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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. [164] 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 ...
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 ...
A WARN notice filed on May 7 details layoffs from Austin-based gaming company Arkane Studios where 96 employees no longer have jobs.. The company, which is owned by tech and gaming giant Microsoft ...
"The Video Game Industry Is More Successful Than Ever. Why Are the Workers Treated Like Garbage?". Slate.July 30, 2024. The cycles of M&A and subsequent cuts and closures have escalated so profoundly over the past few years ... that Wikipedia has a stand-alone article covering the nearly 21,000 jobs that the gaming sector shed from just the beginning of 2023 up through now.
Much of the GDC 2024 lineup, which includes more than 700 speaking sessions, was dictated by the GDC advisory board of 100+ veteran game and VR-AR professionals, who took their queues from GDC’s ...
In addition to updating the graphics and multiplayer capabilities of the base game and its original expansion, Hidden Path paved the way for a new expansion after 14 years called The Forgotten. According to Valve, the reason they are often collaborating with Hidden Path Entertainment is that they have known them for a while and their offices ...
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 ...
Visual Basic 2017 (code named VB "15.0") was released with Visual Studio 2017. Extends support for new Visual Basic 15 language features with revision 2017, 15.3, 15.5, 15.8. Introduces new refactorings that allow organizing source code with one action. [28] [29]