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Microsoft to Introduce Latest Call of Duty Game to Game Pass
According to reports, Microsoft is planning to include the latest installment of the Call of Duty series in its Xbox Game Pass subscription service. This move is reportedly designed to attract new subscribers. Although the game will be available on Game Pass, consumers will still have the option to purchase it separately for PC or console. The Wall Street Journal suggests that the official announ…
May 17, 2024, 8 p.m.
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GameStop's Preliminary Q1 Results Show Sales Decline of at Least 28%
GameStop, a leading video game retail company, has released its preliminary financial results for the first quarter, which concluded on May 4. The company anticipates net sales to fall within the range of $872 million to $892 million. This projection indicates a year-over-year sales decline of 28% to 30% for the quarter. Furthermore, GameStop expects its net loss to be between $27 million and $37…
May 17, 2024, 3:04 p.m.
News
Serbian Gaming Industry Sees Significant Revenue Growth in 2023
According to the 2023 Serbian Gaming Industry Report, the top 15 gaming companies in Serbia collectively achieved €175 million in revenue, marking a 17% increase from the previous year. The report, which analyzed data from the 21 largest gaming companies in the sector, reveals that PC gaming accounted for 34% of the revenue, followed by mobile at 32%, and services at 28%. Consoles, VR, and web-ba…
May 17, 2024, 2:22 p.m.
News
Alan Wake 2 Claims Top Honor at Finnish Game Awards 2024
The Finnish Game Awards 2024 took place recently, with Remedy Entertainment's Alan Wake 2 being named Finnish Game of the Year. A total of eight awards were presented during the event, recognizing outstanding Finnish games from the past year. Road to Vostok, a survival game, received the Best Creative Achievement of the Year award, while Notovia, an indie studio, was named Rookie of the Year for …
May 17, 2024, 1:42 p.m.
News
Report: Player1 Cuts Staff and Cancels Insomnia Gaming Festival
Reports indicate that Player1 Events has undergone significant restructuring, resulting in the layoffs of a substantial number of employees, potentially the majority of its workforce, and the discontinuation of the long-running Insomnia Gaming Festival in the UK. Former employees have taken to social media to share news of the redundancies. According to sources, the layoffs encompass the entire s…
May 17, 2024, 1:40 p.m.
News
Summer Game Fest 2024 Partnership Lineup Unveiled
The initial list of partners for Summer Game Fest 2024 has been announced, featuring 55 participating companies in the upcoming two-hour event scheduled for June 7, 2024. Notable partners include Xbox, PlayStation, and major publishers such as Epic Games, Electronic Arts, Bandai Namco, Capcom, Sega, WB Games, and Ubisoft. The involvement of Xbox, PlayStation, and Ubisoft likely refers to their re…
May 17, 2024, 11:35 a.m.
News
Take-Two CEO Clarifies Studio Closures, Claims No Shut Down Occurred
In a recent interview, Take-Two CEO Strauss Zelnick stated that the company has not shut down Roll7 and Intercept Games, contrary to earlier reports. Zelnick explained that the company is undergoing a cost reduction program and is being cautious with its release schedule across all studios. When questioned about the closures, a PR representative interjected, stating that the company's cost reduct…
May 17, 2024, 10:41 a.m.
News
Wayfinder Undergoes Significant Transformation from Free-to-Play to Premium Single-Player Experience
In a significant overhaul, Wayfinder is transitioning from an online-only multiplayer game with free-to-play mechanics to a premium single-player experience, accompanied by optional three-player co-op, after losing its publisher. This change comes with the upcoming Echoes update, which will remove all online requirements, ensuring the game's longevity. The studio, Airship Syndicate, will eliminat…
May 17, 2024, 10:18 a.m.
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GamesAid Achieves ÂŁ150,000 Charity Milestone in FY23/24
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May 17, 2024, 10:08 a.m.
News
Singularity 6 Announces Staff Reduction of 36 Employees
Singularity 6 has undertaken a new wave of restructuring, resulting in the layoff of 36 employees. In a conversation with Game Developer, and as confirmed by Polygon's Nicole Carpenter, the company emphasized its commitment to supporting its online simulation game Palia, despite the significant reduction in staff, which accounts for approximately 40% of its workforce. According to a Singulari…
May 17, 2024, 9:58 a.m.