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Shift Up, Developer of Stellar Blade, Announces Plans for Initial Public Offering
Shift Up, the studio behind the upcoming game Stellar Blade, has taken steps to become a publicly traded company by filing for an initial public offering on the Korea Stock Exchange. According to reports, the filing, which was submitted on March 5, includes plans to issue over 58 million shares, with 7.25 million of those shares being made available for purchase during the initial public offering…
March 12, 2024, 10:37 a.m.
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Juergen Goeldner Takes the Reins as Interim CEO of Starbreeze
A leadership shift is underway at Starbreeze, as Tobias Sjögren steps down from his role as CEO, with Juergen Goeldner, a board member, assuming the position on an interim basis. The transition is effective immediately, and the company has initiated a search for a permanent CEO. Goeldner brings over 40 years of experience in the gaming industry to the table, having previously served as CEO of Foc…
March 12, 2024, 10:11 a.m.
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Study Reveals Safety Concerns in Gaming Communities Among Youths
According to a new study by Take This, a substantial 54% of teenagers aged 13-17 consider it vital to have a harassment-free experience in online gaming platforms. The findings, based on data compiled by Nielsen from 2,408 gamers, indicate that young adults aged 18-24 feel the least secure in gaming communities. Notably, one in five players within this age group has decreased their gaming expendi…
March 11, 2024, 6:58 p.m.
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Get Ready for MultiVersus on May 28
Warner Bros. Games is set to officially launch MultiVersus on May 28. Developed by Player First Games, this free-to-play platform fighter boasts a diverse cast of characters, including Garnet from Steven Universe, Harley Quinn, and Lebron James. The game will feature a new player-versus-environment mode, along with more fighters and stages. This launch comes a year after the game initially went o…
March 11, 2024, 4:02 p.m.
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Apple's Struggle Against EU Regulations Continues | Microcast
The newest GamesIndustry.biz Microcast has been released, featuring Chris Dring and James Batchelor as they delve into the most significant stories in the video game business. This week's discussion centers around Apple's brief attempt to ban Epic Games' developer account, a move that would have prevented Fortnite's return to iOS and hindered the launch of Epic's app store. However, this incident…
March 11, 2024, 3:55 p.m.
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Beck Interactive Partners Launched by Former Loaded Director
Alex Beck, former director of Loaded's gaming division, has established Beck Interactive Partners, a firm dedicated to forging connections between game developers and social media influencers. The company's primary objective is to support emerging game studios and titles in the early stages of development by fostering partnerships that drive interest and engagement leading up to launch. According…
March 11, 2024, noon
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Mario Film Sequel Scheduled for April 2026 Release
Nintendo has confirmed the production of a new animated Mario film, slated for release in the US on April 3, 2026. This sequel to the 2023 smash hit will reunite the original team, including producers Chris Meledandri of Illumination and Shigeru Miyamoto of Nintendo, directors Aaron Horvath and Michael Jelenic, and writer Matthew Fogel. The original Super Mario Bros Movie, released in April last …
March 11, 2024, 9:56 a.m.
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Deviation Games Shuts Down After Cancelled PlayStation Project
Deviation Games, a AAA game developer, has announced its closure. Founded in 2020 by industry veterans Jason Blundell and Dave Anthony, the studio had rapidly expanded to over 100 employees by 2021. It had also secured a partnership with PlayStation to develop an original IP. However, the project encountered difficulties, leading to Blundell's departure in 2022 and significant layoffs in May last…
March 9, 2024, 9:17 a.m.
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Over 600 Activision QA Staff Join Union Ranks
In a significant development, a substantial group of Activision QA workers has opted to unionize. The Communication Workers of America has announced that Microsoft has chosen to voluntarily recognize a union for workers at Activision Central Quality Assurance, marking a notable milestone. This move will see approximately 600 employees across California, Texas, and Minnesota being represented by t…
March 9, 2024, 1:48 a.m.
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Warner Bros. to Discontinue Adult Swim Games Portfolio
Warner Bros. Discovery has initiated the process of delisting titles from its Adult Swim Games label across various digital platforms. According to a report by Polygon, developers such as Michael Molinari, the creator of Soundodger+, have been informed that their games will be retired. Molinari was told that his title would be removed from Steam within a 60-day period. Despite his efforts to tran…
March 8, 2024, 9:39 p.m.