Bootstrap Gallery
  1. Home
  2. News
Latest News News 🔥
News
Rovio Expands to Barcelona with New Office
Rovio, the renowned studio behind Angry Birds, is establishing a new office in Barcelona, Spain, to collaborate on existing titles. The Barcelona team will work in close conjunction with Rovio's Finnish headquarters, providing development support for games such as Angry Birds Friends and Dream Blast. According to Rovio, Barcelona offers a vibrant pool of mobile gaming talent, although the exact l…
Oct. 28, 2022, 12:06 p.m.
News
Deathloop Dominates the 2022 IGDA Global Industry Game Awards
The International Game Developers Association hosted the 2022 Global Industry Game Awards, with Arkane's Deathloop emerging as the night's biggest winner, claiming 13 awards across various categories including art, audio, design, technology, and support. Hazelight Studios' It Takes Two followed closely with ten awards, including engineering, art, design, support, and writing categories. Insomniac…
Oct. 28, 2022, 11:47 a.m.
News
Japan Release of The Callisto Protocol Abandoned
The launch of the forthcoming horror game, The Callisto Protocol, has been cancelled in Japan due to the game's inability to secure an age rating from the Japanese Computer Entertainment Rating Organisation. An official statement from the game's Japanese Twitter account announced the cancellation, citing the inability to pass the CERO rating as the reason. The decision was reportedly made after t…
Oct. 28, 2022, 11:15 a.m.
News
Microsoft Game Pass Subscriptions Miss Projected Targets
Microsoft's Game Pass subscription service has failed to meet its growth projections for the second consecutive year. According to a recent filing, the company had set a target of 73% growth for the fiscal year 2022, but achieved only 28% growth. This shortfall is notable, as the targets were tied to performance incentives for CEO Satya Nadella and other executives. Although specific Game Pass us…
Oct. 28, 2022, 10:04 a.m.
News
Pioneering Sega Developer Rieko Kodama Passes Away
Renowned Sega game designer and producer Rieko Kodama has passed away at the age of 58. A tribute to Kodama was discovered in the staff credits of the Sega Genesis Mini 2 and shared on social media. According to IGN, Kodama's passing occurred on May 9, although details surrounding her death have not been disclosed out of respect for her family. Kodama's journey in the gaming industry began in 198…
Oct. 27, 2022, 8:24 p.m.
News
October 2022 Jobs Roundup: Embracer Freemode Appoints Activision Alum Brian Bright to Leadership
The games industry has seen a flurry of new appointments and transitions, making it challenging to stay up-to-date. To help, we've compiled the latest round-up of industry moves. If your company has any new appointments or transitions to share, please send the details to newhires@gamesindustry.biz. Veteran game developer Brian Bright has joined Embracer Freemode as Principal Design Director, brin…
Oct. 27, 2022, 6:43 p.m.
News
Ubisoft Experiences Slight Decline in First-Half Sales, Yet Surpasses Q2 Projections
Ubisoft has released its first-half sales report, revealing a slight decline in revenue, yet the company has surpassed its Q2 guidance thanks to robust back-catalog sales. Key highlights include: - Revenue: €731 million, representing a 3% year-over-year decrease - Net bookings: €699 million, also down 3% year-over-year - Operating loss: €215 million, a significant drop from the €25.9 mi…
Oct. 27, 2022, 4:51 p.m.
News
Meta Experiences Significant Decline in Q3 Profits
In the third quarter, Meta saw substantial year-over-year drops in both net and operating income, while revenue also declined, albeit to a lesser extent. The company released its quarterly financial results, which ended on September 30, and the key takeaways are: $28 billion in revenue, representing a 4% decrease from the previous year; $5.6 billion in operating income, a 46% decline; and $4.4 bi…
Oct. 27, 2022, 3:43 p.m.
News
Hiro Capital Backs New Gaming Studio Founded by Mythic Entertainment Veterans
Hiro Capital, a leading venture capital firm, has announced a significant investment in Loric Games, a newly formed studio comprised of seasoned developers from Mythic Entertainment. Founded in March by renowned industry veterans Brian Johnson, Ray Soto, and Rob Denton, Loric Games is poised to make a significant impact in the gaming industry. Johnson and Soto bring extensive experience from the…
Oct. 27, 2022, 1 p.m.
News
Jagex Achieves Record-Breaking £125m Revenue in 2021
Jagex has unveiled its 2021 financial highlights, boasting a record revenue of nearly £125 million. This marks a 4% increase from the previous year and the company's seventh consecutive year of growth. The success is largely attributed to the flagship franchise RuneScape, which experienced its highest number of paid subscribers in 2021. According to Jagex CEO Phil Mansell, the company's acquisiti…
Oct. 27, 2022, 9:23 a.m.