Game industry business news

Prism developed by former Hollywood artist Clint Siu

Motiga, the creator of MOBA Gigantic, has suffered yet another round of layoffs. Following job losses in December, a "significant percentage" of staff have now been temporarily laid-off as a result of money troubles. "Our financial situation is such that we are unable to continue supporting the entirety of the …

Fears about the situation at Rock Band 4 co-publisher Mad Catz have been confirmed with news that over a third of the company’s workforce are losing their jobs. The changes are designed to "focus on lowering operating costs, increasing efficiencies and better aligning its workforce with the needs of the …

South Korean mobile studio saw income rise by more than a third last year

The French video games market generated more than $2.4bn (1.6bn) in revenues in 2015, which is a slight increase of 1.4 per cent compared to the previous year. The industry is expected to keep on growing by 1.5 per cent until 2018. France is the third European market in terms …

Handheld puzzle series Lumines is making a return with two new instalments this year. Destructoid reports that Mobcast, which acquired the Lumines and Meteos licenses from Q Entertainment a year ago, has confirmed both the vanilla Lumines 2016 and a free-to-play title named Lumines VS. The former is due for …

This March, Birmingham’s NEC will play host to tournaments for six games totalling 19,000 in prize money for UK gamers. The Insomnia57 event over the March 25-28 weekend will also be one of the first Street Fighter V tournaments on British soil, with 1,000 on the line. As the festival …

For almost half a century, BBC Radio 1 has been famous for having its finger on the pulse of youth culture. The station has had the ability to make or break artists and bring new voices to the mainstream. And now Radio 1 wants to have a go at covering …

Angry Birds owner Rovio has separated its book and comic publishing operations into a new affiliate company called Kaiken Publishing. Kaiken will focus on both children’s and teen content. Angry Birds will of course be the focus, although it will also try to develop the likes of Storm Sisters and …

As we countdown to the MCV Awards 2016, which takes place in London on March 3rd, we profile each of the finalists for the Mainstream Retailer category Amazon Big news for Amazon came late last year when SCE UK boss Fergal Gara quit the format holder to take up the …