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Acclaimed Composer Ryo Nagamatsu Departs Nintendo
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May 2, 2023, 9:54 a.m.
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Monolith Soft Boosts Employee Salaries
Monolith Soft, the renowned Japanese game developer behind the Xenoblade Chronicles series and a key contributor to the Zelda franchise, has announced a wage increase for all employees and new recruits. This move, which took effect in April 2023, supplements the company's regular salary reviews. Although specific details on the extent of the raises are not provided, the company states that the ad…
May 2, 2023, 9:10 a.m.
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Vampire Survivors Animated Series in the Works
Vampire Survivors is the latest video game to be adapted into an animated television series. Poncle has teamed up with Story Kitchen, a production company led by Dmitri Johnson, Derek Kolstad, and Mike Goldberg. Notably, Johnson has co-produced the Sonic the Hedgehog film franchise, while Kolstad is the mastermind behind the John Wick series. According to Poncle founder Luca Galante, "The narrati…
May 1, 2023, 9:13 p.m.
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Global Box Office: Super Mario Bros. Movie Reaches $1 Billion Milestone
The Super Mario Bros. Movie has surpassed $1 billion in global ticket sales. According to Variety, this film is the first release of 2023 to accomplish this feat. It has reached the $1 billion threshold roughly a month after its theatrical debut, with North America contributing an estimated $487.5 million and international markets generating approximately $533 million. By joining the billion-d…
May 1, 2023, 7:49 p.m.
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Engagement Concerns Arise with Meta Quest Headsets
Meta is facing challenges with user engagement on its Meta Quest headsets, according to recent reports. A Washington Post article highlighting morale issues within the organization cited sources stating that new Quest owners tend to stop using the devices after a short period. Furthermore, users are opting for third-party VR applications over Meta's own Horizon Worlds app. A former employee…
May 1, 2023, 7 p.m.
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Phoenix Labs Reduces Workforce
Phoenix Labs recently underwent a restructuring process, confirming to GamesIndustry.biz that it has laid off a number of employees. According to a company representative, "As part of our ongoing evaluation of development projects, we have decided to concentrate on a smaller number of initiatives that align with our goals for success and long-term viability." This strategic shift is intended to…
May 1, 2023, 5:24 p.m.
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Ukraine Gives Green Light to Microsoft's Acquisition of Activision Blizzard
Microsoft's $68.7 billion bid to acquire Activision Blizzard has received approval from Ukraine, adding the country to the growing list of nations that have given the deal the go-ahead. The Antimonopoly Committee of Ukraine announced its decision, stating that Microsoft and Activision Blizzard do not engage in cloud gaming services within the country, rendering the European Commission's concerns …
April 28, 2023, 9 p.m.
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Cygames Expands Global Reach with New US and UK Offices
Cygames is extending its global footprint with the launch of Cygames America and Cygames Europe, bolstering its presence in the Western market. The US office is situated in Los Angeles, while the European office is based in London. As part of its strategic expansion, Cygames aims to strengthen its marketing and promotional efforts in North America and Europe, which collectively comprise approxima…
April 28, 2023, 8:26 p.m.
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MegaMan Battle Network Collections Surpass 1 Million Units Sold
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April 28, 2023, 7:54 p.m.
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Astragon Entertainment Acquires Independent Arts
Astragon Entertainment, a subsidiary of Team 17, has announced the acquisition of Independent Arts Software, a renowned German game development studio established in 1990. Independent Arts has a rich history of co-developing notable titles such as Fox n Forests, Horse Farm, and Rail World, in addition to its expertise in game porting. This strategic acquisition enables Astragon to expand its cata…
April 28, 2023, 4:39 p.m.