Paramount Skydance launches $108.4bn hostile takeover bid for Warner Bros Discovery
Entertainment giant Paramount Skydance has kicked off a hostile takeover attempt for Warner Bros Discovery just days after the latter accepted a deal from Netflix.
Entertainment giant Paramount Skydance has kicked off a hostile takeover attempt for Warner Bros Discovery just days after the latter accepted a deal from Netflix.
In October, the Korean publisher Krafton – which is behind games such as PUBG: Battlegrounds and Inzoi, and whose studio portfolio includes Tango Gameworks, Unknown Worlds Entertainment, and Neon Giant – announced that it would be positioning itself as an "AI-first company." The firm said it would be "prioritizing AI as a central and primary means of problem-solving," a move that will involve a "complete" reorganization and the investment of 100 billion Korean won ($69.7 million) in a new GPU cluster.
The Asia and MENA game markets are on track to generate $88.97 billion in games revenue for 2025, better than was previously forecast.
The former head of Sony Interactive Entertainment Worldwide Studios, Shuhei Yoshida, has said that Japanese game developers are unable to keep pace with their Chinese counterparts.
Industry veterans from PlayStation London Studio, Disney Interactive, and Square Enix have formed a new studio.
Tekken veteran Katsuhiro Harada has announced his departure from Bandai Namco after three decades.
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