Gaming Industry
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Krafton has reportedly agreed to pay up to $250 million in earnout bonuses to the developers at Unknown Worlds after Subnautica 2 posted strong early sales. The reported decision marks a major turning point in a dispute that had become one of the most closely watched business conflicts surrounding a high-profile game launch this year.…
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April 2026 delivered another strong month for the US video game business, with new industry data showing that consumer spending continued to climb after an already healthy March. Overall spending in the US reached $4.3 billion for the month, marking a 3% increase compared to April of last year. The biggest headline from the latest…
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Embracer Group says it is taking a new approach to some of its best-known game properties by exploring outside partnerships that could help revive long-dormant series. The company revealed the plan as part of a broader restructuring effort tied to the creation of Fellowship Entertainment, a new business unit focused on growing major entertainment brands…
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Amazon has officially confirmed that its planned massively multiplayer online game set in the world of The Lord of the Rings has been canceled. While reports had already suggested the project was effectively dead following major layoffs and internal restructuring, the company has now made it clear that this version of the game is no…
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eBay has formally turned down GameStop CEO Ryan Cohen’s massive bid to acquire the company, dismissing the proposal after a review by its board and outside advisors. The rejected offer, valued at roughly $56 billion, would have combined the online marketplace giant with the video game retailer in one of the most surprising proposed deals…
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Epic Games, recognized predominantly for developing acclaimed titles such as Fortnite and the Unreal Engine, has made the disconcerting decision to release more than 1,000 of its employees. The company’s CEO, Tim Sweeney, has gone on record attributing these changes to the lackluster engagement from Fortnite’s player base. In an ironic twist, the very game…
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The gaming industry mourns the passing of gaming legend Shutaro Iida, who left us aged 52 on February 10, 2026, after a brave battle with pancreatic cancer. His family revealed the distressing news following a brief period of private grief, in a joint declaration with Koji “IGA” Igarashi. Iida’s career in the gaming industry was…
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Electronic Arts (EA) is on its way towards a substantial financial shift, with a potential sale of $55 billion to an investor body led by Saudi Arabia’s Public Investment Fund. The transformational business move is expected to bring changes, both positive and negative, according to industry experts such as DFC Intelligence. Should this transfer take…
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Doug Bowser, the President and Chief Operating Officer of Nintendo of America, has announced his planned retirement on the last day of 2025, wrapping up more than ten years serving in various influential roles within the organization. Within his announcement, it was revealed that Devon Pritchard is poised to succeed Bowser. Pritchard, with 19 years…
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When Nintendo launched the second version of their innovative gaming console, the Nintendo Switch 2, it was met with great anticipation. However, reports from a third-party developer have indicated that sales numbers were not as robust as expected, underscoring the muted performance of third-party launch titles in the initial two weeks. The line-up for the…
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Obsidian Entertainment, revered creators of memorable role-playing games, unveiled exciting news, announcing that the much-anticipated sequel to “The Outer Worlds”, aptly named “The Outer Worlds 2”, is slated to make its grand debut on October 29, 2025. This futuristic first-person shooter RPG will be ready for gaming enthusiasts to explore on platforms including PC, PlayStation…