Ubisoft cancels three new games, cites economic challenges
Ubisoft has cancelled three unannounced video games as a result of the financial climate.
Nintendo establishes mobile games venture with DeNA
Nintendo is partnering with mobile games company DeNA for a joint venture to strengthen Nintendo's digital business.
PlayStation Plus has lost 1.9 million subscribers since revamp
PlayStation Plus is reportedly faltering, with subscription figures dropping from 47.3 million to 45.4 million in 3 months.
Mighty Kingdom announces staff layoffs to reduce costs
Mighty Kingdom has announced a major staff overhaul in an effort to reduce business costs.
Bandai Namco reports 55% rise in game sales, despite economic downturn
Bandai Namco has reported major year-on-year growth for the first quarter of its Q1 2023 financials.
Square Enix reportedly looking to improve its 'capital efficiency'
Square Enix is reportedly looking to sell major stakes in its studios to focus on diversifying its capital.
EA says single player games are 'really, really important' after controversy
Andrew Wilson, CEO of EA has enthused about single player games in a recent earnings call.
Nintendo reports sales drop as economic downturn continues
Nintendo has reported a minor sales drop in hardware and software as coronavirus continues to play havoc on the economy.
Activision Blizzard reports sales decline, employee boost in Q2 earnings
Activision Blizzard has reported a sales decline for Q2 2022, but planned growth may right the ship.
Sony reduces income forecast after rocky Q1 performance
Sony has revised its operating income forecast for the future as expenses grow, and profits drop.