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News June 19

Tencent denied rumors of its interest in Nexon

The Chinese giant Tencent is not planning to buy Nexon. The company informed Reuters that the rumors about their intent to strike a deal are not true.
News June 19

Bloomberg: Microsoft plans to lay off “thousands more employees”

Microsoft Corporation is preparing to further reduce its workforce, according to Bloomberg sources. They report that in early July, the company plans to announce the layoff of several thousand employees.
News June 18

The cooperative climber simulator PEAK was purchased 100,000 times in a single day

Recently, studios Aggro Crab and Landfall—creators of Another Crab’s Treasure and Content Warning—released a cooperative game called PEAK on Steam, where players must conquer mountains. The new release had a successful launch, selling 100,000 copies on its first day.
Premium Industry June 18

From Mobile Gacha Games to a Multibillion-Dollar Company: Shift Up’s Business as an Example of the South Korean Gaming Market Development

The development of Shift Up mirrors the journeys undertaken by many Asian gaming companies. The studio transitioned from mobile game development to expanding onto other platforms, moving from local hits to producing AAA products for a global audience.
News June 18

The IRI will spend 3.4 billion rubles to support Russian games over the next three years

During his speech at the St. Petersburg International Economic Forum (SPIEF) 2025, the CEO of the Internet Development Institute (IRI), Alexey Goreslavsky, disclosed the amount that his organization will allocate to game developers in 2025-2027. It will be 3.4 billion rubles.
News June 18

Nintendo’s value reached a record high. The success of the Switch 2 made it the fifth most valuable public company in Japan

On June 18, the price of Nintendo shares reached 13,260 yen ($91.55) each. This is a record.
News June 18

“Lesta Games” has officially come under state control

The game development company “Lesta Games” is no longer officially owned by Malik Khatazhayev. As noticed by journalist Dmitry Filonov from The Edinorog in the Unified State Register of Legal Entities (EGRUL), since June 11, the developer of “World of Tanks” and “World of Warships” has been under the control of the Federal Agency for State Property Management.
News June 18

AppMetrica now better tracks conversions into target actions

“Yandex” has released an update for AppMetrica. It added another report to the analytics platform — “Conversion.” This report displays data on both the initial and repeat user acquisition in apps.
News June 18

Warner Bros. Games has a new structure — focusing on major franchises

Last fall, Warner Bros. Discovery announced that its gaming division would focus on four franchises: Harry Potter, Mortal Kombat, DC, and Game of Thrones. In line with this decision, the company has now updated the structure of Warner Bros. Games.
News June 17

Stellar Blade has reached the top spot on Steam’s paid chart

During the week from June 10 to June 17, Counter-Strike 2 continued to lead the overall top-grossing product chart on Steam. Meanwhile, in the chart exclusively for paid projects, Stellar Blade claimed the top spot, displacing Dune: Awakening.
News June 17

Shadowverse: Worlds Beyond attracted over 100,000 concurrent players on Steam, but it has received negative reviews

On June 17, Cygames released the free-to-play card game Shadowverse: Worlds Beyond, a sequel to the popular card game Shadowverse CCG. Although it has already become the 15th most played new release in 2025 on Steam, gamers are dissatisfied with the project.
News June 17

The Korean Game Association called the potential deal between Tencent and Nexon a threat to national security

Last week, Bloomberg reported that Tencent is allegedly in talks to acquire the Korean holding company Nexon. According to the Korea Game Society, if the deal goes through, it will harm the development of South Korea.
News June 17

A Singaporean fund has become the second-largest investor in Square Enix

In the past two months, the Singaporean fund 3D Investment Partners has been actively acquiring shares of Square Enix. Recently, it increased its stake in the Japanese company to 10.01%, making it the second-largest shareholder.
News June 17

The creators of Honkai: Star Rail intend to sue a streamer for $150,000 due to a character leak

The Chinese company miHoYo has initiated another legal proceeding. It has filed a complaint in the California district court against a streamer who prematurely showcased the new character from Honkai: Star Rail.
News June 17

The number of wishlists for PIONER has exceeded 300,000

The studio GFA Games has boasted new achievements for the upcoming MMO shooter PIONER. They announced that the game has been wishlist-added by 300,000 Steam users.
News June 16

Veterans from King raised 4 million euros to develop an interior design app

In 2023, a group of former King employees launched their own studio, Studio 555. The team recently successfully closed a seed funding round amounting to 4 million euros.
News June 16

Analysts: Love and Deepspace revenue exceeded $650 million

The mobile dating gacha simulator Love and Deepspace, created by the Chinese studio Papergames, is generating substantial revenue. According to estimates by Sensor Tower analysts, as of mid-June, gamers have spent $650 million in the game.
News June 16

The developers of Crime Scene Cleaner held an IPO, and their shares rose by 113% on the first day

The Polish company President Studio has become a publicly traded entity. It made its debut on the NewConnect exchange — a platform established by the Warsaw Stock Exchange specifically for smaller companies.
News June 16

The PC version of Stellar Blade was purchased over a million times within three days

The South Korean studio Shift Up is pleased with the release of Stellar Blade on PC. The game reached Steam and the Epic Games Store on June 12th and sold over a million copies within the first three days.
News June 16

The main events over the weekend (June 12-15)

According to media reports, Tencent has shown interest in purchasing Nexon, the current generation of PlayStation consoles has become the most profitable in Sony’s history, and the audience for Warhammer 40,000: Space Marine 2 has reached 7 million people. Here’s a summary of the main events in the gaming industry over the past weekend.
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