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OV Entertainment Bolsters Strategic Board with Key Appointments
OV Entertainment has expanded its strategic board with the addition of several key members. The move is part of a broader strategy to "take bold strides in accelerating the growth of its subsidiaries" and "amplify OV Entertainment's capabilities in delivering cutting-edge gaming development and entertainment solutions, while driving innovation and growth across its subsidiaries, including Kokku a…
Jan. 8, 2025, 8:24 p.m.
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Atelico Introduces AI Engine, Eliminating Need for Costly Cloud Solutions
Atelico, a gaming startup studio, has unveiled its innovative AI Engine, designed to empower game developers to create immersive experiences driven by GenAI, all without relying on expensive cloud-based solutions. According to the development team, this engine substantially reduces development costs while offering unparalleled control and flexibility, thanks to its modular architecture. To demons…
Jan. 8, 2025, 7:08 p.m.
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Klemens Kundratitz Steps Down as CEO of Plaion After 31 Years
Klemens Kundratitz, co-founder of Koch Media, now known as Plaion, has announced his decision to step down as CEO after 31 years at the helm. As of April 2025, Kundratitz will transition into a strategic advisory position for Embracer, allowing him to focus on his personal life. Deputy CEO Phil Rogers will succeed Kundratitz, bringing his own vision and leadership to the company. Kundratitz expre…
Jan. 8, 2025, 6:29 p.m.
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Splash Damage Faces Potential Job Losses After Cancelling Transformers: Reactivate
The UK game studio Splash Damage has announced the cancellation of its upcoming online action game, Transformers: Reactivate. This move has put a number of jobs at risk, although the exact figure has not been disclosed. In a statement, the company acknowledged the difficulties of this decision, stating that despite their best efforts, several positions within the studio are now under threat of re…
Jan. 8, 2025, 5:27 p.m.
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Ubisoft+ Classics Now Available on Blacknut Cloud Gaming Platform
Blacknut, a prominent cloud gaming platform, has revealed that it will be integrating Ubisoft+ Classics into its offerings. Ubisoft+ is a subscription-based service provided by the publisher, comprising Classics and Premium tiers. The Classics tier offers subscribers a carefully curated selection of titles from Ubisoft's back catalog, featuring notable games such as Far Cry 5 and Tom Clancy's The…
Jan. 8, 2025, 2:47 p.m.
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Wonder Legends Studios Secures $1 Million in Pre-Seed Funding
Wonder Legends Studio, a Poland-based transmedia developer, has successfully raised $1 million in its pre-seed funding round, led by SMOK Ventures. The studio is currently developing a game prototype and pre-producing an animated series as part of a European co-production scheme. The game has received co-funding from The Creative Industries Development Center, while the series has been co-funded …
Jan. 8, 2025, 2:01 p.m.
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Lenovo Unveils Legion Go S, the First Officially Licensed SteamOS Handheld PC
The newly introduced Lenovo Legion Go S has made history as the first third-party PC handheld device to be officially licensed for use with Valve's SteamOS. According to a recent blog post by Valve, the SteamOS that powers the Steam Deck has undergone updates to provide seamless support for the Legion Go S, a more compact iteration of Lenovo's 2023 Legion Go model. As noted by The Verge, the Stea…
Jan. 8, 2025, 11:38 a.m.
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Jar of Sparks Suspends Debut Game Development in Search of New Publisher
Development on Jar of Sparks' inaugural project has been put on hold as the Seattle-based studio searches for a new publisher. In a LinkedIn statement, CEO Jerry Hook announced that team members will be exploring new opportunities while the studio looks for a partner to bring its creative vision to life. Hook expressed pride in the team's innovative approach, stating that they took bold risks to …
Jan. 8, 2025, 10:36 a.m.
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Tencent Added to US List of Firms with Alleged Ties to Chinese Military
In a recent development, Tencent has responded to the US Department of Defense's decision to add the company to a list of firms allegedly connected to the Chinese military. As of January 8, 2025, Tencent released a statement expressing its intention to initiate a reconsideration process, stating, "Tencent is neither a Chinese military company nor a contributor to the Chinese defense industrial ba…
Jan. 8, 2025, 8:42 a.m.
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Ex-Annapurna Interactive Team Members Form New Company, Acquire Private Division's Portfolio
According to recent reports, a group of former Annapurna Interactive employees have established a new company and acquired the portfolio of independent label Private Division. The acquisition reportedly includes popular franchises such as Kerbal Space Program, which was purchased from Haveli Investments, a private equity firm based in Austin, Texas. Haveli Investments had previously acquired Priv…
Jan. 7, 2025, 9 p.m.