Saudi-backed Savvy Gaming Group purchases $1 billion stake in Embracer Group

Image via Embracer Group Savvy Gaming Group, a subsidiary of the Saudi Arabian government’s Public Investment Fund, has acquired a $1 billion stake in Embracer Group, the holding company that owns numerous media parent companies and game development studios. ...

ESA says E3 will return in 2023

Image via ESA E3 might be absent for now, but it’s making its return next year, according to Entertainment Software Association president and CEO Stan Pierre-Louis. The Washington Post reported today ESA’s intention to bring E3 back in 2023, ...

Ubisoft has no plans for a showcase this June

Image via Ubisoft Despite regularly holding their own presentation alongside E3 around June, there won’t be any Ubisoft events taking place this month in 2022. According to a report by Axios, Ubisoft’s regular June showcase won’t be taking place ...

V Rising has sold more than 1.5 million copies

Image via Stunlock Studios V Rising developer Stunlock announced in a blog post yesterday that over 1 million players have purchased the vampire survival game since its early access release two weeks ago. It was a stunning mark to ...

Microsoft employees accuse executives of decades of verbal abuse and misconduct

Image via Microsoft Dozens of Microsoft employees have come forward to accuse executives of the company of verbal abuse and misconduct, with some reports dating back decades, according to a recent report from Insider. The report says that employees ...

A group of Activision Blizzard employees have formed an anti-discrimination committee

Image via Activision Blizzard Twelve Activision Blizzard employees have come together to form a committee that aims to combat discrimination based on gender and sex within the company, according to a report by the Washington Post. This news comes ...

Enthusiast Gaming’s largest shareholder calls for CEO to be ousted, board overhauled

Photo by Robert Paul via Blizzard Entertainment The largest shareholder in Enthusiast Gaming, the holding company of Luminosity, the Vancouver Titans, and the Seattle Surge, has penned an open letter to the company in which it called for the ...

Raven Software employees vote to form union

Image via Activision Blizzard The U.S. video game industry has its first union. Quality assurance testers from Raven Software, the Activision studio responsible for maintaining and updating Call of Duty: Warzone, formed the Game Workers Alliance earlier this year. ...

FaZe enters year-long collaboration with Disney

Image via FaZe Clan FaZe Clan has added Disney to its growing list of merchandise collaborations, the organization announced today. FaZe’s most recent project, The Armory, was the centerpiece for the FaZe1 competition before it was postponed due to ...

PlayStation gender discrimination lawsuit reignited with updated focus

Image via Sony After her initial sexual discrimination lawsuit against Sony had a majority of the claims discarded in April, former PlayStation employee Emma Majo is now engaging in a second suit with a narrower scope focused on the ...

Electronic Arts reportedly looking to facilitate a merger or acquisition

Image via Respawn Entertainment Electronic Arts is actively pursuing a merger or sale and have recently been in talks with companies like Comcast subsidiary NBCUniversal, according to multiple new reports. In a report surrounding potential acquisitions for Comcast CEO ...

Microsoft exec: Activision Blizzard deal ‘moving fast’ toward completion

Photo via Activision Blizzard / Mergr Microsoft’s $68.7 billion acquisition of Activision Blizzard is “moving fast” toward regulatory approval, according to Microsoft vice chairman and president Brad Smith in a recent interview. Smith told Belgian business publication L’Echo that ...

Former employee sues GameStop for allegedly breaking labor laws

Screengrab via GameStop GameStop’s bizarre journey over the past two years is continuing to twist and turn. Polygon reported today that a former GameStop employee has filed a class-action lawsuit against the company in New York state. The lawsuit, ...

100 Thieves is making its own video game

Image via 100 Thieves 100 Thieves has announced it has begun development on its own video game. In a new video released by the esports organization today, Nadeshot and John Robinson revealed that the company is working on its ...

Saudi Arabia’s Public Investment Fund now owns a 5 percent stake in Nintendo

Screengrab via Nintendo Saudi Arabia’s Public Investment Fund (PIF) has officially purchased a 5.01 percent stake in Nintendo, marking the group’s third direct investment in a major Japanese game developer over the last several months. According to Bloomberg, this ...

PlayStation, Insomniac to donate $100,000 to women’s reproductive rights after PS president’s insensitive email

Image via Sony In an email viewed by Bloomberg last week, PlayStation president Jim Ryan wrote to employees asking them to “respect differences of opinion” regarding abortion rights before detailing his two cats’ recent birthday parties. Now, PlayStation and ...

Twitch deletes video of Buffalo mass shooting, ‘monitoring’ accounts rebroadcasting footage

Image via Twitch Twitch deleted the video of the mass shooting in Buffalo, New York, yesterday. The company is also “monitoring for any accounts rebroadcasting this content,” according to a statement. Yesterday, a white 18-year-old male attacker opened fire ...

LEGO Star Wars reportedly brought in more launch month sales than any other LEGO game to date

Screengrab via Warner Bros. Interactive Entertainment Executive director and video game industry advisor for the NPD Group Mat Piscatella said today that LEGO Star Wars: The Skywalker Saga was the best selling game of April this year and the ...

Final Fantasy XIV continues to carry Square Enix to financial success

Image via Square Enix Final Fantasy XIV has continued to bring in a solid profit for Square Enix amid the tepid drip of income from other non-MMO games produced by the company. Net sales declined from the previous fiscal ...

Nintendo Switch officially surpasses PS4 in lifetime sales in U.S.

Image via Nintendo With financial report season in full swing, the NPD Group has confirmed that the Nintendo Switch has surpassed the PlayStation 4 in total lifetime sales in the United States, making it the fourth best-selling videogame console ...

