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Business

‘Red Dead Redemption 2’ Sales Hit $725M Over Three Days, Set Entertainment Record

Red Dead Redemption II

Red Dead Redemption 2 is galloping into the record books thanks to its three-day haul of $725 million, which represents the single-biggest sales weekend enjoyed by any brand in any medium in entertainment history. The Old West gunslinger epic was developed and published by Take-Two Interactive Software's Rockstar Games, which also holds the overall record for the biggest three-day sales bonanza in entertainment history: Grand Theft Auto V raced off with $1 billion over… Read

Business

‘Fortnite’ Maker Epic Games Raises $1.25 Billion In New Funding

Epic Games, the maker of top-selling videogame Fortnite, has raised $1.25 billion in new funding from investors including KKR, Iconiq Capital and Smash Ventures. Disney and Endeavor are among those with small stakes in Epic. Chinese conglomerate Tencent owns 40% of the company, which was valued by Bloomberg over the summer at between $5 billion and $8 billion. Fortnite has been a breakthrough for the gaming sector, drawing tens of millions of players through a… Read

Business

Oculus Co-Founder Brendan Iribe Leaving Facebook, Which Is Discontinuing Movie Rentals On The Rift – Update

Oculus Rift

UPDATED to add analysis and news of Facebook shutting down Oculus Rift movie store: Brendan Iribe, who co-founded Facebook’s VR unit Oculus in 2012, announced he is leaving the company. While Iribe’s Facebook post (read it below) on Monday doesn’t refer specifically to any of the recent turbulence hitting the parent company, his exit follows those of the founders of Facebook-owned Instagram, and WhatsApp co-founder Jan Koum in recent months. While still a colossus… Read

Film

Nathan Fillion Plays Nathan Drake In ‘Uncharted’ Fan Film

The film adaptation of Uncharted has been in development purgatory for some time now, but that hasn’t stopped Nathan Fillion from taking matters into his own hands. The Firefly alum collaborated with filmmaker Allan Ungar on a live-action fan film based on the popular video game series. Fans have said that Fillion would be the perfect person to play Nathan Drake because of their physical similarities and attitudes. By working with Ungar, it became a reality via a… Read

Business

UTA Steps Into Esports Arena, Buying Press X And Everyday Influencers

UTA is continuing its expansion, entering the realm of esports through the acquisition of sister companies Press X and Everyday Influencers. Press X is an esports talent and marketing agency, while Everyday Influencers is a management company representing streamers. With the acquisitions, UTA will launch an esports group which will include more than 90 esports athletes and streamers, including League of Legends stars Aphromoo and sOAZ. The roster also includes streamers… Read

Film

Elijah Wood Unveils Trailer For His VR Ubisoft Game ‘Transference’

“Have you ever dreamed of exploring someone else’s consciousness, exploring their deep dark thoughts?” Such were Elijah Wood’s pitch today at Ubisoft’s E3 presentation at the Orpheum Theatre in downtown L.A., where he revealed an extended look at the VR game Transference he’s been in production on over the last few years under his SpectreVision genre label. The psychological thriller first-person exploration VR game, which debuts this fall, puts players into the uploaded… Read

Film

Joseph Gordon-Levitt’s HitRECord Teams With Ubisoft, Starting With Video Game ‘Beyond Good And Evil 2’

Video game publisher Ubisoft and Joseph Gordon-Levitt’s creative collaborative platform HitRECord are partnering up and inviting the latter’s online community of artists to create assets for future video games, starting with Ubisoft’s multiplayer RPG title Beyond Good and Evil 2 Gordon-Levitt appeared onstage today at Los Angeles’ Orpheum Theatre with Beyond Good and Evil 2 senior producer Guillaume Brunier to invite artists of every type and skill to participate in… Read

Business

Bad Robot And Tencent Team To Launch Bad Robot Games

Bad Robot Games

Bad Robot and China giant Tencent are teaming to launch Bad Robot Games, with the plan for the new division be the exclusive game development vehicle for, and controlled and operated by, J.J. Abrams and Bad Robot. Warner Bros Interactive Entertainment has come on as a minority investor in the gaming arm, which will be run exec Dave Baronoff. Terms of the deal were not disclosed. Bad Robot Games will team with traditional game developers to create both large and… Read

breakingBusiness

‘Active Shooter’ Video Game That Allows Player To Be School Shooter Will Be Removed From Valve After Being Denounced

Active Shooter Video Game

UPDATED, 3:51 PM: Facing harsh criticism from families of mass shooting victims as well as an online petition and negative press reports, Valve, Inc. has decided to pull the Active Shooter video game from its online gaming store, Steam. It has also removed content from publisher ACID and its game developer. A spokesperson for the Valve, Inc, just issued this statement to Deadline: We have removed the developer Revived Games and publisher ACID from Steam. This developer… Read

breakingBusiness

Violent Video Games: Entertainment Software Assn., PTC Pile On Stats To Trump, Administration In D.C. Meeting

Donald Trump

It was a meeting that lasted about an hour in the White House today as a reps from both sides the issue met to discuss whether violent video games impact the behavior of children. The issue came to the table again following the Parkland, FL high school mass shooting where 17 people were murdered. Afterwards, President Trump questioned whether violent video games had some responsibility in mass shootings. Those who attended the meeting with Trump today described it as… Read

Business

Video Game Industry Reps Will Attend White House Meeting Over Game Violence After Trump’s Parkland Musings

After President Donald Trump mused that violent video games could have been a key factor in the school shooting in Parkland, FL, reps from the gaming industry will head to a meeting at the White House for a more detailed discussion. The exact lineup of attendees for Thursday’s meeting is not set, but it could include execs from major publishers and developers. The Entertainment Software Association confirmed a meeting today after saying last week it had not received an… Read

Film

Donald Trump Points Finger At Movies, Video Games During Gun Violence Meeting

Donald Trump

One week after 17 students and staff were killed at a high school in Florida by a former student with an AR-17, one day after students who survived that shooting and grieving parents came to the White House and begged him to ban semi-automatic weapons like that used by the gunman – and the same day the NRA came to preach its gospel to a conservative conference in the Washington area, President Donald Trump turned his talk to Hollywood. Addressing a gathering of politicos… Read