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Japan's Ministry of Economy, Trade and Industry Introduces the So-Fu Accelerator Program
The Ministry of Economy, Trade and Industry in Japan has launched the So-Fu project, a unique accelerator program designed to support independent game developers. The program provides participants with expert mentorship, financial assistance, and valuable industry connections. To be eligible for the So-Fu initiative, applicants must be under the age of 35 and have completed junior high school…
March 25, 2024, 8:10 p.m.
News
Crop Circle Games Closes Down by Prytania Media
Prytania Media has officially shut down its Crop Circle Games studio. According to a report by GameDeveloper, the parent company informed staff about the closure. Luna Jade, the operations manager at Crop Circle, expressed her disappointment on social media, stating that Prytania Media waited until after the Game Developers Conference to notify furloughed employees about the studio's closure and …
March 25, 2024, 6:34 p.m.
News
Call of Duty Warzone Achieves $1.4 Million in Revenue Within Four Days of Global Launch
Following its worldwide release, Call of Duty Warzone: Mobile has amassed $1.4 million in player expenditures within a mere four days. According to estimates from AppMagic, as reported by PocketGamer.biz, the game's lifetime revenue has reached $2.2 million. The US leads in terms of country-specific spending, contributing 47 percent of the total revenue with $1.1 million. Chile ranks second, with…
March 25, 2024, 3:10 p.m.
News
GI Microcast: Insights from GDC 2024, PS5 Pro, and Ubisoft's AI-Powered NPCs
The latest episode of the GamesIndustry.biz Microcast is now live, offering an in-depth look at the most significant discussions in the video game industry over the past week. Following his return from San Francisco, Chris Dring shares his observations on the atmosphere at GDC 2024 and its implications for the industry, along with notable discoveries from the conference. Key topics include the ru…
March 25, 2024, 3:09 p.m.
News
EU Commission Launches Probe into Google, Meta, and Apple Over Potential Digital Markets Act Breaches
The European Commission has initiated an investigation into Google, Meta, and Apple regarding potential non-compliance with the Digital Markets Act. Each company is being examined for different possible circumventions of the regulations. The commission is looking into whether Google's parent company, Alphabet, is allowing developers to adequately direct users outside of the app store, as well as …
March 25, 2024, 2:42 p.m.
News
Bidstack Executive Team Completes Acquisition of the Company
The executive team of Bidstack has successfully acquired the company from its investors and shareholders, marking a new chapter for the in-game advertising platform. According to a LinkedIn post, all existing contracts with UK and European-based staff will remain intact, as will relationships with clients. This development comes after a tumultuous period for Bidstack, which saw the collapse of a …
March 25, 2024, 12:26 p.m.
News
Toys for Bob reportedly inks Microsoft deal after gaining independence
It has been reported that Toys for Bob has entered into a partnership with Microsoft subsequent to its separation from the company last month. As per Windows Central, the studio has secured an agreement with Xbox to fund its upcoming title as an independent entity. The developer behind Crash Bandicoot and Spyro had previously indicated its intention to explore potential partnerships, as stated …
March 25, 2024, 10:10 a.m.
News
Overwatch 2 Developers Receive No Profit-Sharing Bonuses
This month, the developers of Overwatch 2 will not receive any profit-sharing bonuses, with their bonus targets set at 0%. According to a report by Bloomberg, it is unusual for Blizzard Entertainment employees to not receive a profit-sharing bonus. The bonus is tied to the financial performance of the company's products and is paid out twice a year. The fact that Overwatch 2 developers are not…
March 22, 2024, 8:02 p.m.
News
Capcom Tops Metacritic's 2023 Game Publisher Rankings
For 2023, Capcom secured the top position in Metacritic's publisher rankings, achieving an average Metascore of 84.5. The company's highest-rated title was the Resident Evil 4 Remake for PlayStation 5, which garnered a critic score of 93. According to Metacritic, Capcom's success can be attributed to the widespread critical acclaim for its latest Resident Evil remake, as well as the release of ot…
March 22, 2024, 4:15 p.m.
News
Layoffs Hit IGN Creators Guild, Prompting Union Response
A recent round of layoffs has resulted in the departure of three IGN staff members who were part of the IGN Creators Guild. The union expressed surprise at the layoffs, which affected producer Francesca Rivera, video producer Jesse Gill, and senior editor Joshua Yehl, in a social media post on March 19. According to the union, the decision was made without any economic necessity and without prior…
March 22, 2024, 3:25 p.m.