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Twitch Viewing Hours Remain Steady in 2024 with 18.9 Billion Hours
Twitch has seen a stable year-over-year watch time, with 18.9 billion hours viewed in 2024, compared to 18.5 billion in the previous year. According to StreamElements' State of the Stream 2024 report, which utilized data from Rainmaker.gg, the lack of growth may be attributed to creators shifting to other platforms or adopting multistreaming to expand their audience. The daily hours watched in Q4…
Dec. 19, 2024, 9:01 p.m.
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Australia's Gaming Industry Sees Steady Employment with $211.9m Revenue in 2024
In 2024, the Australian video game sector achieved a revenue of $339.1m AUD, equivalent to $211.9m USD. Despite global challenges in game development, the industry maintained steady full-time employment with 2,465 developers, and 61% of studios plan to recruit new talent in the coming year. Moreover, 81% of respondents expect their studio's workforce to remain stable or grow in 2025. The Interact…
Dec. 19, 2024, 7:37 p.m.
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Moon Beast Productions Raises $4.5 Million in Seed Funding
Moon Beast Productions has successfully raised $4.5 million in seed funding. The independent game development studio, co-founded by Phil Shenk, Peter Hu, and Erich Schaefer, received support from a group of prominent angel investors, including Gaingels, Cohh Carnage, and Mark Pincus, with 1AM Gaming leading the round. Other investors, such as 1UP Ventures, The Mini Fund, Overwolf, and Versus Vent…
Dec. 19, 2024, 7:04 p.m.
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Activision Replaces Call of Duty: Black Ops 6 Voice Actors Amid Ongoing SAG-AFTRA Strike
Amidst the SAG-AFTRA strike, Activision has confirmed the recasting of certain voice actors in Call of Duty: Black Ops 6. The change was noticed by players who observed that characters William Peck and Samantha Maxis sounded different. Voice actor Zeke Alton, who originally played Peck in the Zombies mode, acknowledged that his performance had been replaced and that he had been removed from the g…
Dec. 19, 2024, 5:49 p.m.
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Fueling Growth in the Gaming Ecosystem: The Rise of Nitro-Powered Opportunities
The relationship between gamers and their favorite titles extends far beyond the game itself, with a vast ecosystem of resources and creator content supporting the world's most successful live-serviced games. This ecosystem has been growing for decades and is increasingly fueling the journey of games into the mainstream of popular culture. Companies like Nitro are now injecting momentum into this…
Dec. 19, 2024, 4:39 p.m.
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Lead Singer of Crush 40 Sues Sega of America Over Copyright Infringement
A lawsuit has been filed against Sega of America by Johnny Gioeli, a key contributor to the company's music library as the lead singer of Crush 40. The dispute centers around the song 'Live & Learn', which served as the main theme for the 2001 Dreamcast game Sonic Adventure 2. According to reports, Gioeli claims he independently composed, recorded, and produced the song, and is now seeking damage…
Dec. 19, 2024, 12:40 p.m.
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11 Bit Studios Announces Layoffs and Cancellation of Console Game Project 8
Developer of Frostpunk, 11 Bit Studios, has made the decision to cancel its console-focused title, Project 8, which has been in development since 2018. This move has resulted in a number of staff members being let go. By September 2024, a team of 37 had been working on the project, with estimated development costs reaching PLN 48.4 million ($11.8 million). However, following a recent review, the …
Dec. 19, 2024, 11:43 a.m.
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Sony to Acquire Majority Stake in Kadokawa Corporation, Parent Company of FromSoftware
In a significant move, Sony is set to become the largest shareholder of Kadokawa Corporation, the parent company of renowned game developer FromSoftware. This development comes as a result of a strategic capital and business alliance agreement, under which Sony will purchase over 12 million new shares in Kadokawa on January 7, 2025, for approximately ¥50 billion ($318 million). When combined with…
Dec. 19, 2024, 10:01 a.m.
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The Game Awards Sees 31% Increase in Live-Stream Viewership
According to the latest figures, The Game Awards 2024 garnered approximately 154 million global live streams, marking a significant 31% increase from the 118 million live streams recorded in 2023. This data encompasses viewership across multiple platforms, including YouTube, Twitch, Steam, TikTok Live, X, Instagram Live, and Facebook. Notably, the event attracted over four million peak concurrent…
Dec. 18, 2024, 6:33 p.m.
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US Sees EA Sports College Football as Best-Selling Sports Game of All Time
According to the latest Circana report, Electronic Arts' college football game has achieved the highest dollar sales in US history for a sports video game. The game, EA Sports College Football 25, also ranks among the top 50 best-selling games of all time in terms of dollar sales and is currently the best-selling game of the year in the US. Price promotions have driven the game back into the top …
Dec. 18, 2024, 3:08 p.m.