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Dead Island 2 Hits 10 Million Player Milestone
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Oct. 28, 2024, 10:28 a.m.
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Netflix Renews Animated Tomb Raider Series for Season 2
The animated series Tomb Raider: The Legend of Lara Croft has been picked up for a second season by Netflix and Legendary Television. Tasha Huo will resume her role as showrunner, writer, and executive producer, with Hayley Atwell reprising her voice role as the iconic Lara Croft. Dmitri M. Johnson and Howard Bliss of DJ2 Entertainment, along with Jacob Robinson, president of Tractor Pants, will …
Oct. 28, 2024, 10:02 a.m.
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Redwood Acquires Majority Share in Indian Streaming Platform Loco with $65 Million Investment
Redwood, a newly established investment firm, has acquired a majority stake in Loco, a prominent Indian games streaming service, with a significant investment of $65 million. According to a report by TechCrunch, this deal is expected to bolster the company's global expansion plans. Loco's founders, Anirudh Pandita and Ashwin Suresh, expressed their appreciation for the investment, stating, "Thi…
Oct. 25, 2024, 2:32 p.m.
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Microsoft CEO's Compensation Sees 63% Increase to $79 Million
The total compensation package for Microsoft's CEO, Satya Nadella, has risen by 63% to $79.1 million for the current fiscal year. According to a regulatory filing, stock awards accounted for $71.2 million of this amount, representing an 81% increase. Nadella's base salary was $2.5 million, with an additional $5.2 million coming from a non-equity incentive plan and $169,791 in other forms of compe…
Oct. 25, 2024, 1:50 p.m.
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September Revenue Charts: EA Sports FC 25 Takes the Lead
EA Sports FC 25 dominated the overall revenue charts for September, securing a top-three spot on all major consoles. NBA 2K25 and Warhammer 40,000: Space Marine 2 trailed closely behind, ranking second and third overall. Following its September 19 Steam launch, Star Wars: Outlaws jumped three places to sixth in the overall rankings. Warhammer 40,000: Space Marine 2 led the PC revenue charts, whil…
Oct. 25, 2024, 12:59 p.m.
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The Original Gangsters Unveils New Identity and Expands Operations
The Original Gangsters, formerly known as 3OGS, has launched its new brand identity and officially opened its latest office in Córdoba, Argentina, marking a significant milestone in its global expansion efforts. This strategic move follows the company's acquisition by OV Entertainment, a UK-based firm, and symbolizes its shift towards international growth. According to the company, its new name r…
Oct. 24, 2024, 8:13 p.m.
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SneakyBox Studio Expands Operations to Poland
SneakyBox, a renowned game development and porting studio, has announced its expansion into the Polish market. Founded in 2012, the company specializes in porting, remastering, and VR/AR development, and views this move as a vital component of its strategy to enhance its European presence. By establishing a new entity in Poland, SneakyBox aims to leverage the country's skilled workforce and top-n…
Oct. 24, 2024, 7:47 p.m.
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Twitch Sees a Surge in Monthly Viewing Hours in September
According to a recent report, Twitch experienced a significant increase in monthly viewing hours in September, reaching 1.653 billion hours. This marks a notable recovery from the 1.568 billion hours watched in June 2024. Although the platform still hasn't reached the 1.902 billion hours watched in January, the data compiled by Rainmaker.gg for StreamElements' State of the Stream summary indicate…
Oct. 24, 2024, 7:29 p.m.
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2K's California-Based Motion Capture Studio Seeks Union Representation
In a recent development, 2K's motion capture studio in Petaluma, California, has initiated the process of forming a union. A spokesperson for 2K stated: "At 2K, our employees are our top priority, and we strive to create a supportive work environment that fosters growth and opportunities. We are aware that the IATSE union is seeking to represent certain employees at our motion capture studio, and…
Oct. 24, 2024, 6:53 p.m.
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Steady Expansion in Global Gaming Industry Mergers and Acquisitions, Reveals Drake Star Report for Q3 2024
The global gaming industry has witnessed a consistent increase in merger and acquisition activities over the past four quarters, with a total of 56 announced deals amounting to $2.5 billion in disclosed transaction value during the period. According to the Drake Star Global Gaming Report for Q3 2024, which provides an in-depth analysis of deal-making within the gaming sector over the last three m…
Oct. 24, 2024, 6:39 p.m.