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News December 20, 2024

The creators of Second Life revealed the cost of the project: $1.3 billion went into its development, and another $1.1 billion was spent on payments to content creators

Second Life, one of the first metaverse games of the 2000s, is still alive and generating revenue for its creators. Key metrics and future prospects were discussed by Linden Lab founder Philip Rosedale and its executive chairman Brad Oberwager in a conversation with VentureBeat.
News December 20, 2024

Moon Beast Productions, a studio founded by Blizzard veterans, has raised $4.5 million for the development of an “innovative” action RPG

The studio has only now announced the attracted investments. According to Crunchbase, the funds were secured back in the summer during a seed funding round.
News December 20, 2024

In 2024, Steam users spent only 15% of their gaming time on new releases

Recently, Valve opened a special section on Steam where each user can view their gaming statistics for 2024. Some of the data in this section is compared with the entire Steam community.
News December 20, 2024

Media: CD PROJEKT regularly reduces GOG staff, with an annual turnover of 30%

Former and current employees of the GOG gaming platform shared with the Polish publication CD Action about the working environment in their division. They claim that CD PROJEKT conducts significant layoffs at GOG every two to three years, with the most recent ones having taken place two months ago.
Results for 2024 December 19, 2024

“Players are tired of the monotony of major AAA projects,” say RIK ANIMATION and Terletski Games on the results of 2024

We continue to wrap up the year 2024 with gaming (or game industry-related) teams and experts. Up next is an interview with Rikani Koyoko, the CEO and Art Director of RIK ANIMATION. Joining her in the responses is Vitaliy Terletski, founder of Terletski Games.
News December 19, 2024

Kadokawa’s stock price plummeted by 16% after the deal with Sony

Investors of the Japanese media conglomerate Kadokawa reacted coolly to the deal with Sony. As noted by Kantan Games analyst Serkan Toto, the company’s stock sharply fell in after-hours trading on December 19, with the price dropping by 15.95% immediately.
News December 19, 2024

Downloads of the Hill Climb Racing series have reached 2.5 billion

As of today, gamers have installed games from the Hill Climb Racing franchise on their devices 2.5 billion times. According to developers from the Finnish studio Fingersoft, this milestone makes Hill Climb Racing the most downloaded racing game series in the world.
News December 19, 2024

The composer of the soundtrack for Sonic Adventure 2 has filed a lawsuit against SEGA. He is demanding 500 thousand dollars from the company

Musician Johnny Gioeli from the band Crush 40 has filed a lawsuit against SEGA. He accuses the company of using the main theme he wrote for Sonic Adventure 2 in other projects without a license and failing to pay due royalties.
Results for 2024 December 19, 2024

“The indie project market in Russia has grown significantly,” said Sergey Efremov of Astrum Entertainment on the results of 2024

We continue to reflect on the outcomes of 2024 with teams and experts from the gaming industry. Up next is an interview with Sergey Efremov, COO of Astrum Entertainment.
News December 19, 2024

Tencent will no longer be able to unilaterally appoint people to the board of directors of Epic Games

The Chinese giant Tencent owns significant stakes in many gaming companies worldwide, giving the holding the right to appoint its people as observers or full members of their boards of directors. However, Tencent recently had to forgo this opportunity in the case of Epic Games.
News December 19, 2024

Sony will become the largest shareholder of FromSoftware’s parent company

The Sony Corporation has decided not to acquire the entire Japanese media conglomerate Kadokawa. Instead, it has agreed to purchase 12 million of its new shares for 50 billion yen, or approximately $318.5 million, by January 7, 2025.
News December 19, 2024

Circana: In November, gaming expenses in the U.S. fell by 7% to $5.7 billion

The analytics company Circana has prepared a report on the state of the American gaming market in November. Below are the main findings.
News December 19, 2024

Nintendo Switch has surpassed the PlayStation 2 in sales in the United States

The Nintendo Switch has become the second best-selling console in the American market ever, reports analyst Mat Piscatella from Circana. Until recently, this title was held by the PlayStation 2.
News December 18, 2024

S.T.A.L.K.E.R. 2: Heart of Chornobyl* has already recouped production costs

Released on November 20, S.T.A.L.K.E.R. 2: Heart of Chornobyl* has already broken even and started to turn a profit. This was revealed in an interview with Forbes by Maksym Kryppa, co-owner of the GSC Game World** studio.
Results for 2024 December 18, 2024

“By the end of the year, we plan to earn $7.6 million,” said Denis Khamin from Allcorrect about the results of 2024

We continue to wrap up the year 2024 alongside gaming and industry-related teams. Up next is an interview with Denis Khamin, co-owner of the game localization and 2D/3D art outsourcing studio, Allcorrect.
Conferences December 18, 2024

The WN iGaming Summit took place in Cyprus. Here are its results

On December 11, the WN iGaming Summit took place in Limassol, Cyprus. This was WN Media Group’s first event dedicated to online gambling.
News December 18, 2024

Analyst: Steam users are more frequently adding Elden Ring Nightreign to their wishlists than other games announced at the TGA 2024

Simon Carless from GameDiscoverCo calculated how many wishlists on Steam the games gathered from December 12-15, which had their trailers shown at The Game Awards 2024 ceremony.
News December 18, 2024

Black Myth: Wukong is a bestseller among the new releases of 2024 on Steam, while sports hits from EA dominate the consoles

Gaming expert Simon Carless, using data from his GameDiscoverCo service, has summed up the year. He has compiled charts of the most successful paid new releases of 2024 on the main platforms — PC, PlayStation, and Xbox.
Results for 2024 December 18, 2024

“The number of wishlists for ‘Diplomacy is Not an Option’ has surpassed one million,” says the Door 407 team on the results of 2024

We continue to wrap up the year 2024 with gaming (or gaming industry-related) teams. Up next is an interview with the representatives of Door 407, the studio’s founders Oleg Sakharov and Andrey Belousov, as well as its marketing director, Stas Ignatov.
News December 18, 2024

The reissue of Utopia City is the worst release of the year according to Metacritic

The website Metacritic has published a list of the lowest-rated games of 2024. The shooter Utopia City topped the list, even though it initially came out way back in 2005 but unexpectedly debuted on Steam a month ago.
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