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.
Doug Bowser has spoken out on alleged violations of labor rights and labor exploitation at Nintendo of America saying that he finds a number of points regarding these allegations "troubling" and stated that the company has begun to "review the content".
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 Game Bakers explained why Furi will not be updated on Xbox saying that the main reasons for that are a small development team and poor sales on the platform.
The company introduced a "Diversity Space Tool" designed to help developers ensure that there are no underrepresented characters in a game. The tool was soon widely criticized as its approach to the development of diversity looks too cynical and dehumanizing.
Phil Spencer commented on the news of Bethesda's decision to push the launches of Starfield and Redfall to the first half of 2023 saying that Xbox "will continue to work to better meet expectations". He shared that he fully supports the delay of both titles, but promised to listen to players' feedback.
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.
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