News

DLC and back catalog sales drove Sega's 'strong' second-quarter games business
DLC and back catalog sales drove Sega's 'strong' second-quarter games business
Unicorn Overlord and other older titles led the charge for Sega's growing sales this quarter.
Nov. 12, 2024
PlayStation's rising game sales boost Sony financials as PS5 passes 65m shipped
PlayStation's rising game sales boost Sony financials as PS5 passes 65m shipped
Sony has released its latest financial results, showing an uptick across the board for its PlayStation business.
Nov. 8, 2024
Sega's half-year results driven by 22% rise in games revenue
Sega's half-year results driven by 22% rise in games revenue
Sega published its financial results for the six months ended September 30, 2024, with sales across the wider company d…
Nov. 8, 2024
MultiVersus and Harry Potter deliver $100 million loss for WB Games
MultiVersus and Harry Potter deliver $100 million loss for WB Games
MultiVersus, Quidditch Champions, and Suicide Squad have resulted in a combined $300 million writedown in WB's games sector.
Nov. 8, 2024
Sony 'learned a lot' from Concord failure, will now leverage the strength of 'proven IP'
Sony 'learned a lot' from Concord failure, will now leverage the strength of 'proven IP'
Following some live service hits and misses, Sony feels single-player titles have a 'higher predictability of becoming hits.'
Nov. 8, 2024
FromSoftware parent Kadokawa expands into console and PC publishing
FromSoftware parent Kadokawa expands into console and PC publishing
FromSoftware's parent company, Kadokawa Corporation, is "developing a structure" to "expand the scope" of in-house publ…
Nov. 7, 2024
Unity revises fiscal projections as Q3 2024 financials "exceed guidance"
Unity revises fiscal projections as Q3 2024 financials "exceed guidance"
Unity has released its financial results for the three months ending September 30, 2024, stating its third quarter resu…
Nov. 7, 2024
Warner Bros Discovery says its games division is "substantially underperforming"
Warner Bros Discovery says its games division is "substantially underperforming"
Warner Bros Discovery has taken "another $100+ million impairment" due to the "underperforming" MultiVersus.
Nov. 7, 2024
Take-Two looking at 'select mobile M&A opportunities' after Zynga integration
Take-Two looking at 'select mobile M&A opportunities' after Zynga integration
The Grand Theft Auto maker recently made a bunch of layoffs and sold Private Division, but remains keen to splash the cash on mobile M&A.
Nov. 7, 2024
Take-Two Interactive hails "strong results" as Q2 2025 net bookings rise to $1.47 billion
Take-Two Interactive hails "strong results" as Q2 2025 net bookings rise to $1.47 billion
Take-Two Interactive marks "another consecutive quarter of strong results," with net bookings up 2% to $1.47 billion, i…
Nov. 6, 2024
Nintendo lowers full-year forecast as H1 sales fall 34% to $3.4bn
Nintendo lowers full-year forecast as H1 sales fall 34% to $3.4bn
Nintendo has released its financial results for six months ended September 30, showing further declines in both hardwar…
Nov. 5, 2024
Remedy revenue rises 129% during Q3 2024
Remedy revenue rises 129% during Q3 2024
Remedy has released its financial report for the third quarter (July to September 2024), and has reported a significant…
Nov. 4, 2024