Game industry business news

Esports website Slingshot Esports is closing its doors today, ceasing operations after two years. CEO Joe Ragazzo posted a statement to the website on Monday, entitled“A letter to our readers.”In the post, Ragazzo mentions that Slingshot was unable to find the funding to continue to operate. Slingshot was well regarded …

Icelandic games giant CCP has called time on its big virtual reality adventure. CCP was one of the earliest and largest supporters of VR, but has now announced its intentions to quit the sector. The move comes at the cost of 100 jobs and two studios. Its Atalanta office is …

After its first year on the market PS VR stands at something of a crossroads as we approach the key retail quarter. Today at Paris Games Week it showcased a raft of titles for the device, undoubtedly to get the platform moving before the key sales season – waiting for …

A couple of months after Sony launched its first PlayLink titles, the platform holder just announced a new IP at Paris Games Week. Called Erica, it’s in development at London-based studio Flavourworks and is a live-action, narrative-driven experience in which players’ choices have a direct impact on the story. For …

Sony’s Paris Games Week press conference brought us new details on two highly anticipated PS4 exclusive titles: Quantic Dream’s Detroit: Become Human and Naughty Dog’s The Last of Us Part 2. Having been in development since 2013, Detroit: Become Human finally got a more precise release window. The new IP …

Coming out of Sony’s London Studio is Blood and Truth, with the title just being revealed at Sony’s Paris Games Week Press Conference. While Sony’s support for its VR headset has been admirable, it’s arguably lacked the kind of tentpole titles that get non-VR enthusiasts to splash out cash on …

Sony kicked off Paris Games Week earlier today with its press conference. Among other announcements, the platform holder unveiled a new IP from Infamous and Sly Cooper developer Sucker Punch. Entitled Ghost of Tsushima, the open-world samurai title, set in medieval Japan, kicked off Sony’s conference and will be a PS4 …

A Chinese gaming association has warned that the game could be too violent and bloody

Retailer GameStop has sort of just become a Blockbuster for games. Kotaku reports that its new PowerPass program offers a six-month membership program for $60. Once signed up, members can pick up games from the retailer’s pre-owned library and play them for as long as they want. There’s no limit …

Psychological adventure title Hellblade has sold in stronger numbers than its developer expected. The Ninja Theory game, which came out in August, offered an atmospheric tale framed by an interesting depiction of severe mental health issues. It was, of course, also a single player game – which is especially pertinent. …