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Unity 6 Set to Launch in 2024 with Enhanced AI Capabilities and Multiplayer Features
Unity has reinstated its classic versioning system, rebranding Unity 2023 LTS as Unity 6 in anticipation of its release in the coming year. The company had previously shifted away from this system in 2016, adopting a yearly update cycle with more gradual improvements. The last release under the old system was Unity 5.6, after which the product was referred to by year, starting with Unity 2017. Ho…
Nov. 16, 2023, 4:12 p.m.
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Introducing Code My Crown: A Groundbreaking Initiative by Dove and Open Source Afro Hair Library
Dove, in partnership with the Open Source Afro Hair Library, has launched the innovative Code My Crown guide. This complimentary downloadable resource is tailored to provide game developers with comprehensive instructions, detailed references, and accessible source code, all aimed at creating authentic and varied Black hairstyles in video games. The initiative stems from the long-standing issue o…
Nov. 16, 2023, 4:10 p.m.
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Sega of America Faces Allegations of Anti-Union Tactics
Allegations have emerged that Sega of America attempted to intimidate its workforce by threatening mass layoffs in response to their unionization endeavors. The Communications Workers of America, on behalf of the Allied Employees Guild Improving Sega, has filed a complaint of unfair labor practices after Sega allegedly unveiled plans to gradually eliminate temporary positions by February 2024 and…
Nov. 16, 2023, 3:29 p.m.
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Monopoly Go Surpasses $1 Billion in Player Expenditure
Scopely reports that Monopoly Go has garnered over $1 billion in player spending. Released in April, the mobile game draws inspiration from Hasbro's classic board game. According to Scopely, Monopoly Go is the fastest casual game to reach this revenue figure, with over 100 million downloads. "Monopoly Go's success demonstrates the enduring appeal of the Monopoly brand in captivating audiences …
Nov. 16, 2023, 3:25 p.m.
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NetEase Introduces Worlds Untold, a New AAA Game Development Studio
NetEase has expanded its portfolio with the launch of Worlds Untold, a new game development studio led by industry veteran Mac Walters, previously of BioWare. Despite being headquartered in Vancouver, the studio operates fully remotely and is dedicated to crafting AAA action-adventure games that prioritize storytelling and world-building. As CEO, Walters brings nearly two decades of experience fr…
Nov. 16, 2023, 2:52 p.m.
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June's Journey Surpasses $1 Billion in Revenue
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Nov. 16, 2023, 2:35 p.m.
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Starbreeze Sees 42.9% Revenue Surge to $46.6 Million in Q3
Starbreeze has unveiled its Q3 financial report, ending September 30, 2023, showcasing a substantial increase in revenue driven by the launch of Payday 3. The game accounted for 89% of Starbreeze's total net sales for the quarter. Key financial highlights include a 42.9% rise in net sales to $46.6 million and a net profit of $28.3 million, marking a significant turnaround from the $726,802 loss i…
Nov. 16, 2023, 1:36 p.m.
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Embracer Reduces Debt to $1.4 Billion Amid Ongoing Restructuring Efforts
Embracer has released its latest financial report, which includes an update on the company's restructuring program. The program has resulted in significant layoffs and studio closures. For the quarter ending September 30, Embracer's net sales increased by 13% year-over-year to SEK 10.8 billion ($1 billion). The company's net debt has been reduced to SEK 14.6 billion ($1.4 billion), a 31% improvem…
Nov. 16, 2023, 12:24 p.m.
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Fortnite Introduces Anonymous Voice Reporting Feature
Epic Games has introduced a voice reporting feature in Fortnite, enabling players to report suspicious or rule-breaking behavior through audio samples. The feature captures the last five minutes of chat audio, which is then sent to moderators for review. This recording is automatically deleted after 14 days or once the review process is complete. To maintain user anonymity, reports will be kept c…
Nov. 16, 2023, 10:09 a.m.
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Gaming Industry Sees $6 Billion in Mergers and Acquisitions During Q3
According to a recent report by Digital Development Management, the gaming sector witnessed a significant surge in M&A activity, reaching $6 billion in Q3 across 30 deals. In comparison, the same period last year saw a total of $108 million in acquisitions through 33 transactions. The substantial increase in Q3 2023 can be attributed to major deals, including Savvy Games Group's $4.9 billion acqu…
Nov. 15, 2023, 9:34 p.m.