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Riot Games' Social Impact Fund Reaches $50 Million Milestone
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Nov. 29, 2023, 3:37 p.m.
News
Creative Assembly Shifts Focus to Real-Time Strategy Games After Hyenas Cancellation
With the cancellation of the online first-person shooter Hyenas, Creative Assembly is set to concentrate on developing real-time strategy games once again. This decision was disclosed by Sega's Chief Financial Officer and Senior Executive Vice President, Koichi Fukazawa, in the company's latest financial results presentation. Fukazawa stated, "Creative Assembly excelled at developing offline re…
Nov. 29, 2023, 3:16 p.m.
News
Embracer Group to Officially Shut Down TimeSplitters Developer
According to recent reports, Embracer Group is set to close Free Radical Design, the studio behind TimeSplitters, on December 11. This information was supposedly confirmed via an internal email from Lars Jannsen, Plaion's VP of worldwide studios and talent. The email expressed gratitude for the team's dedication and outstanding work. The news emerged 20 days after speculation that the studio migh…
Nov. 29, 2023, 2:45 p.m.
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Frontier Adjusts Revenue Projections, Shifts Focus to Simulation Games
Frontier Developments, a UK-based studio, has revised its revenue projections for the current fiscal year due to the underwhelming performance of its latest Warhammer title. In an update to investors, the company announced a strategic shift towards creative management simulations, which have historically generated more stable and lucrative returns. With three simulation titles slated for release …
Nov. 29, 2023, 2:44 p.m.
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Genvid Refutes Allegations of Using AI-Generated Dialogue in Silent Hill: Ascension
Following accusations from players, Genvid has denied the use of artificial intelligence to generate dialogue in Silent Hill: Ascension. The controversy began when players shared examples of the game's writing on social media, sparking allegations that the developer was relying on AI to produce the content. In response, Genvid CEO Jacob Navok took to social media to assure players that every word…
Nov. 29, 2023, noon
News
Unity Announces Major Restructuring, Cutting 265 Jobs and Ending Weta Partnership
In a significant overhaul, Unity has revealed plans to lay off 265 employees, approximately 3.8% of its workforce, as it terminates its agreement with Weta, a renowned VFX studio. This move comes after Unity acquired Weta's tools, pipeline, technology, and engineering teams in a $1.63 billion deal in 2021. The layoffs are part of a company-wide 'reset' that includes shutting down offices in 14 gl…
Nov. 29, 2023, 9:45 a.m.
News
Fishlabs to Reduce Staff by 50 Positions
Plaion, an Embracer Group subsidiary, has revealed plans to downsize Fishlabs studio by approximately 50 roles. Despite efforts to avoid redundancies, the lack of financial support for Project Black and insufficient approvals led to this decision. Fishlabs will maintain its collaborative partnerships with Embracer subsidiaries and Plaion to co-develop projects. According to Lars Janssen, Plaion's…
Nov. 28, 2023, 7:33 p.m.
News
East Asia's PC and Mobile Gaming Market to Reach $30 Billion by 2023
Niko Partners has released a report predicting that the combined PC and mobile game markets in East Asia will reach $29.8 billion in 2023, encompassing Japan, South Korea, and Chinese Taipei, with Japan anticipated to account for over 60% of the region's consumer spending. The Korean PC games market is also expected to contribute significantly, making up over 55% of East Asia's total gaming reven…
Nov. 28, 2023, 5:38 p.m.
News
NCsoft and Sony Form Strategic Alliance
NCsoft and Sony Interactive have forged a groundbreaking partnership, paving the way for joint ventures across multiple business sectors, including the mobile gaming industry. The two companies are presently assessing their prospects for future collaboration. Since its inception in 1997, NCsoft has established itself as a prominent publisher of online games, boasting an impressive portfolio tha…
Nov. 28, 2023, 4:55 p.m.
News
Game Industry Collective Launches 'Stronger Together in Games' Charity Drive
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Nov. 28, 2023, 3:07 p.m.