Gaming Industry

Gaming Industry Recent News

EA Drops UK Quality Team, Leaves 40 Apex Legends Staffers In Limbo
EA dissolves Apex Legends UK QA team, impacting 40 workers. This move does not appear linked to the layoff of 670 EA employees in February.
China Welcomes Back World Of Warcraft As Blizzard, NetEase Reach Agreement
The duo behind World of Warcraft and other beloved games will make a comeback, following a year of negotiations.
Good News For Gamers: Xbox's Sarah Bond Commits To Game Preservation, Creates 'Dedicated Team' For Future-Proofing Classics
Xbox's Sarah Bond leads reorganization, prioritizing game preservation and integration. Learn about Xbox's future plans and upcoming titles.
Embracer Group Strikes $460M Stock Deal, Sells Gearbox Entertainment To Take-Two
Embracer Group Unsponsored ADR (OTCMKTS: EBCRY) announced the divestment this week of Gearbox Entertainment to Take-Two Interactive Software Inc (NASDAQ: TTWO) for $460 million in a deal expected to be finalized by the
Leak Reveals White Disc-Less Xbox Series X From Microsoft: Report
Leaked images have popped up online showing a white version of the Xbox Series X, and it seems like it won't have a disc drive.
Gaming Industry Layoffs: Nintendo Confirms Testing Department Cuts
Nintendo of America is undergoing significant changes in its testing department amidst a reported slowdown in game development and the apparent delay of the Switch 2.
Microsoft Gaming CEO Phil Spencer Reflects: 'I Don't Want This Industry To Be A Place Where People Can't, With Confidence, Build A Career'
Phil Spencer, the CEO of Microsoft Corp.'s (NASDAQ: MSFT) Gaming division, offered a candid perspective on the current state of the gaming industry.
Xbox 'In Trouble As A Hardware Manufacturer,' Faces Sales Decline In Europe: Report
GamesIndustry.biz's Chris Dring shed light on growing concerns within the gaming industry regarding the future of Microsoft Corp's (NASDAQ:
Survey Reveals 87% Of Game Developers Embrace Open-Source Amid AI Concerns, Layoff Fears
In a recent survey, a resounding 87% of full-time game developers voiced their support for open-source software, signaling a significant shift in the industry's landscape.
Palworld' Success Overwhelms: 'Too Big for Our Studio,' But Pocketpair Open To Acquisitions
The head of Pocketpair, Takuro Mizobe, admitted feeling overwhelmed by the massive profits from their game, Palworld.
Geoff Keighley Sets Summer Game Fest 2024 For June Launch: When To Buy Your Tickets
Summer Game Fest, hosted by Geoff Keighley as an alternative to the defunct E3, is scheduled to return in 2024.
GTA 6 Is Most Important Title In Gaming Industry: Analyst
Circana analyst Mat Piscatella delivered a mixed outlook for the gaming industry, expressing both anticipation and caution for the future.
Exclusivity Is Your Achilles' Heel Beyond $200M Budget, Warns Former PlayStation Exec
The video game industry is grappling with the implications of recent decisions by major players like Microsoft Corp. (NASDAQ: MSFT) and Sony Group Corp. (NYSE: SONY) to broaden their game releases beyond
600 Activision QA Workers Vote To Form Largest US Video Game Worker Union Yet
Around 600 quality assurance (QA) workers employed by Activision under Microsoft Corp. (NASDAQ: MSFT) have successfully formed a union named Activision Quality Assurance United (AQAU) with the support of the
Game Over For Fair Pay: Study Reveals Shocking Gender Pay Gaps, And This Is The Worst Paid State
On International Women’s Day, a recent study highlights the concerning gender pay gaps experienced by women working in game development. In Alaska, for instance, female game developers face significant disparities, earning just 60.6% of what their male counterparts make.
Toys For Bob, Creator Of Spyro, Crash Bandicoot, To Leave Activision
Toys For Bob, the studio celebrated for games such as Crash Bandicoot 4 and the remastered Spyro collection, decided to break away from Microsoft Corp.'s (NASDAQ: MSFT) Activision, aiming to recapture its
PlayStation Feels Industry Pressure: Sony Cuts 900 Jobs, Shuts Down London Studio
Sony Group Corp (NYSE: SONY) has announced a major restructuring, resulting in layoffs affecting approximately 900 employees, or about 8% of its global PlayStation workforc
Elden Ring Sales Still Booming: 23 Million Copies In Two Years
Bandai Namco Hldgs ADR (OTCMKTS: NCBDY) disclosed that its Elden Ring reached a milestone of 23 million sales just days before its second anniversary.
Phil Spencer Reassures Xbox Employees: Consoles Here to Stay — Report
Microsoft Gaming (NASDAQ: MSFT) CEO Phil Spencer reassured employees during a recent all-hands meeting that the company will continue making Xbox consoles.
Sega Issues Financial Warning Over 'Sluggish' Holiday Sales
Sega Sammy Holdings Inc - ADR (OTC: SGAMY) issued a financial warning due to disappointing sales during the crucial holiday season of 2023.
Microsoft Claps Back At FTC, Insists Activision Was 'Already Planning Significant' Layoffs
Microsoft Corp. (NASDAQ: MSFT) has responded directly to the Federal Trade Commission's (FTC) claims regarding layoffs following the acquisition of Activision.
6 Take-Two Analysts Address GTA VI Prospects After Q3 Earnings: 'Rockstar Commits To 2025 Launch'
Take-Two Interactive Software Inc.'s (NASDAQ: TTWO) shares dropped due to a lowered FY25 bookings outlook associated with release timing in its Q3 earnings report.
Americans Boost Video Game Spending To $57.2 Billion, Marking 13% Digital Download Surge
In a recent joint report by the Entertainment Software Association and Circana, it was disclosed that consumer spending on video games in the U.S. amounted to $57.2 billion in 2023, marking an increase year-on-year of nearly $1 billion.