Dutch co-development studio Paladin Studios has closed its doors after 19 years.The company shared the news on its website and explained it failed to launch enough work to cover its burn-rate over the past few months.Paladin was established in 2005 and worked on a litany of console, PC, and mobile projects including Cut The Rope Remastered, My Tamagotchi Forever, Amazing Katamari Damacy, and Galaga Wars.The closure means the 45 people currently employed at the studio will be laid off. "For almost 19 years, we have poured our hearts and souls into creating games that make you smile. Starting as a bootstrapped mini studio in 2005, we followed the twists and turns of the game industry and slowly but steadily found our place in it," wrote the studio."Over these years, the studio peaked at 55 people. As of this writing we were 45 people, each and every one of them a brilliant mind and kind heart, and together they truly created magic."The studio claimed its titles have been played by million of people, but said it has "hit an inflection point for our financial security" and that pushing ahead with the current outlook would likely have resulted in insolvency."We have therefore taken this step to ensure a proper winding down, where all employees are given proper severance and the studio remains debt-free," it added. "Our existing games will stay alive, and we intend to keep providing (technical) support for them in the future."
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AppMagic, a service used to determine the market for mobile apps and games, has raised $3 million in a new round of seed funding.The bulk of it ($2.5 million) comes from Gem Capital, a Cyprus-based company that's previously aided developers like Mundfish and Sad Cat Studios. With the funding, AppMagic plans to build out staff for international territories.Per the press release, that expansion will involve dedicated teams recognizing the "specific sales approaches" for the US, China, Korea, and Japan.Gem managing director Kirill Guskiy explained the firm was impressed with AppMagic growing into "the third-largest mobile marketing intelligence tool" by client numbers. The funding was also spurred by fellow analyst tool Data.ai being acquired by Sensor Tower in March.…
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Dying Light developer Techland is adopting a new work model wherein staff will either work in-office or split their time between that and remote work.As confirmed by GamesIndustry, a spokesperson for the developer said the change would "create a more collaborative work environment." Sources speaking to Polish site CD Action claim team leadership was informed of the change 24 hours before they had to tell their employees.Studios enacted remote work in the early days of the COVID-19 pandemic. Over time, many opted to have staff come back to the office, either full-time (often to staff's dismay) or with similar hybrid policies.The return-to-office mandate was particularly tough on developers who moved to less expensive cities during the remote period, and disabled staff who fou…
Atari-owned publishing label Infogrames has acquired the Surgeon Simulator franchise from Tinybuild.Surgeon Simulator is over a decade old, having debuted with the release of the original title in 2013. Since then, the franchise has expanded with a VR spin-off called Surgeon Simulator VR: Meet the Medic. It also ventured onto Switch in the form of Surgeon Simulator CPR, before a full-blown sequel, Surgeon Simulator 2: Access All Areas, was released in 2020.Infogrames hopes to expand distribution, potentially develop new titles or content, and explore brand and merchandising collaborations as part of a long-term plan to "preserve and expand" the series. The company didn't disclose how much it paid for the franchise.
ถือเป็นเกมที่ผู้เล่นสายเรโทรและแฟนเกมสาย JRPG รอกันมานานมากเลยครับสำหรับ Dragon Quest III HD-2D Remake ซึ่งระยะเวลาที่ผ่านมาก็ห่างหายไปพัฒนายาวๆ จนกระทั่งกลับมาพร้อมกับการประกาศไตรภาคเพิ่มเติมด้วย โดยล่าสุดวันนี้เองทาง Square Enix ก็มีข่าวดีมาฝากเพื่อนๆ ต้อนรับงาน Tokyo Game Show 2024 ที่จะเป็นการโชว์ตั�…
ถือเป็นเกมที่ผู้เล่นสายเรโทรและแฟนเกมสาย JRPG รอกันมานานมากเลยครับสำหรับ Dragon Quest III HD-2D Remake ซึ่งระยะเวลาที่ผ่านมาก็ห่างหายไปพัฒนายาวๆ จนกระทั่งกลับมาพร้อมกับการประกาศไตรภาคเพิ่มเติมด้วย โดยล่าสุดวันนี้เองทาง Square Enix ก็มีข่าวดีมาฝากเพื่อนๆ ต้อนรับงาน Tokyo Game Show 2024 ที่จะเป็นการโชว์ตั�…
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Swedish video game trade association, Dataspelsbranschen, has selected 15 titles it believes should be added to the country's "cultural canon" to improve recognition of the artform.The list includes classic and contemporary titles such as Stugan, BackPacker, Ground Control, Minecraft, Amnesia: The Dark Descent, It Takes Two, and Sayonara Wild Hearts.It was curated by a panel of expert historians, industry leaders, and academics following hundreds of nominations from the general public. Dataspelsbranschen has released the list after Sweden's minister for culture Parisa Liljestrand laid out plans to develop an official culture canon.Although Liljestrand didn't specific which artforms would be included in that canon, Dataspelsbranschen began developing one for video g…
While Netflix is still figuring out where it stands in the games space, the streamer thinks it's sorted out most of its growing pains and knows what to do next.Talking to the Washington Post, external games VP Leanne Loombe spoke about how the company's video game umbrella will keep its eye on mobile titles, at least for now. According to her, Netflix's 270 million subscribers are a fan of quick-hit "snackable" phone games.As such, it's looking at being a home for smaller studios with mobile expertise, but don't want to be locked to free-to-play games. Getting a mobile foothold is "definitely first" in what Loombe said would be a "phased approach" toward expanding Netflix Games' reach.Visibility has one of the service's large…
ในทุกๆ เจ็นเนอเรชันของการทำตลาดคอนโซลด้วยสินค้า PlayStation ของ Sony แน่นอนว่าสิ่งที่เป็นหัวใจหลักมาตลอดก็คือไลน์อัปแฟรนไชส์เกมเอ็กคลูซีฟที่แข็งแกร่ง โดยเฉพาะอย่างยิ่งในยุคของ PS3 – PS4 ที่เป็นการปั้นเกมแม่เหล็กใหม่หลายเกมทั้ง The Last of Us, Uncharted หรือ Horizon แต่ที่แฟนเกมชื่นชอบมากที่สุดคงหนีไม่พ้น Bloodborne …
Embracer has secured a new €600 million revolving credit facility with a two-year tenor.The Swedish conglomerate has an option to extend its new credit line for an additional year and claims it will help reduce interest expenses through "improved terms and a reduced financial leverage."The new facility will replace Embracer's remaining SEK 4.8 billion (€420 million) revolving credit facility, which matures in May 2025."Thanks to the significant measures taken throughout the current calendar year, we have strengthened our financial structure and responsibly reduced our financial leverage," said Embracer CEO Lars Wingefors. "This step is part of our transition to becoming a leaner and more focused company."
Recent Posts
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Recent Posts
- AppMagic secures $3 million investment to put into international sales teams
- แฟนเกม Genshin Impact บรรเลงเพลง โต๊ะริม (Melt) ของ นนท์ ธนนท์ ด้วย Windsong Lyre
- Techland is taking most of its staff to on-site and hybrid work models
- Atari acquires Surgeon Simulator franchise through Infogrames label
- Dragon Quest III HD-2D Remake ประกาศเข้าสู่สถานะ Gone Gold_1