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News August 26, 2022

tinyBuild buys Russian Konfa Games. The size of the transaction is $5.4 million

tinyBuild has announced that the developers of Despotism 3k and Despot’s Game will join its Belgrade studio.
News August 26, 2022

In the first month, the Chinese Diablo Immortal earned $76.2 million only on mobile

This is one and a half times more than the global version of the game brought to the developers at the time.
News August 26, 2022

Shanghai authorities have allocated subsidies to five gaming companies. Among them are the creators of Genshin Impact

Shanghai officials decided to support companies promoting the country’s culture. In addition to miHoYo, Lilith Games, FunPlus Interactive, Coconut Island Games and Yoozoo Games also received funds.
News August 26, 2022

Singapore will start regulating games with loot boxes

Last week, a new agency, the Gambling Regulatory Authority (GRA), officially launched in Singapore. Among other things, games with loot boxes came under his supervision.
News August 26, 2022

Microsoft Wants to Make Cloud Gaming on TV as Easy as Watching Movies on Netflix

This was stated by Harrison Hoffman, chief product manager at Xbox. He said that although the corporation pays a lot of attention to streaming cloud games to smartphones, it is much more interested in the possibility of broadcasting games to televisions.
News August 26, 2022

Head of WB Games: Gaming division “extremely important” for Warner Bros. Discovery

David Haddad spoke about the situation at WB Games in an interview with Axios. According to him, the media company is happy with its gaming division and considers it an important part of Warner Bros. Discovery.
News August 26, 2022

The British regulator may launch an in-depth investigation of the deal between Microsoft and Activision Blizzard

The UK Competition and Markets Authority (CMA) held a meeting with Microsoft representatives on the purchase of Activision Blizzard. On it, the regulator expressed concern about the deal.
News August 25, 2022

Bandai Namco: Consolidation harms small publishers, depriving them of access to the best studios

Arnaud Muller, Chief Operating Officer of Bandai Namco Europe, expressed his opinion about the boom of M&A deals in the gaming industry. He believes that consolidation has made it more difficult to work with studios and it is especially difficult for small publishers.
News August 25, 2022

The developer of children’s games njoyKidz received $ 525 thousand from investors with an estimate of $ 5 million

The main investor was WePlay Ventures. Together with him, DoMiNO Ventures, Anibera, AngelEffect and Aegean Ventures invested in the Turkish studio.
News August 25, 2022

In 2021, the European gaming market earned €23.3 billion

The ISFE and EGDF organizations have prepared a detailed report on the European gaming market for 2021. We have selected a few facts from it.
News August 25, 2022

Microids launched its own music label — Microids Records

The French publisher will publish soundtracks from the games published by him. He has already announced his first two albums, which will include music from Syberia 2 and Syberia 3.
News August 25, 2022

Analyst: the rise in price of the PS5 will practically not affect console sales

Sony has announced an increase in prices for the PS5 in most regions. The company did not delve into the reasons and explained everything by the “global economic situation”.
News August 25, 2022

Phil Spencer stated that he is wary of P2E games

Last November, the head of Xbox shared concerns about P2E games. Yesterday, in an interview with Bloomberg, he repeated that he still considers some projects with blockchain and NFT exploitative.
News August 25, 2022

Hackers stole over $100 million worth of NFT in a year

This figure was named by Elliptic. She analyzed data for the 12 months ended July 31, 2022.
News August 25, 2022

Rostec: The Ministry of Finance of the Russian Federation did not refuse to finance the engine

Rostec State Corporation issued a statement in which it stressed that the Ministry of Finance of the Russian Federation did not refuse to finance the engine, but offered to “work out the issue of allocating a grant” with RFRIT.
News August 25, 2022

Google has launched an open beta test of Google Play Games for PC. But only in five countries

Everyone from South Korea, Hong Kong, Taiwan, Thailand and Australia can play mobile titles on Windows computers. Now they have over 50 games available, including Summoners War, Cookie Run: Kingdom and Last Fortress: Underground.
News August 25, 2022

PQube responds to Fraud Charge

Yesterday, the authors of the adventure game A Space for the Unbound said that the British publisher PQube withheld money from the grant allocated to them. However, PQube denied the claims. He told the media that he “fulfilled all obligations” to the companies Toge Productions and Mojiken.
News August 25, 2022

Square Enix may have a new Western studio

Mention of it was found in the database of the Canadian trademark registration authority.
News August 25, 2022

Media: The Ministry of Finance of the Russian Federation does not plan to actively support the Russian gaming industry

Kommersant writes about this with reference to a source from the industry. As the interlocutor of the publication points out, the Ministry of Finance of the Russian Federation at the end of last year started talking about new support measures, but has not yet implemented the initiative.
News August 25, 2022

Kommersant: The Ministry of Finance of the Russian Federation will not give Rostec money to develop a domestic engine

The ministry stated that they had no authority to dispose of the funds of the Rosinfokominvest fund, and Rostec wanted to receive them. In addition, the state corporation did not provide clear justifications for the project.
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