Warner Bros Discovery has taken “another $100+ million impairment” due to the “underperforming” MultiVersus. In its latest financial call, as reported by VGC, CEO David Zaslav told investors its games business was “substantially underperforming its potential” despite “four strong and profitable game franchises with loyal, global fans”: Hogwarts Legacy, Mortal Kombat, Game of Thrones and … Read more
Alongside its quarterly earnings report, Unity has confirmed the appointment of Jarrod Yahes as its new chief financial officer. Yahes is fresh to Unity from his CFO position at Shutterstock, where for the past five years he has helped “drive the company’s portfolio expansion into 3D content, data monetisation, and digital advertising.” Before Shutterstock, Yahes … Read more
Unity has released its financial results for the three months ending September 30, 2024, stating its third quarter results “exceeded guidance.” For the fourth quarter, Unity is guiding revenue for its strategic portfolio to $422 to $427 million, and adjusted EBITDA to $79 to $84 million for the total company. Full year guidance has also … Read more
Bong Joon-ho’s (of Parasite> fame) next movie, an adaptation of Edward Ashton’s sci-fi novel Mickey 7 (yes, not Mickey 17), was shot in 2022, yet we’re still waiting to see it. Now, it’s been hit with yet another delay and has been moved to spring 2025. After the first-ever trailer arrived in September, online buzz … Read more
It’s been fairly smooth sailing in the world of Diablo 4 pretty much since the game’s Vessel of Hatred expansion got released. The add-on arrived alongside the start of Season 6, Season of Hatred Risinghttps://www.vg247.com/diablo-4-season-of-hatred-rising-realmwalkers-seething-realm, and though both had (and still do have) many bugs, Blizzard released a number of patches to address some of … Read more
It feels like MultiVersus just can’t find the right formula. After originally arriving in 2022 and then being stripped away in 2023 ahead of a relaunch, it finally emerged again in May of this year… aaand, it’s apparently not doing very well. This is according to Warner Bros. Discovery CFO Gunnar Wiedenfels, who singled out … Read more
FromSoftware’s parent company, Kadokawa Corporation, is “developing a structure” to “expand the scope” of in-house publishing for console and PC games. In its latest financial report, the company also said it hopes to “maximise the lifetime value” of games like Elden Ring with DLC and “repeat” sales. It’s unclear if this drive will result in … Read more
It feels like MultiVersus just can’t find the right formula. After originally arriving in 2022 and then being stripped away in 2023 ahead of a relaunch, it finally emerged again in May of this year… aaand, it’s apparently not doing very well. This is according to Warner Bros. Discovery CFO Gunnar Wiedenfels, who singled out … Read more
A TV series based upon BioWare’s Mass Effect franchise has been greenlit by Amazon. Fast and Furious 9 writer Daniel Casey is set to write and executive produce the Amazon MGM Studios production, with Karim Zreik also producing via Cedar Tree Productions. The EP team is rounded out by Ari Arad and EA’s Michael Gamble. … Read more
You can chill out for now, as Take-Two’s latest earnings call has brought a statement that GTA 6 – this little game you might have heard of – is currently on track to make its previously announced release window of fall 2025. Yep, while there’s still seemigly the possibility of a delay happening/being revealed further … Read more
