Chinese video game and technology company NetEase has acquired another video game developer to add to its growing list of subsidiaries. The latest addition to the NetEase family is Paris-based developer Quantic Dream, the studio behind the smash hit sci-fi action adventure game Detroit: Become Human. NetEase has apparently been investing in the studio for the past few years and [...]
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In an unexpected turn of events, Ubisoft decided to delay the planned “decommissioning” of its older games at the last minute. Over a dozen games were scheduled to be taken offline today, including several classic Assassin’s Creed games and other once-popular titles like Splinter Cell: Blacklist, Ghost Recon: Future Soldier, and Far Cry 3, to allow the publisher to focus [...]
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While the question of why Activision Blizzard decided to merge with Microsoft is easy enough to answer given the company’s current predicament, the reason behind the latter’s decision to acquire the controversial company still remains a mystery… until today. In an interview with Bloomberg’s Emily Chang, Microsoft Gaming CEO Phil Spencer revealed that the decision to acquire Activision Blizzard was [...]
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Over the past few weeks, rumors have been circulating around the gaming community that Amazon was looking to acquire Electronic Arts. As it turns out, they were just rumors after all and have been debunked by insider sources. “There’s nothing going on,” sources told CNBC. “EA definitely has been out there in the past, but no, this is not going [...]
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Creative Assembly, the studio behind the Total War series of strategy games, is moving out of its comfort zone and into third-person action territory with its new game. The project was announced on the studio’s official website earlier today but there’s not much to be gleaned from the announcement except that it’s being developed using Unreal Engine 5 and that [...]
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After several years of growth, Tencent has seen its first revenue drop since the Chinese video game company was publicly listed in 2004. The company’s Q2 2022 earnings report shows a 3% dip in its quarterly revenue compared to the same quarter last year at roughly $19.6 billion compared to Q2 2021’s total revenue of $20.2 billion. Total profit for [...]
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A new ArcheAge game is brewing over at XL Games as the Korean video game developer files a trademark for a game called ArcheAge WAR. A similar filing was spotted by keen-eyed Redditors back in June for ArcheWar which is likely the same game and the studio just wanted to get ahead of any possible copyright issues. There’s currently no [...]
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Another country is taking a stand against lootboxes in games with Singapore’s newly-created Gambling Regulatory Authority looking to enact stricter regulations to combat what it believes to be a “blurring of the lines between gambling and gaming.” The GRA will be taking over the regulation of casinos and gambling services, including lootboxes, from the Casino Regulatory Authority which was established [...]
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Tencent, the parent company of Riot Games, released their Q2 2022 earnings report today and in it was a bit of detail surrounding Valorant's performance. For the April-June period Valorant "achieved record-high MAU (monthly active users) and quarterly grossing receipts". Tencent also called out Valorant specifically as a strong a top performer in their International Games segment with the game's [...]
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More and more players have been flocking to Roblox over the past few months but it seems like they’re spending considerably less on the game according to the Roblox Corporation’s Q2 2022 earnings report. The company report reports a total revenue of $591.2 million for the quarter which translates to a 30% increase compared to the same quarter last year. [...]
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