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May 26, 2022
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Updates » Business/Marketing
Xbox boss talks mergers and acquisitions, says telling studios not to sell is 'short-sighted' 1
by Chris Kerr [06.30.21]
"If a team actually takes the risk of starting a new company, starting a new studio, building that over years, building value in that. To say they shouldn’t sell, I think, is just short-sighted."
Console/PC, Business/Marketing

Vela Games raises $17.3 million to create debut co-op title codenamed 'Project-V'  
by Chris Kerr [06.30.21]
Vela Games, the Dublin-based studio established in 2018 by a group of former Riot and EA developers, has raised $17.3 million in Series A funding to build out its debut title.
Console/PC, Production, Business/Marketing

PUBG owner Krafton buys interactive content production company Thingsflow  
by Chris Kerr [06.30.21]
South Korean video game company Krafton has acquired Thingsflow Inc, the interactive production company behind chat-based content platform Hellobot.
Console/PC, Business/Marketing

Konami and The Medium dev Bloober Team partner to create new games  
by Chris Kerr [06.30.21]
Konami Digital Entertainment has signed a strategic partnership with The Medium developer Bloober Team to create games based on existing and new properties.
Console/PC, Business/Marketing

GDC 2021 will feature an Xsolla Devnote on the state of the game industry  
by Staff [06.29.21]
Don’t miss Xsolla's sponsored Devnote on the state of the game industry at GDC 2021.
Console/PC, Business/Marketing, GDC

Blog: How to pitch a video game  
by Gamasutra Community [06.29.21]
A summary of my experience and knowledge on video game pitching I gathered over the course of years in the games industry.
Design, Production, Business/Marketing

Thunderful names former [email protected] director as chief strategy and investment officer  
by Chris Kerr [06.29.21]
Lonely Mountains: Downhill and SteamWorld Quest publisher Thunderful has named former [email protected] director Agostino Simonetta as its new chief strategy and investment officer.
Console/PC, Business/Marketing

Iron Galaxy hires diversity, equity and inclusion program lead to build inclusive teams  
by Chris Kerr [06.29.21]
Wreckateer and Killer Instinct Season 2 and 3 developer Iron Galaxy Studios has named Rejess Marshall as its new program lead of diversity, equity and inclusion.
Production, Business/Marketing

Sony accidentally said it acquired Demon's Souls dev Bluepoint for a hot second 1
by Chris Kerr [06.29.21]
As the rest of the world learned about Sony's acquisition of Returnal developer Housemarque, PlayStation Japan also welcomed Demon's Souls maker Bluepoint Games into the fold.
Console/PC, Production, Business/Marketing

Sony acquires Returnal developer Housemarque to expand PlayStation Studios 1
by Chris Kerr [06.29.21]
"After more than 15 years of successfully collaborating, we’re excited to amplify our potential even further and join PlayStation Studios."
Console/PC, Production, Business/Marketing

Microsoft brings Xbox Series X-powered cloud game streaming to iOS and PC  
by Chris Kerr [06.29.21]
Microsoft has launched Xbox Cloud Gaming (a.k.a. Project xCloud) on iOS and PC in 22 countries.
Console/PC, Business/Marketing

Opinion: what's the best timing to release your game?  
by Gamasutra Staff [06.28.21]
We never really talked about which week and month it’s best to debut your game in. There’s a contrarian, over-simplistic answer on this, and then a more nuanced answer. You get both.
Console/PC, Indie, Design, Production, Business/Marketing

The GDC 2021 event platform is now open!  
by Staff [06.28.21]
GDC attendees, heads up—you can now log in to Swapcard, the official platform of the 2021 Game Developers Conference.
Console/PC, Business/Marketing, GDC

Sponsored Content
The New Metaverse Economy  
by Nancy Beaton, VP of Strategy, IMVU/VCOIN [06.28.21]
Sponsored: New technologies and movements are starting to cater to a new culture of immersion. The companies, games and experiences that embrace those technologies will be the real social and economic winners.
Social/Online, Business/Marketing, Sponsored Article

Blog: Contract Killers - What developers should eliminate from their publishing agreement (Part 3) 2
by Gamasutra Community [06.28.21]
Part 3 in a series looking at video game publishing agreements and what developers should look to change if possible to protect their game and their business.
Business/Marketing

Pro wrestler loses Call of Duty character copyright lawsuit against Activision 1
by Chris Kerr [06.28.21]
WWE wrestler Booker T. Huffman has lost a character copyright infringement lawsuit against Call of Duty maker Activision Blizzard.
Console/PC, Business/Marketing

Indian game streaming app Loco nets $9M from investors including PUBG owner Krafton  
by Chris Kerr [06.28.21]
South Korean company Krafton, which owns popular battle royale shooter PlayerUnknown's Battlegrounds, took part in the investment round alongside others.
Production, Business/Marketing

VRChat scoops up $80 million in funding with help from Anthos Capital  
by Bryant Francis [06.25.21]
The makers of VRChat have picked up $80 million in funding in a round of Series D investments led by Anthos Capital.
VR, Business/Marketing

Don't Miss: What the Shadowrun Returns devs got right on Kickstarter 13
by Staff [06.25.21]
Take a look back at how Harebrained Schemes nailed its Kickstarter for Shadowrun Returns in the early days of the funding platform.
Console/PC, Business/Marketing

Finnish mobile studio Boom Corp nets $1.8 million to create social games  
by Chris Kerr [06.25.21]
Finnish mobile studio Boom Corp has raised $1.8 million to create games that champion player communities, social gameplay, and self expression.
Smartphone/Tablet, Production, Business/Marketing