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Browsing: financial
While Sony has said there are no plans to release sequels in its major franchises this financial year, ruling out…
Final Fantasy Maker Square Enix Will Aggressively Pursue a Multiplatform Strategy After Profits Tumble
Square Enix has announced a significant company reboot amid tumbling profits.Reporting its financial performance for the financial year ending March…
Frontier Developments has announced Jurassic World Evolution 3, due out during its 2026 financial year. That means it will be…
CD Projekt Says 2023 Was Second Best Year in Its History While Posting $120 Million in Net Profits
CD Projekt chief financial officer Piotr Nielubowicz called 2023 the second best year in the company’s history as the studio…
Sega Issues Financial Warning After ‘Sluggish’ Sales of Sonic Superstars, Endless Dungeon, and Total War: Pharaoh
Sega has issued a financial warning after what it called “sluggish” and “weak” sales during the crucial holiday 2023 period.Reporting…
Subnautica 2 Dev Says It’s ‘Not Multiplayer-Focused,’ Clarifies Live-Service Aspects [UPDATE]
Updated, February 8, 2024, 10:20 am PT: In its latest financial report, publisher Krafton seemingly revealed that Subnautica 2 is…
Subnautica 2 is a multiplayer-focused live-service game, publisher Krafton has revealed.Writing in its latest financial report, Krafton described Subnautica 2…
Xbox’s chief financial officer, Tim Stuart, recently shared how excited he was about AI technology being used in game development.…
Embattled Embracer Group Confirms More Than 900 Staff Laid Off So Far — and Warns of More to Come
Embracer Group has said it has laid off 904 staff, or 5% of its workforce, since its financial struggles began…
Tim Sweeney Admits Epic Games Had ‘Financial Problem’ 10 Weeks Prior to Studio Layoffs
Epic Games CEO Tim Sweeney has admitted the company was grappling with a “financial problem” 10 weeks before announcing sweeping…