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340°

An update from Eidos Montréal

Crafting emotions since 2007.

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Community848d ago
OtterX847d ago

The Embracer Group brings the Embrace of Death, once again.

staticall847d ago

Yeah, they should be renamed to Embarrassment Group at this point. Bought every studio they could lay their hands on just to fire people from them, close them or cancel their games.

ROCKY28847d ago

100 % The CEO is a PIG and it showcases how Embarrassment Group has always been a sham of a company
within the game industry !

Eonjay847d ago

Seems like the most turnover is being generated by companies making acquisitions and cuts.

Abnor_Mal847d ago

Ahhhh a man of culture, Futurama is the best.

thorstein847d ago

It's like they don't know their behinds from their elbows.

UPS just signed all their drivers to a huge contract.

In order to afford the contract, UPS is laying off management.

That's how all of this should work. Lay off management. That's how a business can be more "efficient."

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VincentVanBro847d ago

God this hurts, I love Eidos Montreal. They make great games.

Si-Fly847d ago

They’ve not closed the studio.

VincentVanBro847d ago

I know, but they laid off 97 employees and canceled my most anticipated release from their studio.

Xenial847d ago

Shouldn't laugh because of the situation. But that did make me lol.

Psychonaut85847d ago

Bro f$&k Embracer. How do companies not even understand basic concepts like “don’t count your chickens before they hatch”? And now all these peoples lives are upended because of it.

KwietStorm_BLM847d ago

Fkn trash. They had no business buying up all those studios with house money. I been waiting so long for the next Deus Ex. All these large scale consolidations are bleeding out the industry one at a time.

CantThinkOfAUsername847d ago

They were banking on Saudi money. When the Saudi Government backed down everything fell apart.

70°

Microsoft Gaming Revenue Drops 7% Year-on-Year, Content and Services Down 5%, Xbox Hardware Down 33%

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.

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Jin_Sakai28d ago (Edited 28d ago )

Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.

dveio28d ago

To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Jingsing28d ago

The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.

Tanktopmaster9228d ago

Once they re-evaluate exclusive all will be fine….

S2Killinit28d ago

Riiiiight because people will just flock back to them for one or two games per year.

Jingsing28d ago

15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.

Tanktopmaster9227d ago

These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse

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50°

Spiders Studio, Developers of GreedFall: The Dying World, Announce Liquidation of the Company

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.

What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.

We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.

If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."

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40°

Koei Tecmo Announces Record Financial Results After Releasing Many Big Games

Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.

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