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Netflix Adjusts BioShock Film Budget to Create a More Intimate Story
Netflix has reduced the budget for its upcoming BioShock film adaptation, shifting the focus towards a more character-driven narrative. According to Variety, this development was revealed during a Thursday panel at San Diego Comic-Con, where producer Roy Lee stated that the project is being reworked following a change in Netflix's leadership. The streaming giant recently appointed Dan Lin as its …
July 26, 2024, 1:05 p.m.
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Elden Ring Secures a Spot in June's Top Five Revenue Charts
Following the launch of its Shadow of the Erdtree expansion, Elden Ring has seen a significant surge, rising 18 positions to claim the third spot in Newzoo's overall revenue rankings for June. Additionally, the game has entered the top 20 of the monthly active user engagement charts at number 13, marking a substantial leap from its previous 27th position in May. Fortnite and EA Sports FC 24 retai…
July 26, 2024, 12:55 p.m.
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Paradox Interactive Sees 90% Profit Decline Following Life By You Cancellation
Paradox Interactive has experienced a substantial 90% decline in profits, primarily due to the cancellation of Life By You. The company's second-quarter financial report, released on Thursday, revealed a significant drop in profits to $2.6 million, compared to $27.1 million in the same period last year. The write-down of Life By You's development costs, amounting to $19.2 million, was a major fac…
July 26, 2024, 9:55 a.m.
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Fortnite Removed from Mobile App Stores as Epic Prepares to Launch Its Own Store
In anticipation of its digital store launch, Epic Games has begun removing Fortnite and other games from mobile app stores on iOS and Android. The company announced it is ending partnerships with stores that do not fairly serve all developers. Epic cited concerns over side-loading restrictions on Samsung devices as a reason for pulling its games from the Samsung Galaxy store. Additionally, the co…
July 26, 2024, 8:56 a.m.
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Addressing the Skills Shortage at the GamesIndustry.biz HR Summit
The lineup of speakers for the GamesIndustry.biz HR Summit this September has been expanded, featuring discussions on the skills shortage and nurturing young talent. Scheduled to take place on September 18 at the Royal Institution in London, tickets for the event can be purchased here. Gina Jackson, founder of Skillfull, will provide an update on her report on the skills crisis during the e…
July 26, 2024, 8:38 a.m.
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PSVR 2 Application Set to Launch on Steam on August 6
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July 26, 2024, 8:09 a.m.
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SAG-AFTRA Announces Video Game Strike Set to Begin Tomorrow
The Screen Actors Guild - American Federation of Television and Radio Artists has initiated a strike, commencing at 12:01 am tomorrow, July 26. This move comes after the SAG-AFTRA National Board granted its chief negotiator the authority to call an immediate strike in a bid to protect voice actors fighting for job security amidst the increasing use of generative AI by studios. National executive …
July 25, 2024, 7:52 p.m.
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Xsolla Welcomes Cathleen Nilson as New Chief Financial Officer
Cathleen Nilson has taken on the role of chief financial officer at Xsolla, a leading game commerce company. Nilson brings a wealth of experience, having previously worked at prominent technology and gaming firms such as Samsung, Turing, and Electronic Arts. Most recently, she served at Kami Vision, a software-as-a-service AI company. As CFO, Nilson joins Xsolla's leadership team, which includes …
July 25, 2024, 6:55 p.m.
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Armored Core 6 Fires of Rubicon Surpasses 3 Million Sales Milestone
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July 25, 2024, 6:36 p.m.
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Germany's Gaming Market Sees 6% Uptick to €10 Billion in 2023
In 2023, Germany's gaming market experienced a 6% growth, reaching €10 billion, with mobile gaming revenue nearly doubling to €2.9 billion from €1.5 billion in 2018. According to a report by the German Games Industry Association (Game), based on data from Data.ai, this growth surpasses the 1% increase seen in the previous year. The expansion is attributed to the sales of gaming consoles and acces…
July 25, 2024, 11:06 a.m.