Greedfall developer Spiders set to close
…is "merely a formality at this stage" after the studio's other recent project, codenamed Dark, was cancelled last year. After that, Spiders reportedly "focused its efforts on the final stretch of…
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VR developer Polyarc Games facing layoffs
…Polyarc, known for the adventure-puzzle game Moss, stated it was unable to secure funding after the cancellation of a major project. "We had to make the decision to significantly reduce the…
Microsoft reportedly offers voluntary retirement program for 7% of US workforce
…In the gaming division, this included closing The Initiative , canceling the Perfect Dark reboot and Rare's Everwild, as well as several unannounced projects. Raven Software and Turn 10 Studios also faced…
Embracer Group announces plans to spin-off Fellowship Entertainment
…This includes SEK 6 billion ($637.7 million) related to goodwill and M&A intangibles, and SEK 1.2 billion ($127.5 million) for an unannounced ongoing AAA game project. Here's…
Union claims Nacon's decision to shutter Spiders was a "premeditated and deliberate choice"
…de facto seized by the group," the union claimed. "Last year, when Nacon abruptly cancelled production on project Dark, unilaterally and without concrete explanations, it started a countdown for the studio, which…
Pearl Abyss sells CCP back to its CEO for less than half what it paid, plus $20 million in crypto
…beyond its venerable MMO, and had previously cancelled two shooter spin-offs prior to the Pearl Abyss acquisition in 2018 . Its other publicly-announced project, extraction shooter Vanguard, is currently listed as…
Ubisoft names general managers of Creative Houses 3 and 5, Creative Network
…At the same time, the company cancelled six projects and announced a €200 million round of cost-cutting. "I am very pleased to see Julien and Thomas stepping into these strategic roles…
"We aren't just still going, we are growing." How The Division 2 has attracted more players than ever seven years on from release
…The project was being helmed by Red Storm, but was ultimately cancelled after a number of public tests and a few delays. The Massive team isn't able to comment much on…
Ubisoft's full FY26 financial report shows a sharp decline in revenue and net bookings
…The report also confirms seven projects have now been cancelled, with six games delayed , although the firm still reached 36 million monthly unique users and 129 million unique users across consoles and…
Starbreeze's Payday-focused future starts with a co-developed VR game
…s primary source of income ( just last year, the firm cancelled its in-development Dungeons & Dragons games-as-a-service title , Project Baxter.) The franchise has over 50 million players and has…