Category: Games Industry

Since its IPO almost thirty years ago, the corporate history of Ubisoft has been defined, to some degree, by battles with various attempts to take over or wrest control of the company.At the time of that IPO it was still primarily a European distributor for other companies’ games…

The first labour union of game developers in Ontario was formed by staff at Joydrop, only for the majority of employees that voted to reportedly be fired two working days after the victory.Joydrop is the gaming brand of London-based service agency Mikutech, founded in 2013 by Mark Mikulec…

Absurd Ventures has announced the launch of a new studio called Absurd Marin, made up by the former Ascendant Studios team.Based in San Rafael, California, the developer will be led by Ascendant founder and game director Bret Robbins.When asked about more details about the staff, a spokesperson for the studio told us it’s made of

Embracer Group has confirmed it will retain Metro developer 4A Games and Pinball FX creator Zen Studios as the sale of Saber Interactive progresses.Saber was one of Embracer’s operating groups until it was sold to Beacon Interactive – a new company founded by Saber co-founder Matthew Karch – for $247 million in March.In the sale

Campfire has raised $3.95m for its generative AI engine, Sprites.According to Venturebeat, the seed round was supported by Y Combinator, FundersClub, Mercury founder Immad Akhund, gaming entrepreneur and investor Juha Paananen, and Uken Games founder, Chris Ye.To showcase the tech in action, Campfire is developering its own title…

French game developer Drama Studios has announced a new $2.5m seed series investment round “to strengthen the core development team and advance [its game Unrecord] to a solid demo state.”French studio Drama Studios’ hyper-realistic Unrecord gameplay trailer dropped last year, racking up over 11m views on IGN…

Unity has cancelled its runtime fee after “deep consultation” with its “community, customers, and partners.”Last September, Unity announced it would impose a Runtime Fee on every install of a Unity game after it reached certain install and revenue thresholds. There was considerable backlash to the move…

From the reactions we’ve seen to the PS5 Pro’s $700 price tag, it would be easy to think Sony’s new console is dead on arrival. But, as our own Chris Dring pointed out yesterday, the price isn’t the biggest issue facing the new hardware launch, and for all the uproar over the expense…

Valve has launched its new Steam Families feature.Steam Families provides new and existing parental controls, and allows adults to implement child spending limits by approving and denying payment requests for games.It will replace Steam Family Sharing and Steam Family View by putting both features in one place…