Embracer Group Sells Gearbox Entertainment For Parts To Take-Two Interactive

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After Gearbox Entertainment CEO Randy Pitchford all but denied rumors that Embracer Group was selling them off earlier this month, a press release now confirms that the Swedish video game holding company did just that. Most of Gearbox and its exclusive IPs have now been acquired by Take-Two Interactive in a $460 million stock deal. Gearbox Entertainment is now part [...]

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Microsoft Says Video Game Industry Stagnation Partly To Blame For Mass Layoffs

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Since Microsoft announced plans to layoff nearly two thousand employees across its gaming division, it’s given the public plenty of reasons for doing so. As is the case with other video game companies, it all boils down to ballooning game development costs and the lack of projected growth in the video game industry, which Microsoft Gaming CEO Phil Spencer acknowledged [...]

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NetEase And Marvel Announce New Team-Based Multiplayer Shooter Marvel Rivals

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NetEase and Marvel have teamed up once again to work on a new free-to-play team-based PvP shooter called Marvel Rivals. “Marvel Rivals is a Super Hero team-based PVP shooter! Assemble an all-star Marvel squad, devise countless strategies by combining powers to form unique Team-Up skills and fight in destructible, ever-changing battlefields across the continually evolving Marvel Universe!” It’s basically a [...]

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Embers Adrift’s 2024 Development Roadmap Reveals Priority Features And Updates

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Over the past few months, Stormhaven Studios has turned Embers Adrift into a haven for solo players with the addition of solo dungeon loops spanning its entire range of levels, with more coming in the near future according to its 2024 development roadmap. The roadmap doesn’t offer exact dates or release windows, but categorizes new features and content improvements to [...]

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Third-Person MOBA Shooter ‘Predecessor’ Launches Into Open Beta On PC And Consoles

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MOBA shooter Predecessor has officially launched into open beta on PC and consoles, hoping to fill the void that Paragon left behind when it shut down in 2018. The game uses the same assets as the now-defunct title, which Epic Games graciously made available as part of Unreal Engine 5’s developer toolkit. Players can choose from over 30 playable heroes, [...]

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