Strauss Zelnick - Chairman and Chief Executive Officer © Take-Two Interactive Business Take-Two Postpones GTA 6 and Announces Huge Operational Loss Take-Two Interactive generated net revenues of over five billion Dollars in fiscal 2024, but still posted a loss of 3.74 billion Dollars. Grand Theft Auto 6 has been delayed until fall 2025. CEO Strauss Zelnick said that Roll7 and Intercept Games have not been closed. Grand Theft Auto 6 By Marcel Kleffmann • 3 min read
First 55 partners for Summer Game Fest 2024. © SGF/TGA Business First 55 Partners Confirmed for Summer Game Fest 2024 The organisers of this year's Summer Game Fest event series have announced the first 55 partners. Deep Silver and Plaion are on board from the GSA side. Nintendo is missing from the big names. Summer Game Fest is fast approaching. The first 55 partners to take part in By Marcel Kleffmann • 1 min read
Federal Minister for Family Affairs, Senior Citizens, Women and Youth Lisa Paus Photo. © Laurence Chaperon Business Ten to Fourteen-Year-Olds and Their Parents Need More Media Literacy Social media and games are very popular among ten to fourteen-year-olds, but they face many risks. Their parents are not always helpful when it comes to dealing with these risks. From the children's point of view, parents need more knowledge, commitment and empathy to support them competently and By Marcel Kleffmann • 2 min read
Ubisoft CEO Yves Guillemot. © GamesMarkt, Marcel Kleffmann Business Strategic Refocus, Record Net Bookings, a Thriving Back-Catalogue and 1,700 Job Cuts at Ubisoft Ubisoft reports record net bookings of over 2.3 billion Euros last fiscal year. More than 1,700 jobs have been cut over the last 18 months. The Heartland Division has been cancelled. The company believes it is well positioned for the future and is increasing its focus on open-world By Marcel Kleffmann • 5 min read
Assassin's Creed Shadows to be released on 15 November 2024. © Ubisoft Publishing Assassin's Creed Shadows to be Released on 15 November 2024 Following the launch of Star Wars Outlaws at the end of August, Ubisoft will be releasing Assassin's Creed Shadows this year as well. Set in Japan, the AAA game is scheduled for release on 15 November 2024 and is designed from the ground up for the current generation By Marcel Kleffmann • 3 min read
Markus Oeller, co-founder and co-CEO of 1SP Agency. © Sven Jakobsen Business MSM.digital Implements MR Concept for Meta and Lufthansa Meta Business Partner MSM.digital has developed a concept for Lufthansa's in-flight entertainment. The programme is based on the Quest 3 Mixed Reality headset and offers passengers a new type of in-flight entertainment experience as part of a six-month test phase on selected flights. The project is a By Marcel Kleffmann • 1 min read
The three co-founders of Second Stage from left to right: Matthias Mirlach, Christian Szymanski, and Egemen Arslan. © Second Stage Business Mirlach, Szymanski and Arslan set up Marketing Agency Second Stage Matthias Mirlach, Christian Szymanski and Egemen Arslan have founded Second Stage, a new marketing agency offering marketing intelligence solutions for games companies and the gaming market. A self-service advertising platform is also in development. The newly formed marketing agency Second Stage is explicitly targeting publishers, developers, agencies and brands with By Marcel Kleffmann • 2 min read
Jake Solomon, CEO and Creative Director © Midsummer Studios Business Midsummer Studios Established After two decades at Firaxis, Jake Solomon and Will Miller have founded Midsummer Studios. They are joined by co-founder Nelsie Birch and former Maxis director Grant Rodiek. The team plans to revitalise the life sim genre. The company has already raised six million dollars from investors. A team of veteran By Marcel Kleffmann • 2 min read
Prime Video has ordered a Tomb Raider series with Phoebe Waller-Bridge (Fleabag) set to write and executive produce. © Crystal Dynamics Business Crystal Dynamics Partners with MGM Studios to Develop Tomb Raider Stories in Streaming and Film In addition to the new Tomb Raider game, Crystal Dynamics is partnering with Amazon MGM Studios to develop Tomb Raider stories for streaming and film. Phoebe Waller-Bridge will write the script. The Embracer Group, through its wholly owned subsidiary Crystal Dynamics, has entered into a partnership with Amazon MGM Studios By Marcel Kleffmann • 2 min read
Travel Mode visualisation. © Meta Business Travel Mode for Meta Quest and Partnership with Lufthansa The Travel Mode for Meta Quest 2 and 3 will be released in summer 2024. In collaboration with Lufthansa, Meta has also announced a Mixed Reality variant for selected Lufthansa Allegris Business Class Suite flights. Mark Zuckerberg has announced a Travel Mode for Meta Quest 2 and 3. In this By Marcel Kleffmann • 1 min read
SpielFabrique seeks Bridge partners. © SpielFabrique Development SpielFabrique Seeks Bridge Partners Bridge by SpielFabrique is a programme to promote matchmaking and collaboration between game studios in Africa and Europe. European studios interested in participating are still being sought. The Coproduction Market programme "Match" by SpielFabrique is getting bigger this year, in particular by the inclusion of more countries for By Marcel Kleffmann • 1 min read
The Game & Network Services division's results. © Sony Group Corporation Business Nearly 60 Million PlayStation 5 Consoles Shipped, Third-Party Games Continue to Drive Sales Sony shipped 20.8 million PS5 consoles and sold 286.4 million games last fiscal year, but only 13.9 per cent were first-party titles. Hardware sales are expected to decline this year, but sales of third-party games will continue to grow. The PlayStation division accounts for 33 per cent By Marcel Kleffmann • 3 min read
