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Capcom Acquires Minimum Studios as a Subsidiary
In a strategic move, Capcom has acquired a majority stake in Minimum Studios, a Taiwan-based animation production company. This studio has previously collaborated with Capcom on several notable titles, including Resident Evil Village, the Resident Evil 4 remake, and the upcoming Dragon's Dogma 2. Founded in 2018, Minimum Studios specializes in keyframe animation and motion capture technology. Acc…
July 1, 2024, 1:22 p.m.
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Mystic Forge Secures €2 Million in Funding to Fuel Expansion
Mystic Forge, an independent game publisher, has successfully raised €2 million through a recent investment round. The funding, led by prominent investors ForsVC and ROM Utrecht Region, is set to enhance the publisher's capabilities in supporting its expanding lineup of titles. According to co-founder Paul Hanraets, "This significant investment enables us to diversify our portfolio and acquire ad…
July 1, 2024, 11:24 a.m.
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Chants of Sennaar Claims Top Honor at Inaugural Gamescom Latam Awards
The inaugural Gamescom Latam Awards have announced their winners, with Chants of Sennaar by Rundisc taking home the prestigious Game of the Year award. This highly acclaimed game, which focuses on deciphering languages, was one of many playable titles at the Sao Paulo Expo during Gamescom Latam. A panel of 49 judges selected the winners across 13 categories, with the results being revealed during…
July 1, 2024, 11:06 a.m.
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Arc System Works Establishes European Office
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July 1, 2024, 10:39 a.m.
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World of Tanks Blitz Surpasses $1 Billion in Lifetime Earnings
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July 1, 2024, 9:48 a.m.
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Toronto Ubisoft Studio Hit by Job Cuts
Following a restructuring effort, Ubisoft's Toronto studio has undergone a round of layoffs, resulting in the loss of 33 positions. According to reports from PC Gamer, the studio implemented a 'targeted realignment' of its workforce, leading to redundancies aimed at ensuring the successful delivery of its future plans. In a statement, Ubisoft expressed its commitment to supporting affected employ…
July 1, 2024, 8:53 a.m.
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YouTube Cuts Ties with DrDisrespect Over Serious Allegations
Following a wave of allegations stemming from his Twitch ban, YouTube has suspended monetization on DrDisrespect's channel, which boasts 4.7 million subscribers, and removed it from the YouTube Partner Program. A YouTube spokesperson confirmed that this decision is a result of DrDisrespect violating the platform's Creator Responsibility policy. The move not only affects his current channel but al…
June 28, 2024, 8:16 p.m.
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Thunderful Group Offloads Distribution Businesses to Bergsala NDP
As part of its ongoing restructuring efforts, Thunderful Group has sold its distribution businesses to a newly-established subsidiary of Bergsala, marking a significant step towards becoming a dedicated gaming company. The acquisition, made by Bergsala NDP AB, includes Amo Toys, Bergsala Aktiebolag, Thunderful 1, and Thunderful Solutions. This move was first announced to shareholders on May 21 an…
June 28, 2024, 4:20 p.m.
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Don't Nod Postpones Lost Records to Prevent Conflict with Upcoming Life Is Strange Release
Don't Nod has announced a delay in the release of its new IP, Lost Records: Bloom & Rage, to prevent a clash with the forthcoming Life Is Strange installment, a series that was initially developed by Don't Nod. The launch window has been shifted from late 2024 to early 2025, as stated in a press release, which cited an in-depth analysis of recent industry trends and developments. With Life Is Str…
June 28, 2024, 11:55 a.m.
News
SAG-AFTRA Introduces New Tier for Independent Game Development Contract
SAG-AFTRA has introduced an additional tier to its Independent Interactive Media Agreement, providing union coverage to studios with project budgets ranging from $15 million to $30 million. This expanded agreement offers benefits such as provisions against AI, access to unionized voice actors and performers, informed consent, and compensation for digital replica use. Actors will also receive addi…
June 28, 2024, 9:58 a.m.