ForsVC on LinkedIn: Here are the Games Industry Highlights | Week 20-21 |… (2024)

Here are the Games Industry Highlights | Week 4-5 | 2024𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗻𝗲𝘄𝘀🌍 As has become common, a list of lay-off announcements:- Microsoft laid off 1,900 Activision Blizzard/Xbox employees. The cuts affect around 8% of the Microsoft Gaming division.- Riot Games laid off around 530 people- Embracer Group is cutting 50% of the workforce at Black Forest Games GmbH- CI Games has laid off 10% of its workforce - mostly from marketing- Thunderful Group announces restructuring that will cut 20% of itsworkforce- Eidos-Montréal cancelled an upcoming Deus Ex game and laid off 97 employees- People Can Fly Studio laid off over 30 people working- Reikon Games is laying off 80% of its company🌍 ID@Xbox has a new editorial feature called "Indie Selects". A curated collection of indie games chosen by the ID@Xbox team, based on themes their community can suggest.🌍 Apple announced changes to allow 3rd party apps stores on iOS in the EU, in preparation of the Digital Markets Act by the European Union. This includes lowering their own App Store fees, allowing Xbox cloud and GeForceNow as standalone apps, and charging €0.50 per install past a million. (if you followed the Unity runtime fee debacle, this will ring familiar)🌍Palworld is taking the world by storm. With over 8M copies sold on Steam in less than a week. Players have taken to calling it "Pokémon with guns" and Nintendo has issued a statement that they would take appropriate measures to address any acts that infringe on IP related to Pokémon.🌍 PSVR2 seems to be losing the VR race to Meta's Quest 3, selling 10,500 units on Amazon U.S. between Nov. 16th and Jan. 16th, compared to >320,000 Meta headsets.🌍 Both "Martha is Dead" as well as "Until Dawn" will soon see film adaptations.𝗕𝗲𝗹𝗴𝗶𝗮𝗻 𝗚𝗮𝗺𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗡𝗲𝘄𝘀👉 The Game For Thought series continuous this year, and you can read written recaps on Flemish Games Association's site if you prefer that format:https://www.flega.be👉 Pajama Llama Games' garbage town builder game, Flotsam, will be published by Stray Fawn Studio and will see its 1.0 release later this year!👉Casper Croes released a new MSX2 game, Phenix Corrupta, on Itch:https://lnkd.in/eBiRg2yWAnd that's not all: Alisa: Developer's Cut launches on all consoles, February 6th!👉 In 2023, the Vlaams Audiovisueel Fonds Game Fund awarded €2,551,051 to 39 game projects.2023 showreel: https://lnkd.in/ekGQqnRUMore info: https://lnkd.in/eD4Jg3w5👉 Leuven-based Swave Photonics, a forerunner in the implementation of true holography for augmented reality, adds €3 million to execute on its holographic augmented reality roadmap.👉 Pandaroo Interactive made a free web browser version of Pawggle available on CrazyGames.https://lnkd.in/eFmSKXdD

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Check this out - Weekly Gaming Reports Recap: February 12 - February 18 (2024): IP in games report from Sensor Tower; European game sales dropped by 7% in January; Helldivers 2 is the best game by CCU from PlayStation Studios on PC. 🔴 The Next Big Wave Of Video Game Layoffs Is Here 🌊: Studios big and small are laying off game developers 🎮. To ensure your studio can keep production costs down and profits up, consider kaedim3d.com for AI that turns images into models in minutes ⏰. Use code A836A7X to get 1 month of Kaedim’s starter plan free (up to 10 credits) 🆓. If you’ve already searched for a 3D AI generator, you know that Kaedim alternatives will only leave you with unusable meshes and wasted time ⌛. Kaedim’s image to 3D AI engine can be used with Unreal Engine, Unity, Omniverse, and Blender or via API for seamless integration into your workflow 🔄. The best part about 2D to 3D AI is that you now have unparalleled access to allow user-generated content like never before 👥. Used by more than 200 studios, Kaedim’s 3d model AI generator adds levels of quality control to provide the best 2d sketch to 3d model option on the market 🏆. Remember to use code A836A7X on Kaedim’s Starter Plan for 10 credits for new customers 🎁. You will not find a comparable AI 2D to 3d converter 🔍. #GameDev #VideoGames #GameDesign #MobileGames #GameDevCommunity #GamingUpdates

Hot off the press -IP in games report from Sensor Tower; European game sales dropped by 7% in January; Helldivers 2 is the best game by CCU from PlayStation Studios on PC. 🔴 The Next Big Wave Of Video Game Layoffs Is Here 🌊: Studios big and small are laying off game developers 🎮. To ensure your studio can keep production costs down and profits up, consider kaedim3d.com for AI that turns images into models in minutes ⏰. Use code A836A7X to get 1 month of Kaedim’s starter plan free (up to 10 credits) 🆓. If you’ve already searched for a 3D AI generator, you know that Kaedim alternatives will only leave you with unusable meshes and wasted time ⌛. Kaedim’s image to 3D AI engine can be used with Unreal Engine, Unity, Omniverse, and Blender or via API for seamless integration into your workflow 🔄. The best part about 2D to 3D AI is that you now have unparalleled access to allow user-generated content like never before 👥. Used by more than 200 studios, Kaedim’s 3d model AI generator adds levels of quality control to provide the best 2d sketch to 3d model option on the market 🏆. Remember to use code A836A7X on Kaedim’s Starter Plan for 10 credits for new customers 🎁. You will not find a comparable AI 2D to 3d converter 🔍. #GameDev #Gaming #GameIndustryUpdates #BuildingBetterGames #VideoGameIndustry #VideoGames

