Developers seem to be hopping fences left and right these couple of months. The latest developer to make the switch is Adam Wong, the new Senior Community Producer for Chronicles of Elyria. Before joining the Soulbound Studios team, Wong worked as Managing Director for Amazon, and as a Media Content Supervisor for Bungie. He has also worked on a number [...]
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Another veteran developer joins the growing Amazon Game Studios team. Daybreak’s Sebastian Strzalkowski announced on Twitter this week that he will be starting his new job at the San Diego-based studio later this month. Grateful for 13 rewarding yrs at SOE/Daybreak, honored to work with such talented folks. Starting new job @AMZNGameStudios later this month! pic.twitter.com/J1LgYAe5TB — Sebastian (@crowempires) June [...]
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The Entertainment Software Association is taking the city of Chicago to court, in hopes of overturning the legislation of applying Chicago's amusement tax to online goods and services. Chicago's amusement tax applies to shows and services provided within the city, such as movie theaters, live concerts, and subscription TV. However in the past two years or so, the amusement tax [...]
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According to a recent report, China's mobile Esports revenue is expected to earn $6.78 billion by the end of 2017. The estimate is projected on numbers from 2016, where mobile Esports revenue had net China $1.9 billion, triple the figures seen in 2015. Given the growing boom in China's mobile Esports scene, revenues are predicted to follow the same upwards [...]
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Earlier this year, Valve decided to axe Steam Greenlight, and made the move to its new publishing service Steam Direct. With the new system in place, Valve now required developers to pay a fee to publish their games on the Steam platform, in addition to verifying their company status. At the time, Valve had not yet decided on what to [...]
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According to a recent press release, Intrepid Studios has signed on five veteran developers to work on their upcoming MMORPG, Ashes of Creation. The recent additions to the game’s development team, most of whom come from Daybreak’s ranks, bring with them a wealth of experience from EverQuest to PlanetSide and H1Z1. The recent additions to the team are: Lead Economic [...]
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Wizards of the Coast Narrative Designer Michael Yichao announced via Twitter yesterday that he’ll be “hanging up” his wizard robes to take up a job with ArenaNet as a Narrative Designer for the studio’s award-winning MMORPG, Guild Wars 2. Some personal news: at the end of June, I'll be hanging up my Wizards robes to start as a narrative designer [...]
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While Shroud of the Avatar raised money on Kickstarter in the past it looks like Portalrium, Shroud's developer, is expanding their fund raising efforts to SeedInvest, an equity crowd funding platform. Unlike Kickstarter, people who fund Shroud of the Avatar on SeedInvest will get an ownership stake in the company and profit if the game succeeds. The game is looking [...]
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Korean media site Pulse is reporting that Black Desert Online developer Pearl Abyss is preparing for its initial public offering on Korea's Kosdaq, which is set to occur later this year. Prior to this announcement, South Korean company Daishin Private Equity made an equity investment worth approximately $6.3 million in the company. Korea Investment & Securities Co. acquired its own [...]
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Earlier today John Riccitiello, the CEO of Unity Technologies, revealed to Bloomberg LP that the game engine maker had raised $400 million from private equity firm Silver Lake. The investment values Unity at $2.6 billion, up from $1.5 billion just last July. The meteoric rise in Unity's value is largely due to the continued dominance of the engine in the [...]
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