financial backing Archives

AppWizard

January 12, 2026

Hytale’s mammoth pre-orders have covered “the next two years of development,” proving the Minecraft challenger is really here to stay

Hytale is set to launch on January 13, 2026, and is expected to attract over one million players on its early access release day, according to Simon Collins-Laflamme, founder of Hypixel Studios. The game's development has been ongoing for over a decade, and its financial backing for the next two years has been secured through pre-sales. After Riot Games discontinued its involvement, Collins-Laflamme resumed development with a focus on community collaboration. He announced that pre-orders have ensured a solid foundation for the project, expressing optimism about Hytale's future.

AppWizard

January 12, 2026

Minecraft-like Hytale has already sold enough to fund the next two years of development, and it’s not even out yet

Hypixel Studios announced that pre-launch sales of Hytale have generated enough revenue to fund the next two years of the game's development. The early access release is scheduled for January 13. Hytale has been in development since 2015 and was previously halted by Riot Games, which acquired Hypixel in 2020. Hypixel co-founder Simon Collins-Laflamme acquired the game from Riot at the end of last year. He predicts that Hytale will attract one million players on its release day and encourages players to download the game’s launcher in advance. The game will be available for purchase only through the studio’s website during early access. Hytale offers three purchasing options: the standard edition at .99, the Supporter Edition at .99, and the Founder's Edition at .99, with the latter two editions including exclusive cosmetic outfits and capes.

AppWizard

January 5, 2026

After 200,000 Mobile Downloads, Classy Games Brings Orbital to PC

Saudi Arabia is investing heavily in the gaming industry to become a key player in the global market. The government has allocated resources for local game developers and is attracting international companies. Investment funds have been established to support startups and established firms in the gaming sector. Educational programs and partnerships with universities are being developed to train future game developers. The kingdom plans to host major gaming events to showcase local talent and enhance its reputation as a gaming hub. Additionally, there is a focus on integrating gaming into Saudi culture by promoting games that reflect local heritage and values, encouraging developers to explore themes related to Saudi culture, and fostering community involvement in the gaming industry.

AppWizard

December 24, 2025

They survived the MMO massacre of 2025, but 2026 is going to be a tense year for WoW and FF14: And for completely different reasons

In 2025, the MMORPG landscape faced significant turmoil with the closure of New World, withdrawal of funding for Greg Street's MMO, cancellation of a ZeniMax title, and the demise of a Warhammer MMO. Despite this, World of Warcraft and Final Fantasy 14 have remained resilient. Final Fantasy 14 has struggled with design and content delivery, lagging behind competitors like World of Warcraft, which has benefited from Microsoft's acquisition. Creative Studio 3's rigid division between casual and hardcore content has hindered player engagement, while World of Warcraft has successfully implemented variable difficulty. Director Naoki Yoshida is addressing job design issues in an upcoming expansion expected in late 2026 or early 2027. World of Warcraft has seen a resurgence with recent expansions but faces challenges in eliminating combat mods that players rely on. Both games are at a critical juncture, with 2026 expected to be pivotal for their futures.

AppWizard

December 7, 2025

Wreckreation developer puts its entire staff on notice as publisher THQ Nordic abandons it: ‘We simply cannot sustain the studio in its current form’

Three Fields Entertainment has placed its entire staff on notice of redundancy due to financial challenges and a lack of revenue from game sales. The studio has been self-funding for most of the year after declining support from publisher THQ Nordic. Their recent title, Wreckreation, has received mixed reviews, and the studio has been unable to fully realize its vision for the game. CEO Fiona Sperry expressed hope that sharing their progress might attract potential investors. Despite the difficulties, the studio plans to release a highly anticipated crossplay feature update before Christmas.

AppWizard

November 23, 2025

The biggest-budget, most notorious space game around is holding a huge free trial, with over 200 ships you can try

Star Citizen has surpassed 0 million in crowdfunding and sales. The Intergalactic Aerospace Expo (IAE) 2955 is currently taking place in Orison, showcasing a collection of spacecraft and vehicles, allowing players to test nearly 200 ships for free. The event runs from November 20 to December 3. Star Citizen alpha 4.4 has been released, introducing the new star system Nyx, along with new missions, weapons, and a revamped injury system. The expo will feature a rotating list of ships from various manufacturers, with the community-voted Ship Showdown finalists available for testing on November 29. CIG has improved accessibility through enhanced tutorials and guides. The event includes recruit-a-friend bonuses, offering rewards for both referrers and newcomers.

AppWizard

October 1, 2025

Game Pass gets major price hike ‘to offer more flexibility, choice, and value,’ Microsoft says with a completely straight face

Microsoft has announced a significant price increase for its Game Pass program, which has led to backlash from users. The Xbox team reported high creator participation and player engagement but acknowledged the need for further connection between players and creators. The Elder Scrolls Franchise bundle is priced significantly lower than the annual cost of Game Pass Ultimate, and popular games like Silksong can be purchased or rented for less than the subscription fee. A YouTube video explaining the changes received more dislikes than likes, and a Circana survey indicated that cost, value perception, and content availability are primary reasons for cancellations. Critics, including industry analysts and former executives, have raised concerns about the sustainability of the Game Pass model and its impact on traditional game sales. Microsoft faces a dilemma between raising prices for sustainability and risking user alienation.

AppWizard

August 11, 2025

Bithell Games laying off 11 staff

Bithell Games is reducing its workforce by parting ways with 11 employees due to difficulties in securing new projects. This decision follows the launch of their title, Tron: Catalyst, in June. Founder Mike Bithell highlighted the challenges faced by smaller studios in finding financial backing for future projects. He emphasized communication with affected staff and offered severance packages to ease the impact of the layoffs. Bithell praised the skills of his team and encouraged other developers to consider the laid-off employees for future opportunities. Despite the layoffs, the studio's existing self-published games will remain available, and ongoing support for them will continue.

AppWizard

August 6, 2025

Epic boss Sweeney refutes reported Disney complaints

Tim Sweeney, CEO of Epic Games, dismissed rumors of tensions with Disney, calling reports of frustration within Epic's management "bullshit." He emphasized the efficiency of their collaboration, particularly noting the rapid progress on projects like the integration of Darth Vader. Sweeney mentioned that Epic had previously provided a statement to a journalist that was not included in an article, which may have led to misunderstandings. Earlier this year, Epic received a .5 billion investment from Disney, indicating a strong partnership and commitment to future collaboration.

AppWizard

July 29, 2025

‘Maybe I’ve directed my last game,’ Dead Space creator Glen Schofield says after being unable to secure funding for his new project: ‘With the industry on pause, AAA feels like it’s a long ways away’

Glen Schofield, a veteran in the video game industry, has announced his decision to step away from game direction after struggling to secure funding for a new horror project he had been developing for eight months. Despite assembling a talented team and setting a budget, he faced challenges due to the industry's shift towards higher share prices and artificial intelligence solutions. Schofield's previous title, The Callisto Protocol, did not meet expectations, leading to financial repercussions for its publisher and layoffs at his studio. He expressed a desire to return to his artistic roots while reflecting on the stagnant state of the industry. His daughter, Nicole, who contributed the original idea for the halted project, was also part of the team.