UK video game and interactive entertainment sector valued at £7.82 billion in 2023
Game Developer
APRIL 15, 2024
Console hardware and digital software sales propped up the latest valuation.
Sega announces 121 redundancies at Relic Entertainment
GamesIndustry.biz
MAY 23, 2023
Sega has announced it will make 121 redundancies at Company of Heroes developer Relic Entertainment. Company of Heroes 3 launched on PC in February and arrives on consoles this month. Sega says it is restructuring the studio to focus on core franchises, including the Company of Heroes series.
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PlayStation 5 now represents 50% of Sony's active console base
GamesIndustry.biz
MAY 30, 2024
Sony Interactive Entertainment has given an update on its console business, revealing that 50% of its users are now on PS5, with the other half on PS4. In fact, the firm says that PS5 is the most profitable console generation so far. In fact, the firm says that PS5 is the most profitable console generation so far.
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Video games is no longer the biggest entertainment medium in the UK
GamesIndustry.biz
JANUARY 8, 2024
The the first time in over ten years, video games is not the UK's biggest entertainment medium. That includes sales of digital and physical video games, covering PC, mobile and consoles. ERA, which is the UK trade body representing video, music and games retailers, says that revenue made by video games in the UK reached £4.74
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Forever Entertainment on making what was old new again
GamesIndustry.biz
MAY 16, 2024
You have to consider how retro titles will play on modern consoles and for today's audiences. Forever Entertainment has proven itself in this field with the remakes of Panzer Dragoon, The House of The Dead, Front Mission 1st, and Front Mission 2. The list goes on.
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Where is the console hardware market headed? | Opinion
GamesIndustry.biz
FEBRUARY 23, 2024
We're in a very unusual place for hardware right now – still feeling the ripples and knock-on effects of the market distortions seen during the COVID-19 pandemic, even though direct effects like supply chain disruption are now behind us.
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Lightspeed Studios appoints Sony veteran as vice president of PC and console publishing
GamesIndustry.biz
MAY 24, 2024
Lightspeed Studios has appointed industry veteran Michael Pattison as vice president of its publishing division for PC and console. He left SIE in 2021, and was appointed CEO of Team17 in 2021 for two years.
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Why games consoles are holding back interactive storytelling
GamesIndustry.biz
JUNE 3, 2024
Agency is perhaps the most important distinction between video games and any other form of entertainment. You have no control over how the characters fare in any book, TV or film, but in games, the power is almost entirely in the hands of players.
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Disney’s $1.5 billion push into gaming and the future of entertainment
PreMortem.Games
FEBRUARY 12, 2024
Disney’s renewed push into interactive is a watershed moment in entertainment with video games at the center. The investment suggests that conventional media and entertainment firms are finally ready to dive into the games industry. billion push into gaming and the future of entertainment appeared first on PreMortem Games.
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The Play Pendulum • A theory of innovation cycles in interactive entertainment
PreMortem.Games
SEPTEMBER 20, 2024
Joost van Dreunen argues there’s a deeper, cyclical pattern that explains why interactive entertainment has entered a down period. A visualization of annual consumer spending on interactive entertainment, alongside key industry events, illustrates these shifts. Atari led the charge, creating new types of games for home consoles.
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Trends that shape the future of the PC & console market according to Newzoo
PreMortem.Games
MAY 4, 2023
Top image by Freepik The games industry has been one of the most resilient and profitable sectors in the entertainment industry. According to Newzoo’s PC & Console Gaming Report , the PC and console market still outperformed previous forecasts despite a slight decline of revenue (-2,2% year over year) in 2022.
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PC and console gaming had it rough in 2022, but things are looking up
PreMortem.Games
MARCH 16, 2023
So, how (relatively) bad did the PC and console market do in 2022? In the first ever PC & Console Gaming Report Newzoo dives into this section of the market. Pandemic gaming Last year, the combined revenue from the PC and console market reached $92.3 The battle for attention in the PC and console market is heating up.
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Handheld consoles are the industry's next battleground | Opinion
GamesIndustry.biz
NOVEMBER 29, 2024
Only a week or two after confirmation that Microsoft is working on a handheld Xbox device , we now have reports that Sony is also in the early stages of developing a new portable device – its first foray into this market since the discontinuation of the ill-fated PS Vita five years ago. Read more
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Why Bandai Namco is betting big on Unknown 9's transmedia universe
GamesIndustry.biz
MARCH 7, 2024
The series is the brainchild of Montreal-based developer Reflector Entertainment, which Bandai Namco acquired in October 2020. Read more
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Blizzard renews agreement with NetEase
GamesIndustry.biz
APRIL 10, 2024
Blizzard Entertainment has renewed its publishing agreement with NetEase, which is set to begin this summer. Microsoft has also entered an agreement with the games firm to bring NetEase titles to Xbox consoles and other platforms.
