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Epic Games Store Sees $1.09 Billion in PC Game Sales for 2024
Epic Games shared its 2024 Year in Review for the Epic Games Store, revealing a significant milestone of 295 million users on the PC platform, marking a 25 million increase from the previous year. The total consumer spending on the platform reached $1.09 billion, representing a 15% growth from 2023. However, spending on third-party games declined by 18% to $255 million. The launch of the Epic Gam…
Feb. 17, 2025, 1:54 p.m.
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Pokémon Company and Niantic Commit $1 Million to Aid LA Wildfire Relief Efforts
In a joint effort to support the relief efforts for the Los Angeles wildfires, The Pokémon Company International and Niantic, the developer of Pokémon Go, have pledged a combined donation of $1 million. The Pokémon Company will donate $500,000 to GlobalGiving's California Wildfire Relief Fund, with Niantic matching this amount with an additional $500,000. The funds will be used to provide grants …
Feb. 17, 2025, 11:21 a.m.
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Staff Reductions Hit 10:10 Games Following Poor Performance
Around 20 employees at 10:10 Games, the development studio behind Funko Fusion, have allegedly been let go due to layoffs. According to reports from Insider Gaming, this decision was made in response to the game's underwhelming commercial and critical reception. Sources indicate that staff members were informed of the cuts in mid-January, after the studio faced difficulties in securing funding fo…
Feb. 17, 2025, 10:30 a.m.
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DICE Awards 2025: Astro Bot and Helldivers 2 Take Top Honors
The 28th DICE Awards saw a major sweep by Team Asobi and Arrowhead Studios, with Astro Bot receiving the Game of the Year award and a total of five accolades, including Family Game of the Year, and recognition for its achievements in animation, technology, and game design. Meanwhile, Helldivers 2 was named Action and Online Game of the Year, and received praise for its music and audio design. Oth…
Feb. 17, 2025, 8:47 a.m.
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Embracer Group Sees 22% Decline in Sales to $1.5 Billion, Remains Optimistic About Q4
Embracer Group has released its financial report for the nine months ending December 31, 2024, revealing a decline in sales across its PC/console and mobile segments. However, the company experienced a net profit during its third quarter following the spin-off of Asmodee. Key highlights include a 22% year-on-year decline in net sales to SEK 16.9 billion ($1.5 billion), with PC/console games down …
Feb. 14, 2025, 2:20 p.m.
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Ubisoft Sees 31.4% Decline in Revenue to €990 Million
Ubisoft has unveiled its financial results for the nine-month period ending December 31, 2024, revealing substantial declines in both revenue and net bookings. Despite this, the company remains upbeat, particularly with the impending launch of Assassin's Creed Shadows, which is tracking solidly in pre-sales, on par with the franchise's second-highest earner, Odyssey. Key highlights for the nine m…
Feb. 14, 2025, 9:18 a.m.
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Labor Unions Denounce Bobby Kotick's Claims of Fabricated Harassment Allegations at Activision Blizzard
The Communication Workers of America (CWA) has vehemently disputed former Activision Blizzard CEO Bobby Kotick's assertions that numerous reports of harassment during his tenure were fabricated. In a statement emailed to RPS, a CWA spokesperson characterized Kotick's comments as both insulting to the workers who reported harassment and unsurprising, given his history. The spokesperson emphasized …
Feb. 13, 2025, 9:30 p.m.
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Stormteller Games Emerges as the New Identity of Thunderful Gothenberg
The formerly known Thunderful Gothenberg studio has undergone a transformation, emerging as Stormteller Games. This change comes after the 2017 merger between Image & Form and Zoink! Games. The rebranding effort seeks to create an identity that accurately represents all team members. The studio's first project under its new name is Lost in Random: The Eternal Die, scheduled for release later this…
Feb. 13, 2025, 8:41 p.m.
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Koei Tecmo Announces Leadership Transition with Hisashi Koinuma as New CEO
Koei Tecmo has appointed Hisashi Koinuma as its new CEO, effective April 1, 2025. Koinuma, currently serving as COO, will also take on the roles of director and president. Meanwhile, co-founder and current CEO Yoichi Erikawa will transition into the position of chairperson of Koei Tecmo Holdings and representative director. Keiko Erikawa, the existing chairperson and representative director, will…
Feb. 13, 2025, 5:37 p.m.
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PS5 Achieves Record-Breaking Sales During Holiday Season, Driving PlayStation Revenue to $11 Billion
Sony has released its financial results for the nine-month period ending December 31, 2024, showcasing significant growth, particularly during the holiday season. The company's Games & Network Services segment experienced substantial revenue increases, with the PS5 having its most successful quarter to date. As a result, Sony has revised its PlayStation sales forecasts upward. Key highlights from…
Feb. 13, 2025, 2:09 p.m.