Activision Blizzard Reports Q4 Earnings, Layoffs Announced, Netease Partnership Extended

activision blizzard logo 2015

Activision Blizzard reported their Q4, 2018 earnings report today which missed analyst estimates; revenues came in at $2.84B while analysts expected $3.04B. The company also laid off ~8% of its total employees (775 employees) in non-development positions, mostly in publishing and eSports. On a more positive note, the company has committed to increasing its development budget with the total number [...]

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Mila Jovovich Stars In Live Action Monster Hunter Film

monster hunter movie jovovich jaa

Screen Gems and Constantin Film's movie adaptation of Capcom’s widely-popular Monster Hunter franchise will hit cinemas on September 4, 2020. The announcement was made by Screen Gems/Sony Pictures last week. The fantasy action movie is being written and produced by Resident Evil writer and director, Paul W.S. Anderson under Constantin Films. Milla Jovovich will again be working with her husband [...]

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Steam Lunar New Year Sale 2019 Now In Full Swing, Get $5 Off On First $30 Purchase

steam lunar new year sale 2019 pigs

Ready your wallets because Valve has just kicked off their annual Lunar New Year sale with noteworthy MMOs such as The Elder Scrolls Online, Black Desert Online, Worlds Adrift, the recently-released Pantropy, and other popular games going for as much as 85% off. This year, Valve will also be giving an additional $5 discount for purchases over $30. That’s on [...]

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Electronic Arts Stops Selling FIFA Points In Belgium Amid Lootbox Legal Controversy

fifa 2018 ronaldo

After months of dragging their feet, Electronic Arts has finally decided to abide by the Belgian Gaming Commission’s ruling against lootboxes. In a statement on EA’s official site, the publisher announced that they will cease selling premium FIFA Points in Belgium by the end of the month. “After further discussions with the Belgian authorities, we have decided to stop offering [...]

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Activision Blizzard Facing Class Action Suit From Investors Over Activision-Bungie Split

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The ongoing drama surrounding the premature split between publishing giant Activision Blizzard and Destiny 2 developer Bungie continues as Activision faces yet another lawsuit over the recent split. Rosen Law announced last week that they were filing a class action suit against Activision in behalf of investors looking to recover damages from the early termination of Activision and Bungie’s partnership. [...]

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Chinese Company Shanghai Fukong Announces Plans To Sell Runescape Developer Jagex

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In 2016, Shandong Hongda, a Chinese iron ore mining operations company acquired Runescape developer Jagex in a $300-million-dollar deal. A few months later, Shanghai Fukong, formerly Zhonji Holding, was established to supervise Jagex and the gaming branch of Shandong Hongda. Since the acquisition, Runescape has been raking in revenue, setting record-high profits in 2018 and Jagex even announcing their plans [...]

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Crytek Partners With Improbable To Integrate CRYENGINE And SpatialOS, New AAA Game Announced

crytek improbable partnership

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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