Media and Games Invest Group, Gamigo’s parent company, have bought 8% of Enad Global 7, the company that now owns Daybreak Games. The purchase makes MGI the second largest shareholder of EG7 which, according to the former, gives them a strategic minority position in the company. Meanwhile, both MGI and EG7 have both been in the spotlight recently with Daybreak’s [...]
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Jessica Gonzales, one of the organizers of A Better ABK, a worker group dedicated to improving culture and unionizing in Activision Blizzard, has announced that she will be leaving the controversial company effective December 10th. According to Gonzales, she will be leaving the gaming sector and have accepted the position of senior quality engineer for a financial company. In her [...]
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Mainframe Industries, a new studio founded by veteran developers from CCP Games, Next Games, and Remedy, have secured €20 million (around $22.5 million) in a recently-concluded Series B funding round. According to GamesIndustry.biz, majority of the funds raised came from several big names in the industry, including Twitch Co-founder Kevin Lin, CCP Games CEO Hilmar Petursson, Dreamhaven Founder and CEO [...]
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The California Department of Fair Employment and Housing’s lawsuit against Activision Blizzard seems to have opened a Pandora’s Box of gender-related issues within the gaming community. While Activision Blizzard has been getting all the flak recently due to the lawsuit, other video game companies have, at one time or another, also been involved in some type of sexual harassment or [...]
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In response to calls for their resignation, Activision Blizzard CEO Bobby Kotick and members of the company’s board of directors have formed a Workplace Responsibility Committee that will oversee the implementation of new policies, procedures, and commitments aimed at improving workplace culture and preventing future instances of harassment and discrimination within the company. The new committee is currently comprised of [...]
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Activision Blizzard CEO Bobby Kotick remains in the public’s crosshairs following last week’s Wall Street Journal bombshell. The article accused Kotick of hiding out-of-court settlements for rape cases from the company’s board of directors and investors and also gave evidence that the CEO wrote Fran Townsend’s email that he later called “tone deaf.” Employees, investors, and even the heads of [...]
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The first season of Arcane, Riot Game’s League of Legend-inspired animated series, came to an end this past weekend with the release of the final three episodes on Netflix. The highly-acclaimed show’s season ender was promptly met with calls for another season, which Riot CEO Nicolo Laurent assured fans was already in the works. Yay! “So yeah, we are working [...]
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This week’s burning Wall Street Journal exposé is stirring up all kinds of trouble over at Activision Blizzard as workers stage walkouts in addition to calls for Bobby Kotick’s resignation under his own “zero tolerance” policy. Unsurprisingly, the CEO refused to step down from his post and even got support from the company’s board of directors. According to the Washington [...]
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Events have taken a turn for the worse in the ongoing Activision Blizzard sexual harassment scandal following a new exposé from the Wall Street Journal. The article claims that Activision Blizzard CEO Bobby Kotick knew about the frat-boy culture but chose to turn a blind eye towards. Kotick also allegedly swept sexual harassment reports under the rug and even withheld [...]
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It hasn’t been a good year for NCSoft as the South Korean video game company reports a slight dip in sales revenues. The company’s Q3 2021 Earnings Report show a drop from KRW 538.5 billion in sales in Q2 2021 to just KRW 500.6 billion, or roughly $424.6 million, for Q3 2021. That’s a 7% quarter-over-quarter decrease in revenues and [...]
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