Bootstrap Gallery
  1. Home
  2. News
Latest News News 🔥
News
Faze Banks Increases Stake in Faze Media to 31%
Richard 'Faze Banks' Bengtson has increased his stake in Faze Media, a company focused on content creators, to 25.5%, bringing his total ownership to 31%. As CEO, Bengtson's expanded role comes as the company aims to drive growth and stability, with previous majority owner GameSquare maintaining a controlling interest. Bengtson co-founded Faze Clan, the esports organization from which Faze Media …
June 19, 2024, 9:20 a.m.
News
Paradox Tectonic Studio Closure: Life By You Project Cancelled
June 19, 2024 Update: Paradox Interactive has made the decision to close Paradox Tectonic, resulting in the loss of 24 jobs. Paradox CEO Fredrik Wester expressed his disappointment, stating: "The news is difficult for our Tectonic colleagues, who worked tirelessly on the early access version of Life By You. Unfortunately, with the cancellation of their main project, we were forced to make the t…
June 19, 2024, 7:53 a.m.
News
Nintendo Direct Unveils Metroid Prime 4 and The Legend of Zelda: Echoes of Wisdom
The latest Nintendo Direct presentation has revealed a 2025 release window for Metroid Prime 4: Beyond, while The Legend of Zelda series welcomes a new installment, The Legend of Zelda: Echoes of Wisdom, where Zelda takes on the role of the protagonist, leveraging a novel ability to duplicate objects and enemies. Initially announced at E3 2017, Metroid Prime 4's development was restarted in 2019 …
June 18, 2024, 3:48 p.m.
News
Ex-Modern Wolf Staff Launch Secret Sauce, A New Visibility Agency
George Willard and Sophie Atkin, former employees of Modern Wolf, have joined forces to establish Secret Sauce, a new agency focused on boosting visibility. Willard, previously the head of brand, and Atkin, the senior communications manager, aim to leverage their expertise to help self-publishers and offer expert branding advice. The agency's primary objective is to provide support for independen…
June 18, 2024, 2 p.m.
News
June 2024 Gaming Industry Update: Notable Personnel Moves
The gaming industry has seen a series of significant personnel changes. To help track these developments, we have compiled a roundup of the latest appointments and transitions. If your company has any new hires or promotions to share, please submit the details to newhires@gamesindustry.biz. Jerret West, who has served as Xbox's chief marketing officer since 2019, will be leaving his position to t…
June 18, 2024, 1:41 p.m.
News
Veteran Gaming Executive Shawn Layden Calls for Patience in the Industry
Tencent advisor Shawn Layden has criticized the gaming industry's lack of patience, citing the recent surge in layoffs as a symptom of impatience with new ideas and concepts. Layden's comments were made during the GI Sprint podcast, which focuses on making video games cheaper, faster, and better. The industry is currently facing slow growth and rising costs, leading to tens of thousands of redund…
June 18, 2024, 9:56 a.m.
News
Andrew Wilson, EA CEO, Receives $25.6 Million in Compensation for FY2024
The compensation of Electronic Arts' CEO, Andrew Wilson, saw a 22% increase to $25.6 million for the fiscal year that concluded on March 31, 2024. This total includes a base salary of $1.3 million, stock awards totaling over $20 million, $3.4 million in non-equity incentive plan compensation, and additional compensation exceeding $500,000, as outlined in EA's annual meeting report and proxy state…
June 18, 2024, 8:23 a.m.
News
Nintendo Direct Scheduled for June 18
None
June 17, 2024, 2:18 p.m.
News
Get Ready for GI Sprint: Expert Insights on Streamlining Game Development
GamesIndustry.biz is launching GI Sprint, a three-week editorial series packed with video panels, podcasts, interviews, and more, all designed to help game developers optimize their workflows and create better games at lower costs. As development expenses continue to rise, we've gathered a diverse group of experts to share their knowledge on improving business and development efficiency. The seri…
June 17, 2024, 1:51 p.m.
News
Embracer Closes Alone in the Dark Developer Pieces Interactive
According to recent reports, Embracer has shut down Pieces Interactive, the development studio responsible for the latest Alone in the Dark game. The studio's website now displays a farewell message, which reads: "2007 - 2024, Thanks for playing with us." A brief overview of the studio's history is also provided, highlighting the release of over ten titles across various platforms since 2007, wit…
June 17, 2024, 12:53 p.m.