Welcome to another edition of Newsbytes, the series of posts at AH that brings together the latest news from around the arcade and pinball worlds. It’s been a little quiet this month, with the IAAPA buzz dying down and a lot of people in the industry seemingly either too busy behind the scenes or on [&hellip
Japanese developer Tango Gameworks is looking into making a sequel to 2023’s Hi-Fi Rush. Speaking to IGN , studio head Colin Mack said that the developer was “considering” such a project but didn’t want to confirm that a follow-up was in the works. “We are considering a sequel positively,” Mack told IGN. “We are not yet at the stage where we can say specifically, &ls…
Chinese tech and entertainment giant Tencent has removed two directors from Epic Games’ board following a US Department of Justice (DOJ) investigation into antitrust laws. In a press release from the government body , the DOJ said that the board members had violated Section 8 of the Clayton Act. This stipulates that a director cannot be be on the board of two competing companies, in this ca…
Moon Beast Productions has secured $4.5 million in seed funding. The investment round was led by 1AM Gaming, with 1UP Ventures, The Mini Fund, Overwolf, Versus Ventures also taking part in addition to angel investors. The studio says that this cash will be put towards developing a new and innovative action RPG title “that challenges conventional design paradigms”. Moon Beast was found…
Poland’s 11 Bit Studios has laid off an unknown number of staff. In a post on its website, the company said that it had cancelled work on Project 8, which was to be the outfit’s first console-focused game. Work on Project 8 began back in 2018; by 2024, 37 members of staff were attached to the project. 11 Bit reckons it has spent PLN 48.4 million ($11.8 million) on the game to date.&nb…
Sony will be acquiring a fresh load of shares in Japanese entertainment giant Kadokawa and will soon own 10 per cent of the company. On January 7th, 2025, the PlayStation giant will be buying 12,054,100 new shares at Y4,146 per share. This will cost Y49.98 billion ($31.7 million) and will result in Sony owning 9.68 per cent of Kadokawa stock. Before, the firm owned 2.01 per cent. When the t…