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Nintendo Sees $6.2 Billion in Profits as It Prepares for a Slower Year
Nintendo has unveiled its latest financial results, revealing a successful year driven by the popularity of The Legend of Zelda: Tears of the Kingdom, Super Mario Bros Wonder, and The Super Mario Bros Movie. For the fiscal year ending March 31, 2024, the company reported a 4.4% increase in net sales to ¥1.7 trillion ($11 billion) and a 7.8% rise in gross profit to ¥954.3 billion ($6.2 billion), d…
May 7, 2024, 9:54 a.m.
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Brazil Introduces Landmark Legislation for the Gaming Sector
Brazil has enacted a groundbreaking law that redefines the video game industry in the country, establishing a framework to ensure its future development and expansion. The legislation was signed into law by President Luiz Inácio Lula da Silva on May 3, following a two-year period of discussions and advocacy efforts by the games trade association Abragames, regional organizations, and local studio…
May 7, 2024, 9:29 a.m.
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Nintendo Reveals Timeline for Next-Gen Console Announcement, Sets Expectations for June's Nintendo Direct
Following a period of speculation, Nintendo has provided an update on its plans for the successor to the Switch, indicating that an official announcement will be made by the end of the current fiscal year. In a statement accompanying the release of its full-year financial results, Nintendo's president, Shuntaro Furukawa, confirmed that the reveal of the next console will take place by March 31, 2…
May 7, 2024, 8:54 a.m.
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Remedy Scraps Kestrel Multiplayer Project to Prioritize Established Franchises
Remedy Entertainment has revealed that it is canceling its codenamed Kestrel multiplayer project to concentrate on its established franchises. The decision was made to allocate resources more effectively and drive progress on other games in development. Initially announced in November 2023, Kestrel was intended to be a premium multiplayer experience, with Tencent on board as a co-funding and co-p…
May 7, 2024, 8:49 a.m.
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Palestinian Relief Bundle Generates $578,517 in Donations
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May 6, 2024, 3:08 p.m.
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Sony Reverses Decision on Helldivers 2 PSN Login Requirement
Sony recently faced backlash from the Helldivers 2 community when it announced that players would need to link their PlayStation Network account to continue playing the game on PC. The decision was met with intense review bombing on Steam, particularly from players in countries where the PlayStation Network is not available. The game was subsequently pulled from sale in 177 countries. In response…
May 6, 2024, 2:39 p.m.
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Hannah Potter Joins GamesIndustry.biz as Senior Account Manager
GamesIndustry.biz is pleased to announce the appointment of Hannah Potter as its new senior account manager, enhancing the site's commercial capabilities. Potter brings a wealth of experience, having previously served as an account manager at Gamer Network, the parent company of GamesIndustry.biz, where she contributed to the success of prominent events like EGX and MCM Comic Con. Following sever…
May 3, 2024, 11:05 a.m.
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Nintendo Takes Action Against Thousands of Yuzu Emulator Repositories
Nintendo has filed a DMCA takedown notice targeting over 8,500 GitHub repositories containing Yuzu emulator code for the Switch console. According to the notice submitted to GitHub, these repositories allegedly "provide access to the Yuzu emulator or code derived from it", which Nintendo asserts violates its technological protection measures by enabling the playback of unauthorized Switch game co…
May 3, 2024, 10:54 a.m.
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Over 400,000 Copies of Gray Zone Warfare Sold Within 48 Hours
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May 3, 2024, 10:23 a.m.
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Google Challenges Epic's Proposed Reforms to Play Store Policies
Google has formally expressed its opposition to Epic Games' recent request for the court to implement various changes to the Google Play store's policies and payment system. The move comes after Epic filed an injunction last month seeking to allow third-party app stores on Google Play for six years and enable users to transfer their app libraries. Google's filing, as reported by Reuters, outlines…
May 3, 2024, 9:42 a.m.