Report: Tencent plans to exit investments in Japanese studios like Story of Seasons developer Marvelous
… GamesIndustry.biz contacted Tencent for comment, and received the following response: "Video games are core to Tencent's business. …
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Tencent, Xbox, Game Angels, Ansible and Flick to speak on Game Republic New Horizons investor stage
… There's going to be a fireside chat with Tencent business development director Teddy Keefe, as well as a panel with The Game Angels' Nick Button-Brown, Ansible's Tracy McGarrigan, and Ian Masters of Flick Games, dubbed "Beyond the Pitch: Securing and Surviving Angel Investment". …
"They wouldn't look at any game that was less than £50 million" Why Tencent's all-in strategy didn't suit Bulkhead
… Later that same year, the studio was acquired by Splash Damage , which had been acquired itself by the Chinese giant Tencent around two years previously, when Tencent snapped up Splash Damage's parent company Leyou Technologies for around $1.3 billion . …
New data suggests layoffs will affect 14,259 people by the end of 2026, up 78% from first forecast of the year
… "The pace of layoffs is accelerating faster than our models initially predicted," said business development director at Tencent Games Amir Satvat, who maintains the tracker. …
Auditors warn Don't Nod will run out of cash by November if it is unable to secure financing
… GamesIndustry.biz has reached out to Don't Nod and Tencent for comment.
Last Sentinel developer Lightspeed LA conducts layoffs, 80 roles reportedly cut
Tencent-owned Lightspeed LA has undergone layoffs as it "shifts the creative and development direction" of its debut title, Last Sentinel. …
Games for Change report aims to ground parental gaming concerns in "evidence rather than fear"
Non-profit organisation Games for Change has published a white paper exploring how parents approach video games, and how to shift their focus away from "fear-driven narratives focused on addiction, violence, and excessive screen time." Authored by G4C research director Dr Rachel Kowert and supporte… …
Ubisoft names general managers of Creative Houses 3 and 5, Creative Network
French publishing giant Ubisoft has appointed Tencent and 2K veteran Julien Bares as general manager of its newly-formed Creative Houses 3 and 5. Bares was previously the VP of Tencent Games, a position he took up in September 2020. …
Nexon Q1 net income rises 118% to $360.7m
… During the quarter, Nexon also announced that development of the China service for Dungeon & Fighter Mobile was transferred to Tencent "for greater hyperlocalisation and player engagement." Neople Studio will retain creative control during co-development with Tencent. …
John Romero announced as keynote speaker for Gamescom Asia x Thailand Game Show
Gamescom Asia x Thailand Game Show has announced that id Software co-founder John Romero will headline the business area conference of this year's event in Bangkok, with a keynote entitled "Why We Still Make Games" about "a lifetime of building games, overcoming setbacks and navigating decades of i… …