Report: Ubisoft cancels social-sim game Alterra
… As Insider Gaming reports, employees working on the game were put on availability for other projects within the company. Game Developer understands the cancellation won't result in job cuts. …
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Sega explains Hyenas was "good" months after scrapping the shooter
… The Hyenas maker said developers "poured their hearts" into the project for years and explained that accepting the cancellation hadn't been easy. …
Hasbro cancels Dungeons & Dragons game led by Respawn veterans
… Yet, it also said the studio's unnamed Snake Eyes project has not been canceled. …
Quantic Dream cutting jobs after torching Spellcasters Chronicles
… The resulting project was ungodly expensive and aimed at a high-risk market, without matching current player demands." STJV said nobody within Quantic Dream is surprised by the cancellation, despite being told that success was a foregone conclusion for Spellcasters Chronicles by project leaders. …
Report: Amazon cancels The Lord of the Rings MMO
… Amazon has been largely radio silent about the project itself, but the context surrounding it has been tumultuous, to say the least. …
Ubisoft's net bookings are down 54% year-on-year
… The publisher reorganized around five "creative houses," implementing cost-cutting, project cancellations, and a more robust return-to-office mandate. …
Embracer lays off 50 at Chorus developer Fishlabs
… Embracer CEO Lars Wingfors claimed there was a "lack of approval and financing" for a Fishlabs project that has since been cancelled. In her post saying she was looking for work, systems designer Inari Bornholm noted that this makes her third cancelled project of the year. …
Indika developer raises $5M in funding for next project
… Odd Meter will be using the funding to develop its as yet unannounced new project. …
Sega is lowering the priority of games-as-a-service titles
… In late 2022, Sega reaffirmed its commitment to the project, hoping to have it in the hands of players by March 2026. The company was projecting it would deliver lifetime sales of at least 100 billion yen around $672 million at the time . …
Arc Raiders tops 16 million sales and could be heading to China
… "Creative talent has been redeployed to projects that can capture and sustain a global audience," added the company. …