Games Industry News- Page 108 of 123

Belgium Investigating Star Wars Battlefront 2 For Gambling, EA Claims Innocence

November 16, 2017 E Tay Comments

The narrative around the Star Wars Battlefront 2 lootbox controversy took another interesting turn today. The Belgian government has opened an investigation against Electronic Arts and Activision Blizzard over loot boxes. On November 15th when the Belgian Gaming Commission announced it had launched an investigation to determine if loot boxes in Star Wars Battlefront 2 and Overwatch constituted gambling. Companies [...]

PC Peripheral Maker Razer Enjoys Successful IPO

November 13, 2017 E Tay Comments

Razer Inc, perhaps the best known PC peripheral brand among gamers, is now a publicly traded company! Today's IPO has netted Razer over $500 million USD as shares climbed 18% on the first day of trading on the Hong Kong Stock Exchange. That's enough to make founder and CEO Tan Min-Liang, who owns roughly 42% of the company, the world's [...]

EA Caught Up in Lootbox Controversy, Players Upset, Most Downvoted Comment Ever

November 13, 2017 Barclay-Kallistra Comments

In the past day, a regular 'ol 'shitstorm' has been a-brewing over at the Star Wars Battlefront subreddit. People have been voicing their complaints over BF2's lootboxes, and how they are supposed to have no place in a full, $60 game. To clear things up, certain heroes and characters are locked in BF2, and you have to earn credits to [...]

With G-Star 2017 Coming Up, Nexon Prepares to Showcase Nine Games

November 10, 2017 Barclay-Kallistra Comments

G-Star 2017 is coming up, running from November 16th, until November 19th. Hosted in Busan, Korea, G-Star will be a massive gaming convention, and many gaming companies will be there, showcasing their products. Nexon is no exception, as the gaming giant is massively popular in Korea. Five games for the PC will be showcased, such as FIFA Online 4, Need [...]

Nexon Reports Q3 2017 Earnings - Highest Q3 Ever, DFO Continues to Grow

November 10, 2017 Omer Altay Comments

Nexon filed their Q3, 2017 earnings report today and it showed ~$533 million in total revenue for the quarter. Nexon's 2 biggest markets are China and South Korea with 46% of revenue coming from China and 39% coming from South Korea. Nexon boasted that while the launch of Lawbreakers in the U.S. "experienced difficulty" the company reported its best Q3 [...]

Square Enix Reports Strong Quarterly Earnings Thanks to FFXIV and Mobile Games

November 9, 2017 Omer Altay Comments

Square Enix reported strong quarterly earnings yesterday and attributed the quarter's success to the strong performance of Final Fantasy XIV: Stormblood and the continued success of their mobile games (Final Fantasy Brave Exvius, Kindom Hearts Union X, etc). Square Enix reported net sales of 1.165B USD during the last 6 months ended September, 2017 vs $938M for the 6 months [...]

NCSoft Reports Earnings - Mobile Revenue up a Whopping 488%

November 9, 2017 Omer Altay Comments

NCSoft reported 3Q 2017 earnings today and they showed explosive mobile revenue growth. Mobile revenue is up a whopping 488% quarter over quarter and hit $491 million for the reporting period, which is almost 5x higher than ALL OTHER sources of revenue. Just take a look at the graph below: If you up the revenue from Aion, Lineage, Lineage 2, [...]

Perfect World Entertainment Releases Statement Confirming Motiga And Runic Games Closures

November 4, 2017 Marc Marasigan Comments

perfect world entertaiment employee desk

Yesterday, we reported that Motiga, the developers behind the MOBA shooter Gigantic, has closed its doors following Tweets by the studio’s employees. Today, Perfect World Entertainment released an official statement regarding its subsidiary’s closure and the future of Gigantic. “Following the news that Motiga has reduced the staff of its studio, Perfect World Entertainment can confirm that as the publisher [...]

Activision Blizzard Reports Q3, 2017 Earnings - Hearthstone Continues to Boom

November 2, 2017 Omer Altay Comments

Activision Blizzard reporting their Q3, 2017 earnings today and surprise surprise - they made a lot of money. Revenue came in at $1.62 billion for the 3 month period with profits at $188 million. Both Hearthstone and Overwatch saw strong growth year-over-year with the Overwatch community topping 35 million registered players. As with previous earnings reports, Activision Blizzard released some [...]

SuperData Releases Sept 2017 Digital Games Market Report

October 26, 2017 E Tay Comments

On October 25 SuperData, a gaming market intelligence group, released their monthly report on the state of the global digital games marketplace. September 2017 was another stellar month for digital gaming, with worldwide revenues growing 15% to reach $8.3 billion across console, mobile, and PC platforms. Highlights from the report include a 25% jump in console digital revenue, largely due [...]

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