series, have sold over 10 million copies globally in just three days of launch. It is a new record for Nintendo.
Industry News November 23, 2022

God of War Ragnarök sells over 5 million copies in five days, becoming fastest-selling PlayStation game

The latest installment in the God of War series launched to huge commercial success. Ragnarök has already become the fastest-selling first-party game in PlayStation history.
Legal November 23, 2022

Chinese regulator refused to review Microsoft’s acquisition of Activision Blizzard under simplified procedure

China is one of the countries that should investigate the $68.7 billion deal between Microsoft and Activision Blizzard. The local regulator also wants to review the issues that other governments have with the acquisition.
Industry News November 23, 2022

Netflix working on its first AAA PC game built with Unreal Engine

While Netflix’s mobile expansion continues, the company has started exploring new opportunities in other areas. It seems the streaming giant is now building a team for its first in-house AAA game.
Legal November 23, 2022

How Estonian firm took over ZA/UM by reselling Disco Elysium sketches to it for €4.8 million

The drama around Disco Elysium developer ZA/UM is getting even more twisted. It has been reported that the studio was taken over through a fraud scheme involving the dubious sale of game-related sketches.
Deals November 22, 2022

NetEase invests in Rebel Wolves, new studio started by The Witcher 3 game director

Rebel Wolves, an independent studio co-founded by The Witcher 3 director Konrad Tomaszkiewicz, has secured a strategic investment from Chinese tech giant NetEase. The team is now working on an untitled AAA RPG.
Industry News November 22, 2022

PlayStation to fight trophy shovelware and spam games through delisting and account termination

Sony has finally addressed the problem with shovelware games. The company will ban developer accounts and delist products that copy assets and are designed only for easy trophy hunting.
Industry News November 22, 2022

Microsoft offered Sony 10-year deal to keep Call of Duty on PlayStation, as regulatory pressure intensifies

Microsoft still needs to get approval from more than 10 regulators across the globe to close the acquisition of Activision Blizzard. The company is now also trying to reach an agreement with PlayStation regarding the future of Call of Duty.
Industry News November 21, 2022

NetEase’s PUBG-like mobile hit Knives Out tops $2 billion in revenue, with 90% coming from Japan

Most players haven’t probably heard of NetEase-developed battle royale Knives Out. However, the game has already topped $2 billion in lifetime revenue, thanks to its huge popularity in Japan.
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