Game industry business news

Destiny 2 developer Bungie has pledged to be more open with fans after a period of growing unrest among its playerbase. The developer last week admitted that the game was artificially suppressing the amount of XP gained in some activities. This was discovered after fans became suspicious that the rate …

Three years after it was first supposed to be released, in-development space epic Star Citizen is now trying to sell digital land to hopeful space explorers. $50 will net players a 4km x 4km plot while $100 will grab an 8km x 8km space. Each will come with a ‘Geotack …

The 11th season of the X-Files TV show will be accompanied by a smartphone game. It’s called The X-Files: Deep State and is coming from FoxNext, which is the publisher behind the new Marvel Strike Force game which was announced in the wake of the confirmed closure of Marvel Heroes. …

It is now official – developer Gazillion Entertainment is no more. Its death also brings with it the immediate closure of Marvel Heroes. “It is with great sadness that we announce the closing of Gazillion Entertainment,” a statement read. “As a result, we are no longer able to operate Marvel …

The Star Wars Battlefront 2 controversy is hitting EA’s bottom line. CNBC reports that the company’s share price is down 8.5 per cent so far this month, wiping around $3bn off its value. In contrast, its larger rivals have seen share prices increase, as have the wider markets. It’s not …

Sony’s Eric Lempel appeared on CNBC in the US to hail last weekend as "the biggest Black Friday in Playstation history," adding that "we sold more consoles than we ever have in our 22 year history." That all came off the back of aggressive price cuts on console bundles – …

PlayerUnknown’s Battlegrounds will get the mobile treatment in China, Tencent revealed yesterday. This announcement comes on the back of Tencent securing PUBG Chinese exclusivity last week. But it now looks like the Chinese giant will publish and distribute more than the PC version, as it announced in a blog post …

We’re coming to the end of the financial results season. It’s not as glitzy as awards season, but then it’s hard to organise a big party without a bag of cash.  As far as the UK games industry goes, GAME’s full year results are key, as the health of the …

Unity has acquired GAME’s Multiplay Digital business for £19m, the High Street retailer announced this morning, with an initial transaction of £17.1m and £1.9m in escrow for 19 months. GAME initially acquired Multiplay in March 2015 for £20m. The company runs Insomnia and GAME’s Belong arenas, with Multiplay Digital being …

Jun Byung-Hun, the former Korean e-Sports Association (KeSPA) president, has had a warrant issued for his arrest mere days after issuing a statement denying all allegations of foul play. Byung-Hun is now wanted for charges including embezzlement and bribery, the result of government prosecutors looking into Byung-Hun’s actions while he …