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Acquisitions, deals, layoffs, and the money moves reshaping the gaming industry.
Business
6 articles
Microsoft Acquires Stellar Loop Studios in $2.1B Deal — Void Wanderer Goes Xbox Exclusive
The Canadian indie studio behind the acclaimed Void Wanderer trilogy joins Xbox Game Studios in Microsoft's largest gaming acquisition since Activision Blizzard.
CD Projekt Red Raises $500M to Fund Cyberpunk 2 and The Witcher IV Development
The Polish developer's largest-ever capital raise signals serious ambition, with both titles reportedly targeting simultaneous 2029 release windows.
Sony Closes Three First-Party Studios in Sweeping Cost-Cutting Restructure
Nearly 900 developers are affected as PlayStation maker shuts down studios it describes as 'non-core' to its forward strategy.
Riot Games Acquires Three Major Esports Orgs in Landmark $800M Deal
Cloud9, Team Vitality, and DRX will join Riot's portfolio in a move that reshapes the competitive gaming landscape and raises serious governance questions.
Epic Games Store Posts First-Ever Profit as Free Game Strategy Pays Off Long-Term
After years of aggressive subsidies and heavy losses, Epic's storefront has achieved quarterly profitability for the first time in its six-year history.
The Gaming Industry Shed 14,000 Jobs in Q1 2026 — What's Really Happening
Another wave of layoffs has swept through major publishers. Here's a clear-eyed look at the structural forces driving the cuts — and where the industry is headed.