The company GDEV shared a new milestone for the mobile battler Hero Wars: Alliance. It announced that since 2017, the game has generated $1.5 billion and amassed 150 million downloads.

On July 23, several former Humble Games employees wrote on social media that the publisher’s management decided to lay off all 36 workers and shut down the company. Shortly thereafter, Humble Games denied these claims.

The mobile app analytics service AppMagic has successfully closed its Series A funding round, raising $3 million. Of this amount, $2.5 million came from the investment group GEM Capital, and another $500,000 was provided by the venture fund Vibranium.

The share of physical game sales worldwide is gradually decreasing, nevertheless, Capcom does not plan to stop releasing games on discs and cartridges. The company announced this during a Q&A session at a shareholders’ meeting.

Last year was marked by mass layoffs for gaming companies worldwide. China was no exception, according to a report from the Chinese platform Gameshark (游鲨游戏圈).

Chinese media reports that Perfect World is experiencing a shake-up in its leadership. Its president, Lu Xiaoyin, and CEO, Xiao Hong, are planning to leave their positions.

A 60% discount and the release of the substantial update, Worlds Part 1, significantly boosted No Man’s Sky sales on Steam. During the week of July 16 to 23, the game secured the ninth spot on the platform’s best-selling products chart.

Journalists from TechRaptor examined the rates for Gamescom 2024 and found out the cost of participating in the Opening Night Live ceremony, which kicks off the exhibition. Developers will have to shell out hundreds of thousands of euros to show their trailers.

The media company Warner Bros. Discovery has acquired another gaming team. It announced the purchase of Player First Games, the studio that developed the fighting game MultiVersus.

On June 20, Level Infinite and TiMi Studios — subsidiaries of Tencent — released the hit MOBA Honor of Kings outside of China. The game quickly gained popularity in new markets.

Last week, the founder of Telegram, Pavel Durov, announced the introduction of a mini-app store within the messenger. The store will be presented by the end of the month.

Ubisoft CEO Yves Guillemot announced during a Q&A session following the latest quarter that the company has invested more in marketing Star Wars Outlaws than for any other game it has ever released.

The head of the Polish publishing house PlayWay, Krzysztof Kostowski, wrote on X that players are showing considerable interest in the crime scene cleanup simulator Crime Scene Cleaner. The game has 490,000 additions to wishlists.

Netflix Co-CEO Greg Peters stated at a second-quarter 2024 investor meeting that the service’s gaming division is growing rapidly. Netflix already has over one hundred games in its catalog, with an additional 80 in development.

The studio Rumble Entertainment, specializing in mobile and browser games, has closed its doors after 13 years of operation. This was reported by its former employees on social media.

Microsoft responded to FTC criticism regarding the increase in Game Pass pricing, over 200 employees at Bethesda unionized, and the head of Digital Extremes stated that gaming companies need to have more faith in live-service games. Here’s what happened in the gaming industry over the weekend.

At the conference “Gaming Industry” held on July 11, a competition for the best game development took place. Here’s who won.

The analytical company Newzoo has named the console and PC games with the highest revenue and number of copies sold for the period April-June 2024. The rankings accounted for game statistics from only six markets: the United States, the United Kingdom, France, Spain, Italy, and Germany.

The technology company InMobi, specializing in mobile advertising, has decided to go public. It plans to list on the stock exchange in India in the second half of 2025.