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US kids want games subscriptions and virtual currency more than games this Christmas
GamesIndustry.biz
NOVEMBER 27, 2023
A report by the Entertainment Software Association has found that 72% of children in the US want games-related products for Christmas, but only 22% have asked for physical games. Subscriptions were the most popular gift idea at 39%, followed closely by consoles (38%), games accessories (32%), and in-game currency (29%). Read more
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Xbox announces slate of four titles launching on non-Xbox systems
GamesIndustry.biz
FEBRUARY 21, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox Xbox Games Studios has announced that it will be publishing four titles on the Nintendo Switch and PlayStation 4|5 consoles. As of tomorrow, users who own either system can purchase Obsidian Entertainment's narrative title Pentiment and survival game Grounded.
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Mordhau on consoles: “A lot of smoke and mirrors go into making things hit”
PreMortem.Games
JULY 17, 2023
Now that Mordhau has arrived on both PlayStation and Xbox , console players finally get the chance to hack & slash their way through medieval battlegrounds. The console version supports 64-player online matches with crossplay exclusively for console players. So, we had to be smart and make everything dynamic.
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Andrew Byatt and Dominic Wheatley on Evercade’s success and their retail plans for Blaze’s expanding line of retro consoles
Game Development News
JULY 24, 2024
The Evercade platform, augmented by the Game Boy-inspired Super Pocket last year, is about to enjoy a refresh to its console and handheld hardware ahead of an arcade-style system, the Evercade Alpha, joining the line-up at the end of the year. The revised systems, the EXP-R and VS-R, will be bundled with the Tomb Raider …
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1m sales and zero marketing: The story (so far) of Wobbly Life
GamesIndustry.biz
NOVEMBER 2, 2023
Chaotic, funny, unpredictable… They're exactly the sort-of game that's ideal for entertaining viewers on YouTube. Developed by UK indie Rubber Band Games, the game has been dubbed 'GTA meets Human: Fall Flat' and has sold over one million copies across PC and consoles already. Physics-based games are catnip to influencers.
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Embracer sales drop 24% to $754m due to tough comparisons with Dead Island 2
GamesIndustry.biz
AUGUST 15, 2024
There were also sales declines across its mobile, tabletop and entertainment divisions, but the company said these were in line with expectations due to a quieter release slate compared to the same quarter last year. billion ($754 million).
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Should Xbox and PlayStation make a handheld console? | Opinion
GamesIndustry.biz
DECEMBER 18, 2024
As the ninth generation enters mid-life, the rumour mill has started again on what new console hardware will look like. Reports have come out that both Microsoft and Sony are courting console handhelds as the next best thing. Reports have come out that both Microsoft and Sony are courting console handhelds as the next best thing.
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VR hype soars as Facebook buys Oculus | 10 Years Ago This Month
GamesIndustry.biz
MARCH 28, 2024
The modern era of virtual reality as we know it started around June of 2012, when John Carmack brought the Oculus Rift to the Electronic Entertainment Expo and showed it off to attendees with Doom 3 BFG Edition. Read more
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Sporty Group acquires Sociable Soccer
GamesIndustry.biz
AUGUST 19, 2024
Sports and betting entertainment company, Sporty Group, has acquired Sociable Soccer. Console releases are also slated for later this year. “I am very proud of my games and business legacy," Hare told VentureBeat.
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Sony's Jim Ryan discusses cloud gaming, Call of Duty and Starfield in court
GamesIndustry.biz
JUNE 28, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox Sony Interactive Entertainment CEO Jim Ryan believes that cloud gaming will not begin to become a significant part of the games industry for at least a few more years, perhaps not for another decade. Read more
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Sony's third-party plan to make PlayStation the best place to play
GamesIndustry.biz
MARCH 1, 2023
As Sony Interactive Entertainment's head of third-party portfolio and acquisitions, Shawne Benson is in a good position to trace the platform holder's evolving strategies when it comes to – in her words – "making PlayStation the best place to play."
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Mobile vs. Console Gaming: A Detailed Guide
Juego Studio
SEPTEMBER 5, 2023
Video games have become one of the grossing entertainment industries in recent years. Consoles and mobiles are two of them. Consoles have larger screens, and high-quality graphics, and can perform multiple actions using game controllers. The advancement in technology has given rise to many gaming platforms.
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Diablo 4 is now Blizzard’s fastest-selling game of all time
GamesIndustry.biz
JUNE 6, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox Blizzard Entertainment has revealed that Diablo 4 is its fastest-selling game to date. While the title's units sold figure was not provided, the firm added that it was the highest pre-release sales for PC and home consoles. Read more
PS5 hits 4m UK sales, 31 weeks slower than PS4
GamesIndustry.biz
AUGUST 9, 2024
PlayStation 5 has now sold through four million consoles in the UK, GfK data reveals. It's the ninth console to achieve that feat in the UK, but took 31 weeks longer to get there than PlayStation 4. It's the fifth-fastest selling console in the UK, although it has a comparatively much higher price point than those ahead of it.
