Other

Belka Games has joined a growing list of studios that have conducted mass layoffs this year. The Cyprus-based mobile developer decided to cut several dozen workers.

According to the Serbian Gaming Association (SGA), there are 3,400 registered game developers in the country by the end of 2023. This is 98% more than it was a year earlier. At that time, there were 1,700 specialists in the local industry.

The Swedish holding company Thunderful Group continues to dispose of assets. A month after the sale of the publisher Headup Games, the company agreed to sell Nordic Game Supply.

At the beginning of the week, the authors of the Songs of Conquest turn-based strategy inspired by Heroes of Might and Magic announced that the game will reach release on May 20, 2024. After that, gamers began to actively add the title to their wish lists.

Job search ads from Belka Games employees began appearing en masse on LinkedIn yesterday. Judging by them, the cuts primarily affected line specialists.

Songs of Conquest, a turn-based strategy game inspired by classic titles in the genre, will leave Early Access next month. Judging by its metrics, it is in for a really strong launch.

The GEM Capital team has expanded, according to VentureBeat. The advisory board of the investment group includes the CEOs of three companies at once: Mundfish, Gameram and AppMagic.

The developers of soulslike about the hermit crab Another Crab’s Treasure announced that the initial sales and reception of the game exceeded their wildest expectations.

On the evening of April 26, the medieval town planner Manor Lords was released in early access — the most desired game on Steam in recent times, which has collected more than 3 million vishlist. His online immediately grew to huge values.

Manor Lords, which was the most wishlisted upcoming game on Steam, has just launched in Early Access. It has already amassed a huge audience in just the first few hours, so let’s take a closer look at the numbers.

Market intelligence platform InvestGame has analyzed gaming deal activity in the first quarter of 2024. Here are the key trends for various segments, including acquisitions and private investments.

The analytical company InvestGame has published a report on gaming transactions based on the results of the first quarter of 2024: we are talking about private investments, M&A and public offerings. According to the report, investors remain cautious, but there are signs of improvement in the market situation.

Pokémon GO has been leading the AR segment on mobile for eight years now. According to AppMagic, the game has surpassed $8 billion in lifetime player spending.

Adsup marketing agency decided to help marketers and application developers. It has published a guide on mobile traffic sources and working with them.

Microsoft has released its financial report for the third quarter ended March 31, 2024. Here is how the company’s video game division performed in the three-month period.

Niantic and Capcom have announced that the mobile AR game Monster Hunter Now has officially crossed a major new milestone. It has collected 15 million downloads in seven and a half months since its release.

Eight years after its release, Pokémon GO remains the highest-grossing mobile AR game in the world. The AppMagic analytical service estimated that the total user spending in it exceeds $ 8 billion* with 656.6 million downloads.

Microsoft has published a report for the third quarter of fiscal 2024 (January-March 2024). According to him, Activision Blizzard helped the gaming division of the corporation achieve impressive revenue growth.

Don’t Starve developer Klei Entertainment has just released its new game, action roguelite Rotwood. Let’s take a closer look at its initial numbers and player reception.

Backpack Battles has become one of the surprise indie hits of 2024. In its first month, the inventory management auto battler reached an impressive milestone of 640k units sold on Steam.

May 31 will be the last working day at Remedy Entertainment for the company's chief operating officer Christopher Schmitz. He will retire after five years of work.

Capcom has revised its outlook for the full-year ended March 31, 2024. The Japanese publisher expects its annual revenue and profit to hit new record highs.

Metacore closed 2023 with an operating loss of 5.6 million euros. This was announced in an interview with MobileGamer by Mika Tammenkoski, CEO of the Finnish studio.

Indie studio PlayWithFurcifer and publisher IndieArk spoke with gaming expert Simon Carless. They revealed the statistics of the PvP autobatcher Backpack Battles and told how the game managed to succeed.

