Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Browsing: financial
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…
Physical confrontation, financial responsibility, emotional insecurities–these are things I run away from in life. So why wouldn’t I default to…
Sega Admits Creative Assembly’s Hyenas Is a ‘Challenging’ Title, ‘Striving’ to Improve Quality
Hyenas is a “challenging” title, Sega has admitted. In a just-released transcript of a financial briefing held on August 1,…
EA’s latest financial results have revealed a 10 percent rise in sales for FIFA 23 compared to last year’s entry,…
Square Enix wants to make “global hit titles” and believes blockchain will “play a key part in future growth”
In a financial report that confirmed Square Enix has “set new records for full-year net sales”, the Japanese company says…
In a financial call yesterday, Sony told investors that no first-party games will be released on the PlayStation 4 in…
EA has released it financial report for the year, highlighting the ongoing growth of its live-service games. The company specifically…