Financial and corporate strategy news, including Tencent's US investments and Paramount's acquisition of Warner Bros.
Shift Up—the South Korean studio behind Stellar Blade and GODDESS OF VICTORY: NIKKE—has acquired Unbound, the Tokyo-based new studio founded by Resident Evil creator Shinji Mikami. It’s a major power move: Shift Up says the deal strengthens its global PC and console publishing ambitions, while…
A Delaware Chancery Court judge has ordered Krafton to reinstate Unknown Worlds Entertainment CEO Ted Gill after ruling the publisher breached its acquisition agreement by firing key studio leaders “without valid cause” and seizing operational control of Subnautica 2. The decision doesn’t just put…
Capcom is riding a monster wave right now—and Saudi Arabia just paddled in behind it. Resident Evil Requiem has blasted past 6 million copies sold in just 17 days, becoming the fastest-selling Resident Evil ever, and a Saudi-backed investment arm has now snapped up another ~5% stake in Capcom,…
Microsoft CEO Satya Nadella has reaffirmed that the company will “always” invest in video games, following a major leadership change at Xbox that saw Phil Spencer and Sarah Bond depart and Asha Sharma step into the top role. The comments, delivered during an internal Q&A alongside Sharma (as…
