Lords of the Fallen publisher CI Games has announced another round of layoffs, with 30 more employees being let go from the company as part of a restructuring effort… Continue reading
Tag: Gaming Industry
Sega has released its financial information for the fiscal year ending in March 2024, and while profits are up, the in-depth picture is a bit more complicated than… Continue reading
Xbox head Matt Booty has called for his studios to develop “smaller games” that attract “prestige and awards”, just a day or so after closing four Xbox studios…. Continue reading
Kadokawa, the parent company of Elden Ring developer From Software, has released its financial results for the 2023-24 fiscal year, and sales and profits are both down in the gaming… Continue reading
Konami has announced its financial results for the 2023-24 fiscal year, and it looks like it’s been a year of record profits for the Metal Gear Solid and Silent Hill publisher. Per… Continue reading
Capcom has released its financial statement for the 2023-24 fiscal year, and the company says it’s enjoyed a seventh straight year of record profits, driven largely by the… Continue reading
EA is to spend around $5 billion on a share buyback scheme to make its stockholders happy over the next three years, despite the fact that it recently… Continue reading
A new report has emerged which suggests that the long-awaited Redfall offline update was potentially just weeks away from launching before Microsoft shuttered Arkane Austin yesterday. Arkane Austin was one… Continue reading
Remedy Entertainment, the studio behind Alan Wake 2 and Control, has announced that it’s canceled the secretive Codename Kestrel, a multiplayer game being worked on in conjunction with Tencent. In an… Continue reading
Microsoft has closed four of its internal studios, including Redfall and Prey developer Arkane Austin and Hi-Fi Rush studio Tango Gameworks. In an internal email seen by IGN, Xbox Game Studios head Matt… Continue reading