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GTA 6 Company Reveals Which One Of Its Franchises Lost "A Great Deal Of Money"
Take-Two Interactive CEO Strauss Zelnick stated that the company lost a significant amount of money on its MLB 2K series and is unlikely to re-enter the baseball video game market due to its small size. While the MLB franchise ended, Take-Two continues to develop successful sports titles like NBA 2K, PGA Tour 2K, and WWE 2K, and has recently released NFL 2K Playmakers.
The World Is In Such A Mess, Investors Actually Want Nintendo To Raise The Price Of The Switch 2
Nintendo investors are reportedly urging the company to raise the price of the Nintendo Switch 2 due to rising component costs and global trade pressures, which have led to a significant drop in Nintendo's share price. While some investors fear a price hike could hurt demand, others are concerned about the console being sold at a loss. Nintendo has previously indicated a price increase is possible but aims for long-term console success.
gamescom latam 2026 wraps up with record-breaking results
gamescom latam 2026 concluded with record-breaking attendance, attracting over 154,000 visitors and showcasing more than 400 games. The event also facilitated over 13,000 B2B meetings, projecting an estimated US$180 million in new business, solidifying its role as a key business platform for the Latin American games industry.
GameStop CEO Ryan Cohen Gives Bizarre New Interview on $56 Billion eBay Offer, Can't Say Exactly Where He'll Get All the Money From
GameStop CEO Ryan Cohen gave a peculiar interview regarding his $56 billion offer to acquire eBay. Cohen was unable to clearly explain the source of the funds for the proposed acquisition and appeared to misunderstand several questions.
Remedy reports "stable" Q1 performance despite decreases in revenue and operating profit
Remedy Entertainment reported a profitable first quarter despite a slight decrease in revenue and operating profit. The company's game portfolio remained stable, with sales and royalties boosted by Control, Alan Wake 2, and FBC: Firebreak. The upcoming title Control Resonant is on track for its 2026 launch, with marketing efforts underway.
How to get a corporate job in BitLife
This guide explains how to secure a corporate job in the mobile game BitLife. Players need to graduate high school, obtain a business-related university degree, and then search for positions labeled 'Corporate' in the full-time job list. Further steps are outlined for aspiring executives, including attending Business School and gaining work experience.
Ragnarok Online’s 30-Year IP Renewal Could Keep Prontera Alive Until Players Reach Senior Age
Gravity has secured a 30-year renewal for the Ragnarok Online intellectual property, extending its rights until at least 2056. This move ensures the continued development and longevity of the MMORPG franchise, which has been a flagship property for the company for over two decades. The renewal allows Gravity to pursue new projects within the Ragnarok universe without immediate concerns about license expiration.
Podcast: iicon, Gamescom Latam, and Roblox financials
This week's GamesIndustry.biz podcast covers the Brazilian development scene from GamesCom Latam and insights from the ESA's iicon conference. It also touches on Roblox's financial performance and ongoing user growth despite a share price slide, as well as Microsoft's hardware challenges.
Roblox Stock Nosedives After Company Says It Expects To Make $1 Billion Less This Year
Roblox's stock price dropped significantly after the company announced it expects to make approximately $1 billion less in revenue this year. This downward revision is attributed to slowed new user growth, impacted by recent age-check system changes and other "greater-than-expected headwinds." Despite these challenges, Roblox highlighted the long-term benefits of its safety enhancements and noted the recent launch of a native version on PlayStation 5.
GTA 6 launch has Take-Two's CEO a "billion" times more "scared" than any other game release
Take-Two Interactive CEO Strauss Zelnick expressed significant apprehension regarding the upcoming release of Grand Theft Auto 6, stating he feels "a billion times more scared" than for any other game. He believes that maintaining a sense of caution is crucial for survival in the entertainment industry.
Elder Scrolls Online director says his cancelled MMO was a "missed opportunity" for Bethesda and Xbox, but "a giant successful video game" isn't enough for Microsoft's higher-ups
Elder Scrolls Online director Matt Firor described his cancelled MMO, Project Blackbird, as a "missed opportunity" for Bethesda and Xbox, but understood Microsoft's decision to cancel it due to its large investment risk. Firor explained that while the game was in development for seven years, it wasn't in full production for that entire duration, and the cancellation was a business decision driven by the need for reliable, forecastable revenue streams.
Matt Firor laments Project Blackbird’s cancellation as ‘a number on a ledger’ to Microsoft
Former ZeniMax Online Studios president Matt Firor expressed his disappointment over Microsoft's cancellation of the MMO Project Blackbird, describing the decision as purely financial. He believes the game's cancellation was a loss for the entertainment industry, highlighting the cyclical nature of game development revenues for publicly traded companies.
Business and Finance
Epic Games, the maker of Fortnite, has laid off dozens of employees in the Bay Area. In other business news, Microsoft exceeded Q3 financial estimates with a 123% increase in its AI business, and Alphabet reported Q1 2026 revenue of $109.9 billion.
Spiders (Greedfall, Steelrising) Is Shutting Down Amidst Ongoing Nacon Troubles
Developer Spiders has announced its immediate liquidation, resulting in the loss of 70-90 jobs. The closure is attributed to financial difficulties faced by publisher Nacon and its parent company, BigBen Entertainment. Despite the studio's shutdown, the planned DLC for Greedfall: The Dying World is still set to be released by Nacon.
Vad hände med Starcraft?
The Starcraft series, once a defining title in real-time strategy and esports, has seen a significant decline. Factors contributing to this include controversies surrounding Starcraft II's launch, the rise of MOBAs like League of Legends and Dota 2, and a shift in Blizzard Entertainment's focus towards other projects and live service models. Despite efforts to revitalize the franchise with expansions and free-to-play models, Blizzard officially ceased content development for Starcraft II in 2020, leaving the series in limbo, though rumors of an FPS spin-off persist.
GALAX Shuts Down PC Business After 30 Years, Palit Takes Over | HappyGamer
GALAX has officially ceased its PC hardware business after 30 years, with Palit taking over operations. Palit, which shares a parent company with GALAX, will handle all warranty claims and RMAs for existing GALAX products. The move reflects broader consolidation trends in the GPU market due to rising manufacturing costs and intense competition.
“We’re a number on a ledger" - ex-Elder Scrolls Online studio head says Microsoft cancelling Project Blackbird was a "missed opportunity"
Former ZeniMax Online Studios head Matt Firor described Microsoft's cancellation of the unannounced MMO Project Blackbird as a "missed opportunity" for all parties involved. Firor, who resigned after the project's canning, explained that while he understood the business reasoning behind the decision, it was a "devastating blow" to the team who had invested heavily in building a new engine for the game.
Real Estate Simulator 2 is RELEASED NOW! 💰
Real Estate Simulator 2 has been released on PC via Steam, featuring a semi-open world where players can build a real estate empire without loading screens. The developers are offering a limited-time 20% launch discount and hosted a live gameplay stream on the Steam page.
Sinopsis The Devil Wears Prada 2, Miranda Priestly Kembali
The Devil Wears Prada 2 is set to premiere on May 29, 2026, twenty years after the original film. The sequel follows Andrea Sachs as she returns to help Miranda Priestly save the digital magazine Runway from a labor fraud scandal. The film reunites original cast members Meryl Streep, Anne Hathaway, Emily Blunt, and Stanley Tucci, with new additions including Lady Gaga and Donatella Versace.
Into the Black
SpaceX has tied Elon Musk's compensation to achieving the company's goal of Mars colonization. The article also mentions the passing of Steve Maslow, a three-time Oscar-winning sound editor.