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The Deplorable Decline of Gaming | This Week in Business
This Week in Business is our weekly column that recaps the latest news and trends in the gaming industry, presented with a mix of facts, quotes, and opinion. In this edition, we discuss the UK government's response to a petition from Stop Killing Games, a grassroots campaign that aims to preserve games for future generations by requiring publishers to maintain a game's functionality even after su…
May 17, 2024, 3:09 p.m.
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Take-Two Rules Out Grand Theft Auto 6 Release in Current Fiscal Year
Take-Two has released its financial results for the fourth fiscal quarter, revealing a narrowed release window for Grand Theft Auto 6 and a significant net loss. The company reported a net revenue of $1.40 billion, down 3% year-over-year, and a net loss of $2.9 billion, compared to a $610 million loss in the year-ago quarter. Total net bookings were $1.35 billion, down 3% year-over-year. For the …
May 16, 2024, 8:29 p.m.
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Reviving Timeless Classics: Forever Entertainment's Approach to Game Remakes
Revamping classic games is a complex task that requires careful consideration of how retro titles will be received by modern audiences and function on contemporary consoles. It also entails meticulous attention to detail, including refining dialogue clarity, gameplay balance, and quality-of-life enhancements. However, when remakes become an integral part of a company's business strategy, the proc…
May 16, 2024, 2:01 p.m.
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Owlchemy: Vision Pro Marks a Significant Leap Towards Mainstream VR Adoption
Rumor suggests that Apple's Vision Pro is preparing for international shipment outside of the US, three months after its American launch. Bloomberg reports that the VR headset could be available in several global territories as early as next month, following the firm's Worldwide Developers Conference. The high $3,500 price point has made the Vision Pro a niche product, but global availability cou…
May 16, 2024, 12:57 p.m.
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Lego's Future in Gaming: A New Era with Fortnite
The Lego Group has a long history of success in the video game industry, with a vast catalog of titles that includes licensed classics like Lego Star Wars and more recent games based on the Lego brand, such as Lego 2K Drive. However, the company's strategy is now shifting towards a new key area of focus: Fortnite. Following Kirkbi's $1 billion investment in Epic Games in 2022, the two companies h…
May 15, 2024, 2:11 p.m.
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Reviving the JRPG Golden Age: A Conversation with Studio Camelia's CEO Emma Delage
Studio Camelia, a new game development studio, has launched a Kickstarter campaign for their first title, Alzara Radiant Echoes, a Mediterranean-inspired JRPG featuring acclaimed composer Motoi Sakuraba and artist Yoshiro Ambe. CEO Emma Delage, formerly of Ubisoft, discusses her vision for the studio, the importance of community, and the challenges of securing funding in the gaming industry. With…
May 14, 2024, 2 p.m.
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Newzoo Report: Why the Gaming Market Still Holds Growth Potential
The recent PC and Console Gaming Report 2024 from Newzoo offers valuable insights into the gaming industry's current landscape. While layoffs and studio closures dominate the news, there are reasons to remain optimistic. Newzoo's lead analyst Tom Wijman points to the trend of declining playtime, but notes that a larger share of this smaller market is going towards older games, which has implicati…
May 14, 2024, 1 p.m.
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Revolutionizing Game Publishing: Re-koup's Data-Driven Approach
The popularity of game publishers among gamers can be easily gauged on social media platforms. While some big studios have a devoted fan base, many others are criticized for imposing unwanted live service models or prioritizing profits over player experience. However, publishers play a crucial role in promoting the success and financial health of game developers. With the traditional AAA model fa…
May 14, 2024, 9:27 a.m.
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Assessment Process for the GamesIndustry.biz Best Places To Work Awards
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May 14, 2024, 8:54 a.m.
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Guidelines for Achieving a GamesIndustry.biz Best Places To Work Award
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May 14, 2024, 8:50 a.m.