Epic Game's battle royale, Fortnite, led Newzoo's revenue and user engagement charts for March. This is according to the research firm's March monthly engagement and revenue charts for games across the PC, Xbox, PlayStation, and Switch. The data now covers the US, UK, Germany, France, Spain, and Italy markets. Fortnite continues to have the most monthly active users (MAU) it did in February. Last month, the third-person shooter was also second in consumer revenue. Read more ..read more

Phoenix Games has acquired live operations firm PopReach Games India. The purchase of PopReach from Ionik is nearly $9.8 million in cash. With the acquisition, Phoenix intends to expand its global market presence with the studio's library of free-to-play titles. Read more ..read more

You can now download or watch the latest GI Microcast, offering you a quick dive into the biggest stories of the past week. This week, Chris and James are joined by Neil Long, founder and editor of MobileGamer.biz to discuss Embracer's announcement that it will be splitting into three companies. We reflect on the ramifications of this separation, as well as what led to this point, and draw on some of the key takeaways from our interview with CEO Lars Wingefors. We also talk about the potential implications of the US' proposed ban on TikTok, and Long tells us why Supercell's Squad Busters - th ..read more

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Kakao Games will be shutting down the North American and European servers for ArcheAge on June 27. The open-world MMO developed by XL Games was initially launched back in 2015. In the announcement, Kakao Games attributed the game's sunsetting to its player performance. Read more ..read more

Capcom has announced that it has revised its full-year earnings forecast for the fiscal year ended March 31, 2024. Previously, the figure was ¥140 billion ($892 million), and now the forecast is set to ¥152.4 billion ($971 million). The change represents an increase of 9%. The change was attributed to the performance of its digital content business. While Dragon’s Dogma 2 released with just ten days remaining in the fiscal year, Capcom cited its impact in the revision, saying it "has performed favorably." Read more ..read more

The US government this week said it will ban TikTok if the platform isn't sold in the next nine months. It's a terrible idea, one predicated on the app being a national security risk because it's owned by Chinese firm ByteDance. ByteDance said it will challenge this through the courts, but with the Supreme Court now firmly entrenched in its Calvinball era, who knows if the actual constitutionality of the law (or lack thereof) will have any bearing on its ultimate fate? Read more ..read more

Thunderful Group is divesting one of its distribution businesses, Nordic Game Supply, selling the company to a firm run by its current acting CEO. The games publisher announced as part of its financial results in February that it was implementing a "strategic evaluation" of Nordic Game Supply, whose struggles with profitability since 2022 were a major contributor to Thunderful's losses of $59.2 million (compared to a profit of $11.8 million in the same quarter a year prior). That evaluation has resulted in the sale to Handelsselskabet, a company owned by Nordic Game Supply's acting CEO Henrik ..read more

So, there’s a prestige, high-budget TV show based on Fallout, and it’s not only pretty great, it’s also so successful that a second season has already been greenlit. Perhaps the most surprising thing about this is how unsurprising it has become – how little time it took for us all to become blasé about video games properties being adapted into high-quality, well-received TV shows and movies. Go back in time only ten years or so and try to explain that this would happen to anyone in the industry, and they’d think you a hopeless optimist at best. Yet here we are in 2024 with not only Fallout, b ..read more

Some of the developers behind the BAFTA-winning Before Your Eyes have banded together to form a new studio, Nice Dream Games, and are working on a spiritual successor to the blink-controlled title. Los Angeles-based Nice Dream Games was founded by Before Your Eyes game director Oliver Lewin and writer Graham Parkes, with several members of the original team joining the two childhood friends at their new company. Their debut game will be Goodnight Universe, a narrative adventure in which you play a six-month-old baby developing psychic abilities. Like the team's previous title, this will be pu ..read more