Game industry business news

InXile Entertainment secures $4.5m investment for new VR title

1 brian fargojpg InXile Entertainment secures $4.5m investment for new VR title

The studio behind Wasteland and Tides of Numenera has announced it’s working on a VR open world survival RPG title after securing a combined equity and project investment of $4.5m from a subsidiary of Japan’s global entertainment publisher and developer Gumi Inc. InXile Entertainment, who’s also currently working on Wasteland …

Read More »

Opinion: DLC-quels

uc4lost screenjpg Opinion: DLC-quels

Expansions for narrative games are becoming too big for their boots. Jem Alexander thinks these smaller triple-A experiences are a great way to remove financial pressure from developers and players alike

Read More »

Ex-ARM and Guerrilla Cambridge devs form new VR, AR and MR firm Virtual Arts

1 virtual artsjpg Ex-ARM and Guerrilla Cambridge devs form new VR, AR and MR firm Virtual Arts

A team of ex-ARM and Guerrilla Cambridge devs have set up a new company based in Cambridge dedicated to revolutionising the worlds of virtual, augmented and mixed reality technology and content. Virtual Arts was initially formed in December 2016 when co-founders Nizar Romdan and Doug Day (CEO and CTO respectively) …

Read More »

Oculus Rift price cut ‘shows a lack of confidence’ – SuperData

2 oculus touchpng Oculus Rift price cut 'shows a lack of confidence' - SuperData

Oculus’ recent price cut to its Rift virtual reality headset as part of its Summer of Rift sale may be actually doing more harm than good, says research firm SuperData. Oculus dropped the price of its Rift + Touch bundle by another 200 in the UK on Monday,taking the price …

Read More »

Logitech snaps up Astro Gaming in $85m deal

cvkto vxgamgrfojpg Logitech snaps up Astro Gaming in $85m deal

Peripheral company Logitech has announced its acquisition of headset and sound outfit Astro Gaming in a deal worth $85m in cash. While Logitech are known primarily for their PC peripherals, Astro has strong brand awareness in the console space for their headsets, and by acquiring them Logitech has put itself …

Read More »

Konami partners with Topps Trading Cards for PES 2018 promotion

1 pes topps cardpng Konami partners with Topps Trading Cards for PES 2018 promotion

Konami has teamed up with Topps Trading Cards for a special PES 2018 promotion, which will see limited edition UEFA Champions League Match Attax trading cards for the upcoming 2017-18 tournament appearing in boxed copies of the game. Starting on September 14th to coincide with the game’s launch on PS4, …

Read More »

Bootleg NES Classics start to appear online

1 nesminibootlegjpg Bootleg NES Classics start to appear online

Chinese manufacturers have moved to address the demand left by Nintendo’s decision to stop producing the NES Classic. As spotted by Neogaf, a bootleg version of the machine has started to appear on some sites. Listings have apparently been removed from Western-facing Chinese retailer AliExpress, but with stock now out …

Read More »

Riot sues alleged League of Legends clone developer

mobile legendspng Riot sues alleged League of Legends clone developer

The maker behind League of Legends is taking a mobile game developer to court having accused it of appropriating from the smash hit MOBA. Slingshot reports that Riot is suing Shanghai Moontown Technology for alleged copyright infringement. Three games are specifically mentioned – Magic Rush: Heroes, Mobile Legends: 5v5 MOBA …

Read More »