Tuesday, 24 September 2024

Game News Round-Up

Daily curated games-industry news digest for 24 September 2024.

General4 stories
Business7 stories

NetEase subsidiary Skybox Labs lays off 25 people

  • Studio said that "despite best efforts, we are not immune to the challenges that have impacted the industry"
  • Founded in 2011, the studio has co-developed titles such as Halo Infinite, Minecraft, and Fallout 76.
GamesIndustry.biz

Airship Syndicate cuts another 16 jobs

  • COO says layoffs come "in light of the challenges facing our industry"
  • In November last year, Wayfinder publisher Digital Extremes announced it was dropping the title amid layoffs. As a result, Airship Syndicate gained full control over the title's publishing.
  • Airship Syndicate is based in Austin, Texas, and was founded in 2014.
GamesIndustry.biz

Two games addiction lawsuits dismissed

  • The cases, which were against firms including Activision Blizzard, Epic Games, and Roblox, were voluntarily dismissed
  • The cases were filed in Arkansas and Ohio on behalf of minors
GamesIndustry.biz

Don't Nod Financial Results (HY1 2024-2025)

  • Operational Revenue: €14.6 million for the first half of 2024-2025, down 11% from €16.5 million in 2023.
  • Development Revenues: Decreased to €2.0 million.
  • Capitalized Productions: Decreased to €1.1 million.
  • Write Downs: €24 million partial write down for Banishers and Jusant, and €7.6 million write down for paused projects P12 and P13.
Game Developer