Nintendo has published its full year financial results, reporting substantial growth in net sales and profits following the first fiscal year of the Switch 2.
2K has laid off staff at 31st Union, the studio working on free-to-play shooter Project Ethos. The news was announced in an internal memo sent by studio head Ben Brinkman, which 2K subsequently shared with GamesIndustry.biz.
Unity has published its financial results for the first quarter ended March 31, 2026, with overall revenue rising 17% to $508 million, up from $435 million during the same quarter last year.
CCP Games, the developer of Eve Online, is now operating independently as Fenris Creations after its $120 million sale from Pearl Abyss earlier this week.
The founders of Gearbox Quebec, which contributed to multiple Borderlands titles, have announced a new Canadian studio containing a number of other Canadian AAA developers. Studio Ricochet has a goal of creating "original, premium games on their own terms" while "taking the opposite approach" to other post-AAA teams which have run into problems.
Electronic Arts has announced the preliminary results of its fourth fiscal quarter – and the financial results for the full year – reporting a "record" performance underpinned by a successful Battlefield 6 launch, and live services portfolio growth. Net income was down 20.9% across the whole year, but up 81.5% across the latest quarter.
The third edition of Gamescom Latam drew 154,000 visitors, up 17.5% on 2025. Last year the show attracted 130,000 attendees, up 30% on the first edition of the event in 2024.
Xbox CEO Asha Sharma has announced major leadership changes as it ends development of Gaming Copilot for consoles and begins phasing out the feature on mobile.
IGN Entertainment (IGNE), the parent organization of GamesIndustry.biz, has released a new report developed in association with Kantar and UC Berkeley analysing entertainment consumption. The data, based on detailed polling of thousands of highly-committed content consumers in the US, UK and Australia, suggests diverging consumption habits of three distinct generations of consumers.
Generative AI has had a seismic impact on the price and availability of computer hardware. Major chip producers like Samsung, Hynix, and Micron have focused on furnishing the rapidly rising number of AI data centres around the world, and as a result, components for consumer hardware are in short supply – and have skyrocketed in price.
Pearl Abyss, the Korean developer of hit MMO Crimson Desert, has sold Eve Online developer CCP Games back to its CEO Hilmar Veigar Pétursson for $100 million in cash and $20 million in "token acquisition rights", eight years after buying it for $225 million in cash plus $200 million in performance-related payouts. The figures were reported by Korean outlet Digital Today.