Frank O'Connor and Brian Ulrich have joined Bit Bot as creative director and general manager, respectively. This strategic expansion positions the studio to scale its development capabilities.
Former NetEase executive Simon Zhu has launched a new holding company, GreaterThan Group (GTG), securing $40 million in funding and approximately $60 million in additional commitments.
Capcom has reported increased profits across all divisions for the ninth consecutive year, driven by its core digital contents segment – particularly Resident Evil Requiem and strong catalogue sales within the franchise.
SNK has announced it is investing in a new studio founded by Katsuhiro Harada, the veteran Bandai Namco producer and long-term perma-sunglasses-wearing face of the Tekken franchise. VS Studio and SNK will "collaborate on game software development to further strengthen their development capabilities", and SNK "will support the launch of the new studio and plans to make it a consolidated subsidiary," the company said in a press release.
South Korean developer Pearl Abyss's Q1 operating revenue surged 419.8% year-over-year to ₩328.5 billion ($220.6 million), driven by the March 19 launch of Crimson Desert.
Sega Sammy has released its financial results for the year ending March 31, 2026. While net sales increased by 13.6%, operating income from its entertainment contents, including the video games division, declined from ¥40.8 billion ($259 million) to ¥32.4 billion ($205.5 million).
Nintendo shares have dropped after president Shuntaro Furukawa acknowledged that raising the prices on its hardware "will raise the barrier to purchase."
User-generated content (UGC) in the gaming space is a buzzy topic, with platforms like Roblox, Fortnite, Minecraft and even GTA Online serving as a platform for thousands of creators to build their own games and in some cases their own fortunes – but it's not a new one.
Guerrilla Games co-founder Arjan Brussee has announced plans to develop a game engine positioned as "a European alternative" to competitors such as Unreal and Unity.
Atari has acquired the "complete and exclusive rights" to the first five games in the original Wizardry RPG series, including related intellectual property from the original rights holder.
It's easy to be drawn in by the drama of a revolution – a monumental game or technology that transforms an entire genre or industry segment, or even invents an entirely new one from whole cloth. The hype around those moments and the permanent anticipation for the Next Big Thing can, however, blind us to a different but equally important kind of change – the sort that happens incrementally, quietly, without the excitement of a major product launch or the fanfare of a shiny new technology.
Sony has released its full-year financial results, reporting stable sales and a modest increase in operating income for its Games & Network Services segment (G&NS).