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Video Game News Stories for February 29, 2024

Industry Layoffs and Restructuring:

EA and Microsoft Face Workforce Reductions: Major gaming companies Electronic Arts (EA) and Microsoft announced layoffs today. EA will be letting go of approximately 5% of its workforce, totaling around 670 employees. This decision comes alongside the cancellation of an unannounced Star Wars FPS game from Respawn Entertainment. Microsoft, on the other hand, is undertaking a larger restructuring within its gaming division, resulting in the layoff of 1,900 employees.
Tencent's Riot Games Downsizes: Adding to the industry-wide trend, Riot Games, the developer behind the popular League of Legends, announced the layoff of 530 employees. While the specific reasons behind these decisions haven't been fully disclosed, they point towards potential adjustments within these companies as they navigate the evolving gaming landscape.

Other Noteworthy News:

Final Fantasy VII Rebirth Continues to Generate Buzz: Square Enix's highly anticipated Final Fantasy VII Rebirth continues to be a major talking point. Game Informer published a detailed review of the title, offering insights into the story, gameplay, and the unique "New Game Plus" functionality. Fans can also tune in to the latest episode of the Game Informer Show podcast for a deeper dive into the game and a first look at the upcoming Shadow of the Erdtree DLC for Elden Ring.
Twitch Implements Gambling Content Ban: In an effort to maintain a safe and secure platform for its users, Twitch announced a ban on streaming unlicensed gambling content. This move comes amidst growing concerns about the potential negative impacts of gambling streams, particularly on younger audiences.
Gaming Charity Event Faces Challenges: A planned gaming charity fundraiser in Florida has been canceled due to a combination of factors, including concerns surrounding the state's "Don't Say Gay" law and ongoing COVID-19 safety considerations. This news highlights the ongoing intersection of video games with broader social and cultural issues.

#ea #electronic arts #microsoft #twitch #final fantasy #final fantasy vii #final fantasy 7 #video games #gaming #news #gaming news #final fantasy 7 rebirth #final fantasy vii rebirth

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Battlefield 2042 Concept Artworks

#battlefield #battlefield 2042 #dice #criterion games #electronic arts #ea #video games #gaming #art #illustration #design

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Brütal Legend Concept Artworks

#brutal legend #video games #gaming #art #illustration #design #double fine productions #Electronic Arts

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www.gametrailers.com

EA - We're going 100% Digital

"The major publisher has officially announced that it will be going entirely digital in the near future. The exact word used by president Frank Gibeau was "inevitable". But Madden won't be disappearing off the shelves tomorrow.

Gibeau sums it up thusly:

"Retail is a great channel for us. We have great relationships with our partners there. At the same time, the ultimate relationship is the connection that we have with the gamer. If the gamer wants to get the game through a digital download and that's the best way for them to get it, that's what we're going to do."

This won't be a sudden change but a gradual shift. Still, Gibeau notes that last year digital was a growing sector for the publisher collecting $1.2 billion in revenue. Experiments such as Battlefield 3 Premium have been extremely successful.

Nonetheless statements like this likely have GameStop executives ordering antacids in bulk and console makers taking notes. Digital has considerable appeal to publishers: They can sell you the games directly and once you buy them you can't sell them used. EA going entirely digital would pull dozens of franchises and developers out of stores.

It will obviously take time for EA to fully transition. But this heralds what will be a major shift in gaming over the next few years."

Source: GameTrailers

Source: gametrailers.com

#ea #electronic arts #video games #gaming #news