A new fund has entered the gaming market, Bloomberg reports, citing sources. According to its information, Tripledot Studios co-founder Akin Babayigit has launched a fund called Arcadia Gaming Advisors, which will support mobile game developers.

Monster Hunter Wilds has become Capcom’s fastest-selling game. The company announced that it took the new release only three days to sell over 8 million copies worldwide.

The British company Sumo Group has parted ways with the publisher Secret Mode, which released Still Wakes the Deep, A Little to the Left, Dear Esther, and numerous other games. It sold the publisher for an undisclosed amount.

The Chinese giant Tencent has acquired an additional 1.11% of shares in the Japanese media conglomerate Kadokawa, which owns the studio FromSoftware. This is reported by the Nikkei newspaper, citing Tencent’s financial statements.

Kenji Ozawa is one of the two game directors behind the Japanese action RPG Visions of Mana. He has announced the launch of his own studio, named Studio Sasanqua.

Last year, Turkish developers released a total of about 90 games for consoles and PCs, as calculated by the company GameDev.ist. Their total revenue at the end of 2024 exceeded $75 million.

Analyst Simon Carless from GameDiscoverCo identified the top-grossing new releases on Steam for February. Despite being released on the last day of the month, Monster Hunter Wilds managed to make it into the top ten.

The number of concurrent Steam users exceeded 40 million for the first time, Monster Hunter Wilds became the fifth largest game by online presence in Steam’s history, and downloads for Pokémon TCG Pocket reached 100 million. Here are the major events in the gaming industry over the past weekend.

At the end of 2024, the market value of the Chinese company miHoYo reached $24.2 billion, according to data from the Hurun Research Institute. This valuation allowed the creators of Genshin Impact to secure the 48th place in the annual ranking of the most valuable companies in China.

The company Electronic Arts (EA) has made the source codes of several older games from the Command & Conquer strategy series publicly available. It published them on GitHub.

On the morning of February 28, Monster Hunter Wilds was released on PC and consoles. According to SteamDB, the game launched on Steam with a huge player base — 987,482 people.

Russian gaming media outlets “Kanobu” and “Igromania” have changed ownership. They were acquired by the company “IFSI,” whose CEO is Vasiliy Ovchinnikov, head of the Video Game Industry Development Organization (VGIDO).

The Israeli company Playtika has reported its financial results for 2024. In particular, it revealed that it will continue to actively spend money on purchasing other companies and resume launching new games.

Warner Bros. Discovery has published its financial report for the fourth quarter of 2024. We have highlighted the key points related to the gaming division.

At the start of the week, it became known that Warner Bros. Discovery is closing three studios: Monolith Productions, Player First Games, and WB San Diego. Bloomberg journalist Jason Schreier shared insights on the Kinda Funny Games podcast about the reasons behind Monolith Productions’ closure and what had been happening at the studio in recent years.

WN Media Group has announced the first WN Conference in Berlin in three years. The conference will take place in the German capital this spring, expecting over 500 guests.

The domestic marketplace RuStore analyzed the spending habits of Russians in mobile applications. To do this, it surveyed 1,009 people over the age of 18 across the country together with Ipsos.

“Deal of the Day” is a promotion on Steam where games are featured on the store’s homepage and certain other sections for 24 hours. Valve has announced that now six games will be featured simultaneously in this promotion.

The companies Culper Research and Fuzzy Panda Research released scathing reports dedicated to AppLovin. They claimed that AppLovin significantly inflates advertising metrics and engages in unethical and even illegal practices.