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GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
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GTA 6, Nintendo Switch 2 Will Boost Consoles to Power Video Game Market Growth Until 2027, Research Says
The power of major console releases such as Sony's "Spider-Man" and "God of War" is driving players to spend more time on their consoles, Emmanuel Rosier, director of market analysis at Newzoo, told Reuters.
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Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
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Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
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Striking U.S. Video Game Actors Say AI Threatens Their Jobs
The decision to strike follows months of negotiations with major videogame companies including Activision Productions, Electronic Arts, Epic Games, Take-Two Interactive, Disney Character Voices and Warner Bros Discovery's WB Games.
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Teens' Junk Food Consumption Spikes After Watching Gaming App Ads - New Study Reveals
Digital marketing of unhealthy foods to young people is promoting an increase in the purchase and consumption of junk food by adolescents, according to new research.
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Lara Croft Voted Most Iconic Video Game Character Ever
Lara Croft is the lead character of the Tomb Raider franchise, and debuted in 1996.
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Sony to Cut 900 Jobs at PlayStation, Shut London Studio; Naughty Dog, Insomniac Hit With Layoffs
Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
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Ubisoft Says It’s Probing a Possible ‘Data Security Incident’
Ubisoft has launched an internal investigation in the alleged data security incident.
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'Fortnite' Maker Epic Games To Lay Off Around 16% Of Staff: Report
"Fortnite" maker Epic Games is laying off about 900 employees, or 16% of its staff, Bloomberg News reported on Thursday.
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GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
-
GTA 6, Nintendo Switch 2 Will Boost Consoles to Power Video Game Market Growth Until 2027, Research Says
The power of major console releases such as Sony's "Spider-Man" and "God of War" is driving players to spend more time on their consoles, Emmanuel Rosier, director of market analysis at Newzoo, told Reuters.
-
Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
-
Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
-
Striking U.S. Video Game Actors Say AI Threatens Their Jobs
The decision to strike follows months of negotiations with major videogame companies including Activision Productions, Electronic Arts, Epic Games, Take-Two Interactive, Disney Character Voices and Warner Bros Discovery's WB Games.
-
Teens' Junk Food Consumption Spikes After Watching Gaming App Ads - New Study Reveals
Digital marketing of unhealthy foods to young people is promoting an increase in the purchase and consumption of junk food by adolescents, according to new research.
-
Lara Croft Voted Most Iconic Video Game Character Ever
Lara Croft is the lead character of the Tomb Raider franchise, and debuted in 1996.
-
Sony to Cut 900 Jobs at PlayStation, Shut London Studio; Naughty Dog, Insomniac Hit With Layoffs
Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
-
Ubisoft Says It’s Probing a Possible ‘Data Security Incident’
Ubisoft has launched an internal investigation in the alleged data security incident.
-
'Fortnite' Maker Epic Games To Lay Off Around 16% Of Staff: Report
"Fortnite" maker Epic Games is laying off about 900 employees, or 16% of its staff, Bloomberg News reported on Thursday.
