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Veteran Assassin's Creed Director Takes Helm of FunPlus' New Studio in Portugal
FunPlus has established a new development studio, Studio Ellipsis, in Lisbon, Portugal, under the leadership of Alexandre Amancio, formerly a director on the Assassin's Creed series. The studio aims to craft innovative, immersive IPs and expand existing ones through multimedia experiences, including comics, television shows, and films, by leveraging cross-platform game development and transmedia …
Oct. 16, 2024, 7:13 p.m.
News
Ubisoft France Employees Stage Three-Day Walkout Over Remote Work and Compensation
More than 700 employees of Ubisoft France have embarked on a three-day strike, protesting the company's policies on remote work and employee compensation. The strike, which began after Ubisoft's France-based staff were asked to return to the office for at least three days a week, was initiated by the French video game workers union, STJV. According to the union, this new policy was the final st…
Oct. 16, 2024, 5:38 p.m.
News
Live Aware Labs Raises $4.8 Million in Funding to Fuel Growth
Live Aware Labs, a Seattle-based tech firm, has successfully secured $4.8 million in funding through a seed funding round. The investment round was led by Transcend, a venture capital firm, with additional participation from A16z Speedrun, Lifelike Capital, and a group of strategic angel investors. Founded in 2022 by gaming industry veterans Sean Vesce and David Berger, Live Aware Labs offers dev…
Oct. 16, 2024, 2 p.m.
News
Veterans of Edge Magazine Introduce New Gaming Publication, On
A pair of former Edge magazine staff members have unveiled On, a fresh video game publication centered around in-depth, high-quality journalism. Led by creative director Andrew P. Hind, a 20-year veteran of Edge as its art editor, and editor-in-chief Nathan Brown, formerly the editor of the esteemed UK magazine, the project promises to deliver engaging, long-form content. The first issue is now a…
Oct. 16, 2024, 1:56 p.m.
News
XDefiant Executive Producer Dismisses Shutdown Rumors Amidst Ubisoft Challenges
The executive producer of Ubisoft's live-service shooter has rejected claims that the game is shutting down, stating that the team is focused on improving the experience and adding content for seasons three and four. Mark Rubin emphasized that there are no plans to discontinue support after season four, despite rumors suggesting otherwise. He attributed lower player numbers to minimal marketing e…
Oct. 16, 2024, 1:13 p.m.
News
New Report Reveals Decline in In-Game Spending Among Minors to €31
A recent study indicates that the average monthly expenditure by children on in-game extras has dropped to €31, down from €39. This finding is based on a survey conducted by Ipsos for Video Games Europe, which polled 2,772 adults aged 18 and above who are parents or guardians of child gamers. The survey discovered that only a minority of parents, 18%, permit their children to spend money on in-ga…
Oct. 16, 2024, 12:18 p.m.
News
Majority of Americans Engage with Video Games, Reveals Circana
A recent survey by Circana indicates that a significant 71% of US consumers are involved in playing video games, as highlighted in the 2024 Gamer Segmentation Report. The survey, which collected responses from 5,100 individuals between May and June 2024, estimates that there are approximately 236.4 million gamers in the US. Notably, the largest demographic of gamers consists of adults aged 45 and…
Oct. 16, 2024, 10:54 a.m.
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Games Done Quick Exceeds $45,000 in Hurricane Relief Fundraising Efforts
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Oct. 16, 2024, 7:59 a.m.
News
Deftouch Receives Investment to Expand Its Gaming Portfolio
Deftouch, an Indian gaming publisher, has successfully secured funding to enhance its portfolio, create new games, and recruit fresh talent. The investment round was jointly led by Krafton, T-accelerate Capital, and Lumikai, with additional support from Visceral Capital and Play Venture. According to CEO Ninad Bhagwat, the company enjoys exploring innovative concepts, including experimenting with…
Oct. 15, 2024, 8:12 p.m.
News
Bandai Namco Announces Workforce Reduction Following Cancellation of Multiple Game Titles
Bandai Namco has reportedly initiated a workforce reduction. According to a Bloomberg report, this move comes after the cancellation of several game titles due to underwhelming demand. Although GamesIndustry.biz has reached out for a statement, no response has been received yet. Sources close to the matter have revealed that the company is adopting a traditional Japanese approach to staff r…
Oct. 15, 2024, 7:29 p.m.