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Destiny 2 | Games of the Year 2022
GamesIndustry.biz
DECEMBER 22, 2022
Great entertainment is timeless (unless it is indeed a live service title in which content can be removed from the internet at any time). Truly one of the most captivating sci-fi universes I've ever spent time in"I didn't quite grasp the concept of a live service on consoles back then, I wanted the content I'd paid for immediately and fully.
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Aldora market forecast 2025: Game Industry is slowly moving upward
PreMortem.Games
AUGUST 26, 2024
Some highlights from the report: The global market for interactive entertainment is on course to reach $250.2 Console gaming is on track to reach $44.9 Console hardware sales are projected to decline sharply by 31% in 2024 and another -11% in 2025E, due to the end of the current console generation cycle. year-over-year.
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Sony's results show the rewards of diversification | Opinion
GamesIndustry.biz
AUGUST 9, 2024
We all know, at this stage, that rumours of the death of the console were greatly exaggerated. Even as each successive generation of console hardware boomed, confident prophets told us that decline into irrelevance was inevitable for this sector. Read more
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Evercade units stolen in robbery
GamesIndustry.biz
DECEMBER 8, 2022
Retro console Evercade and its creator Blaze Entertainment were the subjects of a robbery on December 6, which saw an amount of stock stolen from the company. In a blog post , the firm said that a lorry carrying limited edition units of the Evercade EXP was the subject of a suspected "targeted, possible organised attack."
PS5 sales hit 50 million worldwide
GamesIndustry.biz
DECEMBER 20, 2023
PlayStation 5 has sold 50 million consoles worldwide, Sony has announced. It achieved the feat on December 9th, 2023, which means the console is now tracking just one week behind the PlayStation 4. Back in July when the console hit the 40 million mark, it was tracking two months behind PS4. Read more
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Newzoo looks at different generations • Mobile most popular among all ages
PreMortem.Games
OCTOBER 20, 2023
For Generation Alpha, video games are the number one source of entertainment, with 22% of their leisure time spent on gaming. Dedicated game console Across every generation, mobile is the most used platform for playing games. Meanwhile, console and PC gaming are significantly popular among younger generations.
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Atari acquires Intellivision brand and over 200 games
GamesIndustry.biz
MAY 23, 2024
Details on the games were not shared, but Intellivision LLC will continue to develop the Amico games console separately with a license from Atari to distribute games on the platform. Atari has a picked up the Intellivision brand name and 200 games from Intellivision LLC.
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As supply chain issues subside, the cold console war heats up | Opinion
GamesIndustry.biz
MARCH 17, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox The first couple of years of the current console generation have been very unusual, to say the least.
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What is the elevator pitch for a PS5 Pro? | Opinion
GamesIndustry.biz
MARCH 22, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox A few weeks ago, I wrote about the unusual situation we’ve found ourselves in regarding console hardware – with the Nintendo Switch on one hand being seriously strained by an over-long tenure (despite being pretty low-powered when it launched), while the current (..)
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Fable and Star Wars Outlaws headline Xbox Games Showcase
GamesIndustry.biz
JUNE 11, 2023
Sign up for the GI Daily here to get the biggest news straight to your inbox Microsoft showed off the first look at Playground Games' Fable, Massive Entertainment's Star Wars project, and even announced a new console SKU during today's Xbox Games Showcase.
How well will the PS5 Pro sell?
GamesIndustry.biz
SEPTEMBER 12, 2024
From the reactions we've seen to the PS5 Pro's $700 price tag, it would be easy to think Sony's new console is dead on arrival. To get a better sense of the PS5 Pro's prospects, GamesIndustry.biz spoke to a number of analysts about their sales expectations and the many factors that affect a mid-generation console's launch.
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Report: Sony working on new PlayStation handheld
GamesIndustry.biz
NOVEMBER 25, 2024
Sony is reportedly working on a handheld console compatible with the PlayStation 5 portfolio. Read more
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PlayStation 5 shipped 4.9m units during Q2 2023
GamesIndustry.biz
NOVEMBER 9, 2023
The highlights Sony attributed the increase in sales during the second quarter to growth in its G&NS, music, and picture sectors, while also experiencing an income decrease in its financial and entertainment, technology and services segments. million copies sold across PlayStation consoles. billion), representing 67.6
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Shuhei Yoshida on his BAFTA, breaking the rules, and opening PlayStation to more indies
GamesIndustry.biz
MARCH 30, 2023
The impact the game had on the people who played it, the emotional reaction that game created to almost console people who had lost love ones… By playing the game, you can reflect on the people you loved, their life and death."
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Judge rules in PlayStation's favour in $500m patent infringement lawsuit
GamesIndustry.biz
MARCH 27, 2024
Sign up for the GI Daily here to get the biggest news straight to your inbox A US District Court judge has ruled that Sony did not infringe on another company's patented technology with its PlayStation consoles and controllers. Genuine Enabling Technology first filed a complaint against Sony Corporation in 2017. Read more
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