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Splash Damage Announces Potential Job Cuts Affecting a Limited Number of Positions
Splash Damage has become the latest game development studio to announce possible layoffs, with employees being notified of their status. The exact number of individuals who may be affected remains unclear, but according to a statement provided to GamesIndustry.biz, the studio emphasizes that the impact will be limited to a small subset of roles. The news of potential job cuts initially surfaced w…
July 11, 2024, 11:52 a.m.
News
Gamescom Asia 2024 Lineup Announced, Featuring Capcom and Shawn Layden
Gamescom Asia's organizers have unveiled the first set of participants for this year's event, which includes renowned industry figure Shawn Layden and the highly anticipated return of gaming giant Capcom. The exhibition will take place at the Suntec Centre in Singapore from October 17 to 20. As the first major publisher confirmed to attend, Capcom is expected to showcase its most eagerly awaited …
July 11, 2024, 10:16 a.m.
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Develop Star Awards Announces Winners with Baldur's Gate 3 and Alan Wake 2 Taking Top Honors
The latest Develop Star Awards ceremony has added to the trophy collections of Larian Studios and Remedy Entertainment. Held at the Brighton Dome during the Develop Brighton conference, the event recognized excellence in the gaming industry. Notably, Alan Wake 2 and Baldur's Gate 3 were the only titles to receive multiple awards. Baldur's Gate 3 took home the prestigious Best Game award and Best …
July 11, 2024, 9:20 a.m.
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Shift Up Secures $320 Million in Landmark IPO
Shift Up, the renowned developer of the highly anticipated PlayStation 5 exclusive Stellar Blade, has announced the successful completion of its initial public offering, raising a substantial 435 billion won, equivalent to $320 million. According to Bloomberg, this marks the largest gaming IPO in South Korea in over two years, surpassing the $50 million threshold, and follows in the footsteps of …
July 11, 2024, 9:09 a.m.
News
Microsoft Withdraws from OpenAI Board
Microsoft has given up its non-voting observer position on OpenAI's governing board. According to reports, Keith Dolliver, Microsoft's deputy general counsel, notified OpenAI earlier this week, stating that the company no longer sees the need to maintain its observer role due to OpenAI's substantial progress. This development comes after Microsoft initially took on the non-voting role in November…
July 10, 2024, 8:12 p.m.
News
Developer of Rogue Company Removes All Content Related to Dr Disrespect
The free-to-play game Rogue Company has cut ties with popular streamer Guy 'Dr Disrespect' Beahm. Despite not having received any updates in over a year, the game's developer, First Watch Games, has taken down all Dr Disrespect-related content following allegations that Beahm engaged in 'inappropriate' conversations with a minor. The removed content includes a $40 bundle featuring a map and a Dr …
July 10, 2024, 6:58 p.m.
News
Gaming Website The Loadout Closes Down
The UK-based gaming platform The Loadout has ceased operations. Despite the lack of a public statement from parent company Network N Media, former deputy editor Jamie Hore recently confirmed that July 8 marked the team's final day of working on the site. In a statement, Hore expressed his gratitude for being part of the site since its inception and having the opportunity to bid farewell on its …
July 10, 2024, 5:18 p.m.
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Series Entertainment Expands Portfolio with Acquisition of Pixelberry Studios
Series Entertainment, a pioneer in generative AI-powered game development, has announced the acquisition of Pixelberry, a renowned mobile game studio behind the popular interactive fiction game, Choices: Stories You Play. This strategic move is part of Series Entertainment's plan to diversify its portfolio by leveraging its cutting-edge Rho Engine technology. The Rho Engine is the world's first A…
July 10, 2024, 4:09 p.m.
News
Felicity Games Secures $700,000 in Pre-Seed Funding
Felicity Games, a prominent Indian mobile game developer and publisher, has successfully raised $700,000 through a pre-seed funding round. Key investors in this round included DeVC and Visceral Capital, as well as notable angel investors such as Manish Agarwal, former CEO of Nazara Technologies, Sameer Pittalwala, head of gaming APAC for Google Cloud, Kunal Shah, Sriharsha Majety, and Nandan Redd…
July 10, 2024, 10:41 a.m.
News
Sony Music, Aniplex, and Pocketpair Launch Palworld Entertainment Venture
A new joint venture, Palworld Entertainment, has been established by Sony Music Entertainment, Aniplex, and Pocketpair, the developer behind Palworld. This partnership was announced via social media, highlighting the joint venture's goal of advancing Palworld's global presence. According to Siliconera, Palworld Entertainment will prioritize expanding the Palworld IP, including exploring licensing…
July 10, 2024, 9:14 a.m.