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
Roblox is updating its marketplace to allow creators to grow their businesses on the UGC platform. The upcoming changes will allow creators to sell avatar packs, which consist of bodies, clothing, and accessories, both in the Marketplace and within the experiences themselves. Roblox said the change is a “big step forward for creators” and will … Read more
With immediate effect, Games has been banned in Türkiye for the foreseeable future. As noted by Gaming IndustryThe creation platform has been banned for “content that could lead to the exploitation of children,” the country's justice minister said Yilmaz Tunç (Italian)“It is everyone's duty to care for, protect and support the interests of our children, … 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