industry news

Dev studio ProbablyMonsters cancels its Battle Barge project and lays off 50 workers

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The hits keep on coming in regards to layoffs in the games industry. This time around we're reporting on a layoff of 50 workers...

Riot Games promises that it’s still ‘working hard’ on the Riot MMORPG

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Back in March, Riot Games decided that its in-development and unnamed MMORPG would need to reset its design direction and go radio silent for...

SAG-AFTRA union agrees to resume negotiations with game companies, but strikes and picketing continue

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Video game voice over artists who are members of the SAG-AFTRA union have been on strike against game companies since July as game studios...

Roblox Corp denies short-seller’s report that it lies to investors and hosts ‘a pedophile hellscape’

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The dark clouds that hang over Roblox have been well-documented by us for quite some time, but now there's a damning new report from...

Ubisoft ponders a buyout by Tencent and Guillemot family’s company after second quarter stumbles

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It's become clear now that the Star Wars and Assassin's Creed IPs are not as ironclad as they once were for Ubisoft: Following a...

343 Industries rebrands to Halo Studios for ‘new games’ and UE5 switch

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What's in a name? Well if you ask Halo fans and mention the name of 343 Industries, you might get a curled lip in...
Burn it all.

Epic Games claims to be ‘financially sound’ with new concurrency records for Fortnite and EGS

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If anyone was harboring a concern for the financial health of Epic Games, then let the soothing words of some of the company's execs...

Concord devs anticipate layoffs as Sony moves their director to a ‘support role’

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The sad story of the team vs. team hero shooter Concord doesn't appear to simply stop at the game being killed after roughly two...
well then

Microsoft inflates its stock price through a $60B buyback of shares in the shadow of 650 layoffs

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Corporate America has once again proven itself to be the full mask-off villain it's lampooned as: After a memo found that Microsoft was preparing...

How hyper investment and greed led to the games industry’s ‘GaaSacre’ and downward slump

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Hindsight is always 20/20, and no more is that axiom more appropriate than a look back at how the gaming industry got to the...

PlayStation 5 Pro’s $700 price tag fuels debate over PC rigs and console preferences

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Last week saw the gaming world get hit with a meteorite when Sony introduced the $700 PlayStation 5 Pro, an upgraded version of the...

SAG-AFTRA union secures AI protections with multiple studios including ARK dev Studio Wildcard

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The strike initiated by voice actors in the SAG-AFTRA union this past July is beginning to yield some positive results for voice actors who...

Bungie reportedly fired Marathon’s former director over internal misconduct allegations

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Earlier this year, Marathon Director Chris Barrett was replaced by Joe Ziegler as part of a reported leadership shake-up, but as it turns out,...
So steamy.

Steam sets a new all-time concurrency record with 37M players logging into the platform

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Let there be no doubt to anyone who plays games on PC of who the 5,000-pound gorilla of the digital storefront world is: Valve's...

Unleashed Games confirms its MMO Haven will be used for additional titles made with generative AI

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In the beginning half of the year, we started covering Haven, a developing MMORPG from Unleashed Games that promised gameplay beats familiar to those...

Amazon Games says its publishing moves signal the company is ‘not hell bent on just being MMOs’

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Amazon Games is publishing the co-op title King of Meat. It has also entered publishing deals with Maverick Games for its narrative-driven open-world title...

Steam visually filters out ‘humorous but unhelpful’ reviews, readies new game description rules for September

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Gamers who updated their Steam desktop app recently may have seen something a little new in their browsing experience: a feature that is visually...

Embracer Q1 2024: Sales and company debt lower while the LOTR MMO gets a mention

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If you were hoping for some form of revelation for Embracer Group's slate of MMOs to come out of the company's April-to-June investor report...

Former Pearl Abyss America CEO takes the helm of NCsoft America

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Last week we reported on Pearl Abyss America CEO Jeonghee “JJ” Jin announcing the end of her tenure after six years for "a new...

Kakao Q2 2024: Profits nosedive as ArcheAge 2 faces another potential delay

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The second quarter for fiscal year 2024 has ended up being a pretty awful one for Kakao Games. The latest earnings summary confirms that...

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