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In the latest financial report, Take-Two Interactive revealed that its full-year revenue grew by 4% reaching $3.5 billion, although its net income saw a decrease of 29% and amounted to $418.0 million. The company also updated its release schedule promising six major titles to be launched by the spring of 2023.

The Finnish studio released its quarterly report revealing that the company's revenues increased by 56.9% reaching €12.6 million. Remedy attributes this growth to the increase in development fees.

The latest data from The NPD Groups reveals that Nintendo Switch has outsold PlayStation 4 becoming the fourth highest-selling console in US history. It now trails only PlayStation 2, Xbox 360, and Wii.

The analysts published the top 10 public companies by gaming revenue for 2021 saying that their revenues account for 65% of the global gaming market. Tencent took the No.1 spot generating $32.2 billion during the year.

The new data revealed by UK trade body TIGA shows that the workforce in the UK games development industry increased 25% to over 20,000 full-time employees by December 2021, while the games industry's annual contribution to the UK's GDP reached £2.9 billion.

Ubisoft CEO Yves Guillemot addressed the rumors regarding the possible takeover of the company reiterating the company's intention to remain independent. 

The company shared its financial results for the fiscal year 2022 revealing that its net bookings reached a record-high $7.5 billion. Most of its sales were represented by the live service segment.

The company's net sales for the year saw 15.5% year-on-year growth reaching $856.2 million, its operating income also increased significantly amounting to $333.7 million (up 24% from the previous year).

The company's employees can now choose where to work from.