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Krafton Acquires Tango Gameworks: A Deep Dive into Gaming Industry Numbers and Trends | GI Microcast
The newest installment of The GamesIndustry.biz Microcast is ready for download. This episode delves into the latest financial reports from major players like Warner Bros, Bandai Namco, Sega, and Remedy. We also examine the decline in PS5 sales and Sony's current standing, as well as our discussion with Take-Two CEO Strauss Zelnick about the company's recent performance and upcoming lineup. Furth…
Aug. 13, 2024, 12:18 p.m.
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Powerful Pro Baseball Tops Japan's July Charts
In July, Konami's Powerful Pro Baseball 2024-2025 secured the top spot in Japan's sales rankings, achieving a combined total of 260,000 units sold within its first two weeks of release on July 18. Available on both Switch and PS4, this title outperformed its predecessor, eBaseball Powerful Pro Baseball 2022, which had sold a combined 202,000 units, according to the latest data from Famitsu. Luigi…
Aug. 13, 2024, 10:28 a.m.
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FRVR Secures $12.7 Million in Funding to Advance AI-Driven Game Development
FRVR has successfully completed a $12.7 million funding round, with Iberis Capital leading the investment in collaboration with Indico Capital Partners and Lince Capital. According to the company, this substantial investment reflects the confidence of both new and existing investors in FRVR's vision and strategy. The funds will be utilized to further enhance the company's AI-powered game creation…
Aug. 13, 2024, 9:46 a.m.
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Keywords Studios Expands Portfolio with Acquisition of Wushu Studios
Keywords Studios has finalized the acquisition of Wushu Studios, a Liverpool-based game development studio, in a deal whose financial details have not been disclosed. Founded by Alan McDermott in 2017, Wushu Studios specializes in providing work-for-hire services, as well as porting, remastering, and live support services to game publishers and developers. The studio's portfolio includes notable …
Aug. 13, 2024, 8:40 a.m.
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Terminator: Survivors Release Pushed to 2025
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Aug. 12, 2024, 8:52 p.m.
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Veteran Voice Actress Rachael Lillis Passes Away at 55, Leaving a Legacy in Pokémon
Rachael Lillis, the talented voice behind iconic Pokémon characters Jessie, Misty, and Jigglypuff, has passed away at the age of 55. The news was confirmed by her sister, Laurie Orr, who updated a GoFundMe page set up to support Lillis with her medical expenses and memorial service, stating that any additional donations will be directed towards cancer-related initiatives in her name. Lillis' co-s…
Aug. 12, 2024, 8:13 p.m.
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Boss Team Games Collaborates with John Carpenter on Two New Halloween Titles
The publisher of Evil Dead: The Game, Boss Team Games, has joined forces with renowned filmmaker John Carpenter to develop two new horror games based on the Halloween franchise. Carpenter, an avid gamer, will be closely involved in the production process. In collaboration with Compass International Pictures and Future Front, the games will draw inspiration from the 1978 original film, with at lea…
Aug. 12, 2024, 7:16 p.m.
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Global Box Office: Borderlands Movie Earns $16 Million
The Borderlands film garnered $16.5 million in global box office sales during its debut weekend. According to Variety, the production budget was $115 million, with an additional $30 million spent on marketing and distribution. The movie generated $8.8 million at the US box office, representing just 6% of its production costs. International presale tickets covered 60% of the film's production expe…
Aug. 12, 2024, 1:05 p.m.
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Reforged Labs Secures $3.9 Million in Funding
Reforged Labs, a generative AI platform, has successfully raised $3.9 million in a seed funding round, led by the prominent venture capital firm DCM. The company specializes in providing AI-powered tools to game studios for creating video advertisements. With the newly acquired funding, Reforged Labs plans to further enhance its technologies, enabling the company to expand its services to a broad…
Aug. 12, 2024, 9:38 a.m.
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Exploring AI's Role in the Workplace at the GamesIndustry.biz HR Summit
At the upcoming GamesIndustry.biz HR Summit, a renowned AI expert will delve into the benefits and drawbacks of integrating AI tools into workplace operations. The event is scheduled to take place on September 18 at the Royal Institution in London, with tickets available for purchase. Tommy Thompson, an expert from AI in Games, will provide an in-depth examination of generative AI's capabilities …
Aug. 12, 2024, 9 a.m.