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UK Enacts Legislation Similar to DMA, Possibly Allowing Multiple Game Stores on iOS
Following its passage through the UK Parliament, the Digital Markets, Competition and Consumers Bill may compel tech giants like Apple and Google to open their platforms to alternative app stores, including the Epic Games Store. The bill was approved on the eve of a general election scheduled for July 4. Key provisions of the bill mirror those found in the EU's Digital Markets Act, enacted in Nov…
May 24, 2024, 9:25 a.m.
News
Sony Unveils Conceptual PlayStation Controller in Futuristic Prototyping Project
Sony has released a video showcasing the outcome of an innovative prototyping project, where its teams envisioned potential future products, including a conceptual PlayStation design. The video features a range of futuristic devices, such as see-through smartphones, augmented reality headsets, and a gaming controller with a distinctive ring light. Initially presented at Sony's corporate strategy …
May 23, 2024, 3:22 p.m.
News
Relic Entertainment Secures Investment for Independence
In a strategic move, Relic Entertainment has formed a partnership with Emona Capital, a UK-based investment firm, to solidify its position as an independent entity following its sale by Sega earlier this year. As per reports from Game Developer, this alliance has enabled the studio to secure necessary funding, ensuring its independence through the support of Emona Capital. The investment firm is …
May 23, 2024, 2:52 p.m.
News
Rolling Stone Introduces Dedicated Gaming Platform
Rolling Stone has made a comeback in the gaming media landscape with the launch of Rolling Stone Gaming, a new dedicated section. According to Game Developer, the section will be led by Christopher Cruz, a seasoned gaming editor who previously served as an executive producer for the site's content studio, which included the daily Twitch show Rolling Stone on Twitch. The launch of Rolling Stone Ga…
May 23, 2024, 2:19 p.m.
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Atari Expands Portfolio with Acquisition of Intellivision Brand and Extensive Game Library
In a significant move, Atari has acquired the Intellivision brand, along with a vast library of over 200 games, from Intellivision LLC. While specific details about the acquired games have not been disclosed, Intellivision LLC will continue to work on the Amico games console independently, with Atari granting a license to distribute games on the platform. Initially slated for release in October 2…
May 23, 2024, 12:22 p.m.
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Fragbite Initiates Bankruptcy Proceedings for Fall Damage Studio Seven Months Post-Acquisition
Fragbite Group has announced that it is declaring bankruptcy for its in-house development studio, Fall Damage, due to the studio's inability to find a publisher for its free-to-play multiplayer game, Alara Prime. Despite being in discussions with multiple publishers, Fall Damage was unable to finalize a deal within the required timeframe, resulting in a severe financial strain. The studio's devel…
May 23, 2024, 10:41 a.m.
News
Embracer Group Sees Full-Year Revenue Increase to $3.9 Billion, Despite $1.5 Billion Debt
Embracer Group has released its full-year financial report, showing an overall increase in sales despite a slower fourth quarter. The company's net sales reached SEK 42.2 billion ($3.9 billion) for the full fiscal year, marking a 12% year-over-year increase. However, sales for the three months ending March 31, 2024, were SEK 8.9 billion ($830.9 million), a 5% decrease compared to the same period …
May 23, 2024, 9:30 a.m.
News
Embracer Deputy CEO and CFO Johan Ekström to Depart
Embracer is experiencing a significant shift in leadership as Johan Ekström, the company's deputy CEO and chief financial officer, announces his departure. Ekström will remain with the company until March 31, 2025, to facilitate a seamless transition of his responsibilities, which he will begin handing over prior to his departure. Having joined the company in 2019, Ekström's decision to leave is …
May 23, 2024, 8:25 a.m.
News
Sony Reportedly Developing Mobile Gaming Platform
According to recent reports, Sony is working on establishing a mobile gaming platform focused on free-to-play games. The news emerges from a job posting for a mobile platform architect, which was discovered by tech website TweakTown. The job requirements outline the need for a software engineer to create a platform for the development, publication, and operation of free-to-play mobile games, with…
May 23, 2024, 8:09 a.m.
News
Twitch Viewing Hours Decline to 1.64 Billion in April
According to the latest report from StreamElements, Twitch users spent 1.64 billion hours watching live streams in April. This marks a 7% decrease from the 1.77 billion hours recorded in March, following an update to the previous month's data. Daily viewing hours also experienced a 5% drop, from 57 million to 55 million, continuing a downward trend observed throughout the year. The lack of major …
May 22, 2024, 4 p.m.