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CD Projekt Sees Profits Soar by Almost 90% Following Cyberpunk 2077: Phantom Liberty Success
CD Projekt has reported a substantial surge in sales and profits for the first half of 2024, as indicated by its latest financial reports. The company's sales saw a 30.7% increase from PLN 324.2 million ($84 million) to PLN 424.8 million ($109 million) compared to the same period last year. Meanwhile, its net profit rose to PLN 170 million ($43 million), marking an 88.7% year-on-year increase fro…
Aug. 29, 2024, 9:23 a.m.
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Take This Mental Health Charity Faces Imminent Closure
The Take This mental health charity is on the verge of shutting down, according to a statement from clinical director Raffael Boccamazzo. In a recent blog post, Boccamazzo revealed that the charity, which focuses on the gaming community, must raise $80,000 by the end of September to avoid ceasing operations by the end of 2024. Earlier this year, executive director Eve Crevoshay disclosed the char…
Aug. 29, 2024, 8:31 a.m.
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Spiders Studio Workers Plan Strike Amid Allegations of Mismanagement
Original story, August 27, 2025: Employees at the French game development studio Spiders have announced plans for a strike, citing years of alleged mismanagement and poor working conditions. A letter signed by 44 out of 95 staff members details issues including low wages, lack of transparency, and a significant gender pay gap. The strike, set to take place on September 2 and 3, follows a failed m…
Aug. 29, 2024, 7:59 a.m.
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Bandai Namco Abandons Blue Protocol Launch in Western Markets
Bandai Namco has revealed plans to discontinue Japanese server operations for Blue Protocol by January 2025 and has canceled its planned release in Western territories. According to a post on the game's official website, the collaboration with Amazon Games to publish the title in the Americas and Europe has been terminated. In a statement, Bandai Namco conveyed its regret, stating that despit…
Aug. 28, 2024, 1:50 p.m.
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Former Employees Accuse Xsolla CEO of Financial Mismanagement
An investigation by Bloomberg has uncovered allegations that Xsolla's founder, Aleksandr Agapitov, transferred over $100 million from company accounts to his personal accounts between 2021 and 2023. This claim has been dismissed by both Agapitov and Xsolla president David Stelzer. The allegations surfaced from lawsuits filed by six former executives who claim they were wrongfully terminated after…
Aug. 28, 2024, 12:53 p.m.
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Discover the Complete Lineup for the GamesIndustry.biz HR Summit 2024
With just three weeks to go, the GamesIndustry.biz HR Summit is approaching, and we're excited to share the full agenda for the event. For those unfamiliar, the HR Summit is a day-long conference featuring discussions and breakout sessions focused on crucial HR, leadership, and talent-related issues, culminating in the 2024 Best Places To Work Awards at the prestigious Royal Institution in London…
Aug. 28, 2024, 11:21 a.m.
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Reflecting on Gamescom and Forecasting Star Wars Outlaws Sales | GI Microcast
The latest installment of the GI Microcast has been released, offering a brief look at our Gamescom experience from the previous week. This week's main discussion focuses on our key Gamescom takeaways and their significance for the industry. In our 'What Do The Numbers Mean?' segment, Chris analyzes the highly anticipated Star Wars Outlaws and provides his sales predictions. You can listen …
Aug. 28, 2024, 10:32 a.m.
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Sony Announces Price Hike for PS5 Consoles and Accessories in Japan
Sony has announced a price increase for the PlayStation 5 console and its accessories in Japan, citing the current state of the global economy. The changes will take effect on September 2, as outlined on the PlayStation blog. The standard PS5 console will now be priced at ¥79,980, representing a $90 increase from the previous price of ¥66,980. The digital edition will also see a $90 price hike, f…
Aug. 28, 2024, 9:45 a.m.
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Foamstars Makes the Switch to Free-to-Play
In a recent announcement, Square Enix revealed that its team-based shooter, Foamstars, will be transitioning to a free-to-play model. As outlined on the company's support website, this change will take effect on October 4, 2024, marking a shift away from the game's current pricing structure. From this date forward, players will not need an active PlayStation Plus subscription to access the ga…
Aug. 28, 2024, 8:59 a.m.
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Raven Software Workers' Union Files Grievance Against Studio and Parent Companies
Organized laborers at Raven Software, based in Wisconsin, have lodged a formal complaint with the National Labor Relations Board against their employer and its parent entities, Activision and Microsoft, citing an alleged unwillingness to participate in bargaining discussions. The complaint, filed last Friday, asserts that the companies are guilty of 'Refusal to Bargain/Bad Faith Bargaining', amon…
Aug. 28, 2024, 8:54 a.m.