Perfect World has reportedly made large staff cuts. The tech giant, which exclusively distributes Dota 2 and Counter-Strike 2 in China and sold its North American branch to Embracer, is said to have laid off over a thousand staff.Per Chinese outlet The Paper, the reductions have hit nearly all of the company's business units across the cities of Beijing, Shanghai, and Chengdu. One mid-range team reportedly dropped from 150 staffers to "dozens" as a result of the cuts.Thus far, the esports division is said to be the one department that saw no losses. That part of Perfect World's business is said to produce "relatively low" income.Back in April, Perfect World's 2023-2024 financials showed the company made 491 million yuan (or $67.5 million) in net profit, a 64.31 percent decline from the previous year.Video games are said to make up most of its revenue source, though the division saw losses in operating income (by 7.91 percent) and net profit (69.21 percent) compared to the previous year.It's unclear what this means for the studio project-wise. A Perfect World spokeperson told The Paper its previously announced One-Punch Man: World and Perfect New World are still in development, while outlets like Pandaily claim those projects are now suspended.
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Indie developer Blingame revealed it had to kill the Xbox Series X|S version of its 2022 game, Haak, owing to a tumultuous porting process.Over the weekend, the studio released a statement detailing how it spent "over 14 months" trying to bring its game to Microsoft's console. That ended up being a "nightmare," mainly owing to "many" alleged bugs in Microsoft's Partner Center.Last year, Baldur's Gate 3's Xbox Series X|S port hit a snag pre-release owing to the S console. Those issues were later resolved, but the two games indicate a potential larger issue with bringing titles to Xbox as a staggered release.Porting games can already be tricky for various reasons. A lack of proper support from console makers cuts multiple ways, especially in …
Indie developer Blingame revealed it had to kill the Xbox Series X|S version of its 2022 game, Haak, owing to a tumultuous porting process.Over the weekend, the studio released a statement detailing how it spent "over 14 months" trying to bring its game to Microsoft's console. That ended up being a "nightmare," mainly owing to "many" alleged bugs in Microsoft's Partner Center.Last year, Baldur's Gate 3's Xbox Series X|S port hit a snag pre-release owing to the S console. Those issues were later resolved, but the two games indicate a potential larger issue with bringing titles to Xbox as a staggered release.Porting games can already be tricky for various reasons. A lack of proper support from console makers cuts multiple ways, especially in …
For Remedy, the first half of 2024 has been quite fruitful.In the six-month period for January-June 2024, the Alan Wake developer saw a revenue growth of 33.7 percent from last year's period to €21.1 million (or $23 million). For the period's operating profit, Remedy reported a loss of €5.3 million, down year-over-year from €10.4 million.The three-month second quarter (between April 1 and June 30, 2024) saw revenue of €10.3 million, up 16.2 percent from last year's €8.9 million. It also had its own operational loss of €3.2 million, down compared to €4.8 million in the same period last year.Still, there's been "improved profitability" overall compared to last year's fiscal period.And while Alan Wake II still hasn't become fully profitabl…
Canadian VR studio Archiact is shutting down after over a decade. The company laid off an undisclosed number of workers in January but will now be pulling down the shutters for good.Archiact has published over 35 titles to date and worked on notable projects such as Doom 3: VR Edition and Marvel Dimension of Heroes.It also ventured into self-publishing for Journey to Foundation, a sci-fi adventure based on the 'Foundation' novel series that launched in December 2023 for PS VR2, Meta Quest, and Pico.Archiact had over 100 employees at the beginning of the year. Those who remain at the company will be laid off when the studio closes in just two weeks time."Archiact's journey is coming to a close. On August 12, we informed the staff that the studio will close in two weeks,&…
Adam Boyes, longtime co-CEO of Iron Galaxy, has departed the Rumbleverse studio. Per the developer's website, he'll remain with the company until the end of the year. Chelsea Blasko will then take the reins as its sole CEO.Boyes joined Iron Galaxy in 2016 after stints at Starbreeze, PlayStation, and Capcom. He noted he stayed "twice as long" here than his earlier jobs, which speaks to "[Iron Galaxy's special culture and the outstanding people who work here.""I want to offer my sincerest thanks to the people who welcomed me to lead this company with them," he continued. "Dave Lang, thank you for trusting me to push the boundaries of what Iron Galaxy could accomplish. Chelsea, thank you for teaching me so much about building a strong culture.…
Over a full year ago, EA CEO Andrew Wilson revealed Star Wars Jedi: Survivor was making its way to PlayStation 4 and Xbox One. Now, the publisher has announced the game is arriving on last-gen on September 17 for $50.The game originally launched on PlayStation 5, PC, and Xbox Series X|S in April 2023. At the time of its last-gen announcement, Wilson suggested the move would benefit both the game and Star Wars as a video game property."I would love to see more in the Jedi franchise over time," he said last year. "It's one of the great beats in the Star Wars Galaxy this year. […] As we bring it to PlayStation 4 and Xbox One, we think there'll be another little bump there for the franchise."While Jedi Survivor isn't the only current-gen game to stick aroun…
The fallout of Guy "Dr. Disrespect" Beahm's ban from Twitch in 2020 is still being felt, as the streamer unveiled some new changes to combat sexual harassment on its platform.In a new blog post, Twitch underlined that sexual harassment "is never okay or acceptable" and clarified its policy in reflection of Beahm's actions so they'd be "easier to understand."Chiefly, the policy's language now prohibits "unwanted comments" about someone's body (like implied or sexually charged emojis), sexual advances or objectification, and negative statements related to a person's "perceived sexual behavior or activities."Likewise, recording or sharing nonconsensual images or videos is equally not tolerated, and Twitch warned s…
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