Falls in Sega’s FY2025 revenue cushioned by “strong” performance in game and entertainment division

Sega Sammy has published its results for the financial year ending March 31, 2025. Despite an overall 8.5% drop in net sales and a 16.8% fall in operating income, ordinary income from its entertainment contents, which includes its video games division, was up from ¥30.8bn in 2024 to ¥41.8bn. The company attributes the hike to … Read more

Warner Bros games revenue drops 48% in Q1 2025

Warner Bros has published its financial results for the three months ended March 31, 2025, reporting a 48% decrease in games revenue during its first quarter. The firm does not provide detailed figures for its games revenue (which is part of its Studios segment). Though it attributed the decline to last year’s Suicide Squad: Kill … Read more

US trade organization warns video game consoles could cost US players 69% more under current Trump tariff proposals

The Consumer Technology Association (CTA) has updated a January 2025 report estimating the cost of importing tech goods to the US could rise anywhere between 24% to 69.4%, with the latter figure expected for video game consoles if the Trump administration’s tariffs progress as planned. As spotted by Tom’s Hardware, the report, written by the … Read more

Sumo Group announces leadership changes, co-founders step down

Sumo Group has announced the departure of its co-founders CEO Carl Cavers, COO Paul Porter, and director of excellence and integration Darren Mills. Cavers, Porter, Mills, and James North-Hearn founded Sumo Digital in 2003. All four were part of Infogrames Studio’s management team, which closed its doors that same year. “Stepping away from something we’ve … Read more

US appeal court throws out FTC’s challenge against Microsoft’s $68.7bn acquisition of Activision Blizzard

A US court has denied the United States government’s Federal Trade Commission (FTC) appeal against the decision to allow Microsoft to acquire Activision Blizzard. As reported by Bloomberg, the 9th Circuit US Court of Appeals once again sided with Microsoft and ruled in favor of Judge Jacqueline Scott Corley’s decision to deny FTC’s request to … Read more

Next Page