Unity to donate $623,000 to humanitarian charities in Ukraine

Image via Unity Unity Technologies, the company responsible for the game engine Unity, will donate $623,000 to four international humanitarian charities—Ukraine International Medical Corps, Unicef, Nova Ukraine, and the Canadian Immigrant Aid Society—that are supporting the people of Ukraine ...

Players spent more than $6 billion in mobile shooter games in 2021

Image via Activision While mobile gaming has usually been all about casual gaming, this has started to change in the past few years. Now, one of the fastest-growing genres in mobile development is shooter games. The tremendous growth has ...

THQ, Gearbox owner Embracer donating $1 million to Ukraine aid

Image via Embracer Group It seems that news about the ongoing Russian invasion of Ukraine has been on plenty of people’s minds lately. Those who were unaware of international affairs now have their eyes on its people as they ...

Epic acquires music store and community Bandcamp

Image via Epic Games Epic Games has completed an unexpected deal, acquiring online music store and community Bandcamp. Bandcamp is best known as a platform that gives fans ways to support independent musicians directly while giving artists an average ...

Akemi Sue Fisher named CEO of Galaxy Racer North America

Image via Galaxy Racer Galaxy Racer has appointed Akemi Sue Fisher as the CEO of Galaxy Racer’s new North American division as the MENA-based esports organization continues to diversify its stake in esports. Fisher has become a leader in ...

GodLike Esports has signed Indian cricketer Rahul Tewatia

Image via GodLike Esports Indian esports organization GodLike Esports has signed professional cricket player, Rahul Tewatia, it revealed today. Tewatia doesn’t have a gaming or esports background and his signing has come as a surprise. GodLike, which has primarily ...

Nintendo acquires long-time support studio SRD Co.

Image via Nintendo Nintendo has finalized its first studio acquisition since January 2021, bringing long-time development partner SRD Co. on as a subsidiary. SRD has closely worked with Nintendo on everything from developing full games to supplemental assistance with ...

Riot Games is expanding into the APAC region with new offices and a focus on hyper-localization

Image via Riot Games Riot Games is reorganizing its business in the Asia Pacific (APAC) region with a “massive focus” on hyper-localization, it revealed in a press release. As a part of this, the company will be expanding its ...

PlatinumGames isn’t interested in NFTs because they have ‘no positive impact on the creators or the users’

Screengrab via Platinum Games In part of a larger interview with VGC, recently promoted PlatinumGames president and CEO Atsushi Inaba and vice president Hideki Kamiya have shared a lot of information about their thoughts and plans for the company ...

Assassin’s Creed Valhalla becomes first game in franchise to reach $1 billion in revenue

Image via Ubisoft Assassin’s Creed has long been Ubisoft’s premier franchise, spanning over 12 games across countless platforms. And the latest entry in the series, Assassin’s Creed Valhalla, made history by becoming the first game in the long-running franchise ...

Juked looks to make esports social network through new app

Image via Juked Esports streaming aggregation platform Juked officially launched its new mobile application today, but it’s more than what you might expect. The new application, available on the Apple App Store, is aiming to be a social esports ...

FTX partners with Nerd Street Gamers for future tournaments

Image via Nerd Street Gamers Nerd Street Gamers has revealed its new partnership with FTX will see the US-regulated cryptocurrency exchange be a title sponsor for multiple Nerd Street events in the future. Cryptocurrency is the future for esports ...

Nintendo to buy back over $400 million worth of shares

Image via Nintendo Nintendo announced plans to buy back $432.9 million (56.36 billion Japanese yen) worth of shares in today’s annual financial results. The transaction will take place tomorrow, May 11. Nintendo has seen great sales success with the ...

Garena parent Sea Ltd shares tank as news of Free Fire’s ban in India emerges

Image via Garena Garena’s parent company Sea Limited shares have fallen substantially after reports emerged claiming its marquee mobile title Free Fire is getting banned in India. India was one of the biggest markets for Free Fire. According to ...

Galaxy Racer has become the official sponsor of Canada’s national Cricket team

Image via Galaxy Racer Dubai-based esports organization Galaxy Racer has become the “Leading Arm” sponsor of the Canadian men’s national cricket team at the ICC Men’s T20 World Cup Qualifier A, it revealed in a press release today. As ...

EA and FIFA end partnership, franchise to be called EA SPORTS FC following FIFA 23

Image via EA Sports EA and FIFA are set to end their long partnership. EA announced today that following the release of FIFA 23 later this year, the franchise will transition to a new name: EA SPORTS FC. Since ...

Astralis acquires majority stake in PiXEL.TV, a Danish broadcaster

Image via Astralis Astralis, a major Danish esports organization that has teams in CS:GO, League of Legends, FIFA, Rainbow Six Siege, and Fortnite, is now the majority owner of PIXEL.TV, the first internet-based TV platform in Denmark. This is ...

Nintendo hacker Gary Bowser sentenced to 40 months in prison

Image via Nintendo Gary Bowser, who was arrested more than a year ago for his involvement in a piracy group known for its exploitation of various companies’ video game console devices, including Nintendo, has been sentenced to 40 months ...

Unpaid, under fire: Unraveling the downfall of Noble Esports

Red flags   Nobility Token  Toxicity and blurred lines End of the line  Employees left in limbo  Image via Noble For a short time on Feb. 7, Noble Esports ceased to exist. After social media managers took over the company’s ...

How much did Activision Blizzard earn in 2021?

Image via Activision Blizzard Activision Blizzard was a common sight in headlines during 2021. The company was hit by a massive gender discrimination lawsuit levied by the state of California, and its firings of QA workers at Raven Software ...