Yesterday, Paradox Interactive announced the cancellation of the life simulator Life by You. It has now been revealed that the game’s development studio, Paradox Tectonic, is also being closed.

Based on the week from June 11 to June 18, the first place in the chart of the highest-grossing products on Steam went to PUBG: BATTLEGROUNDS. The game managed to top the rankings thanks to the June update of the in-game store and a collaboration with the South Korean music group NewJeans.

Electronic Arts (EA) disclosed the executive earnings for the fiscal year ending March 31, 2024, in a report to the financial regulator. Almost half of the annual salary* of the company’s top executives was attributed to CEO Andrew Wilson.

June 30 will be the last working day at Microsoft for Xbox’s director of marketing, Jerret West. He decided to move to Roblox. After his departure, the corporation will make changes to the structure of the marketing department.

The list of game studios founded by industry veterans has grown. A new studio named CodeDev: The Unreal Guys has emerged. Its founders have contributed to Elder Scrolls Online, The Legend of Zelda, Fall Guys, Call of Duty, RollerCoaster Tycoon, and many other games.

App2Top, with the participation of the educational platform WN Academy, conducted a study dedicated to education in the game development industry. We share the results.

The role-playing gacha game Wuthering Waves has already brought its creators 800 million yuan (110.2 million dollars), according to journalists from the Chinese portal GameLook. This is the total revenue of the title, taking into account earnings from both PC and mobile devices.

The studio Pieces Interactive has ceased to exist after 17 years of operation. They announced this on their official website.

Employees of the Polish studio Ironbird Creations, which is developing the slasher Phantom Hellcat, have not been paid since December 2023. This was reported by CD-Action, which spoke with former and current employees of the studio.

The portal dev.by examined data on the revenues of the Lithuanian branches of several IT companies with Belarusian roots for the year 2023. In particular, it found out what the past year was like financially for Belka Games.

Todd Howard, head of Bethesda Game Studios, shared in an interview with blogger MrMattyPlays that since its release on September 6, 2023, over 14 million people have played Starfield. According to him, each user has spent an average of about 40 hours in the space RPG.

The studio that created Wizard with a Gun has closed, Russian authorities have begun searching for developers for a domestic game console, and Banana entered the top 15 games with the highest online player count in Steam history. Here’s what happened in the gaming industry over the weekend.

Playstudios, specializing in social casino games, announced that Activision no longer owns its shares. It repurchased them from Microsoft, Activision’s parent company.

On June 13, Square Enix released the Kingdom Hearts series games on Steam. Previously, their PC versions were available exclusively on the Epic Games Store. However, the launch was most active for the collection with the first few games.

On the mechanics of options and possible conditions of option programs, specialists from the legal company REVERA, Nikolay Gorelik and Ekaterina Yakoltsevich, shared in their column on App2Top.

The South Korean company Com2uS is celebrating the tenth anniversary of Summoners War: Sky Arena, which was globally released in June 2014. In honor of the celebration, the developers announced that the MMORPG’s revenue has exceeded $3 billion.

The release of Squad Busters was the largest in Supercell’s history, company representatives stated in an interview with GamesIndustry. In less than a week, the game garnered over 30 million downloads and is quickly on its way to becoming profitable.

The wave of layoffs has reached Archiact Interactive — the VR studio responsible for games Journey to Foundation and FREEDIVER: Triton Down, and also involved in the development of DOOM 3: VR Edition.

General Manager of the Warcraft franchise John Hight has announced his departure from Blizzard Entertainment. He is leaving the company after nearly 13 years of service.