🎮 Game Developer's 2023 Wrap-Up: A Rollercoaster Year in Gaming 🌐🎮Reflecting on the tumultuous journey of 2023, the game industry witnessed seismic shifts and unexpected turns. Microsoft's acquisition of Activision Blizzard, Epic Games challenging Google, and Nintendo's iconic Mario voice replacement were just the tip of the iceberg. The year also saw the demise of E3, Unity's controversial Runtime Fee backtracking, and Embracer Group's scorched-earth approach to its studios. Microsoft's accidental leak revealing Xbox plans added intrigue, while Baldur's Gate 3 emerged as the feel-good success story, captivating players and winning Game of the Year.👾 Join us in revisiting the defining events of 2023 in the gaming world. Read the full recap for an immersive journey into a year that kept us all on the edge of our gaming seats! 🕹️🚀 https://lnkd.in/eUN43pET #GameIndustry #RecapAndReview #YearInGaming#Gaming2023

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1️⃣ Alex Petrenko at Zibra AI predicts that the mobile games sector is set to hit a major stride with an expected 4% increase in revenue, reaching about $111.4 billion. 2️⃣ Even after the pandemic, the mobile games sector is increasing with the strong ability to adapt and grow. This year there will likely be a further rise of RPGs, match-three games and party titles gaining in popularity. 3️⃣ Read more from games industry experts for what lies ahead in the 2024 year:https://ow.ly/UYHU50Qt1po#MobileGames #Games #Gaming #Predictions

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🎮🌐 Unveiling the Complex Journey: The Supply Chain of Video Games #gamingindustry #supplychaininsights Dive into the intricate world behind our favorite digital pastimes, exploring the extensive supply chain that brings video games from initial conception to our screens. From the creative spark at game development studios to the final click in digital marketplaces, every step is a testament to the evolving dynamics of production, distribution, and consumer engagement in the digital age. #videogamelogistics #digitaldistribution 📖 Full read here: https://lnkd.in/gD2wKH6K

This just in - IP in games report from Sensor Tower; European game sales dropped by 7% in January; Helldivers 2 is the best game by CCU from PlayStation Studios on PC. 🔴 The Next Big Wave Of Video Game Layoffs Is Here 🌊: Studios big and small are laying off game developers 🎮. To ensure your studio can keep production costs down and profits up, consider kaedim3d.com for AI that turns images into models in minutes ⏰. Use code A836A7X to get 1 month of Kaedim’s starter plan free (up to 10 credits) 🆓. If you’ve already searched for a 3D AI generator, you know that Kaedim alternatives will only leave you with unusable meshes and wasted time ⌛. Kaedim’s image to 3D AI engine can be used with Unreal Engine, Unity, Omniverse, and Blender or via API for seamless integration into your workflow 🔄. The best part about 2D to 3D AI is that you now have unparalleled access to allow user-generated content like never before 👥. Used by more than 200 studios, Kaedim’s 3d model AI generator adds levels of quality control to provide the best 2d sketch to 3d model option on the market 🏆. Remember to use code A836A7X on Kaedim’s Starter Plan for 10 credits for new customers 🎁. You will not find a comparable AI 2D to 3d converter 🔍. #GameDev #Gamers #GameIndustryUpdates #GamingIndustry #MobileGames #GamingUpdates

Expert insights unleashed in our latest blog post. Dive into the art of crafting compelling stories for CTV games. Our experts spill their professional secrets on how to design narratives for CTV Games. Dive into the blog post now by clicking the link below:https://lnkd.in/dgsgFEbJ

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ByteDance exits gaming while miHoYo's Honkai: Star Rail dominates globally, securing The Game Awards' Best Mobile Game title. MiHoYo's success, echoing Genshin Impact Crystals Generator's acclaim, spotlights China's gaming rise despite industry challenges. Honkai: Star Rail's US$1 billion post-launch revenue signifies the allure of Chinese games. TGA revealed MiHoYo's Zenless Zone Zero for 2024 and Tencent's Last Sentinel, solidifying China's gaming impact beyond Genshin Impact.#Gaming l TikTok l South China Morning Post SCMP

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Emerging spaces in the gaming industry are always mesmerising to explore, and the sphere of "Hyper-Hybrid Casual" gaming is by no means an exception. Representing the evolution and future of UK's Video Gaming Industry, these games present a new world of possibilities.Get a sneak peek into the intriguing world of Hyper-Hybrid Casual Games as we dive deep into a conversation with the pioneers behind Playright Digital Entertainment in our latest article.https://UKT.news/?p=13213This innovative British game studio is molding the future of gaming, staying true to its strategic initiative of delivering deeper engagement systems within their games.Follow their story, and join the crest of this gaming evolution.Stay tuned! We continue to bring you more insights, innovations and riveting stories from the industry.#GamingIndustry #UKTech #HyperHybridCasualGames #Innovation #FutureOfGaming #PlayrightDigitalEntertainment