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Fortnite developer Epic Games will pay a total of US$540 million to settle allegations made by the Federal Trade Commission (FTC). According to the FTC, the fine is due to two separate "record-breaking" settlements. One is a US$275 million fine for violating the Children's Online Privacy Protection [COPPA] rule, which imposes limitations on webs...
Publisher Thunderful Games has acquired Somerville developer Jumpship. Under Thunderful Games, Jumpship will retain creative autonomy and continue to develop “top-class story-driven narrative games.” Jumpship was originally founded in 2017 by Chris Olsen alongside Playdead ex-CEO and co-founder Dino Patti. Following the acquisition, Patti w...
Nintendo has announced that they are establishing a new joint venture company with mobile games company DeNA, which will launch on 3 April 2023. For those unfamiliar, DeNA co-developed and handles the service infrastructure and Nintendo Account integration for various Nintendo titles available on mobile platforms like iOS and Android, including ...
It looks like earlier reports and premature rumours of the Amazon EA acquisition turned out to be inaccurate. It all started when USA Today sources claimed that Amazon will formally announce its offer to purchase EA earlier today. However, CNBC has since refuted that claim. Speaking on CNBC, reporter David Faber said: "I have talked to some ...
Does gaming longer make you happier? How many hours of gaming in a day would it take to make you happy? One, two, three, 24? Well, according to a study made by the Oxford Internet Institute (via BBC), gaming longer does not make you happier. The research conducted by the Oxford Internet Institute on a whopping 39,000 gamers was to investigate ho...
Earlier this year, the Entertainment Software Association (ESA) announced that E3 2022 has been completely cancelled. However, they later confirmed that E3 2023 will still happen. Now we know more details, courtesy of Variety. The Entertainment Software Association, the organisers of E3, also announced a partnership to produce E3 2023 with Reed...
How the mighty have fallen. It looks like things aren't looking good for Pokémon Go developer Niantic. According to a Bloomberg report, Niantic CEO John Hanke informed the company that 8 percent of the staff was being laid off, around 85 to 90 people, and have cancelled four projects. One of those projects was Transformers Heavy Metal. Another ...
THQ Nordic has established a new office in Southeast Asia; specifically in Singapore. The new base will be tasked with serving the region, specifically with public relations, marketing, and securing of Southeast Asia content region. The SEA markets that will be sorted by THQ Nordic Singapore include: Singapore (duh) Malaysia Thailand ...
It was originally reported that the Chinese government would be starting another round of approval process for games back in November 2021. After several months, that has finally happened. According to a report from Reuters, China's gaming regulator approved the publishing licenses of 45 games in the country. These 45 games include Baidu and XD...
Gamescom asia 2022 is back from 20 to 23 October 2022 after its prelude debut in 2021, continuing the successful hybrid model with a larger-scaled physical Trade Zone, Conference, and a physical Entertainment Zone for the first time. Online segments will still be made available to serve a worldwide audience. Mathias Kuepper, Managing Director of...
Many gamers around the world remain skeptical of cloud gaming as a whole, but according to statistics provided by Newzoo, the new tech is growing rapidly. Cloud gaming generated US$1.5 billion from 21.7 million paying users in 2021. According to the same report, paying users will almost triple to 58.6 million while revenues will quadruple to US$...
The Entertainment Software Association (ESA) has announced that E3 2022 has been completely cancelled, including the previously-announced online event. In a statement to Polygon, the ESA said: E3 will return in 2023 with a reinvigorated showcase that celebrates new and exciting video games and industry innovations. We previously announced th...
It seems like almost every company in the video games industry is currently evaluating going into NFTs or the Metaverse. However, the backlash against NFTs and the Metaverse has made their sales and adoption slower than expected. According to statistics provided by a recent report from Newzoo, this will change soon. While many companies have exp...
Tencent Games has announced the launch of Level Infinite, a new brand dedicated to delivering high-quality games to a global audience. Level Infinite is based in Amsterdam and Singapore with staff around the world. It will provide studio support and services, from technology to production assistance, “Games as a Service†(GaaS) and loca...
There you have it, folks. The full trinity of the games industry has now voiced out against the toxic reports and issues at Activision Blizzard. It started with Sony and then, Xbox, shortly after. Now, Nintendo has finally joined the fray. According to a report by Fanbyte, Doug Bowser expressed concern over the ongoing problems at Activision ...
Take-Two Interactive has reported that they experienced lower sales. For the three months ending on 30 June 2021, revenue was down 2 percent to US$813 million with net bookings down 29 percent to US$711 million. According to statistics provided by GamesIndustry.biz, net income for the quarter was up 72 percent year-over-year to US$152 million. T...
The global games market is growing so fast that the video games industry is expanding at such an incredible rate. According to the 2021 Global Games Market Report from Newzoo (via VentureBeat), it will grow from US$175.8 billion in 2021 to more than a whopping US$200 billion in 2024. With an army of more than three billion gamers around th...
It's not surprising that the video games market is being dominated more and more by mobile games. Anyone with a mobile device can potentially be someone who plays mobile games, while other games require powerful PCs or exclusive consoles. The widespread inclusivity of mobile games is likely why mobile game revenue is now bigger than those of PC and...
Former Nintendo of America president Reggie Fils-Aimé is already stepping down from GameStop’s board of directors after just about one year. According to VGC, the news was confirmed in a filing GameStop made to the US Securities and Exchange Commission. The filing lists Fils-Aimé as one of eight directors who is expected to retire f...
Women represent half or more of the global gaming population, but they're still not receiving proper representation in the games industry. The Singapore Games Association, in partnership with Ambassade De France A Singapour, is hosting an online lecture series that aims at tackling gender inequality in the gaming industry. The first session â...
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