Business (Page 3)
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Five UK women-led studios receive £215,000 in funding
The Innovate UK award also includes a year's worth of additional business support
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Supercell revenue drops 4.2% to €1.7bn in 2023
Mobile developer contributed €110 million to the Finnish economy last year
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Xbox confirms business operations update February 15 | News-in-brief
The Official Xbox Podcast episode will feature Phil Spencer, Sarah Bond, and Matt Booty
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Motion Twin to end post-launch support of Dead Cells | News-in-brief
The announcement comes after seven years after the Metroidvania's initial release
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But profit within its Entertainment Contents segment declines due to weak game sales
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Room 8 Group finalizes integration of Massive Black and PUGA
The consolidation of the art studios comes nearly two years after they were acquired
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IGDA launches new Incubation Special Interest Group
Chaired by Sho Sato, the group will provide a variety of tools and opportunities for gaming startups
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Nitro Games raises €3.5m in agreement with Digital Extremes
The free-to-play developer aims to complete mobile version of Warframe this year
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Visual Concepts Austin reportedly hit with layoffs
2K Games studio has allegedly let go a "group of very talented developers," according to former employee
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MENA-3 games market generated $1.92bn in 2023
Revenue expected to rise to $2.65 billion in 2027
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CVC Capital Partners is poised to acquire Jagex
The deal comes months after Carlyle Group started shopping the RuneScape maker around
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Silent Hill: The Short Message passes 1m downloads | News-in-brief
The survival horror game co-developed by Konami and Hexadrive released on January 31
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Nintendo profits rise to $2.7bn despite Switch sales slowdown
Platform holder says console sales revenue for the nine months ended in December “in line with expectations,” raises full-year sales forecasts
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Fntastic's now-deleted statement rebuffed allegations about The Day Before's development
The social media post claims in part, that it forcibly issued refunds to users who did not request them
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Counterfeit Square Enix products seized in China
The items involved characters from Final Fantasy and Nier: Automata franchises
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Only 12% of German games companies expect industry growth in 2024
But 50% expect their own business to grow, and only 22% expect to downsize their headcount
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Nexon's Warhaven shutting down this April
Sales of the game's battle pass suspended today
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Microsoft cuts 1,900 staffers from its games division
Xbox maker lays off nearly 9% of Microsoft Gaming employees while Mike Ybarra departs as Blizzard Entertainment president
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An arms race for games industry tax breaks
Nordicity's Kristian Roberts weighs in on the worldwide state of tax credits, where they're effective, and where they aren't
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Obelisk Studio raises $2m from The Games Fund
Company to use funds for development of its first IP
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The AI-powered platform will become a subsidiary of the mobile developer
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Games industry leaders braced 'for up to two years of pain'
2024 will be a year of closures, warn senior bosses
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Talofa Games secures $6.3m in funding round
The studio aims to continue engineer and support its mobile title Run Legends
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Mighty Kingdom fends off ex-CEO's takeover attempt
Fewer than 10% of Conan Chop Chop studio shareholders voted for former boss' resolution to replace board
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TIGA: UK games studios "cautiously optimistic" about the industry in 2024
46% of companies surveyed anticipate economic and business climate will be "favourable" this year