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NetEase's Q1 financial report showed growth, with an increase in year-over-year revenue, and profit, with the company's games division leading the way.
Latest Square Enix financial report shows losses amid reorganization plan efforts, but Final Fantasy XIV and Dragon Quest III were bright spots.
Frostpunk 2 sold over 600k copies in just under four months, but its studio and publisher is squeaking by.
Bandai Namco Online, following severe financial losses, will be dissolved and merged with its parent company, Bandai Namco, which will also control the former's IP catalog.Â
Activision Blizzard Acquisition Drove 61% Gaming Revenue Rise for Microsoft, Xbox Hardware Struggles
Microsoft's latest financial report shows that the Activision Blizzard acquisition drove strong gaming growth, despite struggling Xbox hardware numbers.
New details from Square Enix' May financial results have emerged, confirming that Final Fantasy 16 and Final Fantasy 7: Rebirth did not meet expectations from their initial, PlayStation 5 exclusive, releases.Â
The back and forth for ArcheAge 2's planned release seems to point to more delays, as indicated in Kakao Games' latest financials.Â
Bandai Namco Online is "in a state of insolvency" after posting a loss of more than $51 million. The team is also working to add content to fix Blue Protocol's Japanese release.
Embracer Group's latest financial report shows 4,352 fewer employees, 80 canceled games, sales increases, and a renewed future focused on owned and controlled IP.
More financial reports are out this week, and Take-Two's has revealed both a target release window for Grand Theft Auto IV and a $2.9 billion loss.
EG7 Expects 'Steady' Profitability, Outlines DCUO, EQ, LOTRO, and DDO Content Release Plans and More
Enad Global 7 (EG7), the parent company of Daybreak Games, released its Q1 financial report, aiming for transition, seeing steady profitability, and outlining release plans for Daybreak's MMOs and other games.
Reporting a disappointing year where profit was down nearly 70%, Square Enix has announced a new medium-term business plan over the next three years,
Kakao Games seems to have ArcheAge 2 back on track for 2025, with Chrono Odyssey also set for release next year, and Path of Exile 2 in 2024, according to new financial reports.
Sega has a new financial report that, like so many companies in the industry, discusses layoffs and project cancellations. Creative Assembly, as noted in the report, saw in-development FPS FPS Hyenas canceled in large part over concerns that the team wasn't up to running a live service FPS long-term.Â
Embracer Group released its latest financial report, which included updates on how their restructuring is going so far. With debt down to about $1.4 billion, there's still more cuts (including canceled games) to go.
