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Global Gaming Revenue Sees Mobile Contribute $90.4 Billion in 2023
In 2023, mobile gaming accounted for 49% of the global gaming market's total revenue, reaching $90.4 billion, as per the findings of Adjust's latest report. The report, which analyzed data from January 2022 to January 2024, revealed a 6% year-over-year increase in in-app revenue for gaming apps, despite a 2% decline in overall consumer spending to $107 billion. The top-grossing apps included Cand…
June 5, 2024, 11:22 a.m.
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Veteran Game Developer David Polfeldt Establishes New Studio in Barcelona
A newly formed game development studio, led by industry expert David Polfeldt, has been launched in Barcelona. The studio, named Bespoke Pixel, is presently building its core team and has successfully raised $25 million in funding, as reported by GamesBeat. With a 17-year tenure at Ubisoft's Massive Entertainment, where he held multiple leadership roles including managing director from 2008 to 20…
June 5, 2024, 9:31 a.m.
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Kicking Off the Post-E3 Hype Season | Microcast
The latest installment of the GamesIndustry.biz Microcast is ready to stream or download, covering the top news from the past week and previewing the week to come. This episode delves into the series of showcases filling the gap left by E3, starting with PlayStation's recent State of Play. The highlights from Sony's presentation are examined, along with expectations for upcoming events like Summe…
June 5, 2024, 8:46 a.m.
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Up to 95 Job Cuts Announced by Behaviour
Behaviour Interactive has announced plans to reduce its workforce by up to 95 employees, with the majority of these layoffs being in its Montreal office. The decision is part of the company's efforts to implement structural changes and refocus on its core strengths. Over the past five years, the company experienced significant growth, expanding from 575 to 1,300 employees. However, due to increas…
June 4, 2024, 3:22 p.m.
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PSVR 2 PC Adapter Release Date Announced
Sony has confirmed the launch of a PC adapter for the PlayStation VR 2 headset, scheduled for August 7. This adapter will enable PSVR 2 users to access a wide range of VR titles available on Steam, including popular games such as Half-Life: Alyx and Fallout 4 VR. The adapter will be priced at $59.99 / €59.99 / £49.99 and can be purchased from the official PlayStation store and select retailers. T…
June 4, 2024, 12:32 p.m.
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Content Warning Reaches 2.2 Million Sales Milestone
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June 4, 2024, 9:01 a.m.
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Worldwalker Games Enters Dormancy
Developer of Wildermyth, Worldwalker Games, is set to take an indefinite break. In a recent social media post, co-owner Nate Austin announced that the studio has concluded active development on its 2021 RPG and does not plan to release new content. Although the team will provide ongoing support through bug fixes, and a console version is still in development, no further updates are expected. Aust…
June 4, 2024, 8:43 a.m.
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Amazon Prime Video to Debut Live-Action Series Based on Like A Dragon Franchise
The renowned Like A Dragon series from Sega is set to receive a live-action adaptation, with a six-part series scheduled to launch on Amazon Prime Video later this year. According to Variety, the show is being produced by The Fool, with Take Masaharu and Takimoto Kengo at the helm. Takeuchi Ryoma, known for his role in Kamen Rider, has been cast as Kiryu Kazuma, the main protagonist of the games.…
June 4, 2024, 8:17 a.m.
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Avalanche Studios Group Closes Montreal and New York Offices
Avalanche Studios Group has confirmed the closure of its offices in Montreal and New York, impacting 50 employees. The decision, according to the company, is aimed at securing a stable future. In a statement, the developer expressed appreciation for the contributions of the departing staff and pledged continued commitment to delivering exceptional gaming experiences. The Montreal office, which wa…
June 4, 2024, 8:12 a.m.
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David Alpert, Skybound CEO, to Deliver Keynote at Gamescom Latam
Gamescom Latam has announced its first keynote speaker as David Alpert, the CEO of Skybound Entertainment. As the executive producer of The Walking Dead and Invincible, Alpert will engage in a fireside chat with video game investor Jon Goldman on June 28. Their discussion, 'Expansion of IP and Games', will delve into the current state of the gaming industry and the opportunities for video game IP…
June 3, 2024, 1 p.m.