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Despite the layoffs, studio closures, and cancellations of video game projects, as well as high inflation, the video game market continues to remain robust. [165] Many investors and industry analysts believe that the video game industry will fully recover in 2025 with major releases like Grand Theft Auto VI , Monster Hunter Wilds , Ghost of ...
Take-Two Interactive Software Inc (NASDAQ:TTWO), the maker of the Grand Theft Auto franchise, plans to close two subsidiaries, Roll7 and Intercept Games, as part of mass layoffs. Roll7, based in ...
According to IDC, mobile game revenue shot up 32.8% to $99.9 billion in 2020, while digital PC and Mac game spending jumped 7.4% to 35.6 billion. Home console game spending, meanwhile, soared 33.9 ...
This round of layoffs come after a brutal 14 months in the video game industry. Thousands of jobs were cut in the video game sector in 2023, with industry estimates suggesting roughly 6,500 video ...
They also collaborated with Valve on the You Monster! expansion pack for Defense Grid which features the character GLaDOS from the Portal video game series. In March 2021, it was announced that Hidden Path was developing "a AAA , third-person, open-world" Dungeons & Dragons game with Whitney "Strix" Beltrán as the narrative director .
Firesprite is a British video game developer based in Liverpool. It was established in 2012 by former members of Studio Liverpool. [2] [3] [4] In September 2021, Sony Interactive Entertainment, who had been the parent of Studio Liverpool, acquired the company, making them a first-party developer for PlayStation Studios.
(Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on ...
If they started in 2023, maybe move the article to 2023–2024 video game industry layoffs TarkusAB talk / contrib 23:42, 6 March 2024 (UTC) Embracer's $2B deal that fell through needs to be added here. That was a major catalyst within Embracer's studios but has had reverbating effects from there. --M asem 01:48, 8 March 2024 (UTC)