Industry Archives - Page 3 of 45

Cryptic Studios Celebrates 20th Anniversary With Content Drops For Neverwinter And Star Trek Online

June 30, 2020 Marc Marasigan Comments

Cryptic Studios is celebrating their 20th anniversary with content drops for Neverwinter and Star Trek Online along with free anniversary bundles for players. Champion Online players also get to claim an anniversary bundle by simply logging in to the game. “It’s a proud moment for all of us at Cryptic Studios, to be celebrating our twenty-year anniversary,” said Cryptic Studios [...]

Raph Koster’s Playable Worlds Raises $10M During Their Series A Funding

June 12, 2020 Marc Marasigan Comments

Raph Koster’s Playable Worlds has just landed a $10 million investment during their Series A funding led by Galaxy Interactive in partnership with Block.one. The new studio is currently working on a ground-breaking MMO built with cloud-computing in mind. According to the official press release, the MMO promises to open a “pathway to brand new kinds of gameplay and game [...]

Final Fantasy XIV Fan Fest NA Has Been Cancelled, Patch 5.3 Delayed

June 5, 2020 Marc Marasigan Comments

final fantasy xiv fan festival 2020 banner

As the COVID-19 pandemic continues its deadly course, numerous video game companies and development studios have already opted to cancel events and conventions that were supposed to be held this year. The latest one to be pulled is Square Enix’s annual North American Final Fantasy XIV Fan Festival which was scheduled for November in San Diego, California. FFXIV Producer and [...]

Blizzard Cancels This Year’s BlizzCon And Reveals Plans For An Online Event Early Next Year

May 27, 2020 Marc Marasigan Comments

A few weeks ago, Blizzard Entertainment announced that they were pushing through with this year’s BlizzCon in spite of the coronavirus pandemic. Well, it looks like they’re cancelling the event after all. “During this time, we’ve had many discussions about what holding a convention could look like in light of all the health and safety considerations we’d want to make. [...]

Daybreak Registers Trademark For A New Studio Called Wandering Monster Games

May 21, 2020 Marc Marasigan Comments

Earlier this year, Daybreak Games founded three new spinoff studios: Darkpaw Games, Dimensional Ink, and Rogue Planet Games. Each of these studios was tasked with exclusively handling the EverQuest franchise, DC Universe Online, and the PlanetSide franchise respectively, while H1Z1 remained with Daybreak. Today, we have word that Daybreak registered the trademark for another studio called Wandering Monster Games courtesy [...]

Ubisoft Files Lawsuit Google And Apple To Court Over Alleged Rainbow Six Siege Clone

May 19, 2020 Marc Marasigan Comments

French video game developer and publisher Ubisoft has filed a copyright infringement lawsuit against Google and Apple for allegedly ignoring the publisher’s request to remove Area F2 from their respective stores, a game that Ubisoft says is a “near carbon copy” of Rainbow Six Siege. “R6S is among the most popular competitive multiplayer games in the world, and is among [...]

NCSoft Reports Record Breaking Q1 2020 Earnings Led By Lineage 2M

May 16, 2020 Omer Altay Comments

The South Korean gaming giant NCSoft reported recording breaking Q1 revenues and profits this last week led by the incredibly strong performance of Lineage 2M (which launched late last year). Total sales came in at 731,111M KRW ($593M USD) with operating profit at 241,424M KRW ($196M). More interestingly though is the company's breakdown of sales by game. Lineage 2M had [...]

Square Enix Reports 2020 Earnings, MMO Division Reports Record High Revenues and Profits

May 13, 2020 Omer Altay Comments

Square Enix reported their fiscal year 2020 earnings report today for the year ended March 31, 2020 (Their fiscal year ran from March 31, 2019 to March 31, 2020). Total company-side sales came in at 260.5B Yen ($2.43B USD) and operating income (profit) of 32.7B Yen ($310M USD). Company-wide profit margin was 12.6% for the year. Square Enix's MMO division [...]

Activision Blizzard CEO Bobby Kotick Says That 2020 Release Titles Are Still On Track

May 12, 2020 Marc Marasigan Comments

In spite of the COVID-19 pandemic that has forced most companies around the world to a standstill, game development studios continue to thrive thanks to the digital nature of the gaming industry. One of these studios is Activision Blizzard whose CEO, Bobby Kotick, assures gamers that their 2020 projects are still on track for release. “As of now, we're on [...]

Square Enix Revises Profit Forecast Upwards Due to Strong Performance of Final Fantasy XIV

May 11, 2020 Omer Altay Comments

Square Enix announced today that they're revising upwards their profit forecast for the year (April 1, 2019 - March 31, 2020) due to strong performance from "Final Fantasy XIV" and the mobile game "Dragon Quest Walk". Square Enix reported the following in the announcement: "...the Company now expects higher operating income, ordinary income, and profit attributable to owners of parent [...]

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