Game industry business news

Moshi Monsters maker Mind Candy has confirmed that it has had to renegotiate some of its financial agreements in an effort to continue operating. Bloomberg reports that the company has agreed to a two year extension of its 6.5m loan from TriplePoint Capital, with TriplePoint taking a 2m markdown as …

The PC games scene has been taken aback by another surprise hit – PlayerUnknown’s Battlegrounds. Battlegrounds in an online multiplayer last man standing survival shooter with similarities to games such as DayZ and H1Z1’s Battle Royale mode. However, while the famous zombie shooter took around four weeks to hit a …

$1.5m in extra cash coming from Accel Partners and LocalGlobe

Minecraft’s commercial floodgates have been swung open even wider with confirmation of a new content platform. Microsoft has confirmed that Minecraft’s upcoming Discovery update will include a new Minecraft Marketplace. It will use a dedicated virtual currency called Minecraft Coins, which can be purchased via Xbox Live for real money. …

YouTube’s biggest star has claimed that he’s dropping some of the edgy humour he’s known for after a change in YouTube’s advertiser rules. While PewDiePie has made claims before that turn out to be false, in a new video he seems to insist that a switch to more family friendly …

Microsoft’s ID@Xbox program has come a long way since it first started in 2013. While the curated self-publishing program’s first titles included smaller indie games such as Drinkbox Studios’ Guacamelee and Nicalis’ 1001 Spikes, it’s now home to some of the biggest and most ambitious independently developed titles the industry’s …

The public spat between Gearbox and key reseller G2A has taken another twist. Gearbox recently got itself into a pickle by teaming up with G2A for the promotion of Bulletstorm: Full Clip Edition. It was only after going public that Gearbox seemed to become aware of G2A’s controversial background. It …

Team17’s expansion into the US marks a milestone in the company’s growth and benefits everyone from the publisher itself to the developers it represents globally. Jem Alexander finds out how

A gaming giant has come to roost in the UK capital and it is establishing a place where games developers may find themselves working alongside magicians, as Will Freeman finds out

The Witcher and Cyberpunk 2077 developer CD Projekt has attempted to quell the criticism it has faced over a recent trademark filing. The studio came in for some heat recently when it was discovered that it had filed a trademark for ‘cyberpunk’. People were not happy for fear that the …