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Tango Gameworks Closure: Leadership Change Played a Significant Role, Says Xbox's Matt Booty
Matt Booty, head of Xbox Game Studios, has provided additional context regarding the closure of Tango Gameworks, implying that the studio's recent leadership transition was a crucial factor in the decision. In a conversation on Variety's Strictly Business podcast, Booty was asked if Microsoft had sought another buyer before shutting down the Japan-based developer, but he declined to share specifi…
June 21, 2024, 12:41 p.m.
News
Looking Ahead: Nintendo Direct and the Year to Come | GI Microcast
The newest episode of the GI Microcast is live, featuring an in-depth discussion on the recent Nintendo Direct, including the unveiling of new titles from Mario, Zelda, and Metroid. The conversation delves into the implications of these releases for the Switch's final year and the potential of the Metroid franchise. Additionally, the episode examines the showcases from major platform holders, the…
June 21, 2024, 11:39 a.m.
News
Xbox Confirms Gamescom 2024 Appearance
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June 21, 2024, 8:43 a.m.
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Embracer Group Makes $300m Loan Repayment to Lenders
Embracer Group has taken a significant step towards debt reduction by repaying $300 million to its lenders, equivalent to SEK 3.2 billion, on its revolving credit facility. This repayment, made in accordance with the scheduled plan, is a major milestone for the company as it works to settle its debts by the May 2025 deadline. The repayment was facilitated by the net proceeds received from the sal…
June 20, 2024, 3:24 p.m.
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Bandai Namco Unveils Its Most Ambitious Expansion Launch with Elden Ring: Shadow of the Erdtree
Bandai Namco has revealed that the marketing efforts for Elden Ring's Shadow of the Erdtree expansion are on a scale unlike any of its previous DLC releases, with the company's chief marketing and sales officer, Anthony Macare, stating that the campaign is 'unmatched in scope' and the publisher's most ambitious to date. Launching tomorrow, Shadow of the Erdtree introduces a new map, additional d…
June 20, 2024, 1:23 p.m.
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Shin Megami Tensei 5 and Vengeance Reach 1.6 Million Sales Milestone
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June 20, 2024, 11:46 a.m.
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Tripledot Expands Portfolio with Zephyr Mobile Acquisition
In a significant move, Tripledot Studios has acquired Zephyr Mobile, a prominent mobile game development company, in a deal whose financial details have not been disclosed. According to a report by Pocket Gamer, Zephyr Mobile will retain its independence, with its 55 employees continuing to work under the guidance of CEO Serge Morozov from their Warsaw headquarters. The studio has garnered recogn…
June 20, 2024, 9:05 a.m.
News
PlayStation to Miss Gamescom for Another Year
According to recent reports, Sony Interactive Entertainment is set to skip Gamescom in Cologne for the third consecutive year. The news was confirmed by a Sony spokesperson to Games Wirtschaft, and later verified by the company. This decision follows the platform holder's absence from the event in 2022 and 2023. Notably, PlayStation has not participated in Gamescom since 2019, due to the pandemic…
June 20, 2024, 8:43 a.m.
News
Apple Faces Potential Daily Fines of $1 Billion for Alleged Non-Compliance with EU Regulations
According to recent reports, Apple may be subject to substantial daily fines of up to $1 billion by the European Commission due to alleged breaches of the Digital Markets Act. The Financial Times has stated that the EU Commission believes Apple is not complying with its DMA legislation, which could lead to significant penalties. If found guilty, Apple could face daily fines equivalent to 5% of it…
June 19, 2024, 1:20 p.m.
News
Brainspark Games Secures £1.4 Million in Funding
Brainspark Games, a pioneering digital education platform, has successfully raised £1.4 million through a strategic combination of angel investments and grants from Innovate UK. The funds will be utilized to drive advancements in technology, production, and sales development, further solidifying the studio's position in the educational gaming sector. A consortium of seasoned investors, including …
June 19, 2024, 9:59 a.m.