Game industry business news

Developer id Software has scrapped its earlier work on Doom 4 to work on a new version” of the game, publisher Bethesda has revealed. Several reports in late 2011 had suggested that work on Doom 4 had been halted indefinitely, but it now appears that id had scrapped that project …

Activision has recovered the rights to the King’s Quest franchise from Telltale Games, as The Walking Dead developer has confirmed it is no longer working on anything related to rebooting the classic adventure series. Steve Allison, Telltale’s Senior VP of publishing, toldDigital Trendsthat the studio returned the IP to Activision …

Disney has announced that it is shutting down LucasArts, the game development arm of Lucasfilm, choosing to outsource future Star Wars games to minimise risk. After evaluating our position in the games market, we’ve decided to shift LucasArts from an internal development to a licensing model, minimising the company’s risk …

Angry Birds creator Rovio raked in $195m in revenue last year, thanks in large part to merchandise sales for the popular casual IP. The developer reports it brought in a net profit of $71.3m in 2012, up $25m from the previous year. Consumer products – such as clothing lines, plushies, …

LucasArts is to be disbanded by new owner Disney. The firm’s game publishing and internal development business will close, with Lucas properties such as Star Wars to be licensed to external businesses, Game Informer reports. The full statement from Disney – which bought parent LucasFilm and the Star Wars franchise …

Intel Developer Blog: Softtalkblog recommends tools and resources for porting apps

We had reported a few days ago that the demo for Injustice: Gods Among Us would be part of today’s PSN Store update, but the demo seems to have been left off the Indian store. Browsing through the store, the only Injustice content to be found was a PS3 theme. …

Square Enix has released the first video of Deus Ex: Human Revolution Director’s Cut on the Wii U. The publisher describes it as the ultimate edition of the popular sci-fi action RPG. It comes replete with a host of changes – not least of which are the alterations made to …

The angry whining of teens on the internet should not be mistaken for actual, real-world opinion. That much is certainly true. Whether it can be applied to arguments surrounding free-to-play gaming is probably slightly more debatable. There’s no confusion as to which side of the fence EA sits on, however. …

The creative director of Just Cause 3 developer Avalanche has predicted fewer triple-A game releases in the future. That’s not to say that triple-A is going away, of course – despite the booming development costs and seemingly shrinking market. "I don’t think big-budget games are going away,” Stefan Ljungqvist told …