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NetEase Partners with Industry Expert Greg Street to Launch Fantastic Pixel Castle Studio
NetEase has collaborated with veteran game developer Greg Street to establish Fantastic Pixel Castle, a new game development studio. The studio's inaugural project is currently in development, marking the beginning of an exciting journey. Fantastic Pixel Castle will function as a remote studio, facilitating the recruitment of top talent from around the world to work on its debut MMO game, codenam…
Nov. 2, 2023, 12:08 p.m.
News
European Video Game Spending Shows Signs of Slowing Down
Andrew Wilson, the CEO of Electronic Arts, has stated that the company is witnessing a decline in video game spending in Europe. During the company's financial call with investors, Wilson noted that while the overall market is experiencing growth, and games with high engagement levels continue to perform well, there are geographical disparities. Europe, in particular, is underperforming expectati…
Nov. 2, 2023, 11:11 a.m.
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EA Sports FC 24 Set to Surpass FIFA 23
Following a successful launch, EA anticipates moderate year-on-year growth for EA Sports FC 24, as stated by CFO Stuart Canfield during the company's Q2 FY2024 earnings call. Despite the challenging context of the World Cup, which contributed to FIFA 23's success, Canfield considers the transition to EA Sports FC a significant accomplishment for EA, with the company's global football business exc…
Nov. 2, 2023, 11 a.m.
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EA's Q2 FY24 Bookings See Uptick Following Successful Launch of Sports FC 24
Electronic Arts has released its Q2 FY24 earnings report, covering the three months ending September 30, 2023, revealing modest growth in revenue and bookings, primarily driven by the success of Madden NFL, FIFA 23, and the launch of EA Sports FC 24. Key financial highlights include: $1.91 billion in revenue, representing a 0.5% year-over-year increase, $399 million in net income, up 33% year-ove…
Nov. 2, 2023, 10:58 a.m.
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Nintendo Switch to Remove Twitch App Listing
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Nov. 2, 2023, 10:25 a.m.
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EA Announces End of Support for Older Windows Versions of Star Wars and Battlefield Games
Electronic Arts has announced plans to discontinue support for several games, including Battlefield 1, Battlefield 5, and Star Wars: Battlefront 2, on Windows 7, 8, and 8.1 operating systems. This change, effective November 30, aims to ensure secure gameplay for all players. As a result, EA can no longer guarantee these titles will function properly on the aforementioned Windows versions beyond t…
Nov. 1, 2023, 2:20 p.m.
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Devolver Acquires System Era in a Deal Valued at Up to $40 Million
In a significant move, Devolver has acquired System Era for a potential total of $40 million. The acquisition includes an initial payment of $22 million, consisting of $20 million in cash upon deal closure and $2 million in shares to be issued and paid one year later. Additionally, there is a deferred consideration of $10 million and a potential earn-out of up to $8 million, both of which are pay…
Nov. 1, 2023, 11:48 a.m.
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Itch.io's Games for Gaza Bundle Supports Palestinian Relief Efforts
As of November 1, 2023, the Games for Gaza charity bundle has exceeded its target, raising over $200,000 for Medical Aid for Palestinians. With a new goal set at $300,000, the current total stands at more than $260,000. Initially launched on October 27, 2023, by Oak Grove Games, the bundle offers 48 video games, 197 tabletop games, and additional content for $10. Notable titles include Gunhouse, …
Nov. 1, 2023, 10:42 a.m.
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Ubisoft to Discontinue Online Support for Several Classic Games
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Nov. 1, 2023, 10:32 a.m.
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Remedy Reports Flat Revenue for Q3 2023
Remedy's financial results for the third quarter of 2023 (July to September 2023) revealed a marginal decline in overall revenue. The Finnish game developer recorded a 1.1% decrease in revenue compared to the same period last year, dropping from €7.9 million to €7.8 million. For the nine-month period ending September 2023, revenue declined by 21.1% to €23.6 million. According to Remedy CEO Tero V…
Nov. 1, 2023, 10:02 a.m.