Video Games
E3 Canceled for 2023
The second effort to return the Electronic Entertainment Expo to an in-person event has come up short. ReedPop’s annual trade event for the video game industry has canceled its 2023 iteration, which was set to take place at the Los Angeles Convention Center from June 13 to 16. This year’s event would have marked the first […]
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BAFTA Games Awards: ‘God of War Ragnarok’ Wins Six Honors, But ‘Vampire Survivors’ Named Best Game
God of War Ragnorok made good on its record-breaking haul of BAFTA Games Awards nominations by emerging with the largest number of gongs from the 2023 ceremony. Held on Thursday night in London’s Queen Elizabeth Hall on the Southbank (and livestreamed on Twitch), the event — hosted by Julia Hardy and Inel Tomlinson — saw Sony’s bloody […]
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Guest Column: Apple TV’s ‘Tetris’ is Only One Half of the Story of Soviet-Born Video Games
A friend recently sent me the trailer of a forthcoming film from Apple TV+ with this message: How much of this do you think will be true? The film in question is Tetris, about the addictive, Soviet-born video game that stormed the West in the 1980s. A film about a bunch of bars moving about […]
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‘Angry Birds’ Maker Rovio’s Sale Talks With Israel’s Playtika End, Strategic Review Continues
Takeover talks between Rovio Entertainment, the Finland-based video games company behind Angry Birds, and suitor Playtika, the Israeli group behind casino-style online games and shooting simulator 1V1.LOL, have ended without a deal. “Preliminary discussions between Rovio and Playtika have now ended,” Playtika said on Tuesday without providing further details. Rovio made a similar statement. “The board of directors of Rovio continues […]
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‘Raid: Shadow Legends’ Video Game to Be Adapted Into Animated Series
Raid: Shadow Legends, the hit mobile and desktop game from Plarium Games, is getting the TV treatment. The fantasy role-playing game is being adapted into a limited 10-episode animated series that will release weekly on YouTube beginning on May 18. Titled Raid: Call of the Arbiter, the animated series is produced by Eric Rollman, the […]
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Gaming Industry Saw $51.5B in Investments, M&A Activity Last Year
The gaming industry saw investments and M&A activity reach a valuation of $51.5 billion during 2022, falling short of the record $74.5 billion seen in 2021, according to a Thursday report from the video game agency Digital Development Management. Of the 1,182 transactions monitored by DDM, the biggest drivers came from sales like Take-Two Interactive’s […]
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Take-Two Lowers Guidance, Plans Cost-Cutting Amid “Challenging” Gaming Market
Take-Two Interactive saw its net bookings fall below expectations during its fiscal 2023 third quarter as consumers shifted holiday spending toward “established blockbuster franchises” and titles with promotional discounts, the company said on Monday. For the three months ending on Dec. 31, Take-Two brought in $1.41 billion in revenue but reported a net operating loss […]
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‘Angry Birds’ Company Rovio Starts Sale Talks With Israel’s Playtika
Rovio Entertainment, the Finnish-based video games company behind Angry Birds, has begun non-binding talks about a sale with Playtika, an Israeli group behind casino-style online games and shooting simulator 1V1.LOL. Playtika has offered €9.05 ($9.74) per share, or €683 million euros ($735 million), for Rovio in the latest consolidation move in the gaming business. The […]
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Underscore Talent Signs Leading ‘Call of Duty,‘ ’Valorant’ Players to Gaming Division
Underscore Talent has picked up a group of leading esports players and gaming content creators, including those who specialize in games like Call of Duty, Valorant, Dota and Apex Legends. The esports players joining Underscore’s gaming roster includes Sam “s0m” Oh, a 20-year-old Valorant player who competes for the NRG esports organization; Anthony “Shotzzy” Cuevas-Castro, […]
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Why a Video Game Studio Is Banking on a TikTok Star to Introduce a Franchise
The timeline for a successful video game franchise usually goes like this: The game comes out and soon becomes popular among players. Avid fans start creating content inspired by the game and their favorite characters, helping bring that IP into pop culture. There might be a movie or TV adaptation. And as more people are […]
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Justin Roiland Resigns From Squanch Games Following Domestic Abuse Charges
Justin Roiland has resigned from the video game developer he co-founded, Squanch Games, as he faces felony domestic abuse charges. On Tuesday, the High on Life developer announced that Roiland had tendered his resignation as CEO on Jan. 16, four days after a NBC News revealed the creator was facing one count of domestic battery […]
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Xbox Sales Drop as Microsoft’s Gaming Division Declines in Revenue
Microsoft’s Xbox sales declined by 13 percent while the gaming system’s content and services saw a 12 percent drop in revenue, the company said on Tuesday as part of its quarterly earnings report for the three months ending on Dec. 31. Total revenue for the gaming division dropped by 13 percent year over year. In […]
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