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Latest Video Games News

Business

Activision Blizzard Laying Off 8% Of Workforce In Restructuring, Boosting Developer Ranks By 20% In 2019

Videogame publisher Activision Blizzard said it is laying off several hundred workers — about 8% of its total workforce of 9,600 — in a restructuring that will also boost the number of game developers by 20% during 2019. Shares in the Santa Monica-based maker of Call of Duty gained 4% in after-hours trading following the news, which came as the company announced a mixed bag of quarterly and full-year results. Adjusted earnings per share of 90 cents in the fourth quarter… Read

Awardsline

VFX Supervisor Roger Guyett On The Thousands Of Character Models Crafted For ‘Ready Player One’

Between Saving Private Ryan and Ready Player One—the critically acclaimed adaptation of Ernest Cline's 2011 novel—VFX supervisor Roger Guyett has been along for the ride on two of the most demanding projects of Steven Spielberg's career. An entirely different animal than the former picture—a 1998 war drama which won five OscarsReady Player Onewas "a really complicated movie to make." Containing close to 1500 digital effects shots, the film was crafted through a… Read

exclusiveFilm

F. Gary Gray’s Fenix Studios Options ‘Echo’ Video Game For Movie, To Be Penned By ‘John Wick’s Derek Kolstad

Echo Fenix Studios

EXCLUSIVE: F. Gary Gray's Fenix Studios has optioned rights to Echo, the third-person sci-fi video game, with the Straight Outta Compton and Men In Black: International helmer planning to turn it into a feature film. John Wick creator-writer Derek Kolstad is aboard to adapt the screenplay. Gray will produce (not direct) the movie as part of Fenix Studios’ production and development deal with Starlight Culture Entertainment Group. Fenix will produce alongside… Read

breakingBusiness

‘Fortnite’ Rakes In A Record $2.4 Billion

Fortnite, already a pop culture phenomenon, just achieved a business milestone. The free-to-play title generated the most annual revenue of any game in history, raking in $2.4 billion in 2018, according to estimates from Nielsen’s SuperData. The firm said Fortnite’s multi-platform release on PC, console and mobile allowed it to reach a massive audience. Publisher Epic Games kept the momentum going by regularly updated the game with new modes, weapons and… Read

Business

Amazon Developing Game Streaming Service: Report

Amazon is developing a streaming service for video games, a development that could well signal the beginning of the end of game consoles. The streaming service would eliminate the need for gamers to purchase expensive video game consoles or high-end computers to run titles. Instead, the games would run on powerful computers housed in data centers, allowing them to be played on devices with much less computing muscle, such a smartphone or tablets. The Information first… Read

Business

‘Ninja’ Is Top Twitch Streamer, More Than Doubling Nearest Competitors

Tyler “Ninja” Blevins wracked up 226.85 million streams via Twitch this year, more than doubling his nearest competitor and aggregating more views than the second and third-place finishers combined. TEO Analytics and esportsobserver calculated the total viewing hours across the top ten Twitch channels for the entire year. Ninja set new viewership and subscription records, and also recorded more views than the top three channels from last year combined. Blevins is part of… Read

breakingAwardsline

Ninja Takes Home Three Honors In Gamers Choice Awards On CBS

Winners of the first Gamers' Choice Awards were announced today on a CBS broadcast, led by gamer Ninja copping three honors. KISS kicked off the show with an homage to the creative genius of comics creator Stan Lee, who is credited with laying the foundation for many games and gaming characters. The top gamers and esports stars were in attendance, including Ninja, who brought home three Gamers' Choice Awards, taking home honors for Fan Favorite Esports Player of the Year… Read

breakingBusiness

‘Madden NFL 19’ Video Game Removes Former Chiefs Back Kareem Hunt

Chiefs Broncos

First he was suspended by the National Football League. Then he was dismissed by his team, the Kansas City Chiefs. Now, running back Kareem Hunt may have suffered the unkindest cut of all – he’s been removed from Madden NFL ’19 by EA Sports. The video game company told CNN via email that Hunt will be removed from copies of the video game and replaced by a generic player with the same ratings and attributes. "The updates have fully gone through now, so Hunt has been… Read

exclusiveBusiness

WarnerMedia-Owned Machinima To Become Part Of AT&T’s Otter Media

Machinima

EXCLUSIVE: WarnerMedia-owned Machinima is expected to become part of Otter Media early next year, as AT&T looks to align its related digital assets, sources tell Deadline. Machinima will retain its brand and online presence, sources say, though Otter will steer business operations and look to apply its expertise in content delivery and audience targeting to grow the gamer lifestyle brand. Negotiations have been going on for months and some elements have yet to formalized… Read

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