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News November 14, 2024

In the third quarter of 2024, Wargaming contributed approximately 4.3 million euros in taxes to Lithuania, making it the top performer among IT companies in the country

In July-September 2024, Wargaming paid 4.3 million euros into Lithuania’s treasury. This is 20% more compared to last year. This was reported by the portal dev.by, citing data from the Lithuanian tax authority.
News November 14, 2024

In China, the daily audience for World of Warcraft and Hearthstone has significantly increased following the return of the games to the country, according to the main points from the NetEase report

The financial report for NetEase for the third quarter of 2024 has been released. We have selected key gaming-related highlights.
News November 14, 2024

Media: Lilith Games Conducted Mass Layoffs

The Chinese mobile development studio Lilith Games has laid off several dozen employees. This information was reported by the portal GameLook.
News November 14, 2024

SayGames is investing $30 million in developers of mobile hybrid-casual games

The company SayGames has decided to support mobile studios that are developing hybrid-casual games. It plans to invest $30 million into these teams over the next three years.
News November 14, 2024

Following up on the previous news, here are the top games in the Nintendo eShop

As a follow-up to the previous news, here are the top games on the Nintendo eShop
News November 14, 2024

What Works Well on Nintendo Switch — Simon Carless’s Review

Simon Carless analyzed the sales charts of eShop games in the U.S. and the U.K., which he compiled using his own analytical service, GameDiscoverCo.
News November 14, 2024

Thunderful Group will lay off up to a hundred more employees

The Swedish holding company Thunderful Group announced its second restructuring of the year. The previous one occurred at the beginning of 2024, leading to the dismissal of 20% of its staff.
News November 14, 2024

GOG has launched a program to preserve classic games — initially, it includes over 100 retro hits

The digital store GOG has announced the launch of a program aimed at preserving iconic games from the past. Its goal is to support their functionality on PCs now and in the future.
News November 14, 2024

The bill requiring the installation of RuStore on Apple devices in Russia has been approved in the first reading

On November 13, the State Duma of the Russian Federation passed in its first reading a bill that mandates Apple to allow the installation of the RuStore app store on iPhones and iPads within Russia.
News November 14, 2024

Embracer Group Report: Net sales dropped by 21%, and the workforce was reduced by another 400 employees

Embracer Group reported its financial results for the second quarter, which ended on September 30, 2024. The company announced a decline in sales across all business segments.
News November 14, 2024

Embracer Group is selling Easybrain for $1.2 billion

The Swedish holding company Embracer Group continues to sell its assets. Following the sale of Saber Interactive and Gearbox Entertainment, it has decided to part with the mobile game developer Easybrain.
News November 13, 2024

Microsoft has postponed the launch of its mobile gaming store to conduct additional market research

Microsoft planned to launch its own mobile gaming store back in July, but it has yet to debut. The head of Xbox, Phil Spencer, explained to Bloomberg why this has been the case.
News November 13, 2024

Phil Spencer: Microsoft plans to continue acquiring gaming companies

Microsoft’s gaming division is open to making new acquisitions, as Xbox head Phil Spencer revealed in an interview with Bloomberg. However, large-scale deals are not planned for the near future, as the corporation is currently concluding the integration of Activision Blizzard.
News November 13, 2024

Revenues are rapidly increasing, Delta Force has great potential — the main takeaway from Tencent’s report

In the third quarter of 2024, the Chinese giant Tencent increased all key indicators. This achievement was largely due to the excellent performance of its gaming division.
News November 13, 2024

The Saudi fund sold another portion of Nintendo shares

The Sovereign Fund of Saudi Arabia, the Public Investment Fund (PIF), continues to divest its shares in Nintendo. As noted by Bloomberg, the share controlled by the fund in Nintendo recently decreased to 6.3%.
News November 13, 2024

Sales of The Witcher 3: Wild Hunt in South Korea have surpassed the one million copies mark

CD PROJEKT reported that Korean gamers have purchased The Witcher 3: Wild Hunt over one million times in the nearly 10 years since its release.
News November 13, 2024

Media: Electronic Arts CEO Considered for Disney Leadership Position

The Walt Disney Company is searching for a successor to its current head, Bob Iger, according to The Wall Street Journal. Sources claim that one of the candidates is Andrew Wilson, CEO of Electronic Arts (EA).
News November 13, 2024

Dying Light: The Beast has garnered over a million wishlists in just 10 weeks

Techland announced that the spin-off Dying Light: The Beast surpassed 1 million wishlists in less than three months since its announcement.
News November 13, 2024

The development studio TerraTech has laid off some employees

Payload Studios has confirmed that it parted ways with more employees last week. The exact number of layoffs is unknown.
Industry November 13, 2024

The next WN Conference will take place this November in Southeast China

Details have been published about the upcoming conference by WN Media Group in China. It will take place on November 21-22 in the city of Xiamen, with key participants including KRAFTON, MY.GAMES, IGDA, AppsFlyer, and the local municipal government.
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