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Chinese Gaming Industry Association Advocates for Stricter Regulations on Youth Gaming
The China Audio-Video and Digital Publishing Association, a semi-official trade body for the country's gaming industry, has emphasized the need for more stringent controls on the time and money spent by minors on video games. This call to action was made by the association's secretary general, Ao Ran, during a recent two-day conference in Guangzhou, as reported by the South China Morning Post. Si…
Feb. 14, 2023, 10:08 a.m.
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Epic Games Files Appeal in India to Promote Third-Party App Stores on Google Play
Epic Games alleges that Google is failing to adhere to the Competition Commission of India's ruling, which mandates the allowance of third-party stores on the Google Play platform. According to a recent report, Epic Games has filed an appeal with an Indian court, stating that it has been hindered by Google's non-compliance with the directive, as it seeks to launch its own store on Google Play in …
Feb. 14, 2023, 9:53 a.m.
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European Gaming Market Sees PS5 Sales Surge 200% in January
Last month, 12.1 million games were sold across Europe, representing a 19% decline from the same period the previous year, according to GSD market data, which tracks physical and digital game sales in major European markets. For more information, see the full details at the end of the article. The significant drop in sales can be attributed to the absence of Pokémon Legends: Arceus, a massive hit…
Feb. 14, 2023, 8:10 a.m.
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China Issues 87 New Gaming Licenses in February
In February, Chinese authorities granted licenses for 87 new video games. According to the South China Morning Post, prominent companies such as Tencent and NetEase received approval for their titles. To date, a total of 175 game licenses have been approved in 2023. In the previous year, regulators gave the green light to 468 domestic games and 44 imported titles. The latest approvals come after …
Feb. 13, 2023, 6:16 p.m.
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US Gaming Market Sees 5% Decline in January, Reaching $4.3 Billion
In January, the US gaming industry experienced a 5% year-over-year decrease in consumer spending, with total expenditures amounting to $4.3 billion, as reported by NPD data. The majority of the revenue, approximately 88%, stemmed from software sales, which generated $3.79 billion. Meanwhile, hardware sales remained steady at $393 million. The PlayStation 5 took the top spot in console sales in te…
Feb. 13, 2023, 3:51 p.m.
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Microsoft Admits Game Pass Negatively Impacts Game Sales
A recent report from the UK's Competition and Markets Authority contains a statement from Microsoft acknowledging that adding games to its Game Pass subscription service results in a decline in sales for those titles. According to the report, Microsoft's internal analysis indicates a decline of [redacted]% in base game sales within twelve months of a game being added to Game Pass. This finding co…
Feb. 13, 2023, 3:42 p.m.
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Original Creators of Metroid Prime Overlooked in Remastered Version's Credits
The re-release of Metroid Prime has sparked controversy by omitting the names of its original developers from the credits. Zoid Kirsch, a senior engineer who worked on the 2002 game, took to Twitter to express his disappointment, stating that instead of a full list of credits, the remastered version simply acknowledges the work of the original development staff with a single line. Kirsch acknowle…
Feb. 13, 2023, 12:03 p.m.
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Activision CEO Kotick to Remain in Position if Microsoft Acquisition Fails
According to sources, Bobby Kotick will continue to serve as CEO of Activision Blizzard if the proposed acquisition by Microsoft falls through due to regulatory hurdles or is canceled altogether. This information comes from sources familiar with the matter, who stated that Kotick will 'absolutely remain at the gaming giant to run the company' even if the $68.7 billion deal is unsuccessful. The fu…
Feb. 13, 2023, 11:33 a.m.
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EA Nears £488m Agreement with Premier League for Future Football Games
According to recent reports, Electronic Arts is on the verge of securing a significant partnership with the Premier League, enabling the company to feature the league's teams in its upcoming EA Sports FC series. The deal, valued at approximately £488 million, is expected to span six years. This development was reportedly shared with the 20 Premier League clubs on Friday, with the partnership pois…
Feb. 13, 2023, 10:10 a.m.
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February 2023 Jobs Roundup: Notable Hires in the Gaming Industry
The gaming industry has seen a flurry of new appointments and transitions. To keep track of these developments, we have compiled the latest updates. If your company has recent hires or promotions to share, please send the details to newhires@gamesindustry.biz. JumpButton Studio has named Jay-Ann Lopez as its Chief Operating Officer. Lopez, who founded the Black Girl Gamers foundation in 2015, bri…
Feb. 10, 2023, 5:32 p.m.