Browsing: PC

Chinese games giant Tencent and Guillemot Brothers Ltd are reportedly in discussions over ways to right the ship at Ubisoft.  Bloomberg reports that the two companies have been in talks with advisors about how to proceed, though does not that these discussions are at the early stage. This new comes in the wake of AJ Investments, a minority shareholder, calling for Ubisoft to be bought out ,…

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Tech giant Microsoft reportedly spends $1 billion in attracting third-party titles to its Game Pass subscription service.  That’s according to a Bloomberg interview with Xbox president Sarah Bond ( pictured ), which says that the Big M offers a flat fee of “millions of dollars” to smaller publishers, alongside a portion of subscription revenue. That’s on top of exposure to a new audience.&nb…

The director of troubled hero shooter Concord, Ryan Ellis, has reportedly stepped down from his role at Firewalk Studios.  Kotaku reports that he is moving into a support role at the developer after the game’s disastrous release in August. Furthermore, staff at Firewalk say they are fearful that there might be layoffs at the developer, though some also believe that it could be repurposed as…

The CEO of Korean firm Tango Gameworks, Changhan Kim, has said that its purchase of Tango Gameworks might be its the first in a line of studio acquisitions.  Speaking to Game Developer , the exec said that it was looking to increase its “portfolio line-up”. Kim does say that many of Tango’s previous titles might not even have broken even.  “We can’t acquire Tango Gameworks based on thei…

The Star Wars Jedi series from Electronic Arts has been played by over 40 million gamers to date.  That’s according to Laura Miele, the firm’s president of its Entertainment and Technology divisions, who told shareholders at its recent investor day that the series had reached 40 million players since its debut back in 2019.  Furthermore, she added that EA’s Star Wars games had generated…

Canadian developer Behaviour Interactive is closing down Midwinter Entertainment.  In a statement to GamesIndustry.biz , the Dead by Daylight maker said that this decision comes along its move to close its in-development game Project T. This was intended to be a spin-off of its smash hit multiplayer horror game.  “Yesterday, Behaviour Interactive announced the cancellation of Project T…

Japanese games giant Nintendo is suing the developer of Palworld, Pocketpair.  In a post on its website , the Switch firm announced it – along with The Pokémon Company – had filed a lawsuit against the company with Tokyo’s District Court on September 18th.  Nintendo is seeking an injunction against Pocketpair, demanding “compensation for damages” due to the fact that…

Former staff from Capcom, Ubisoft, WayForward and Riot Games have set up a brand new studio called Pahdo Labs.  GameDeveloper reports that the venture has already secured investment from Andreessen Horowitz, Global Founders Capital, and BoxGroup. Pahdo Labs is working on a co-op roguelike action RPG title called Starlight Re:volver.  This game was announced earlier this week and is set…

Indie publisher Team17 has said that mergers and acquisitions are a core part of its accelerating growth.  That’s according to the company’s half-year financial results – for the first six months of 2024 – where the firm said that it was looking to “leverage attractive opportunities as they arise.” Team17 also is looking to double down on the indie space because it has a lower ri…

Fortnite giant Epic Games is releasing its new unified asset marketplace, Fab, next month.  The company announced this move in a blog post , which details this platform’s unification of Unreal Engine Marketplace, Sketchfab, ArtStation Marketplace and Quixel. From Fab’s launch in October until the end of 2024, Epic is sharing 100 per cent of revenue of any items sold on the platform. From the…