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Digital Bros to Downsize Workforce by 30%
Digital Bros Group, a prominent game development, publishing, and distribution company, has revealed plans to reduce its global workforce by 30%. The company is known for its work on notable titles such as Puzzle Quest 3, Gunfire Reborn, and Miasma Chronicles. This decision was disclosed in a recent organizational review. According to the company, "To prioritize high-quality, long-standing suc…
Nov. 14, 2023, 8:12 p.m.
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Transcend Fund Raises Approximately $60 Million for Second Seed Fund
Transcend Fund, a prominent venture capital firm, has successfully closed its second seed fund with nearly $60 million in investments. Established in 2020, the firm is led by Managing Partners Andrew Sheppard, Brett Krause, and Shanti Bergel. Transcend specializes in investing in early-stage gaming companies, capitalizing on the industry's rapid growth. According to Shanti Bergel, "The gaming ind…
Nov. 14, 2023, 6:40 p.m.
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Super Mario Bros. Wonder Dominates Japan's Monthly Sales Charts
According to Famitsu's latest physical sales report for October, Super Mario Bros. Wonder has taken the top spot in its first month of release, with estimated sales of over 801,000 copies. This figure far surpasses the 110,000 copies sold of Detective Pikachu Returns, which secured the second position. The PS5-exclusive Spider-Man 2 follows closely, with around 90,000 copies sold, while Pikmin 4 …
Nov. 14, 2023, 3:51 p.m.
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A New Era for GTA 6: Development Team Shifts from GTA 5
The GamesIndustry.biz Microcast is back, delivering a concise overview of the video game industry's most significant news and insights. This episode features James Batchelor and Christopher Dring exploring the impending reveal of Grand Theft Auto 6, with a focus on the altered development team since Grand Theft Auto 5's release in 2013. The hosts also examine reports of Modern Warfare 3's develop…
Nov. 14, 2023, 3:40 p.m.
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SIDE Establishes Presence in Tokyo
Global audio services provider SIDE, a subsidiary of PTW, has officially opened its doors in Tokyo, marking a significant expansion into the Japanese market. The Tokyo studio will specialize in providing high-quality Japanese voiceovers for video games and other foreign content, in addition to offering expertise in casting, talent negotiation, and production management. Under the leadership of Hi…
Nov. 14, 2023, 3:23 p.m.
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Developers of Modern Warfare 3 Allege Rushed Development and Crunch Time
According to a recent report, Call of Duty: Modern Warfare 3 was developed within a condensed 16-month timeframe, with instances of crunch and communication breakdowns between Sledgehammer Games and Infinity Ward. The development period is said to be significantly shorter than the typical three-year cycle for Call of Duty games, making it the shortest development time for a series title in severa…
Nov. 14, 2023, 3:07 p.m.
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Bandai Namco Establishes Studio 2 and Studio S for Nintendo Collaborations
Bandai Namco has officially introduced Studio 2 and Studio S, an in-house development team dedicated to collaborating with Nintendo on various gaming projects. This team of skilled developers has been working on Nintendo-commissioned projects for a while, with notable credits including Super Smash Bros Ultimate, Mario Kart 8, and Arms for the Nintendo Switch. According to a statement on the studi…
Nov. 14, 2023, 2:41 p.m.
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Remedy's Vanguard Shifts to Premium Model, Renamed Kestrel
Remedy has announced a significant change in strategy for its multiplayer title, transitioning from a free-to-play model to a premium game. This shift, revealed on Monday, follows discussions with publishing partner Tencent and includes a codename change from Vanguard to Kestrel. The decision stems from the uncertainties and risks associated with the rapidly evolving free-to-play market. As a res…
Nov. 14, 2023, 2:15 p.m.
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OnePlus and Samsung Faced Restrictions on Including Fortnite in App Stores Amid Epic vs Google Dispute
The Epic Games vs Google antitrust trial continued on Monday, with a focus on agreements between Google and phone manufacturers regarding app inclusions on their devices. It was revealed that OnePlus required Google's permission to pre-install Fortnite, which was reportedly denied. Google's VP of Android platform partnerships, James Kolotouros, confirmed that OnePlus needed a waiver to add Fortni…
Nov. 14, 2023, 12:52 p.m.
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Squido Studio Secures CA$1.5 Million in Funding
Squido Studio, the developer behind No More Rainbows, has successfully raised CA$1.5 million in its latest funding round. The investment, led by the Canada Media Fund as part of its Experimentation Stream, aims to foster innovation in digital media through its Innovation and Experimentation program. Additional support comes from notable partners including Preview Labs, La Guilde de jeu vidéo du Q…
Nov. 14, 2023, 11:21 a.m.