TikTok maker ByteDance is restructuring its video game business
… Game Developer has reached out to Nuverse for more information on ByteDance's restructuring efforts. …
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EVE Online dev turns independent and rebrands as Fenris Creations
… "The ownership group comprises Fenris Creations’ senior management and long-term investors aligned with the company's future as a developer, publisher, and operator of player-driven online experiences." Related: Switch 2 outpacing original Switch after nearing 20 million sales Fenris CEO Hilmar Vei… …
Frontier ditching genre experiments after Realms of Ruin underwhelms
… Outlining those restructuring plans in October, the company said it must return to profit to create a "sustainable foundation for the future." About the Author Chris Kerr Senior Editor, News, GameDeveloper.com Game Developer news editor Chris Kerr is an award-winning reporter with over a decade of … …
Former LucasArts, Ubisoft veteran Clint Hocking founds new studio
…Development on Assassin’s Creed Codename Hexe continues with a seasoned team." In January of this year, Ubisoft initiated a colossal restructure to become a "gamer-centric" company, implementing cost-cutting, project…
Embracer to spin off major video game franchises and studios
…This will be combined with optionality from structural initiatives, including a continued focus on profitability and M&A, to drive shareholder value," continues the announcement. Embracer will remain the home of notable…