Amendments on labeling to the law “On Advertising” should be in effect in Russia for about a year. Recall that they oblige to mark Internet advertising and threaten violators with large fines. In which case the amendments concern game developers and whether they are put into force, — says Marina Pozhidaeva, lawyer Versus.legal.

The Los Angeles Department of Tourism in the latest report announced the cancellation of E3 in 2024 and 2025. Recall that in 2022, he wrote that the organizers from the Entertainment Software Association (ESA) had booked a site for a gaming exhibition for three years ahead.

In 2018, the Swedish company Starbreeze was on the verge of bankruptcy. To avoid this, it was forced to restructure, sell some assets and cut costs significantly. Starbreeze managed to solve its financial problems only five years later.

According to gaming expert Simon Carless, to do this, you need to multiply the number of subscribers on the Steam game page by a certain value. In his newsletter, he shared the current multipliers for 2023 (based on a survey of more than 125 developers):

The analytical company MoEngage predicts rapid growth in the Indian mobile games market. According to her estimates, the market turnover will grow from $2.6 billion in 2022 to $8.6 billion in 2027.

Nexters has rebranded. It changed its name to GDEV and announced a change in the organizational structure — it officially became a holding company.

PlayStation may stop working closely with Activision Blizzard. In testimony to the US Federal Trade Commission (FTC), the head of Sony‘s gaming division said that it would not transfer PS6 data to the company in case of successful completion of the deal with Microsoft.

Mass layoffs took place in the indie studio Scavengers Studio. This was already written by former employees on LinkedIn.

On June 18, the Titan bathyscaphe, which went to the wreckage of the sunken Titanic, disappeared from radar. While rescuers are searching for the missing ship, gamers are buying up the indie horror Iron Lung, the events of which unfold on a submarine.

Screenwriter Steve Ince, best known for his work on the Broken Sword series, has announced his retirement from game development.

Top managers of Supercell and Rovio criticized the Finnish government’s program tightening migration policy. In their opinion, it will make the country much less attractive for foreign developers.

In August 2022, Embracer Group announced the purchase of Middle-earth Enterprises, which owns the rights to The Lord of the Rings and The Hobbit books. Almost a year later, the Swedish holding disclosed the value of the transaction.

Last March, Capcom suspended work on the Russian market. However, this did not prevent her from selling more than 100 thousand copies of games in Russia for the fiscal year that lasted from April 1, 2022 to March 31, 2023.

American gamers who are suing Microsoft over a deal with Activision Blizzard have found “indisputable proof” of Microsoft’s plans to oust the PlayStation from the market. They believe that this is why the corporation buys Activision Blizzard.

In May, 50% of Entertainment Factory LLC came under the control of Astrum Entertainment. This is reported by Kommersant with reference to the data of the SPARK-Interfax database.

Electronic Arts (EA) CEO Andrew Wilson has announced a new stage of restructuring. As part of it, all the company’s internal studios will be distributed between two divisions: EA Entertainment and EA SPORTS.

The antimonopoly regulator of New Zealand has moved up the date by which it should render a verdict on the deal between Microsoft and Activision Blizzard. He decided to check again whether the purchase would damage competition in the country’s cloud gaming market.

Steam users are actively playing a low—poly analogue of Battlefield – indie shooter BattleBit Remastered for 254 players. On the night of June 20, its peak online on the Valve platform reached 61,390 people, according to SteamDB data.

The gaming market in South Korea is stabilizing. The state organization Korea Creative Content Agency (KOCCA) found out that last year the country’s residents spent $16.4 billion on video games. This is only 0.9% more than in 2021.