Fragbite has divested Playdigious to venture fund Griffin Gaming Partners for $12.2 million (€10.5 million). As part of the deal, gaming and esports firm Fragbite Group has obtained 90% of net revenue generated from PC games like Fretless – The Wrath of Riffson under its publishing business, Playdigious Originals. Playdigious is mainly known for being … Read more
Roblox has launched its first Parent Council. Spearheaded by its new head of parental advocacy, Dr. Elizabeth Milovidov, the firm said the initiative will bring together up to 40 parents and caregivers from across the UK, the U.S, Europe, Canada, and Mexico to “play an active role in shaping how families use technology safely, responsibly, … Read more
The Royal Bank of Scotland has unveiled plans to launch IP-backed loans aimed at “high growth businesses” in Scotland. These loans will allow companies to “access vital funding using the value of their intellectual property as collateral, instead of traditional physical assets.” The RBS is expected to start offering IP-backed loans in Scotland in 2026. … Read more
The Outsiders founder and creative director of Metal Hellsinger, David Goldfarb, has confirmed his studio has been shuttered by parent company, Funcom. In a statement posted to Bluesky, Goldfarb wrote: “I have not had much time to process the news but all of us at The Outsiders and Funcom Stockholm have been affected by the … Read more
Developer Vedinad has announced that the quirkily titled Megabonk has sold more than a million on Steam, proving that there’s still a healthy appetite for rogue-like survival games in the mould of Vampire Survivors. Vedinad announced the news on X, saying that the milestone was achieved in two weeks. According to Video Game Insights (VGI), … Read more
Microsoft says it “understand[s] price increases are never fun for anybody” following its decision to raise the prices of Xbox Game Pass tiers. Speaking to The Verge, Microsoft director of gaming and platform communications Dustin Blackwell said that it is “trying to reinforce” its offerings by “adding more value to these plans” alongside the price … Read more
Epic Games has launched its Epic Web Shops service for PC and mobile. Available through the firm’s self-publishing tools, the service will enable developers to sell in-game content using its “global distribution network and scaled ecommerce platform” via a direct-to-consumer storefront. Developers using the service will keep 100% of their first $1 million in net … Read more
The UK Best Places to Work Awards 2025 took place at the Royal Institution in London on October 2, with special awards going to Behaviour Interactive, NaturalMotion, Observer Interactive, Maverick Games, Rare, and Wushu Studios. The awards ceremony took place after the GamesIndustry.biz HR Summit, which was attended by 141 representatives from 60 companies, including … Read more
Being a publicly listed company is generally not a good fit for games businesses. That’s blunt, and it may sound a little harsh or unnuanced, but it’s not just me saying it. This was the widespread sentiment that I probably found most surprising when I first started out as a business reporter in this sector … Read more
Although Japanese games are finding increasing presence in the global gaming marketplace, something felt off when visiting Makuhari Messe for this year’s Tokyo Game Show (TGS). Many of the big companies in Japanese console and PC gaming held relatively light showcases, limited to already released titles or games set to release within the coming weeks … Read more