2024 was a tough year for Don't Nod:
First, Banishers: Ghosts of New Eden and Jusant sold poorly despite fairly good critics and players reception. And then Don't Nod delayed Lost Records: Bloom and Rage and tried to focus more on Life is Strange: Double Exposure.
Because of that their market cap fallen drastically (losing 70% of the value over the year). Now they requested Euronext to suspend shares trading fully until further notice. What is going to be in the upcoming press release is unclear, but it sounds off.
Their current market capitalization is at 19.55M Eur., which is lower than the budget of their typical game. Since 2018 they lost 93% of value, falling from 32 Eur. per share to just 1.5 and now fully suspended.
#Finance #Business #Europe
First, Banishers: Ghosts of New Eden and Jusant sold poorly despite fairly good critics and players reception. And then Don't Nod delayed Lost Records: Bloom and Rage and tried to focus more on Life is Strange: Double Exposure.
Because of that their market cap fallen drastically (losing 70% of the value over the year). Now they requested Euronext to suspend shares trading fully until further notice. What is going to be in the upcoming press release is unclear, but it sounds off.
Their current market capitalization is at 19.55M Eur., which is lower than the budget of their typical game. Since 2018 they lost 93% of value, falling from 32 Eur. per share to just 1.5 and now fully suspended.
#Finance #Business #Europe
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GameDev Pulse
Kind reminder that you don't have to buy commercial grade assets for games and 3D, there are many websites with CC0 assets! Website of the day: https://polyhaven.com/ — 379 models, over 500 materials, and tons of HDRi backgrounds. Absolutely free, no strings…
Your Unreal Engine assets are a time bomb and you don't own them.
Just to clarify: here's how Free FAB asset looks like, after it's no longer free. You can only claim it for your tier (Personal or Pro). The majority of you are at Personal tier and can only claim it, not the higher one.
Then after the item is no longer free and in case you get income OR FUNDING that will exceed your tier to the Pro one, you owe Fab $350 for this asset alone. And potentially thousands upon thousands for all their so-called "Free Assets".
It's a huge time bomb that is currently planted in thousands of indie games and will screw them up in the next couple of years.
#Finance@GameDEV
#GameAssets@GameDEV
#EpicGames@GameDEV
Just to clarify: here's how Free FAB asset looks like, after it's no longer free. You can only claim it for your tier (Personal or Pro). The majority of you are at Personal tier and can only claim it, not the higher one.
Then after the item is no longer free and in case you get income OR FUNDING that will exceed your tier to the Pro one, you owe Fab $350 for this asset alone. And potentially thousands upon thousands for all their so-called "Free Assets".
It's a huge time bomb that is currently planted in thousands of indie games and will screw them up in the next couple of years.
#Finance@GameDEV
#GameAssets@GameDEV
#EpicGames@GameDEV
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GameDev Pulse
Corinne Busche, the director of Dragon Age The Veilguard leaves BioWare. #DragonAge@GameDEV
Dragon Age The Veilguard has been a failure, now it's official: EA announced that only 1.5 million people played the game, which is twice lower than expected.
⚠️ And those ARE NOT SALES: the game has been in several subscription offers.
EA Sports FC 25 is also not doing great. Altogether those games caused worse than expected financial results for the last quarter of 2024:
Press Release
#DragonAge@GameDEV
#EA@GameDEV
#Finance@GameDEV
⚠️ And those ARE NOT SALES: the game has been in several subscription offers.
EA Sports FC 25 is also not doing great. Altogether those games caused worse than expected financial results for the last quarter of 2024:
Press Release
#DragonAge@GameDEV
#EA@GameDEV
#Finance@GameDEV
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GameDev Pulse
Dragon Age The Veilguard has been a failure, now it's official: EA announced that only 1.5 million people played the game, which is twice lower than expected. ⚠️ And those ARE NOT SALES: the game has been in several subscription offers. EA Sports FC 25 is…
According to presale data, EA is going to lose 15% of its market cap after the negative financial report.
#EA@GameDEV
#Finance@GameDEV
#EA@GameDEV
#Finance@GameDEV
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NVIDIA lost almost 600B in a single day after Chinese DeepSeek startup proved that AI can be way more efficient and doesn't require such a growth in compute power.
It's the highest ever loss of stock prices in history. The company is no longer on the first place, so Apple is leading again.
#NVIDIA@GameDEV
#Finance@GameDEV
It's the highest ever loss of stock prices in history. The company is no longer on the first place, so Apple is leading again.
#NVIDIA@GameDEV
#Finance@GameDEV
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Savvy Games Group with Scopely acquires Niantic, Inc. for $3.5 billion.
#Business@GameDEV
#Finance@GameDEV
#MobileGames@GameDEV
#Business@GameDEV
#Finance@GameDEV
#MobileGames@GameDEV
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GameDev Pulse
inZOI has surpassed 1 million Early Access sales — a meaningful milestone achieved in just a week. The biggest SIMS competitor in ages is a curious case, since yet another alternative (Life by You) was cancelled by Paradox last summer. While KRAFTON got even…
And a bit more into Steam revenue
#Steam@GameDEV
#Finance@GameDEV
#SplitFiction@GameDEV
#AssassinsCreed@GameDEV
#Steam@GameDEV
#Finance@GameDEV
#SplitFiction@GameDEV
#AssassinsCreed@GameDEV
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The ongoing AI bubble is already bigger than the dotcom bubble in the late 90s. And it will pop, it's unavoidable.
#Finance@GameDEV
#AI@GameDEV
#Finance@GameDEV
#AI@GameDEV
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