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The closure of four studios casts a shadow on Microsoft’s commitment to innovative content

PreMortem.Games

It is now the third-largest game company in the world and generated $23 billion in revenues across console hardware, and first- and third-party software sales last year. The news casts a shadow on Microsoft’s willingness to develop innovative content. So, too, it seems, is the case with the quadruple shutdown.

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Microsoft to shut down Xbox 360 Store in July 2024

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Microsoft has announced that it will be closing the digital Xbox 360 Store on July 29, 2024. Consumers will not be able to purchase games, DLC, and content from the store on 360 consoles and the Xbox 360 Marketplace. Read more

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Top Unreal Game Development Companies in 2024

Logic Simplified

From strategy development, content creation, coding to testing, the development process reflects on the successful delivery of the game. Console Game Development As a leading unreal game development studio, we have delivered robust console titles for PlayStation, Xbox, and Nintendo platforms. Is it well-defined?

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Blockbuster Games Failed to Grow the Market - What Next?

Deconstructor of Fun

The problem is that at the end of 2024, the market is still noticeably smaller than it was three years ago in 2021. source: Newzoo reports Despite the unprecedented slate of blockbuster titles, console games grew at a slower pace than inflation. And originally Newzoo reported that the Console market would grow by 7%.

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Missing Script error

Cocos

this is the console text 2024-03-28T14:13:13.895Z - warn: [Build] Missing class: d7f96LhCQlJL7Pcf+qGNmCO[Build] Missing class: d7f96LhCQlJL7Pcf+qGNmCO at NewConsole.warn (/Applications/Cocos/Creator/3.6.2/CocosCreator.app/Contents/Resources/app.asar/builtin/builder/dist/worker/console.ccc:1:1306) cache/dev/editor/bundled/index.js:118294:30)

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The Three Game Industry Trends to Watch in 2024

Deconstructor of Fun

If market trends, especially on PC and Console, are something you want to hear more about, I highly suggest you check out my conversation with Newzoo’s Head of Consulting, Ben Porter below. During the lockdown years companies grew in headcount to supply content against the massive surge of demand.

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PlayStation 5 shipped 4.9m units during Q2 2023

GamesIndustry.biz

Looking at GN&S more closely, growth was attributed to an increase of sales in hardware, non-first-party titles including add-on content, and the impact of foreign exchange rates. million copies sold across PlayStation consoles. Looking ahead, Sony has forecasted sales for this fiscal year (ending in March 2024) to reach ¥12.4

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