Business

Garena Lays Off Staff

Published

7 months ago

September 6, 2022

Anthony DiMoro

Games publisher Garena, who is behind titles such as Free Fire, has laid off staff from around the world, according to a report from Esports Insider, citing sources.

Per the report (citing sources) “the downsizing movement started in February 2022. Garena began attempting to reform streaming platform BOOYAH! to change its focus. As a result, this shift resulted in BOOYAH! team members being laid off.”

Esports Insider goes on to claim that they contacted Garena back in June to learn about the situation regarding BOOYAK!, and received the following response: “BOOYAH!’s team is focused on delivering new community-focused features and services while evolving our strategies to adapt to new trends in the gaming industry. Some new features will aim to improve how we engage our audiences, and may have some impact on our partnerships with some streamers.”

Garena also had to face challenges related to COVID-19 related to staff hires during the pandemic to handle the significant growth of the Free Fire audience, but as Brazil saw some stabilization from the pandemic, the user base dropped.

Garena provided Esports Insider with a statement regarding the layoffs: “In line with our previously stated focus on enhancing the long-term strength of our ecosystem, Garena is today making some adjustments to certain teams in order to optimise our global operations and better position us for opportunities ahead.

“This will unfortunately impact a number of roles, and we are committed to supporting affected teammates through this process.”

Business

Epic Games Store Hits $820 Million in Player Spending During 2022

Published

6 days ago

March 22, 2023

Anthony DiMoro

Epic Games has officially released financial data related to it’s growing marketplace on PC, showing that $820 million was spent on the Epic Games Store during the 2022 year, and promised support for third-party subscription services and new ‘content hubs’ to help companies promote their titles.

According to the data:

The numbers

Total users of Epic Games Store PC: 230 million (up 19% year-on-year)
Epic cross-platform accounts: 732 million
Daily active users peak: 34.3 million
Monthly active users: 68 million (up 10%)

Total spending, incl. Epic’s games: $820 million (down 2%)
Spending on third-party games: $355 million (up 18%)
Free games claimed: 700 million
Number of new PC releases: 626
Total library of PC games: 1,548 (up 68%)

Epic Games stated on it’s blog that more PC games launched during the 2022 year than in any year prior.

Fortnite, Grand Theft Auto 5, Rocket League, Genshin Impact, and Tiny Tina’s Wonderlands were among the most popular titles related to player engagement and player spending, and Epic Games looks to deepen their focus in 2023 as they aim to improve the store launcher’s performance.

Epic Games also aims to add support for subscription services from third-party publishers and live service products by the end of the 2023 year, adding that they are also working on ‘content hubs’ which will be separate from product pages and will enable publishers to “share information with users in a robust editorial format.”

Business

California Judge Dismisses Gamers Lawsuit Filed Against Microsoft

Published

6 days ago

March 22, 2023

Anthony DiMoro

A federal judge in San Francisco has ruled that the group of 10 plaintiffs “[lacked] allegations” in their lawsuit filed last year that claimed Microsoft’s ownerships of Activision Blizzard would harm consumers and competition in the video games market, according to a filing shared by Reuters.

While US District Judge Jacqueline Corley dismissed the case, she also gave the plaintiffs 20 days to refine their lawsuit and resubmit it, and the group’s lawyer, Joseph Saveri, said that there are plans to officially submit an amended lawsuit with “additional factual detail” that will address the judge’s concerns.

It marks a victory for Microsoft, but their battles are far from over as they still face a hearing over the Federal Trade Commission’s legal complaint, which is currently slated to take place in August of this year.

Microsoft and Activision Blizzard originally expected the transaction to be complete by June 30, 2023.

Business

Super Evil Megacorp Expanding Team for Netflix Project

Published

6 days ago

March 22, 2023

Anthony DiMoro

Catalyst Black developer Super Evil Megacorp has expanded their team following the announcement of their new partnership with content streaming platform Netflix, which include new additions from big name brands like Blizzard, Ubisoft, and Rockstar Games, according to MobileGamer.biz.

These are some of the appointments:

Tim Hume – lead gameplay tech engineer
JC Simbulan – lead animator
Steven Goodwin – senior technical engineer
Jurie Horneman – lead narrative engineer
Cassandre Beaumier – production director
Milo Casali – senior level designer

Netflix’s vice president and head of external games Leanne Loombe commented on the new title in the works for Netflix.

“It’s a big bet for us and we’re very much focused on creating an ecosystem around the streaming content and the game,” Loombe said. “It’s really a transmedia play for us in this brand new IP.”