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Sega's FY2025 Revenue Supported by Robust Performance in Entertainment Division
Sega Sammy has released its financial results for the year ending March 31, 2025, revealing an 8.5% decline in net sales and a 16.8% decrease in operating income. However, the entertainment contents segment, which encompasses the company's video games division, saw a significant increase in ordinary income from ¥30.8 billion in 2024 to ¥41.8 billion in 2025. This growth is attributed to the stron…
May 12, 2025, 8:45 p.m.
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Nintendo Consoles May Be Permanently Disabled for Violating User Agreement
Nintendo has updated its Account Agreement and Account Privacy Policy to impose stricter rules on emulation and piracy. The new guidelines, which took effect on May 7, introduce over 100 changes from the previous version. Under the revised US terms, users are prohibited from leasing, renting, sublicensing, publishing, copying, modifying, adapting, translating, reverse engineering, decompiling, or…
May 12, 2025, 6:23 p.m.
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Majority of Overwatch Developers at Activision Blizzard Choose to Form a Union
More than 200 Activision Blizzard developers working on Overwatch 2 have chosen to form a union. The Communications Workers of America (CWA) announced the formation of its newest guild, known as The Overwatch Gamemakers Guild-CWA (OWGG-CWA), which comprises game developers from various disciplines, including design, production, engineering, art, sound, and quality assurance. This decision was mad…
May 12, 2025, 4:49 p.m.
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Giant Bomb Acquired by Its Own Staff from Fandom
In a significant development, Fandom has announced the sale of Giant Bomb, a renowned gaming website and video outlet, to two of its veteran staff members, Jeff Bakalar and Jeff Grubb. The financial details of the transaction have not been disclosed. This move marks a departure from Fandom's earlier announcement regarding a 'strategic reset' for the site, which was prompted by a disagreement over…
May 12, 2025, 9:13 a.m.
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Warner Bros Sees 48% Decline in Gaming Revenue for Q1 2025
Warner Bros has released its financial report for the first quarter of 2025, revealing a significant 48% drop in gaming revenue. The company's Studios segment, which includes gaming, did not provide detailed revenue figures but cited two main reasons for the decline: the underperformance of Suicide Squad: Kill the Justice League and the absence of new game releases during the quarter. Despite thi…
May 12, 2025, 8:52 a.m.
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Alpaka Games Secures $2.2 Million in Seed Funding
Alpaka Games, a Turkish mobile game developer, has successfully raised $2.5 million in a seed funding round, led by Ludus Ventures and accompanied by investments from A16Z Speedrun and Revo Capital. According to reports by Mobidictum, the studio plans to allocate the investment towards augmenting its production capabilities, scaling its gaming portfolio, and strengthening its marketing team. Nota…
May 12, 2025, 7:28 a.m.
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Gamescom Latam 2025 Sees 30% Increase in Attendance with Over 130,000 Visitors
The 2025 Gamescom Latam has shattered its previous attendance records, drawing in excess of 130,000 visitors to São Paulo between April 30 and May 4. As the second iteration of Gamescom Latam, following its inaugural collaboration with the Brazil Indie Games Festival in the previous year, this event has demonstrated a significant 30% increase in attendance from the initial 100,000 visitors. O…
May 9, 2025, 9:27 a.m.
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Sumo Group Undergoes Leadership Shift as Co-Founders Depart
Sumo Group has revealed that its co-founders, including CEO Carl Cavers, COO Paul Porter, and Director of Excellence and Integration Darren Mills, will be leaving the company. The trio, who founded Sumo Digital in 2003 alongside James North-Hearn, have decided it is the right time to step down. Cavers expressed his pride in the company's achievements and confidence in its ability to continue thri…
May 9, 2025, 9:14 a.m.
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US Trade Organization Sounds Alarm on Potential Price Hike for Video Game Consoles Under Proposed Trump Tariffs
A recent report update from the Consumer Technology Association (CTA) indicates that the cost of importing technological products into the US may increase by a range of 24% to 69.4%, with the higher figure specifically anticipated for video game consoles should the Trump administration's tariffs be implemented as proposed. As reported by Tom’s Hardware, the study, conducted by the Trade Partnersh…
May 8, 2025, 7:46 p.m.
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US Court Upholds Microsoft's $68.7 Billion Acquisition of Activision Blizzard
A United States appeals court has rejected the Federal Trade Commission's (FTC) challenge to Microsoft's acquisition of Activision Blizzard, valued at $68.7 billion. According to a report by Bloomberg, the 9th US Circuit Court of Appeals has once again ruled in favor of Microsoft, upholding the decision made by Judge Jacqueline Scott Corley in 2023 to deny the FTC's request to block the acquisiti…
May 8, 2025, 5:38 p.m.