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Valve and Xbox to Headline GI Live: London with Keynotes for Indie Game Developers
In September, Valve and ID@Xbox will be among the first major industry players to present at GI Live: London, offering insights to independent game developers. Valve will participate remotely from Seattle, engaging in a live Q&A session, while Xbox will discuss its ID program on stage. The presentations will occur over two days, September 21st and 22nd, with an additional digital meeting day on S…
Aug. 2, 2022, 7:36 a.m.
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Activision Blizzard's Q2 Results Disappoint Despite Diablo Immortal Launch
Activision Blizzard's second-quarter results were marred by significant declines in revenue, net income, and player base, despite the successful launch of Diablo Immortal in June. The company reported $1.64 billion in revenue, a 28% decrease from the same period last year, with bookings and net income also experiencing substantial drops. The Activision division struggled, with revenue down 38% ye…
Aug. 1, 2022, 9:31 p.m.
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Microsoft's Acquisition of Call of Duty May Sway Future Console Sales, Says Sony
According to a recent report, Sony has expressed concerns that Microsoft's acquisition of Activision Blizzard could impact future console sales. In a response to the Brazilian government, Sony stated that Call of Duty is synonymous with first-person shooter games and has a significant influence on users' console choices. The company noted that the game's massive development team and resources mak…
Aug. 1, 2022, 3:06 p.m.
News
Tomb Raider Film Rights Up for Grabs After MGM Loss
The rights to produce a Tomb Raider film have become available following MGM's failure to initiate production on a sequel. According to TheWrap, MGM had a deadline of May 2022 to approve a new film, but its inaction resulted in the loss of the rights. The rights have reverted to GK Films, which initially acquired them in 2011 from Square Enix and produced the 2018 film based on the 2013 game rebo…
Aug. 1, 2022, 11:27 a.m.
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Sony Aims to Counter Decline with Enhanced PlayStation Plus and Increased PS5 Supply
Sony is pinning its hopes on the revamped PlayStation Plus subscription service and a boost in PS5 console supply to offset a decline in player engagement this year. During its latest earnings call, Sony's CFO Hiroki Totoki stated that total gameplay time among PlayStation users had dropped by 15% year-over-year in the three months ending June 30, 2022. June saw a slight uptick of 3% over May, bu…
Aug. 1, 2022, 10:46 a.m.
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David Polfeldt Joins PlayerUnknown Productions as Senior Advisor
Following his departure from Ubisoft, David Polfeldt has joined PlayerUnknown Productions as a senior advisor. Polfeldt, previously the MD of Ubisoft Massive, was approached by founder Brendan 'PlayerUnknown' Greene after the two met at a recent conference. Greene believed Polfeldt's expertise would be invaluable in helping to establish a positive and productive studio culture. In his new rol…
Aug. 1, 2022, 9:26 a.m.
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Former CD Projekt Red Developers Establish New Game Studio, Dark Passenger
Veterans from CD Projekt Red have unveiled the launch of Dark Passenger, a new game development studio based in Poland. According to a report by Eurogamer, the studio was co-founded by Jakub Ben, previously an assistant director and cinematic artist at CD Projekt Red and more recently the creative director and co-founder of RealTime Warriors, and Marcin Michalski, formerly a senior environment ar…
Aug. 1, 2022, 8:38 a.m.
News
Twitch Viewership Declines as Facebook Gaming Gains Momentum in June
The upward trend in hours watched on Twitch in May appears to have been a one-time occurrence, as the platform resumed its decline in June, according to the monthly State of the Stream report by StreamElements and Rainmaker.gg. In June, Twitch recorded 1.7 billion hours watched, a decrease of approximately 6% from the 1.81 billion hours watched in May. Having started the year with over 2 billio…
July 29, 2022, 6:38 p.m.
News
Steam Deck Delivery Times Shortened by Valve
Valve has revealed that the Steam Deck waitlist will be cleared sooner than anticipated. The company stated, "The supply chain issues impacting Steam Deck production are gradually being resolved, and we are increasing production capacity, enabling us to manufacture more units at a faster rate than ever before." As a result, Valve anticipates fulfilling all outstanding reservations by the end of t…
July 29, 2022, 5:14 p.m.
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Nintendo Switch Production Faces Challenges Due to Supply Chain Disruptions
A crucial manufacturing partner for the Nintendo Switch is experiencing difficulties in obtaining essential components. According to a report by Bloomberg, Hosiden Corp, based in Osaka, has retracted its sales forecast for the fiscal year due to a combination of currency fluctuations and uncertainty surrounding semiconductor procurement. As a result, the company is unable to provide a reliable pr…
July 29, 2022, 2:42 p.m.