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Saudi Investment Fund Cut Stake In Nintendo By 1%
The Saudi investment fund now owns a 7.54% stake in Nintendo.
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Ubisoft Shares Dump Again. Minority Shareholder Call For Strategic And Structural Changes—Including Taking Ubisoft Private
Ubisoft shares have lost over 40% of their value in the last 12 months (and far more if you look six years backward).
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Take-Two Said Canceled Games Weren’t “Core Franchise”
The new list of upcoming games in Take-Two’s Thursday, May 16, 2024, earnings report had 12 fewer games than the last time the company published the list.
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Take-Two Boss Denies Closing Roll7 And Intercept Games
Take-Two CEO Strauss Zelnick denied any plans to shut down the studios in a recent interview with IGN.
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GTA VI Release Window, GTA 5 Sales, And Other Details From Take-Two Interactive Earnings Report
From GTA VI release window to GTA 5 sales record, and other games in development, there was so much to glean from the document.
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PS5 Sold Five Times More Than Xbox Series X|S In Q1
According to Niko Partners, Sony shipped five times more PS5 consoles compared to Xbox Series X|S in the first three months of 2024.
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Take-Two Interactive Reportedly Shutting Down Roll7 And Intercept Games
Multiple sources have disclosed that Take-Two Interactive is planning to shut down London-based Roll7 and Intercept Games.
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Bloober Team Is “Very Confident” With Silent Hill 2 Remake, Working On Several New Projects
Bloober Team recently released its annual report where it talked about Silent Hill 2 and other aunannounced projects they are working on
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Embracer Groups Is Breaking Into 3 Independent Publicly Listed Entities
Embracer Group announced a “transformative step” today that will see the group split into three companies.
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GTA Parent Company, Take2 Interactive, Will Lay Off 5% In Its Cost Reduction Plan
Take2 Interactive has announced that it plans to cut around 5% of its workforce or around 600 roles.