Paradox Interactive has released its report for the first quarter of 2024 ended March 31. The publisher posted stable financial results, also admitting that the quality of its games should be more consistent.

Capcom has revised its forecast for the last fiscal year (April 2023 — March 2024). It expects its revenue and operating profit to reach new record levels.

The Swedish company Paradox Interactive has released a financial report for the first quarter of 2024, which ended on March 31. We have chosen the main thing.

Nintendo's lawyers drew attention to Garry's Mod sandbox. They demanded that content related to the intellectual property of the Japanese company be removed from the game.

We analyze in detail one of the main novelties of spring in the mobile games market.

11 bit studios is celebrating the sixth anniversary of Frostpunk. The survival city builder’s lifetime sales have now surpassed 5 million copies.

With the PC and console market dominated by evergreen live service hits and established franchises, it is interesting to see how many new releases are able to compete with them. Newzoo has shared some data on the top games by revenue in the first quarter of 2024.

Apple and Epic Games will face another trial in court. A hearing will be held on May 8, during which Epic Games will try to prove that Apple violated the court order.

Analyst Serkan Toto from Kantan Games has compiled the top 9 best Western mobile game publishers in terms of revenue in the Japanese market.

The Games Workshop company, which owns the rights to the Warhammer universe, announced that financial director Rachel Tongue sold 7.5 thousand shares owned by her for 711.7 thousand pounds, or about 885 thousand dollars. She got rid of the shares shortly after a scandal broke out in the Warhammer 40,000 community over changes to Laura.

Unreal Engine 5.4 has been officially released. The new version of Epic Games’ technology introduces new features and many improvements to built-in animation tools and overall performance.

Epic Games has officially released an updated version of the Unreal Engine — 5.4. It has significantly improved the quality of animation and improved rendering performance.

Valve has just updated Steam’s refund policy. It will now count playtime even before the game’s global release date, making it more difficult for players to abuse the system.

Valve has made changes to the refund policy on Steam. She began to take into account the time spent by the user in the game during the extended access period.

The hard times in the gaming industry continue. Flaming Fowl Studios, founded by Lionhead Studios veterans, has reported financial problems.

Atari has suddenly launched a new publishing label under the revived Infogrames brand. And it has already announced its game acquisition.

KRAFTON has invested money in the Polish studio Far From Home, known for cooperative survival on the Forever Skies airship. She announced the purchase of a minority stake.

No Rest for the Wicked had a strong debut on the Steam charts, outperforming many popular premium and free-to-play titles. Let’s take a close look the top games by gross revenue for the previous week.

tinyBuild has published a financial report for 2023. Its revenue was much lower than in 2022. The company also failed to make an operating profit.

tinyBuild has released its report for the fiscal year ended December 31, 2023. The company saw declines in all major business metrics, while sticking to its new long-term strategy aimed at improving its operations.

The new Moon Studios game has become one of the highest-grossing projects on Steam over the past week. No Rest for the Wicked started from the fifth place in the Steam sales chart, taking into account free games. If you exclude them, then she will be in third place.

Bethesda's French office ceased to exist after 12 years of operation. The company has not officially announced the closure of Bethesda France, but former employees of the division are already writing about it on social networks.

Meta* Corporation has announced a major change in its business strategy related to virtual reality. She began licensing the Meta* Horizon OS operating system to other VR headset manufacturers.

Gas Station Simulator has reached a new milestone. Polish developer DRAGO entertainment has revealed that the game has generated over $10 million in revenue on Steam alone since its launch in September 2021.

The Early Access version No Rest for the Wicked, a new action RPG from Moon Studios, launched on Steam last week. Despite technical issues and initially mixed reception from players, the game has already managed to reach a relatively large audience.

Polish studio DRAGO Entertainment has announced a new achievement of the tanker simulator Gas Station Simulator. According to the developers, since the release, the total revenue of the Steam version of the game and add-ons for it has exceeded $ 10 million.