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Absurd Ventures Unveils New Studio with Former Ascendant Studios Team
Absurd Ventures has officially launched Absurd Marin, a newly formed studio comprising the core team from Ascendant Studios. The San Rafael, California-based developer will be helmed by Bret Robbins, founder and game director of Ascendant Studios. According to a studio spokesperson, the team consists of approximately 20 developers who worked on Immortals of Aveum and will continue to expand as th…
Sept. 13, 2024, 1 p.m.
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Embracer Group to Retain 4A Games and Zen Studios After Saber Sale
Following the sale of Saber Interactive, Embracer Group has announced that it will continue to own and operate Metro developer 4A Games and Pinball FX creator Zen Studios. The sale, which was finalized in March for $247 million, saw Saber Interactive change hands to Beacon Interactive, a company founded by Saber co-founder Matthew Karch. Initially, Beacon had the option to purchase 4A Games and Z…
Sept. 13, 2024, 11:39 a.m.
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Suda51 Criticizes Overemphasis on Metacritic Scores
Veteran game developer Goichi 'Suda51' Suda expressed his opinion that the gaming industry prioritizes Metacritic scores too heavily. In a conversation with GamesIndustry.biz, Suda and fellow industry legend Shinji Mikami discussed the scarcity of unique games, attributing it to the emphasis on review scores. Suda stated, 'The industry's obsession with Metacritic scores has led to a formulaic app…
Sept. 13, 2024, 9:17 a.m.
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Coalition Aims to Boost Latino Presence in the Gaming Industry
The Latino Representation in Gaming Coalition (LRGC) has been established through a partnership of several US Latino-serving organizations. The coalition highlights that 72% of US Hispanics aged 13 and above identify as gamers, with Latinos being 32% more likely to consider gaming their primary source of entertainment. Consequently, the industry is urged to acknowledge and respect the influence o…
Sept. 12, 2024, 8:24 p.m.
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Campfire Secures $3.95 Million in Funding for AI-Powered Gaming Engine, Sprites
Campfire has successfully raised $3.95 million in funding to support its innovative generative AI engine, known as Sprites. The seed funding round was backed by prominent investors, including Y Combinator, FundersClub, Mercury founder Immad Akhund, gaming entrepreneur Juha Paananen, and Uken Games founder Chris Ye, as reported by Venturebeat. To demonstrate the capabilities of its technology, Cam…
Sept. 12, 2024, 8:02 p.m.
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Drama Studios Secures $2.5 Million in Seed Funding to Boost Development
Drama Studios, a French game development company, has revealed a significant $2.5 million seed series investment round, with the primary goal of augmenting its core development team and driving its game, Unrecord, towards a polished demo stage. The studio's Unrecord gameplay trailer, which boasts hyper-realistic graphics, garnered substantial attention last year, accumulating over 11 million view…
Sept. 12, 2024, 6:33 p.m.
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Unity Abolishes Runtime Fee
Following extensive discussions with its community, customers, and partners, Unity has decided to scrap its runtime fee. The move comes after the company faced significant backlash when it announced the fee last September, which would have been applied to every Unity game installation once certain revenue and installation thresholds were met. Unity had initially exempted games built on a Unity Pe…
Sept. 12, 2024, 4:26 p.m.
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Steam Enhances Parental Controls with New Family Features
Valve has introduced its revamped Steam Families feature, offering a comprehensive set of parental controls and tools for managing family gaming experiences. This new feature combines and expands upon the existing Steam Family Sharing and Steam Family View, streamlining settings and providing a more unified experience. All existing settings and developer configurations for eligible games will b…
Sept. 12, 2024, 1:19 p.m.
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Microsoft Announces Additional Layoffs in Gaming Sector
Microsoft has revealed plans to lay off an additional 650 employees within its gaming division. According to a memo from Xbox leader Phil Spencer, the layoffs will primarily affect corporate and support functions. Spencer emphasized that no game titles, devices, or experiences are being discontinued, and no studios are facing closure. The rationale behind this decision is to align the company's t…
Sept. 12, 2024, 11:07 a.m.
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Major Gaming Companies Face EU Complaint for Deceptive Practices
The European Consumer Organisation (BEUC) has filed a complaint against seven prominent gaming companies, including Epic Games, Electronic Arts, and Roblox, alleging they use misleading tactics to encourage consumers to spend money. The complaint, submitted to the European Commission and the European Network of Consumer Authorities, also targets Activision Blizzard, Mojang Studios, Supercell, and…
Sept. 12, 2024, 10:27 a.m.