Games parent company Roblox Corporation shared some fascinating news today at the Roblox Developers Conference. The company announced that developers make “paid access experiences” (think premium games) on Games will soon be able to earn a larger share of revenue than developers making free-to-play games. This increase applies to games purchased with “real money value” … Read more
First half financial data Fiscal Year 2024-2025 show that CD Projekt had “strong” results in multiple areas From January 1, 2024 to June 30, 2024. In terms of revenue, the Polish studio totaled PLN 424.8 million (or $109.8 million), up 30.6 percent compared to the first six months of the 2023-2024 fiscal year. Cyberpunk 2077 … Read more
For Remedy, the first half of 2024 It was very fruitful. In the six-month period from January to June 2024, developer Alan Wake saw revenue grow 33.7 percent over the year-ago period, to €21.1 million (or $23 million). For operating income for the period, Remedy reported a loss of €5.3 million, down from €10.4 million … Read more
Even after laying off over a thousand employees At the start of the year, game engine and monetization developer Unity has yet to see the “profitable growth” it was looking for. Today, the company reported a 16 percent decline in year-over-year revenue (down from $533 million to $426 million), contributing to a net loss of … Read more
Financial reporting week continues with Roblox Company. As last yearhad a “strong” second quarter (ended June 30, 2024) with increases in key areas. In terms of revenue, the company reported $893.5 million and bookings of $955.2 million, up 31 percent and 22 percent, respectively, from the prior year. Net cash flow from operating activities was … Read more