Remedy appoints new CFO | GamesIndustry.biz

Remedy has appointed a new CFO: Santtu Kallionpää. Kallionpää will join Remedy's core management team in October, relinquishing his role as vice president of finance and sales at Finnish confectionery company Fazer. Kallionpää replaces Remedy's previous CFO Terhi Kauppi, who left the company in June 2024. “I am delighted to welcome Santtu Kallionpää to Remedy … Read more

Former developers IO Interactive and Plarium form Chamo Games

The former developers of Raid: Shadow Legends and Hitman have teamed up to form Chamo Games. Chamo was founded in September 2023 by former IO Interactive COO Zoher Toutanji and former Plarium Creative Director Robert Schiavulli. Although based in Malmö, Sweden, the team – which already employs 25 developers – works remotely and includes talent … Read more

Skybound predicts that TV and movie video game love could last a decade

The industry is enjoying a wave of acclaimed adaptations that bring hit game franchises to theaters and television. Super Mario Bros is still the third biggest animated film of all time (second ahead of Inside Out 2 last month), the Fallout and Last Of Us franchises have attracted millions of viewers, and Sonic The Hedgehog … Read more

Shipyard Games shuts down | GamesIndustry.biz

Finnish mobile developer Shipyard Games has announced its closure. As reported by PocketGamer, CEO and co-founder Andreas Wedenberg cited a lack of investment as the main reason for the termination in a message posted on the studio's Discord server. “Unfortunately, the company's situation is critical, we're running out of money, and our previous investor didn't … Read more

Sega's total sales of $102.5 million help offset the overall decline

Sega has released its financial results for the three months ending June 30, 2024, showing an overall decline in net sales but a solid performance from its video game business. The publisher earned 15.1 billion yen ($102.5 million) from sales of the entire game, up nearly 40% compared to the same period last year. The … Read more

Versus Evil veterans launch indie label Digital Bandidos

New full-service publisher Digital Bandidos has come out of hiding. Started by Versus Evil alumni Steve Escalante and Lance James, Digital Bandidos has been in the works for a few months but has just been formally introduced. Escalante, the former general manager and founder of Versus Evil, will serve as CEO, while James (formerly head … Read more