Games Industry News- Page 42 of 119

Activision Blizzard Manager Allegedly Threatened Employees For Discussing DFEH’s Lawsuit

May 3, 2022 Marc Marasigan Comments

Activision Blizzard has been under constant public and government scrutiny since the sexual harassment scandal made headlines last year. Even so, the company’s management seems to continually be doing things to further smear their reputation if the recent complaint to the National Labor Relations Board is any indication. The complaint was filed by the Communication Workers Alliance claiming that Activision [...]

Embracer Group To Acquire Three Square Enix Europe Studios For $300M

May 3, 2022 Marc Marasigan Comments

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After buying out Perfect World Entertainment and its subsidiaries earlier this year, Embracer Group is now in the process of acquiring three new development studios, namely: Crystal Dynamics, Eidos Montreal, and Square Enix Montreal, all of which are subsidiaries of Square Enix Europe. The total purchase price for all three studios is $300 million to be paid up front in [...]

Bungie’s Copyright Infringement Case Against Cheat Seller Has Been Dismissed

May 3, 2022 Marc Marasigan Comments

Bungie has hit a bump in their fight against cheaters as the Seattle District Court dismisses the studio’s copyright infringement lawsuit against a Bungie 2 cheat seller. According to TorrentFreak, Judge Thomas Zilly dismissed Bungie’s case against AimJunkies saying that the developer failed to provide sufficient facts that the cheat seller copied elements of their work. The accompanying trademark infringement [...]

Media And Games Invest Acquires Free-To-Play Mobile Developer AxesInMotion

April 30, 2022 Marc Marasigan Comments

Big video game holding firms continue to divvy up video game companies amongst themselves Media and Games Invest (MGI) acquires yet another studio. MGI, which also happens to be Gamigo’s parent company, has bought Spanish mobile game developer and publisher AxesInMotion to the tune of €55 million, or roughly $58 million, with up to €110 million in potential payouts until [...]

Former Blizzard Versailles Employees Have Won Their Case In French Appeals Court

April 30, 2022 Marc Marasigan Comments

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Just when things seem to be looking up for Activision Blizzard after shareholders approved the Microsoft deal, the company has taken another punch to the gut. One that they probably didn’t see coming. No, this isn’t about previous sexual harassment complaints or their repeated attempts to block unionization within the company. It’s about the hundreds of employees that they laid [...]

Activision Blizzard Shareholders Vote In Favor Of Microsoft Acquisition

April 30, 2022 Marc Marasigan Comments

We’ve got two big Activision Blizzard news items for you today leading with this week’s shareholder vote on the proposed Microsoft buyout. Activision Blizzard King (ABK) shareholders voted on Microsoft’s proposed acquisition earlier this week with the majority voting in favor of the deal. As previously noted, Microsoft will be purchasing the entirety of ABK’s shares at $95 a pop [...]

Gamigo Updates Glyph Launcher With A More Modern And Streamlined Look

April 29, 2022 Marc Marasigan Comments

Gamigo has given its Glyph launcher a new look four years after it took over Trion which originally launched the publishing platform back in 2014. The launcher now sports a sleeker minimalist look and new features, including an individual game page for each of the publisher’s games, including one for Fractured Online, Gamigo’s newest addition to their portfolio. Users will [...]

Sony Creates New Games Preservation Team For PlayStation

April 28, 2022 Marc Marasigan Comments

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It’s probably safe to say that we’ve all grown up with Sony games on the PlayStation, some of which have already been remade or remastered by the studio. That being said, Sony isn’t exactly the best when it comes to preserving their old games especially those that don’t have as big a following as the Final Fantasy series or their [...]

Possible COVID-19 Exposure At PAX East 2022 After Vendor Reps Test Positive

April 26, 2022 Marc Marasigan Comments

A gentle reminder to everyone that COVID-19 is still around and precautions should still be taken even though things seem to be going back to normal. Pandemonium Books & Games, one of the vendors during last week’s PAX East 2022 in-person event, reported on their COVID Tracker page that at least three of their employees who manned their booth at [...]

Activision Blizzard Sees Significant Drop In Revenue And Users In Q1 2022

April 26, 2022 Marc Marasigan Comments

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Activision Blizzard took a massive hit to its revenue this past quarter with Blizzard Entertainment bearing the brunt of the dip as revealed in their Q1 2022 financial report. ABK as a whole saw an 18% drop in revenue quarter-over-quarter, from $2.163 billion in Q4 2021 to $1.77 billion for the first quarter of 2022. Blizzard’s revenues, on the other [...]

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