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Nexon Achieves Historic Global Launch with Arc Raiders
Nexon has released its Q3 financial results, showcasing robust performances from its main franchises despite experiencing a decline in revenue and operating income. For the quarter ending September 30, 2025, key financial highlights include: revenue of ¥118.7 billion ($767 million), representing a 12% year-on-year decrease; operating income of ¥37.5 billion ($242.3 million), down 27% year-on-year…
Nov. 13, 2025, 9:23 a.m.
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Introducing Steam Frame: Valve's Latest VR Headset with Android Game Support
Valve has unveiled its innovative wireless VR headset, Steam Frame, which boasts compatibility with Android games. In a recent interview, the company revealed its goal of creating a unified gaming experience, where users can effortlessly play games without worrying about their origin. This is made possible by Steam Frame's ability to utilize existing Android APKs, allowing developers to port mobi…
Nov. 12, 2025, 9:43 p.m.
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Sega Boosts Japanese Employee Salaries by 10%, Citing Human Resources as Crucial to Mission
Sega has announced a 10% salary increase for its Japanese workforce, including new hires, effective April 1, 2026. The company aims to create a more comfortable working environment and strengthen its global competitiveness. According to Sega, its mission to 'Empower the Gamers' relies heavily on human resources, and the company is working to establish a flexible compensation system that rewards e…
Nov. 12, 2025, 9:09 p.m.
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Union Files Lawsuit Against Rockstar Over Alleged Union-Busting
The Independent Workers' Union of Great Britain has taken legal action against Rockstar Games, accusing the company of unfairly dismissing employees and engaging in union-busting activities. This move comes after Rockstar reportedly let go of 30 to 40 staff members, citing the leak of confidential information as the reason. However, the union claims that these dismissals are linked to union activ…
Nov. 12, 2025, 7:19 p.m.
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Valve Unveils Trio of New Steam Devices: Steam Machine, Steam Frame VR Headset, and Enhanced Steam Controller
Valve has officially announced the launch of three innovative hardware products: the Steam Frame VR headset, a revamped Steam controller, and a next-generation Steam Machine. Following online speculation, Valve has now formally introduced these new devices, emphasizing that they are designed to work seamlessly together, optimized for Steam while maintaining their status as open platforms. The new…
Nov. 12, 2025, 6:25 p.m.
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Sony's Expectations for Destiny 2 Fall Short Following Bungie Acquisition
Following its $3.6 billion acquisition of Bungie in 2022, Sony has expressed that Destiny 2 has not met its expected sales and user engagement levels. This was revealed during the company's latest financial results, which included an impairment loss related to a portion of Bungie's assets tied to Destiny 2. According to Sony's CFO, Lin Tao, while improvements are being made, the business projecti…
Nov. 12, 2025, 1:38 p.m.
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Nexon's CEO Emphasizes the Importance of Assuming Widespread AI Adoption in the Gaming Industry
In the wake of the Arc Raiders launch and the ensuing debate over the use of generative AI, Nexon's CEO, Junghun Lee, has stated that it is crucial to assume all game companies are leveraging AI technology. This comes as Arc Raiders, developed by Embark Studios and published by Nexon, faces criticism for utilizing procedural and AI-based tools in content creation, as disclosed on its Steam page. …
Nov. 12, 2025, 1:11 p.m.
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Sharkmob Announces Restructuring Efforts, Citing Industry Challenges
Sharkmob, a studio owned by Tencent, has confirmed plans to reduce its workforce at its Malmo studio, currently developing the sci-fi extraction shooter Exoborne. This announcement comes after the London studio was effectively shuttered in 2024 due to the cancellation of an unannounced project, resulting in staff redundancies. In a statement, Sharkmob attributed the restructuring to the current c…
Nov. 12, 2025, 12:27 p.m.
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Sweden's Gaming Industry Sees 6.8% Revenue Growth in 2024
In 2024, the Swedish gaming industry's domestic revenue climbed to SEK 37 billion ($4 billion), marking a 6.8% increase from the previous year. According to the Game Developer Index report by Dataspelsbranschen, total revenue, including international subsidiaries, reached SEK 73 billion ($7.7 billion). However, revenue from these subsidiaries decreased from SEK 42 billion ($4.4 billion) to SEK 36…
Nov. 12, 2025, 11:31 a.m.
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Introducing the Games Growth Guild: A Free Community for Games Industry Marketers and Publishers
The Games Growth Guild, a new global network for games industry marketing and publishing professionals, has officially launched. This platform aims to provide a hub for knowledge sharing, connections, and opportunities, with members exchanging ideas and guidance on topics such as marketing strategies and live events. The guild will host regular talks and in-person events, including a partnership …
Nov. 12, 2025, 10:19 a.m.