Sections

Starbreeze reports pre-tax loss as it sheds non-core assets

Sale of Psychonauts 2 and 10 Crowns publishing rights nets Starbreeze around $14 million

By Haydn Taylor

Loot Crate files for bankruptcy, lays off over 50

Employees report no notice or severance despite promises that "operations will continue as usual"

By Rebekah Valentine

Lockwood Publishing closes funding round led by Novator, CCP Games CEO

Unity Technologies founder David Helgasson also participates, appointed chairman of the board

By Rebekah Valentine

Superhot launches indie development fund

Director of special projects Callum Underwood details how the studio is giving back to the indie community with Superhot Presents

By James Batchelor

Pre-tax earnings more than double at Stillfront Group in Q2

Group posts $49.9 million revenue and $15.9 million earnings

By Haydn Taylor

Game revenues rise as Tencent enjoys end of China's approvals freeze

Chinese publisher released ten mobile games in Q2 2019, compared to just one last year

By Matthew Handrahan

THQ Nordic strengthens portfolio with Goodbye Kansas Game Invest acquisition

Goodbye Kansas Game Invest has five investments in early stage games companies, deal includes royalty rights to Biomutant

By Matthew Handrahan

Statespace raises $2.5 million for esports training platform

Seed round was led by First Mark Capital, with participation from Expa, Lux Capital and WndrCo

THQ Nordic confirms new Saints Row title after strong Q1

The publisher also said that development of Dead Island 2 is now being led by Dambuster Studios

By Matthew Handrahan

THQ Nordic acquires Darksiders developer Gunfire Games

Value of the deal for Gunfire's 63 staff and IP catalogue was not disclosed

By Matthew Handrahan

THQ Nordic buys Milestone Interactive for €44.9m in cash

Acquisition of Italian racing studio could almost double in value based on earnouts

By Matthew Handrahan

Imperator: Rome plus multiple game expansions lift Paradox's Q2

Swedish publisher posts record Q2 revenues as long-term investments begin to pay off

By Rebekah Valentine

Annapurna exploring bankruptcy protection

Update: Annapurna Interactive states "we're not going anywhere" to quell fears over its closure

By James Batchelor

Activision Blizzard sees sagging sales, profit, engagement

Key metrics dip for publisher in second quarter as it prioritizes investments it expects to pay off in back half of the year

By Brendan Sinclair

UK spent £1.6bn on video games in the first half of 2019

Games account for 47% of all money spent on entertainment products, outstripping music and video

By James Batchelor

NetEase revenue and profit up in Q2 following strong international performance

"We will continue exploring overseas market opportunities and growing our games business on a global scale," says CEO

By Haydn Taylor

Nexon profits tumble in Q2 despite rising revenues

FIFA Online 4 drove Korean market, but China was the publisher's single biggest region

By Matthew Handrahan

Animoca Brands acquires Quidd in $5m share-only deal

Digital collectables marketplace could get another $3m in earn-out payments

UK's Video Games Tax Relief has paid out £324m in five years

Over 1,000 claims have been made by developers and publishers since incentive launched in 2014

By James Batchelor

Square Enix kicks off financial year with Q1 sales of $501m

Sales up 19%, income rises 86% - driven in part by Final Fantasy XIV and remasters

By James Batchelor

Nexon to fully acquire stock in Embark Studios

Nexon's Western development strategy will now be "driven" by Embark founder Patrick Söderlund

By Matthew Handrahan

Capcom profits up 50.8% thanks to "highly profitable" digital downloads

Japanese publisher increases focus on esports as it restructures unprofitable arcade business

By Haydn Taylor

Sega Sammy operating income up 246.6% this quarter

Entertainment segment drives huge year-on-year profit increase

By Haydn Taylor

Nintendo quarterly profits down 10% despite rising Switch sales

Annual profits up around 40% as Switch falls just shy of two year sale-projection with 36.9 million units sold

By Haydn Taylor

PlayStation 4 passes 100m shipments, but revenues dip by ¥15bn

Sony revises forecasts as first-party exclusives and overall game sales slow

By James Batchelor

Page 1 of 64

Subscribe to the GamesIndustry.biz Newsletters