Meta Quest usage reaches "all-time high" in 2025 despite studio closures and layoffs
Meta Quest usage hit "an all-time high" in 2025, with more than 100 titles generating over $1 million in gross revenue.
Meta Quest usage hit "an all-time high" in 2025, with more than 100 titles generating over $1 million in gross revenue.
Nintendo has announced price changes to Switch 2 titles in the US, with digital versions costing less than their physical counterparts.
Crimson Desert developer Pearl Abyss has seen its share price stabilize after confirming the new action-adventure game has sold three million copies.
Nordic Game, which will take place on 26–29 May at Slagthuset in Malmö, has exclusively revealed its latest speakers to GamesIndustry.biz, along with the conference's inaugural AI Track. GamesIndustry.biz will be an official media partner of the event.
When asked to describe the content at Nordic Game this year, further details of which were announced today, program director Jacob Riis sums it up as being the "time of the indies."
The team at Bulkhead has come a long way from its humble beginnings. Initially working on indie budgets, the studio eventually found millions being thrown its way under Tencent. But ultimately, it was more money than they could spend.
Team17 Digital parent group Everplay has published its full-year financial results for 2025, reporting flat revenue and a 10% increase in gross profit.
In the last decade, Sweden's Starbreeze has very much become the Payday company. Payday 2, which launched in 2013 and has sold over 40 million units, helped the firm through its darkest days. The company bet the house on 2023's Payday 3, with middling results: the title debuted to mixed reviews and sales and player counts that were "significantly lower than we would like", prompting the creation of a "strike team" to turn the game's fortunes around.
Epic Games is laying off more than 1,000 employees after a "downturn in Fortnite engagement" led the company to "spend significantly more" than it makes.
The Canadian developer of Dead by Daylight, Behaviour Interactive, has bought The Fun Pimps, the Texas-based studio behind 7 Days to Die.
The UK games development sector is experiencing the "most severe downturn on record," with its employment rate falling 4.5% year-on-year.
Capcom has clarified its stance on generative AI, stating that it "will not be implementing any assets into [its] video game content."
Nintendo is reportedly cutting back production of the Switch 2 following weak holiday sales, "particularly in the US."
Jest, the first marketplace for messaging apps that use texting protocols SMS and RCS, has launched the Jest Games Fund to support studios building games "for the RCS messaging ecosystem" that can be published on its platform.
Mojang has partnered with Merlin Entertainments to build the world's first Minecraft theme park in the UK.
Savvy Games has acquired Mobile Legends developer Moonton from TikTok owner ByteDance for $6 billion.
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