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NetEase Reports Q1 Growth in Revenue and Profit, Fueled By Expanded Gaming Operations

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.


Square Enix Financials Show Another Loss, But Final Fantasy XIV and Dragon Quest III Were Bright Spots

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 Nearly 600k Copies in 2024, But Its Studio Still Sees 'Significant Challenges'

Frostpunk 2 sold over 600k copies in just under four months, but its studio and publisher is squeaking by.


Bandai Namco Online Will Be Dissolved and Merge With Parent Company After Financial Woes, Blue Protocol Cancellation

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. 


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.


Square Enix Financial Reports Confirm Final Fantasy XVI and Final Fantasy VII: Rebirth Didn't Meet Expectations

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. 


More Delays for ArcheAge 2, as Kakao Games' Operating Profit Takes 89% YoY Dip

The back and forth for ArcheAge 2's planned release seems to point to more delays, as indicated in Kakao Games' latest financials. 


Is Silence on Blue Protocol Due to Bandai Namco Online's 'Insolvency' and Incoming Fixes in Japan?

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 Sales Increase, Reports -4,532 Employee Headcount Amid Restructuring and Focus on Owned IP

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.


Grand Theft Auto VI Set for 'Fall 2025' Release, as Take-Two Posts $2.9 Billion Loss

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.


Square Enix, After Profits Down 70%, Unveils 'Aggressive' Multiplatform Strategy and Quality over Quantity Plans

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 Financials Mixed, Show ArcheAge 2 and Chrono Odyssey as 2025 Launches, Path of Exile 2 This Year

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.


Creative Assembly to Refocus on RTS, After Sega Report Pins Hyenas Cancellation on Studio Mismatch

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. 


Embracer Group Has Laid Off 904 People Through Q3, Reduces Some Debt, but Restructuring Continues

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.