News
More than 500 games earned over $3m on Steam in 2023
The platform also reached 33 million concurrent users for the first time
Business (Page 3)
News
Phil Spencer says Xbox is not dropping physical media
Xbox boss clarifies that the firm's strategy "does not hinge on people moving all-digital"
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Bandai Namco's Q3 revenue rose 3.9% to $5.1bn
Publisher attributed drop in profits to comparison with Elden Ring launch, confirmed five titles have been cancelled
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Xsolla leadership changes continue with new chief strategy officer
Appointment follows arrival of new president David Stelzer in December
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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
News
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
News
Sega revenues rise to $2.7bn
But profit within its Entertainment Contents segment declines due to weak game sales
News
Room 8 Group finalizes integration of Massive Black and PUGA
The consolidation of the art studios comes nearly two years after they were acquired
News
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
News
MENA-3 games market generated $1.92bn in 2023
Revenue expected to rise to $2.65 billion in 2027
News
CVC Capital Partners is poised to acquire Jagex
The deal comes months after Carlyle Group started shopping the RuneScape maker around
News
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
News
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
News
Counterfeit Square Enix products seized in China
The items involved characters from Final Fantasy and Nier: Automata franchises
News
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
News
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
Feature
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
News
Obelisk Studio raises $2m from The Games Fund
Company to use funds for development of its first IP
News
TapNation acquires UA Hero
The AI-powered platform will become a subsidiary of the mobile developer