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Blackbird Interactive Announces Further Staff Reductions
Blackbird Interactive, a Vancouver-based studio, has confirmed to GamesIndustry.biz that it has undergone a second round of staff layoffs within a six-month period. A representative from the studio stated, "Due to unforeseen economic pressures, we were forced to make the difficult decision to part ways with some of our colleagues." The decision is reportedly part of a broader realignment stra…
Feb. 14, 2024, 9:14 p.m.
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Xsolla Undergoes Leadership Restructuring with New Strategy Officer
Xsolla has unveiled a significant shift in its leadership, with Chris Hewish, the company's former president and interim CEO, assuming the position of chief strategy officer. Hewish initially joined Xsolla as president in 2020 and later took on the role of interim CEO in May. His prior experience includes heading the studio for virtual reality developer Survios and Skydance's interactive divisio…
Feb. 14, 2024, 3:38 p.m.
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UK Women-Led Studios Secure £215,000 Funding Boost
Innovate UK has presented five women-led UK studios with a prestigious award, featuring a total grant of £215,000. The funding package comprises business grants and personal allowances, accompanied by 12 months of comprehensive support for the recipient studios. The awardees include Glowfrog Games' Kate Killick, Peanut & Crumb's Jane Gerber, Silver Script Games' Alyx Jones, Dot Dot Fire's Hilary …
Feb. 14, 2024, 12:15 p.m.
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Supercell Sees 4.2% Decline in Revenue to €1.7 Billion in 2023
Supercell has released its financial report for 2023, revealing a 4.2% decline in revenue to €1.7 billion compared to the previous year. According to CEO Ilkka Paananen, this downturn is attributed to a sluggish start in game sales during the first half of 2023, as well as the overall state of the mobile gaming market. However, the company's live games segment experienced growth each quarter, lar…
Feb. 14, 2024, 11 a.m.
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PlayStation Revenue Reaches $9.6 Billion in Holiday Quarter, Despite Expected Hardware Decline
Sony has unveiled its latest financial results, showcasing a significant surge in sales across the entire company and its PlayStation division. However, the company has adjusted its sales forecasts downward for PlayStation, citing an anticipated decline in hardware sales, partly due to the lack of major game releases from its prominent franchises in the upcoming fiscal year. Key highlights for th…
Feb. 14, 2024, 10:55 a.m.
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Sony Confirms Cancellation of Rise of the Ronin Launch in South Korea
In a recent statement to GamesIndustry.biz, Sony confirmed that Team Ninja's upcoming game, Rise of the Ronin, will not be available in South Korea. A spokesperson stated, 'Rise of the Ronin for PlayStation 5 was never officially announced for release in Korea. We can confirm that the title will not be sold or published in South Korea in any form, whether physical or digital.' This development fo…
Feb. 14, 2024, 8:56 a.m.
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Twitch Sees 6% Viewership Increase in January
January brought a notable 6% increase in viewership for Twitch, with a total of 1.9 billion hours watched, as per the monthly State of the Stream report by StreamElements and Rainmaker.gg. This surpasses the 1.8 billion hours watched in the same month last year. Daily hours watched averaged 61.4 million, marking continued growth since September 2023. The newly released survival game Palworld gain…
Feb. 13, 2024, 5:01 p.m.
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Join GamesIndustry.biz for a Night of Networking at GDC 2024
GamesIndustry.biz is collaborating with the Games Industry Gathering to host an exciting social event in San Francisco during the upcoming GDC. The San Francisco 2024 Edition of The Games Industry Social is scheduled to take place on Monday, March 18, from 5pm to 9pm (PT), at a convenient location near the Moscone Center. Admission is complimentary, but attendees must be verified members of t…
Feb. 13, 2024, 4:04 p.m.
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Konami's Momotaro Dentetsu World Regains Top Spot in Japan's Monthly Charts
Following its release in November, Momotaro Dentetsu World: The Earth Spins with Hope has reclaimed the top position in Japan's monthly charts. According to data from Famitsu, the Konami title shifted 153,137 copies in January, having previously ranked third the month before. Super Mario Bros Wonder secured the second spot with 151,569 units sold. Like A Dragon: Infinite Wealth, which launched on…
Feb. 13, 2024, 3:36 p.m.
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Research Reveals 17% of Active Gamers Identify as LGBTQ
A new report from GLAAD, based on a Nielsen survey of 1,452 active PC and console gamers, has found that 17% of respondents identify as LGBTQ. The survey, conducted between June and August of the previous year, also discovered that the proportion of LGBTQ gamers increases among younger demographics, with 23-28% of those under 35 identifying as LGBTQ. In contrast, GLAAD notes that fewer than 2% of…
Feb. 13, 2024, 2 p.m.