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PlatinumGames Takes Ownership of The Wonderful 101 Trademark
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Sept. 23, 2024, 3:03 p.m.
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Annapurna Interactive Staff Departure Linked to Disagreements Over Company Strategy
Following the recent mass departure of Annapurna Interactive's staff, additional information has come to light, with sources revealing to IGN that the team was allegedly unaware of the Remedy deal until its public announcement, leading to feelings of confusion, concern, and frustration regarding the company's direction. It was previously reported that the team's departure resulted from a breakdow…
Sept. 23, 2024, 11:34 a.m.
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Stream the 2024 GamesIndustry.biz UK Best Places To Work Awards Ceremony
The eighth annual GamesIndustry.biz Best Places To Work Awards for the UK can now be streamed online. This prestigious event recognized 26 outstanding game companies for their exceptional employee support. A full list of winners is provided below. The awards ceremony, which took place at the Royal Institution in London, is available to view below. The UK Best Places To Work project is supported b…
Sept. 23, 2024, 10:12 a.m.
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The Unexpected Legal Clash Between Pokémon and Palworld
The latest installment of the GamesIndustry.biz Microcast is now ready for download, providing an in-depth look at the most significant developments in the video game industry. This week's main topic revolves around the legal action initiated by Nintendo and The Pokémon Company against the developer of Palworld, Pocketpair. We delve into the reasons behind this unexpected lawsuit, exploring the p…
Sept. 23, 2024, 9:37 a.m.
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Nerd Street Gamers Secures $6 Million in Latest Funding Round
Nerd Street Gamers has successfully raised $6 million in its recent funding round. According to a report by Esports Insider, the majority of the investment, totaling $5 million, was provided by Konvoy Ventures, a capital firm. The remaining $1 million was contributed by strategic investors. The funds raised will be used to drive the growth of Localhost, the company's chain of LAN gaming centers, …
Sept. 23, 2024, 9:17 a.m.
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Discover Brazil's Thriving Gaming Scene with GamesIndustry.biz's Exclusive Coverage
On Monday, GamesIndustry.biz launches its in-depth examination of Brazil's gaming landscape. Earlier this year, we engaged with trade bodies, developers, and government officials to discuss the opportunities and challenges facing the industry in Latin America's largest country. We also explored the new legal framework with experts, uncovering its potential to unlock fresh investment and growth. O…
Sept. 20, 2024, 2:15 p.m.
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Firewalk Studios Faces Uncertainty as Director Departs
According to recent reports, Ryan Ellis, the director of the game Concord at Firewalk Studios, has relinquished his position, as reported by Kotaku. Sources close to the matter have revealed that Ellis will be transitioning into a support role within the studio, a move that comes after the game's sudden removal from sale merely two weeks post-launch on August 23. A former developer expressed admi…
Sept. 20, 2024, 11:02 a.m.
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Microsoft to Discontinue Xbox Ambassadors Program
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Sept. 20, 2024, 10:05 a.m.
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Unity 6 Set to Launch on October 17
The global launch of Unity 6 is scheduled for October 17, 2024, as announced by the engine provider at the Unite developer conference. This latest version will introduce a range of innovative features, including customizable graphics rendering, enhanced multiplayer development capabilities, and tools designed to optimize games for web browsers, featuring a new WebGPU backend. Additionally, Unity …
Sept. 20, 2024, 9:41 a.m.
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Nazara Secures $108 Million to Drive Expansion Through Strategic Acquisitions
Nazara Technologies has successfully raised $108 million in funding to enhance its capabilities for mergers and acquisitions. Key investors, including SBI Mutual Fund, Junomoneta Finsol, and Think Investments, have contributed to the company's strategic acquisition fund. This investment has already been utilized to increase Nazara's stake in Absolute Sports to 91% by acquiring an additional 19.35…
Sept. 19, 2024, 6:53 p.m.