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TinyBuild Adjusts Revenue Projections and Resolves Dispute with Versus Evil
In a recent update, Hello Neighbor publisher TinyBuild announced a revision to its revenue forecasts for the fiscal year, citing unusually weak performance in October. The company now anticipates revenues between $40 million and $50 million for the full year, below initial expectations. Additionally, TinyBuild does not expect to achieve its targeted cash position by the end of December, having en…
Dec. 5, 2023, 1:45 p.m.
News
Electronic Arts Reduces Codemasters Workforce
Electronic Arts has initiated a series of job cuts at Codemasters, the development studio behind the F1 series. According to reports, an unspecified number of staff members at the UK-based studio have been laid off as a result of "minor structural adjustments" implemented by EA. Codemasters was responsible for the recent launches of F1 23 and EA Sports WRC. "The gaming landscape is constantly …
Dec. 5, 2023, 12:01 p.m.
News
New World Interactive Faces Layoffs Amid Restructuring Efforts
New World Interactive, a subsidiary of Saber Interactive, has undergone layoffs as part of Embracer's ongoing restructuring efforts. Initially, it was believed that the studio had been completely shut down, but Saber Interactive has clarified that the move is a reorganization. The company stated, 'This reorganization has led to layoffs at the studio. We are working to fill existing open roles wit…
Dec. 5, 2023, 10:32 a.m.
News
Grand Theft Auto 6 Set for 2025 Release
Following an unexpected leak on social media, Rockstar has prematurely unveiled the official trailer for Grand Theft Auto 6. The trailer was initially scheduled to debut today but was shared ahead of time due to the leak. As a result, Rockstar opted to release the trailer on YouTube, providing fans with their first glimpse of GTA 6. The upcoming game is slated for a 2025 launch and will be compat…
Dec. 5, 2023, 8:44 a.m.
News
Hearst Newspapers Expands Gaming Portfolio with Acquisition of Puzzmo
Hearst Newspapers has announced the acquisition of Puzzmo, a cutting-edge puzzle games hub developed by renowned game designer Zach Gage and seasoned engineer Orta Therox. Puzzmo offers a diverse range of original daily newspaper games and puzzles, including SpellTower, Typeshift, Flipart, and Cross|Word. Initially launched in October 2023 with limited daily releases, Puzzmo was backed by the Ast…
Dec. 4, 2023, 4:01 p.m.
News
Why Game Pass Might Thrive on PC and Mobile, But Struggle on PlayStation and Nintendo
In this episode, Chris Dring and James Batchelor delve into the week's major news, including the conflicting signals surrounding Xbox Game Pass's potential expansion to Nintendo and PlayStation consoles. Despite initial statements from Xbox CFO Tim Stuart and Xbox boss Phil Spencer suggesting this was a long-term goal, Spencer has since clarified that this is not currently planned. This decision …
Dec. 4, 2023, 3:25 p.m.
News
Introducing the Game Content Triggers Database: A New Resource for Mental Health Awareness
The founder of Can I Play That?, Coty Craven, along with a team of gaming experts and mental health specialists, has launched the Game Content Triggers Database. This comprehensive database acts as a repository of potentially distressing content found in games. Users can now access information about specific games, such as the presence of spiders or racist themes targeting particular communit…
Dec. 4, 2023, 3:23 p.m.
News
PlayStation Store to Remove Purchased Discovery TV Shows
By the end of the month, PlayStation will discontinue access to purchased Discovery TV shows on its platform. A notification has been sent to affected users, citing licensing issues with content providers as the reason. The notice states that all previously purchased Discovery content will be removed from users' video libraries due to current licensing arrangements. Over 1,300 seasons of shows, i…
Dec. 4, 2023, 1:50 p.m.
News
Experis Game Solutions Employees Choose to Form a Union
In a recent vote, the staff at Experis Game Solutions' Milwaukee office has decided to unionize. According to an announcement from the International Association of Machinists and Aerospace Workers, 35 employees voted in favor of forming a union, while four opposed it. The newly formed union, which consists of 42 test associates, software test engineers, and data software analysts, will begin prep…
Dec. 4, 2023, 10:53 a.m.
News
Epic Games Explains Decision Not to Sue Nintendo, Sony, and Microsoft Over 30% Revenue Share
Epic Games has provided insight into why it has chosen not to pursue legal action against Nintendo, Sony, and Microsoft, despite its ongoing disputes with Google and Apple over the 30% revenue share from sales and in-app transactions. According to Epic's chief financial officer, Randy Gelber, console manufacturers operate in a competitive market with a distinct cost structure, having subsidized h…
Dec. 4, 2023, 10:18 a.m.