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Microsoft and Square Enix Unveil Exciting New Partnership for Final Fantasy
Phil Spencer, Xbox's head, made a significant announcement at the Final Fantasy 14 Fan Fest, revealing a collaboration between Microsoft and Square Enix. The partnership will bring the popular MMO Final Fantasy 14 to Xbox Series X|S in 2024. During a joint keynote address with Square Enix CEO Takashi Kiryu and Final Fantasy 14 producer Naoki Yoshida, Spencer expressed his admiration for the team'…
July 31, 2023, 10:29 a.m.
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EA Redefines Studio Leadership Following Samantha Ryan's Departure
Samantha Ryan, the General Manager of EA's group, has parted ways with the company. Ryan was responsible for overseeing EA studios that focused on genres outside of sports, racing, and shooting games. These studios included notable entities such as BioWare, known for the Mass Effect and Dragon Age series, Maxis, the force behind The Sims, Full Circle, which is working on Skate, Cliffhanger Games,…
July 31, 2023, 9:20 a.m.
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July 2023 Jobs Roundup: Notable Hires in the Gaming Industry
Staying up-to-date with the latest industry movements can be challenging, which is why we've compiled the key appointments and transitions in this roundup. To submit new hires or company changes, please email the relevant details to newhires@gamesindustry.biz. Recent hires include Hugo Bustillos, who has joined Kepler Interactive as senior communications manager, bringing his experience from CI G…
July 28, 2023, 7:49 p.m.
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Twitch Viewership Experiences a 3% Decline in June
In June, Twitch recorded a total of 1.7 billion hours of viewership. This marks a 3% decrease from the previous month, as reported in the State of the Stream report by StreamElements and Rainmaker.gg. Despite the month being shorter, daily viewership hours have consistently increased over the past four months since March. The launch of Blizzard's Diablo 4 on June 5 propelled it to the top of the …
July 28, 2023, 7:15 p.m.
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Activision Takes Legal Action Against TikTok Personality
In a recent development, dated August 15, 2023, Activision Blizzard has decided to drop its lawsuit. The original story, dated July 28, 2023, revolves around Activision seeking a declaratory judgment against a popular TikTok personality who had threatened to sue the company for using an audio clip without obtaining prior consent. According to a complaint filed with the Los Angeles Federal…
July 28, 2023, 1:32 p.m.
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Epic Games Escalates Legal Battle with Apple to US Supreme Court
Epic Games has submitted a petition to the US Supreme Court, seeking to uphold a prior ruling that prohibits Apple from preventing app developers from redirecting users to payment systems outside of the Apple ecosystem. According to Reuters, Epic is requesting that the Supreme Court overturn a decision made by the Ninth Circuit Court of Appeals earlier this month, which paused the original injunc…
July 28, 2023, 9:08 a.m.
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Germany Sees 15% Rise in Game Companies in 2022
Germany's game industry witnessed a significant 15.5% year-over-year growth in the number of game companies, with the total count reaching 908, as reported by the German Games Industry Association. This substantial increase marks a 46% rise compared to 2020, based on data compiled by Game in collaboration with Goldmedia from May 2022 to May 2023. The sector also saw a 7% increase in employment am…
July 28, 2023, 8:41 a.m.
News
GameStop Experiences CFO Departure
GameStop is currently without a CEO and will soon be without a CFO, as Diana Saadeh-Jajeh has announced her resignation, set to take effect on August 11. Saadeh-Jajeh's tenure as CFO has lasted just over a year, having taken on the role during a period of significant restructuring in July of the previous year, which also saw the departure of her predecessor, Mike Recupero. Recupero, like Saadeh-J…
July 27, 2023, 8:53 p.m.
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Global PlayStation 5 Sales Exceed 40 Million Units
The PlayStation 5 has achieved a significant milestone, with worldwide sales surpassing 40 million consoles, as announced by Sony. In comparison to its predecessor, the PlayStation 4, which reached the same sales figure two months earlier, the PS5's sales were hindered by component shortages that limited supply during its first two years on the market. However, the console is now widely available…
July 27, 2023, 1 p.m.
News
Capcom Sees $313m in Q1 Sales, Fueled by Street Fighter 6 and Resident Evil 4
Capcom has unveiled its financial report for the first quarter of its fiscal year, highlighting the significant impact of its recent releases. The company's net sales have surged by 74% year-over-year to ¥43.8 billion ($313 million), driven primarily by the success of Street Fighter 6 and the Resident Evil 4 remake. Key figures for the quarter ending June 30, 2023, include the impressive performa…
July 27, 2023, 10:54 a.m.