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Mighty Kingdom announces staff layoffs to reduce costs

Mighty Kingdom has announced a major staff overhaul in an effort to reduce business costs.

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Bandai Namco reports 55% rise in game sales, despite economic downturn

Bandai Namco has reported major year-on-year growth for the first quarter of its Q1 2023 financials.

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Square Enix reportedly looking to improve its 'capital efficiency'

Square Enix is reportedly looking to sell major stakes in its studios to focus on diversifying its capital.

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EA says single player games are 'really, really important' after controversy

Andrew Wilson, CEO of EA has enthused about single player games in a recent earnings call.

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Nintendo reports sales drop as economic downturn continues

Nintendo has reported a minor sales drop in hardware and software as coronavirus continues to play havoc on the economy.

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Activision Blizzard reports sales decline, employee boost in Q2 earnings

Activision Blizzard has reported a sales decline for Q2 2022, but planned growth may right the ship.

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Sony reduces income forecast after rocky Q1 performance

Sony has revised its operating income forecast for the future as expenses grow, and profits drop.

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Saudi Arabia is now the fifth largest Nintendo shareholder

Saudi Arabia has purchased 5.01% of Nintendo as the country's Public Investment Fund (PIF) continues to invest in video game…

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Square Enix is already looking to establish new studios

Square Enix has revealed plans to establish new studios through mergers and acquisitions in its latest financial report.

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Capcom announces new game releases, 5th year of record profits

Capcom has once again announced record profits, thanks to Resident Evil Village and other major successes.

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