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Top Mobile Game Publishers Dominate the Market with $27 Billion in H1 Revenue
According to a recent report by Sensor Tower, the top 1% of global mobile game publishers have amassed a staggering $27 billion in revenue during the first half of 2022. These 460 companies were responsible for 93% of total consumer spending during this period, leaving the remaining 7% to be shared among other publishers, which amounted to $2 billion. The report highlights that the top 1% of publ…
Sept. 19, 2022, 3:26 p.m.
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Major Leak Hits Grand Theft Auto 6, Rockstar Confirms Security Breach
A substantial leak occurred over the weekend for Rockstar Games, with a GTA forum user sharing 90 video clips of Grand Theft Auto 6 in development. The leak's authenticity was confirmed after YouTube removed the videos due to copyright claims by Take-Two Interactive, Rockstar's parent company. The leaked clips showcased varying stages of completion, from basic character models to more complex sce…
Sept. 19, 2022, 1:43 p.m.
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Xbox to Pursue Further Acquisitions to Stay Ahead in the Market
Microsoft Gaming CEO Phil Spencer has revealed that Xbox will continue to explore merger and acquisition opportunities to maintain its competitive edge. This announcement follows the company's proposed $68.7 billion acquisition of Activision Blizzard, which is currently under review by UK and EU regulators. In an interview with CNBC, Spencer emphasized the highly competitive nature of the gaming …
Sept. 16, 2022, 9:55 p.m.
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EVGA Exits the Graphics Card Market
As initially reported by the YouTube channel Gamers Nexus, EVGA has announced that it will be ceasing production of video cards. The decision was made following a lengthy and troubled partnership with NVIDIA. According to EVGA, the choice to end the partnership was based on principle, rather than financial considerations. The company has no plans to collaborate with rival manufacturers AMD or Int…
Sept. 16, 2022, 8:41 p.m.
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PSVR 2 Incompatible with Original PSVR Games
Sony has announced that the PlayStation VR 2 will not support games designed for the original PlayStation VR. This decision was confirmed by Hideaki Nashino, senior vice president of platform experience at PlayStation, during an interview on the Official PlayStation Podcast. According to Nashino, the reason for this incompatibility lies in the significant technological advancements of the PSVR 2,…
Sept. 16, 2022, 6:29 p.m.
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Twitch Achieves 1.9 Billion Hours of Viewership in August
In August, Twitch surpassed its two-month viewership plateau of 1.7 billion hours, according to the monthly State of the Stream report by StreamElements and Rainmaker.gg. The platform recorded 1.9 billion hours of viewership, nearing the 2 billion-hour mark, a milestone not achieved since January. In contrast, Facebook Gaming experienced a decline in viewership compared to June, with 399 million …
Sept. 16, 2022, 3:47 p.m.
News
iOS 16 Update Disrupts Gameplay in Certain Music Games
The recent iOS 16 update from Apple has introduced a bug that affects the gameplay experience in several music and rhythm games on iPhone devices, as reported by multiple game developers. The issue arose after Apple released the latest software version, which inadvertently disrupted the functionality of a triple-tap gesture used in various rhythm games. Consequently, developers are cautioning pla…
Sept. 16, 2022, 2:47 p.m.
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Can Ubisoft Reform Its Corporate Culture? | Podcast Discussion
The GamesIndustry.biz team convenes to delve into the most significant developments in the video game industry. This episode puts Ubisoft under the microscope, beginning with an in-depth interview with its CEO, Yves Guillemot. Following the tumultuous wave of abuse allegations in 2020, the question remains whether Ubisoft is taking sufficient measures to rectify its internal issues. The team also…
Sept. 16, 2022, 12:16 p.m.
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Ruckus Games Secures $5.5 Million in Funding
Ruckus Games has successfully raised $5.5 million in seed funding, which will be utilized to drive the development of its debut cross-platform cooperative game. Established last year by a team of seasoned developers from Gearbox Software and Riot Games, the studio is headed by CEO and game director Paul Sage, who previously served as the creative director for Borderlands 3. Other key founders i…
Sept. 16, 2022, 11:04 a.m.
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Sega Rebrands Yakuza Series as Like A Dragon Globally
In a move to unify its branding worldwide, Sega has announced that the Yakuza series will now be known as Like A Dragon outside of Japan, aligning with its original Japanese name, Ryu Ga Gotoku. This change aims to create consistency between the Japanese and international markets, as stated by Sega in a statement to Kotaku, citing the desire to "more closely align with the Japanese name." Histo…
Sept. 16, 2022, 10:12 a.m.