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Sony Unable to Overturn Austrian Ruling on Loot Boxes
A recent Austrian court decision has been left unchallenged, as reported by GamesMarkt, a German gaming site. The ruling, which was made earlier this year by an Austrian district court, stated that Sony Interactive Entertainment Network Europe Ltd. must refund PlayStation users for their purchases of FIFA Ultimate Team packs due to their classification as a form of illegal gambling. This classifi…
May 15, 2023, 7:38 p.m.
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Amazon Partners with Embracer to Develop New Lord of the Rings MMO
Amazon has announced a new partnership with Embracer Group to develop and publish a massively multiplayer online game set in J.R.R. Tolkien's Lord of the Rings universe. The game will be developed by Amazon Games Orange County, the studio behind New World, and is slated for release on PC and consoles, although no release date has been confirmed. In an interview, Christoph Hartmann, Amazon Games' …
May 15, 2023, 3:35 p.m.
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European Commission Greenlights Microsoft's Acquisition of Activision Blizzard
The European Commission has granted its final approval for Microsoft's acquisition of Activision Blizzard, following the company's commitment to address concerns in the cloud gaming market. After conducting an in-depth investigation, the commission found that some initial concerns were unfounded, including the potential for Microsoft to withhold games from PlayStation consoles in Europe. However,…
May 15, 2023, 3:04 p.m.
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UK Sales of Xbox Series S and X Surpass 2 Million Mark, Outpacing Nintendo Switch
According to data from GfK, the Xbox Series S and X have collectively sold over two million units in the UK, accomplishing this milestone in 128 weeks and garnering £696 million in revenue. This places the console as the eighth fastest-selling home console in UK history, narrowly edging out the Nintendo Switch, which took 140 weeks to reach the same sales figure. The Xbox One remains the fastest-…
May 15, 2023, 12:12 p.m.
News
Deviation Studios Hit by Significant Layoffs Affecting Up to 90 Employees
Reports have emerged that Deviation Games, an independent AAA game development studio, has undergone a round of layoffs. Several team members have taken to social media to announce their departure from the studio, including key personnel such as principal technical artist Christopher Berry, associate producer Jared Bailey, and software engineer Kyle Perras. According to Perras, the layoffs were a…
May 15, 2023, 8:33 a.m.
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Lawsuit Alleges Gender Bias at Super Free Games
A recent lawsuit filed against Super Free Games (SFG) claims the company has a history of discriminatory practices against women. The lawsuit, filed in the San Francisco Superior Court, was initiated by a former employee who was let go after years of allegedly experiencing inequality. Despite her long tenure at the company, dating back to 2016, the former employee asserts that she was repeate…
May 12, 2023, 9:11 p.m.
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Open Roads Team Parts Ways with Fullbright
The development team behind Open Roads has officially severed ties with Fullbright, the game studio where the project originated. According to Polygon, the team, now rebranded as The Open Roads Team, will continue its partnership with publisher Annapurna Interactive. This split was confirmed by Fullbright co-founder Steve Gaynor in a recent update, stating that it is no longer appropriate for Ful…
May 12, 2023, 6:27 p.m.
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Nexon Sees 36% Boost in Q1 Sales, Thanks to Blue Archive
Nexon has unveiled its Q1 earnings, revealing substantial growth that surpasses forecasts for both revenue and net income. Key figures include: Revenue of ¥124 billion ($915 million), marking a 36% year-on-year increase, and Net income of ¥53.3 billion ($393 million), up 33% year-on-year. The company's performance was largely driven by the success of specific titles in key markets. FIFA Online 4 …
May 12, 2023, 6:12 p.m.
News
Square Enix Reports 6% Decline in Annual Sales
Square Enix has published its financial results for the year ending March 31, revealing a 6% decrease in annual sales, which totaled approximately $2.5 billion. Key highlights from the report include: - Annual sales: ¥343 billion ($2.54 billion), representing a 6% year-over-year decrease - Profit: ¥49.3 billion ($364 million), down 3% from the previous year - Digital Entertainment reven…
May 12, 2023, 3:39 p.m.
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UK Watchdog Tightens Grip on Microsoft and Activision Blizzard with New Restrictions
Following its decision to block Microsoft's proposed acquisition of Activision Blizzard last month, the UK's Competition and Markets Authority has introduced additional constraints on both companies. An interim order issued by the regulator outlines new rules that prohibit Microsoft and Activision Blizzard from acquiring a stake in each other without prior written consent. This includes investing…
May 12, 2023, 9:30 a.m.