Warner Bros’ games revenue has declined 41% year-on-year, the company announced as part of its financial report for its Q2 2024, which is the three months ended June 30. The company doesn’t provide detailed figures within its Studios segment (which also encompasses TV and film), but said the decrease in games revenue was due to…

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Bandai Namco has published its first quarter financial results, and has recorded a significant increase in both its net sales and profits. For the three months ended June 30, 2024, net sales increased by 24.8% year-over-year to ¥280 billion ($1.9 billion), while profit rose by 56.3% to ¥34 billion ($233 million). The publisher saw a…

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Meta has reportedly shut down developer Ready at Dawn. That’s according to Android Central, who had access to an internal memo sent to employees by VP of Oculus Studios Gio Hunt yesterday, reportedly saying that Ready at Dawn was closing effective immediately. A spokesperson told the publication that the closure wasn’t to “save money” but…

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Tollan Universe developer Foretold Studios is reportedly struggling to pay its staff. According to a report by Game Developer, the problems date back to at least last September, with current and former staff accusing CEO Michael Kuvshynov of failing to communicate transparently with staff about alleged cashflow issues, and actively recruiting new hires whilst owing…

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