Phasmophobia has sold 20m copies | News-in-brief
Red Barrels partners with Lionsgate Studios for movie adaptation of horror series Outlast
Outlast is the latest video game franchise to have secured a movie adaptation. Developer Red Barrels has signed a deal with Lionsgate Studios, confirming that It and Strange Darling producer Roy Lee will lead the production. JT Petty – who has been “deeply involved” in the games’ narratives – will be working on the screenplay. […]
ProbablyMonsters lays off “about 50 people” as Battle Barge project cancelled
ProbablyMonsters has laid off “about 50 people.” Senior technical artist Mic Marvin announced the cuts on LinkedIn, confirming they too had been impacted. Similar statements were made by Battle Barge designer Ed Byrne – who was laid off on the anniversary of losing their job at Bungie – senior environment artist Carol T., 3D character […]
Capcom insists its making “good progress” despite drop in first-half sales
Capcom has released its financial results for the first half of the 2024/25 financial year, saying it has made “good progress” towards its full-year target. In addition to launching new titles, the Japanese game maker and publisher said that “catalogue unit sales grew YoY” and both its arcade operations and amusement equipment businesses “contributed to […]
Germany launches new grant to fund gaming start-ups
Germany’s Minister of State for Culture and the Media is inviting German developers to pitch “brilliant game ideas” and apply for funding via the Press Start: Games Startup Grant fund. Open to both indie developers and newly founded studios, the Press Start: Games Startup Grant fund supports “up to 130 game developers in Germany in […]
EA Sports FC 25 tops overall revenue charts for September | Newzoo Charts
EA Sports FC 25 topped Newzoo’s overall revenue charts for September and ranked within the top three on all individual consoles. NBA 2K25 and Warhammer 40,000: Space Marine 2 followed closely behind on the overall charts at No.2 and No.3 respectively. Star Wars: Outlaws rose three places to No.6 following its launch on Steam on […]
Microsoft CEO pay rises 63% to $79 million
Microsoft boss Satya Nadella’s total pay package increased by 63% this fiscal year, reaching $79.1 million. As stated in a regulatory filing, $71.2 million was stock awards, which saw an 81% rise. $2.5 million of the package was Nadella’s salary, with $5.2 million for a “non-equity incentive plan compensation” and $169,791 in other compensation. In […]
Redwood takes majority stake in India streaming startup Loco for $65m
Newly formed investment firm Redwood has taken a majority stake worth $65 million in India games streaming service Loco. As reported by TechCrunch, the company hopes the deal will support its “global expansion efforts.” “The investment is a recognition of the immense work done by our team in the past few years,” said Loco founders […]
3OGS rebrands as The OGs, expands into new office
3OGS is now The OGs. To mark the rebrand, the Latin American studio has “officially inaugurated” its new office in Córdoba, Argentina, in what it says is “a pivotal moment in global expansion.” The Argentine game development company says the rebrand symbolises the “strategic shift toward global growth” after being acquired by UK company, OV […]
Arma 2 sells over 47m units in 15 years | News-in-brief
Malaysian government invests $4.64m to boost national esports talent
The Malaysian government is investing $4.64m/£3.58m (RM20m) into the country’s esports ecosystem. As reported by Bernama and spotted by EsportsInsider, Malaysian authorities have agreed under the Malaysia Madani Budget 2025 to allocate $53.3m/£41.1m (RM230m) for the development of all sports, $4.6m/£3.5m of which has been earmarked especially for its esports scene. This will be used […]
Is AA dead? | Microcast
The latest GamesIndustry.biz Microcast is available to download now, bringing you a quick dive into the biggest stories of the past week.
This time, our main topic centres around comments by former Sony boss Shawn Layden, who declared that not only is the AA space gone but its loss is a threat to […]
Black Ops 6 is make-or-break for the Game Pass strategy | Opinion
It’s just over a year since Microsoft shattered industry records with its $75 billion acquisition of Activision Blizzard – and next week, that eye-wateringly expensive deal will face its most important test yet. The launch of Call of Duty: Black Ops 6 will be a major data point both for Microsoft itself, and for external […]
Tales of Kenzera: Zau dev Surgent Studios puts entire games team on hiatus due to lack of funding
Surgent Studios has put its entire games division on hiatus as it struggles to secure funding, placing an unknown number of staff at risk of being laid off. The developer, which also operates in TV and film production, announced the news via a statement on social media in which it said it has “unfortunately had […]
Super Nintendo World opens in Orlando on May 22, 2025 | News-in-brief
Super Nintendo World opens in Orlando on May 22, 2025 | News-in-brief Source link : Gamesindustry
Outersloth secures more funding, teams up with Slay the Spire’s Casey Yano
Outersloth – the publishing arm of development studio Innersloth – has secured more funding. In a blog post published on the official website, the team confirmed it had already signed up 13 games, as well as reveal Slay the Spire’s Casey Yano had joined the team alongside “a beloved indie friend who wishes to remain […]
Don’t Nod admits “challenging times” as “reorganisation project” puts up to 69 jobs at risk
Don’t Nod is “reorganising”, putting up to 69 jobs at risk. In its latest financials, the French studio acknowledged the “impact this project may have on all our employees,” but insisted “securing our company’s resources and restoring its ability to perform more in an increasingly competitive and selective industry is extremely necessary.” “Amid deteriorating results, […]
Indian publisher Deftouch secures undisclosed investment to scale up portfolio
Indian publisher Deftouch has secured an undisclosed investment to scale up its portfolio, develop new games, and hire new talent. Co-led by Krafton, T-accelerate Capital and Lumikai, the round also receive backing from Visceral Capital and Play Venture. “We love to experiment with bold concepts. Even though we are building a cricket game right now, […]
Against the Storm has sold 1.2m copies | News-in-brief
Opening up Google Play offers publishers a three-year window to change mobile gaming | Microcast
The latest GamesIndustry.biz Microcast is available to download now, offering you a quick dive into the biggest news of the past week.
For our main discussions, we’re joined by MobileGamer.biz’s Neil Long to discuss the recent US court ruling that opens Google Play to rival app stores. We discuss the impact this might […]
Rare’s Craig Duncan to become head of Xbox Game Studios as Alan Hartman retires
The head of Xbox Game Studios Alan Hartman will retire from the company at the end of November, with Rare boss Craig Duncan taking over. Hartman is best known for leading and forming Turn 10 in 2005, the studio behind the Forza franchise. He stepped up to lead Xbox Game Studios last year. He’s also […]
UMX Studio secures $4.5m all-cash investment
UMX Studio has secured a $4.5m all-cash investment. The Saudi Arabian studio says it will use the funds from investment company Jetapult to “support the expansion of [its] existing portfolio, expand audiences across global markets, and build games in new genres.” The company says the investment “comes in the context of the exponential growth of […]
Indie game Antonblast delayed by hurricanes
Indie game Antoblast has been delayed until December after its developer was impacted by both Hurricanes Helene and Milton. In a statement posted to X/Twitter, studio head and director Tony Grayson said the team at Summitsphere has “roots planted across the southeastern United States,” an area “ravaged” by both hurricanes in rapid succession. “We are […]
