Financials
News
Embracer Group full-year sales rise to $3.9bn, but $1.5bn debt remains
CEO Lars Wingefors says past fiscal year was "transformative" as group presses on towards three-way split
News
Bandai Namco reports record sales and rise in profits despite video game decline
But Digital segment beat all forecasts and expects 384% rise in profit next fiscal year
News
GameStop preliminary Q1 results have sales down at least 28%
Video game retail company is also poised to sell upwards of 45 million shares
Opinion
Sony's focus on engagement time over units sold makes sense for PlayStation | Opinion
The move has provoked criticism, but the ethos this has created at PlayStation has largely been a force for good
Feature
Take-Two confirms no Grand Theft Auto 6 in current fiscal year
Rockstar's latest now set to arrive fall of 2025 as impairment charges see publisher post $3.74bn net loss
News
PlayStation full-year revenues rise to $27.5 billion but narrowly misses PS5 sales target
Helldivers 2 is fastest-selling PlayStation title to date at 12 million copies in 12 weeks
News
Square Enix embarking on "aggressive multiplatform strategy" as profits drop 70%
Following disappointing financial year, company unveils three-year plan targeting long-term growth
Feature
Sega's full-year sales jump 20% as Persona and Like a Dragon sales surge
Addition of Rovio helps drive revenue growth as new RPG releases drive those franchises nearly on par with Sonic sales
News
Playtika cuts two executive roles amid leadership restructure
CEO says the actions "are designed to position us to return to growth in the mobile gaming sector"
News
Warner Bros. CEO cites Suicide Squad: Kill the Justice sales performance for Q1 losses
David Zaslav called it a "disappointing release" as it took a hit of $200 million for the quarter
News
Unity restructuring increases losses to $291m in Q1 2024
But engine provider says the "cost reset" process has now been completed
News
Capcom reports record profits for seventh year running
Street Fighter 6 was the publisher's biggest seller of the year at 3.3 million units, while Dragon's Dogma 2 sold 2.6 million
News
Roblox revenues increase to $801m in Q1
Firm's daily active user count rose to over 77 million during the quarter
News
Krafton sees a 24% sales increase for Q1
The firm said that PUBG "saw its monthly active users and sales reach the highest figures since the F2P transition"
News
EA believes over 50% of its development processes will be "positively impacted" by gen AI
Publisher also points to potential challenging times ahead for EA Sports FC and Apex Legends
News
EA Sports FC, Madden have EA posting full-year growth despite sleepy Q4
Publisher forecasts revenue decline for coming year, commits to three-year, $5 billion stock repurchase program
News
Nintendo profits rise to $6.2bn ahead of quiet year
Platform holder expects 20% drop in net sales for new fiscal year as the wait for Switch 2 continues
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News
Square Enix takes $140 million hit on cancelled games
Publisher slides hit into the final days of its fiscal year as part of strategy to be "more selective and focused" about pipeline
News
Call of Duty and Diablo boost Microsoft's gaming revenues, but Xbox sales continue to fall
Total games revenues up 52% year-on-year, but hardware revenue saw steepest drop since X|S launch
News
Remedy revenue drops 22.2% to €33.9 million in 2023
Developer attributed decline to "increased investments" in projects including Control 2 and Max Payne remakes
News
Capcom increasing all salaries by around 5%, 28% rise for new graduate hires
5% average increase will be implemented in Fiscal 2024, while higher starting salary will come into effect the following year
News
NetEase revenue rises 7.2% to $14.6bn in 2023
Publisher's games segment saw a 9.4% increase due to success of mobile titles
News
Unity revenue rises 57% to $2.1 billion in 2023
Engine provider's full-year net loss narrows to $826.3 million
News
Suicide Squad failed to meet Warner expectations
CFO says "games business up for a tough year" compared to same period in 2023