Game industry business news

Ten years of 505 Games

Cooking Mama, Zumba, Terraria… 505 Games’ decade in the games industry is littered with surprise blockbusters, and the publisher is now set to launch its most unusual line-up yet. We speak with 505 Games president Ian Howe and global marketing chief Tim Woodley on the firm’s story so far How …

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Reports: eSports made up to $400m last year, could make $1bn in 2016?

The total revenue of the eSports industry in 2015 was between $325m and $400m, claim two market reports issued by NewZoo and Deloitte this month. The 2016 Global Esports Market Report released by research firm NewZoo yesterday suggests that this figure will increase to $463m in the coming year, a …

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Xbox refunds $8,000 FIFA credit card bill

Microsoft has compensed the father of a 17-year-old who rackedup a bill of over $8,000 on FIFA. The teenager spent a grand total of $8,206.43 on FIFA in-app purchases, as well as other Xbox services on his feather, Lance Perkins. Perkins, who had given his son his credit card for …

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FACEIT secures $15m to expand eSports tournament organisation service

Competitive gaming platform FACEIT has today raised $15m in Series A funding in order to expand to more games and communities. The service allows tournament organisers to easily draft brackets and initiate matches for players competing in Dota, CS:GO or other team-based eSports events, as well as distribute prizes for …

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US politician Donald Rumsfeld has released a video game

Former US Secretary of Defense Donald Rumsfeld has made an unexpected foray into the video games industry. The politician has released a mobile version of Churchill Solitaire, Sir Winston Churchill’s extra difficult version of solitaire. According to an FAQ on the title’s website, the game was taught to Rumsfeld by …

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NCSoft’s Blade and Soul player count surpasses 1m

Less than a week after it launched, new MMO Blade and Soul has shot past one million active players. NCSoft’s title launched on Tuesday January 19th 2016 in Europe and America following its debut in China and South Korea in 2012. The publisher announced that Blade and Soul was set …

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VIDEO: Platinum’s Teenage Mutant Ninja Turtles game revealed

The rumours were true – the next title from Platinum Games is based on the Teenage Mutant Ninja Turtles. Some think of the heroes in a half shelf as a ‘90s phenomena, but in truth they’ve never really gone away. Recent successes have included the actually really, really good animated …

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Unravel developer says EA is ‘the friendly giant’

EA may have a poor reputation amongst some gamers. But according to the creator of Unravel, the publisher is not the villain that some people seem to think. Coldwood Interactive’s Martin Sahlin told The Observer newspaper that he had expected to be ‘bullied’ by EA when the firm tried to …

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Sony creates PlayStation-focused Sony Interactive Entertainment division

Sony has announced it is merging its Computer Entertainment and Network Entertainment operations together to form Sony Interactive Entertainment. According to an announcement made on Sony’s corporate portal, the change is effective as of April 1st 2016, with the new consolidated operation being headquartered in San Mateo, California. Sony Computer …

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Five Nights at Freddy’s World pulled from Steam

After what can at best be described as a troubled launch, developer Scott Cawthon has removed Five Nights at Freddy’s World from Steam. The game launched with a number of bugs and missing features, with Cawthon admitting that: There are a lot of features that this game should have had …

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