A few weeks ago, Improbable and Unity got into a dispute over licensing agreements and SpatialOS’s integration with the Unity Engine. A number of developers were affected by the fallout including Bossa Studios and their sandbox game Worlds Adrift. The event prompted Epic Games to team up with Improbable, pledging a boatload of cash to help out developers who were [...]
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Got $9 billion to spare? That’s exactly how much a South Korean gaming giant is going for these days. Earlier this month, Nexon founder and Kim Jung-ju announced his plans to sell his 98.64% stake in the holding company NXC Corp. NXC Corp. controls 47.98% of Nexon along with two other cryptocurrency exchanges. GamesIndustry.biz reports that the controlling shares are [...]
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2018 was a big year for the video games industry. In fact, video game data research site SuperData called 2018 “the biggest year for digital games and interactive entertainment. Ever.” in their recently published year-in-review report. According to SuperData, the gaming and interactive media industry grew by 13% last year. This is largely due to the rise of cross-platform gaming [...]
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Bungie was founded in 1991, but came to global fame after it was purchased by Microsoft in 2000 and the release of Halo: Combat Evolved in 2001. As the years went by, the relationship with Microsoft grew dull. In 2007, Bungie split from Microsoft and became an independent studio once more. The terms of that divorce meant Microsoft got to [...]
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While Nintendo is still relatively new to the mobile game scene, the company hit $348M in mobile game revenue in 2018, led by the massive success of Fire Emblem Heroes. Fire Emblem Heroes has been a runaway success for the company, bringing in a whopping $230 million last year, or 66% of the company's mobile gaming revenues. Nintendo's first mobile [...]
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Kim Jung-ju, the founder South Korea's largest gaming company, is putting his entire 98.64% stake in holding company NXC Corp for sale. NXC Corp itself controls 47.98% of Nexon and ~80% of Korbit and Bitstamp, two cryptocurrency exchanges. The stake is currently valued at ~$10 billion which would make it biggest ever Korean sale of this nature. Kim Jung-ju founded [...]
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Activision Blizzard announced today that they fired their Chief Financial Officer Spencer Neumann today for cause, meaning he did something to violate his employment contract. While some have speculated that Mr. Neumann is the fall guy for the company's recent missteps (Diablo: Immortal blowback), I suspect that its not related to that at all. The company's CFO doesn't make day [...]
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In another signal that mobile gaming is taking over the world, Final Fantasy XV: A New Empire, a mobile strategy game, surpassed revenues from retail sales of Final Fantasy XV, the very game the mobile spinoff is based on. According to data from mobile analytics firm Sensortower, as of December 3, 2018, A New Empire has generated "over $485 million" [...]
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Steam revealed their best selling games of 2018 earlier this week and several MMORPGs made the list including Elder Scrolls Online, Black Desert Online, and Bless. The list contained the top 100 best selling games broken down into sections by sales with 'Platinum' selling the most followed by gold, silver, and bronze. Warframe and Elder Scrolls online were Platinum, meaning [...]
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SuperData Research released their November 2018 Worldwide Digital Games Market report this last week and League of Legends retook the #1 spot as the highest grossing PC game. Pokemon GO also overtook Honor of Kings (Arena of Valor in the West) as the #1 mobile game for November. Take a look at the data below: Superdata also released some other [...]
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