Business Strategy
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Destiny 2 developer Bungie has been under scrutiny due to alleged mismanagement, which critics argue led to recent layoffs and a deeper Sony collaboration. While the studio faces rumors of cutting back on Destiny 2 content, insiders argue that these changes aren’t a surprise given precedents. In acknowledging the situation, Bungie attributed this to overstretching…
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During the fiscal year 2024, Nintendo reported selling 15.7 million Switch consoles, accordingly raising their lifetime sales up to 141.32 million units. Although this outcome fell short of the previous year, the company remains content with the figures and has boldly signalled plans to sell at least an additional 13.5 million units by March next…
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Embracer has outlined extensive debt restructuring efforts in their interim financial results for Q3 (October-December 2023), having laid off 8% of their global workforce since June 2023 and reducing the number of game projects in development from 224 to 179. CEO Lars Wingefors portrayed the period as “a stable quarter” with Embracer being “on track”…