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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.

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