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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 ...
In February, Disney announced a $1.5 billion investment in Fortnite game owner Epic Games. Netflix’s gaming library grew to 86 titles in 2023. The streaming giant looks to double it by adding 90 ...
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.
“Lord of the Rings” and “Tomb Raider” owner Embracer Group has unveiled a dramatic company restructure including the appointment of a new chief operating officer, a new chief strategy ...
Panic Button, LLC is an American video game developer based in Austin, Texas. Founded in late 2007, the studio is best known for their ports of AAA video games from other platforms to the Nintendo Switch console. [2] [3] Panic Button also does contract work on other platforms, including 4K updates for PlayStation 4 Pro and Xbox One X. [2]