We continue our series of publications about games seeking investments or a publisher. This time, we feature material on the St. Petersburg studio Selfish Snakes, which is working on a first-person shooter with a roguelike meta called Hell over Me.

Warner Bros. Discovery Holding may sell part of WB Games, sources at Financial Times claim. The company aims to reduce its net debt in this way, which as of March 30, 2024, had exceeded $39 billion.

Steam users are actively pre-ordering Black Myth: Wukong ahead of the project’s release. During the week of July 30 to August 6, the action RPG about the Monkey King earned more money on the platform than any other premium game.

Square Enix published its financial report for the quarter ending June 30, 2024. We have highlighted the main points from the document.

The studio Aggro Crab announced a new success for the soulslike game about a hermit crab, Another Crab’s Treasure, having been purchased half a million times in three and a half months.

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Experts from AppMagic discussed the successful and not-so-successful decisions made by Supercell during the launch of Squad Busters. Here we share the Russian version of the analysis.

August 5 began with a crash for global stock markets. The decline started in Asia and was particularly painful in Japan. As analyst Serkan Toto from Kantan Games noted, the financial storm did not spare Japanese gaming companies.

The creators of Lineage have published their financial report for the second quarter of 2024. Here are the details.

Zenless Zone Zero is the most successful gacha game in July in terms of mobile revenue, reports GachaRevenue portal. According to their data*, the mobile version of Zenless Zone Zero grossed $99.8 million in its debut month.

The publisher and developer of mobile games Jam City, which has Jurassic World Alive, Harry Potter: Hogwarts Mystery, and Cookie Jam in its portfolio, has conducted a new major round of layoffs. The company reduced its workforce by 10%, or approximately 85 employees.

Game Informer has shut down, the CFO of Roblox decided to resign, and according to media reports, Blizzard Entertainment has created a team to develop AA games based on its franchises—here’s what happened in the gaming industry over the weekend.

Based on data from AppMagic, the editorial team at App2Top compiled a report on the most downloaded and highest-grossing mobile games of the past month — Zenless Zone Zero, Offline Games, and My Talking Hank: Islands.

For the first time since May 2022, Elden Ring topped the list of game bestsellers for the month in the US, as stated in an analytical report by Circana for June. Its sales surged due to the release of the Shadow of the Erdtree expansion.

Outer Haven Games is a new game development studio based in California. Among its founders is Chuck Beaver, who once was responsible for the storyline of the Dead Space series.

At the latest plenary session, members of the Federation Council of the Russian Federation approved a bill that regulates creative industries in the country. The gaming industry is also included among these industries.

Former Bungie employees told journalist Stephen Totilo from Game File that the studio’s management had long been preparing for large-scale layoffs. The decision was made months ago.

Nintendo has summarized the results of the first quarter of the fiscal year 2025, which lasted from April 1 to June 30, 2024. It was not a very successful period for the Japanese company.

Former employees of the indie publisher Armor Games Studios spoke about large-scale layoffs on social media. According to some of them, the company is laying off all its staff.