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Game Company That's Buying Everything Does Heel Turn, Goes All In On 'Exploiting Lord Of The Rings'
13.6.2023
Embracer Group, a Swedish holding company, has spent the last several years buying up some of the best known studios from Gearbox (Borderlands) to Crystal Dynamics (Tomb Raider) and willing itself into becoming one of the biggest publishers in gaming. Now, after suddenly losing out on $2 billion...
GameStock Fires CEO As Meme Stock Plummets
7.6.2023
GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more
RPG Starts Offering Refunds For People Sick Of Waiting Years For It To Come Out
7.6.2023
After years of silence on the game, Vampire: The Masquerade - Bloodlines 2 publisher Paradox Interactive has finally revealed a few new screenshots to hint at its ongoing development. At the same time, the company has offered refunds to anyone who pre-ordered the sequel, people who in some cases...
The Sad, Final Fantasy-Related Irony Over Sonic Co-Creator's New Prison Sentence
2.6.2023
Yuji Naka, the Sonic Team co-founder and Balan Wonderworld director, may face up to two years of jail time due to insider trading stocks regarding Dragon Quest Tact and Final Fantasy VII: The First Soldier. For context, that second game is a mobile battle royale spin-off that was released and shut...
Meta Reveals Quest 3, A Sleeker VR Headset With Notable Upgrades
1.6.2023
Facebook, I mean, Meta, has officially announced the long-rumored Quest 3, its next virtual reality headset. The Quest 3, the successor to the most popular VR headset so far, will be out later this year starting at $500. Read more
Meta's Popular Quest 2 VR Headset Pricing Is A Roller-Coaster
1.6.2023
Did you think Mark Zuckerberg’s Meta was done with its soon-to-be old virtual reality headset? Think again. The company formerly known as Facebook announced the popular Oculus Quest 2 will get an upgrade and see its price slashed by $100, bringing it back down to where it was a year ago before Meta...
9 Things We Just Learned About Sony’s Big Playstation Plans
24.5.2023
With the wind at their back, Sony Interactive Entertainment CEO Jim Ryan and head of PlayStation Studios Hermen Hulst recently presented the state of the PlayStation 5 ecosystem to investors and hinted at what’s coming in the near future. Among other things, the company promised new IPs, more...
Sources: Ubisoft Open-World Star Wars Game May Be Sooner Than You Think
22.5.2023
Star Wars takes place in a galaxy far, far away. But Ubisoft’s first video game adaptation of the beloved sci-fi franchise could be just around the corner. Kotaku has learned the French publisher’s open world game is currently targeting a projected release date in early 2024 as the company...
GTA Publisher’s Boss Not Seeing Any ‘Pushback’ On $70 Games
20.5.2023
During Take-Two Interactive’s recent earnings call with investors, CEO Strauss Zelnick was asked about other publishers selling AAA games at a discounted price shortly after launch. His company has been one of the many to start charging $70 for games, and at least according to him, he hasn’t seen...
Linus Is Stepping Down As CEO Of Linus Media Group
19.5.2023
Canadian YouTuber Linus Sebastian, best known to most as the guy behind the insanely popular Linus Tech Tips channel, has announced that he’s stepping down as CEO of the companies he helped create and has been running for the past ten years.Read more
GTA VI Publisher Suggests 2024 Will Be A Very Profitable Year (Wink, Wink)
18.5.2023
Grand Theft Auto VI, the next entry in the popular open-world franchise from Rockstar Games, might be coming out as soon as next year based on some big numbers found in a new earnings report. Read more
Microsoft Activision Deal Might Not Be Dead After All, Approved In Europe
15.5.2023
Last month, regulators blocked Microsoft’s purchase of Activision Blizzard in the UK, seemingly spelling doom for the $69 billion deal. On May 15, however, European Union regulators announced it has been approved on the continent, giving the gaming companies some fresh momentum as they seek...
Report Says Pokémon Go Hit Its Lowest Revenue In 5 Years, But Niantic Denies It
5.5.2023
Pokémon Go finds itself in a new controversy, this time over whether or not is revenue is down. Using data from market research tool AppMagic, Mobilegamer.biz reported that Pokémon Go’s revenue for the month of April was down to $34.7 million, which would be the game’s lowest monthly total since...
Blockbuster Game Development Costs Are Out Of Control
1.5.2023
The production of big-budget games has felt unsustainable for a while now, and all evidence points to major blockbusters only getting more expensive in the years to come. Testimony in the regulatory fight over Microsoft’s acquisition of Activision Blizzard shows that game publishers are spending...
People Aren’t Buying McDonald's Fries Because The Economy Sucks
28.4.2023
During a Tuesday earnings call, the bigwigs over at the clown delicatessen, McDonald’s, discussed super important business-y things like the economy and trends among its hungry patrons. Turns out Ronald McDonald’s peckish customers are even bigger ballers on a budget than they’ve been in the past...
PS5 Sales Are Unstoppable, And Sony Thinks It's Just The Start
28.4.2023
The PlayStation 5 continues to outperform Sony’s wildest expectations. The console manufacturer announced another banner year for hardware sales, including over 6 million in the last quarter alone. With Spider-Man 2 just around the corner, Sony says it’s planning to sell an unprecedented 25 million...
UK Blocks Microsoft Activision Deal Over Game Pass
26.4.2023
The UK’s Competition and Markets Authority (CMA) announced its decision to block Micorosft’s $69 billion acquisition of Activision Blizzard on Wednesday citing concerns it would hurt competition in the growing cloud gaming market where Microsoft dominates thanks to Game Pass. It’s a shocking turn...
Microsoft Is Struggling To Sell Xboxes, Again
26.4.2023
Two years in, Microsoft’s Xbox Series X/S is already losing steam. The tech giant reported on Tuesday that revenue from console hardware sales was down 30 percent from the same time in 2022 after big games like Starfield got delayed. Game Pass didn’t seem to be making up the difference. Read more
MMO Players Take Over Company, Steal $20,000 Worth Of Stuff
13.4.2023
EVE Online is, for some, a video game they play. For the rest of us it’s a crime beat, an MMO we only ever read about when someone does something nefarious, and today’s coverage of the game is another shining example in the genre.Read more
Snoop Dogg Bails As Faze Clan Circles The Drain
5.4.2023
Faze Clan, which as recently as last year seemed an unstoppable cultural force for the genre of dudes who both play video games and aspire to own lambos, is in trouble. As we’ve reported, the clan’s decision to go public has been a disaster, with their shares now practically worthless, but as...