Game industry business news

Total video game spending in the US fell two per cent year-on-year to $568m this August, following declines in both hardware and software spending, according to the latest data from NPD. On the hardware front, spending growth generated by the Switch (which remained the best-selling piece of hardware last month) …

Team YP, the esports outfit run and sponsored by adult entertainment site YouPorn, has disbanded. The news comes from Clément ‘Quoizamama’ Dubois, who tweeted the news to his personal Twitter account. The team’s roster includes Valentine ‘Valmaster’ Petit, Dubois, Gregory ‘XEWER’ Boye, Enzo ‘Zenko’ Perri, Ivan ‘Osnazeni’ Markeljic  and Huge …

London start-up Conspexit Games Studio has teamed up with developer Kuju on a new augmented reality game. Using Conspexit’s proprietary tech, the duo hope to push the boundaries of the AR sector by not only challenging players’ overall skill level, but also provide an opportunity for them to "participate in …

Wired Productions has announced a new partnership with Danish studio Flashbulb Games to bring the physics-based puzzle platformer Max: The Curse of Brotherhood to the PS4. Max: The Curse of Brotherhood first released on Xbox One and PC back in December 2013, but this new partnership will see the beloved …

Licensing and merchandising are the big themes of this week’s issue of MCV, and with Brand Licensing Europe heading to London next month, we look at how games businesses can take full advantage of the huge predicted growth in brand extension. We also speak to Loot Crate to find out …

Boomeo, the Counter-Strike: Global Offensive training platform, closed down suddenly on Wednesday night. The platform, which provided practice servers and content for players looking to increase their skill, was run by WME-IMG and it’s believed that the platform closed down due to the departure of key WME-IMG personnel. The site …

Reports from Bloomberg suggest an extra $500 million might come from a new financing round

The former Microsoft studio that brought us Max and the Magic Marker, Max: The Curse of Brotherhood and Kalimba is bringing its latest game Trailmakers to PC and consoles next year. Flashbulb Games, previously Press Play, will be releasing its physics-based vehicle-building sandbox on Steam Early Access in December, before …

According to French market regulator AMF, JP Morgan disclosed their stake but wrote a letter to clarify that it had no strategy for control

The Switch may have been the main star of last night’s Nintendo Direct broadcast, but the 3DS wasn’t to be overlooked, as Nintendo announced yet another special edition hardware bundle for the handheld console to celebrate the upcoming launch of Pokemon Ultra Sun and Ultra Moon. The Poke Ball-themed New …