Embracer Group continues to feel the sting of its failed $2 billion partnership deal as it sells Saber Interactive and several of its subsidiaries to Beacon Interactive for $247 million. That includes 3D Realms, DIGIC, Fractured Byte, New World Interactive, Mad Head Games, Slipgate Ironworks, Nimble Giant Entertainment, and Sandbox Strategies. Embracer, on the other hand, will retain control of [...]
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As layoffs continue to pile up in the video game industry, Capcom remains one of the few video game companies that seem to be weathering the financial storm. In fact, its even raising its employees’ salaries by at least 5% and increasing its monthly base starting salary for new hires by roughly 21%, from ¥235,000 to ¥300,000. All current employees [...]
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It’s nearly time to leave the safety of your Vault-Tec Corporation fallout shelters and head out into the crazy post-apocalyptic world of Amazon’s Fallout TV series. Four years after its announcement, the TV adaptation of the beloved video game franchise is finally premiering on Prime Video on April 11 with a new trailer to mark the announcement. “Based on one [...]
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It’s all hands on deck over at Rockstar Games as hype builds up for Grand Theft Auto 6, along with the pressure of living up that hype. So much so that UK-based Rockstar North has released a Return to Office order which will require all employees to work on-site for five days of the week. Rockstar Games head of publishing [...]
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Embracer Group is reportedly selling off Gearbox Publishing in the aftermath of its tanked multi-billion-dollar partnership deal last year. Rumors that the publishing group was for sale began last fall and have recently been corroborated by anonymous sources. Gearbox co-founder and CEO Randy Pitchford apparently gave his employees three options: stay with Embracer Group, sell to another company, or buy [...]
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Cloud Imperium Games has confirmed ongoing rumors of multiple rounds of layoffs at the Star Citizen studio over the past few weeks. The layoffs were reportedly tied to the studio’s back-to-office mandate and multiple employees’ reluctance to move from Austin, Texas to the new office complex in Manchester, UK. “Now that we are back in office and seeing the progress [...]
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The video game industry layoffs continue to pile on as Electronic Arts adds several hundred more people to the massive list of employees who lost their jobs since 2023. EA announced that it’s laying off 5% of its total workforce, or roughly 670 employees. That’s on top of the undisclosed number of Codemasters developers laid off in December. CEO Andrew [...]
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While you’re probably already familiar with the terms bullet hell and bullet heaven, you’ve likely never heard of BulletFarm. That’s because it’s the name of a newly created “remote-first AAA studio” by Chinese tech giant NetEase. According to the official press release, the new Los Angeles-based studio is being headed by former Treyarch developer David Vonderhaar who’s joined by another [...]
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The unfortunate trend of layoffs in the video game and tech industries continues to claim more victims as we move further into 2024. Sony Interactive Entertainment has announced that it’s letting go of roughly 8% of its workforce which translates to around 900 employees across the globe to “future ready” the company. CEO and president Jim Ryan announced the layoffs [...]
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Given the meteoric success of several newly released live service games, some developers will probably be tempted to take a stab at a live service title of their own. Cliff Bleszinski, however, offers a word of caution, saying that it’s an extremely daunting task with no assurance of success and that the likes of Palworld and Helldivers 2 are exceptions. [...]
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