Game industry business news

Former PlayStation exec and Sony Studios president Phil Harrison has been named as one of the first investors in VR studio Dream Reality. The developer was founded last year by industry veteran and former Sony man Dave Ranyard. Alongside Harrison, the company has also secured investment from independent creative company …

Streaming video service Twitch’s subscription program will soon be available for Affiliate creators. Affiliates will be able to take advantage of the usual $4.99, $9.99 and $24.99 subscription rates. Twitch Prime members will also be able to use their free 30-day channel subscription on Affiliates, too. We designed the Twitch …

Games publishers now have the option of utilising Rewarded Video in their Facebook titles. You may not be familiar with the term but you’ve very possibly encountered the system in mobile games. Rewarded Videos offer players the chance to watch a video ad in return for some sort of in-game …

Playdead’s award-winning platformers Limbo and Inside are coming to retail in a special double pack courtesy of 505 Games, the publisher has announced. The Inside/Limbo Double Pack will arrive on shop shelves later this autumn on PS4 and Xbox One priced at 19.99, says 505. It will land in the …

Sony has re-worked the streaming video services section on PS4. The company describes the redesign as a new, visually appealing, content driven video experience which enable players and their households to easily discover and stream the best video content across PlayStation Store and 3rd party services”. The main change is …

Gamers are facing a bit of a struggle to secure pre-orders for Nintendo’s recently announced SNES Classic Mini. The device earlier this week went up for pre-order with retailers such as GAME and Amazon before almost instantly going out of stock. Nintendo itself then made pre-orders available directly through its …

Jumpship also announced its first title, Somerville, to be developed in Guildford

An augmented reality studio founded by two former Valve employees has ceased operations. That’s according to Polygon, which reports that CastAR and closed its internal development studio Eat Sleep Play and laid off around 70 members of staff across its Palo Alto and Salt Lake City offices. A group of …

Sniper Ghost Warrior 3 and Lords of the Fallen developer CI Games has said that its future titles will be smaller and more tightly focused. Its most recent Sniper game faced a rough reception from critics, most of whom agreed that there were an unacceptable number of bugs. We’ve learned …

The developer behind Prison Architect has said that its latest release has proved a huge commercial disappointment. Scanner Sombre released in April but has managed to sell just 6,000 copies in its first two months on Steam. Prison Architect, meanwhile, has sold well in excess of 2m units. "It’s bombed …