News

Creative UK's latest fund offers up to £25K to North East teams
Creative UK's latest fund offers up to £25K to North East teams
The new North East Shared Success fund also provides creative enterprises in the area with support and 'creative freedom' to test their ideas.
Aug. 31, 2024
UK video game tax relief claims jumped 10% in 2023
UK video game tax relief claims jumped 10% in 2023
The HMRC has revealed that video game tax relief payouts leapt 10% in the 2022-23 financial year.
Aug. 30, 2024
CD Projekt profits up nearly 90% following success of Cyberpunk 2077: Phantom Liberty
CD Projekt profits up nearly 90% following success of Cyberpunk 2077: Phantom Liberty
CD Projekt saw a significant increase in both sales and profit during the first half of 2024, its latest financial resu…
Aug. 29, 2024
Report: Lawsuits raise concerns over Xsolla CEO's use of company money
Report: Lawsuits raise concerns over Xsolla CEO's use of company money
Former executives claim Xsolla CEO Aleksandr Agapitov has spent years putting millions from company accounts into his and firing anyone who voiced concerns.
Aug. 28, 2024
Thunderful calls 2024 "a transitional year" as net revenue drops 14.5% YoY
Thunderful calls 2024 "a transitional year" as net revenue drops 14.5% YoY
Thunderful says its "transition to a pure-play game company is complete" as it publishes its financial information for …
Aug. 22, 2024
Embracer sales drop 24% to $754m due to tough comparisons with Dead Island 2
Embracer sales drop 24% to $754m due to tough comparisons with Dead Island 2
Embracer Group has released its financial results for the first quarter of its fiscal year, with net sales dropping 24%…
Aug. 15, 2024
Embracer prioritizing 'controlled key IPs' to improve profitability of PC and console releases
Embracer prioritizing 'controlled key IPs' to improve profitability of PC and console releases
The conglomerate currently has 127 projects in development–down on the 215 it had in the works this time last year.
Aug. 15, 2024
Krafton saves Tango Gameworks, and numbers. All of the numbers | GI Microcast
Krafton saves Tango Gameworks, and numbers. All of the numbers | GI Microcast
The latest episode of The GamesIndustry.biz Microcast is now available to download.
Aug. 13, 2024
Take-Two sees small financial growth, reiterates GTA VI fall 2025 release window
Take-Two sees small financial growth, reiterates GTA VI fall 2025 release window
The publisher touts 'steady' growth and sizable net losses, but is biding its time until Rockstar's open-world game provides a big revenue boost next year.
Aug. 10, 2024
Remedy's year opens with revenue boost, focus on non-Alan Wake projects
Remedy's year opens with revenue boost, focus on non-Alan Wake projects
The Finnish developer is seeing 'improved profitability' as it turns its attention to making the Max Payne remakes and Control's multplayer spinoff.
Aug. 10, 2024
Unity revenue drops 16% to $449m during Q2
Unity revenue drops 16% to $449m during Q2
Unity has released its financial results for the three months ended June 30, 2024, showing a decrease in revenue which …
Aug. 9, 2024
Alan Wake 2 recoups majority of dev costs as Remedy reports H1 revenue rise
Alan Wake 2 recoups majority of dev costs as Remedy reports H1 revenue rise
Remedy has published its financial results for the first half of 2024, and reported an increase in revenue and "improve…
Aug. 9, 2024