video game industry Archives

AppWizard

July 12, 2026

Expensive Games Are Fueling Steam’s Most Lucrative Year

The video game industry is experiencing closures and cancellations, yet Steam is set for its most profitable year, having generated a billion in gross revenue in the first half of 2026. Steam's performance has nearly matched that of 2021, with blockbuster titles like Resident Evil Requiem, Forza Horizon 6, and Crimson Desert each earning nearly 100 million in sales. Premium pricing for new releases is a key factor in revenue growth, although new releases account for less than 20% of total sales. Asian markets, especially China, are increasingly embracing Steam, and many studios are adapting to align with its ecosystem. A significant portion of Steam's revenue comes from its back catalogue, which has seen a 6% decline in new release contributions compared to the previous year, indicating a trend towards long-tail publishing strategies.

AppWizard

July 6, 2026

Xbox’s CEO wants its games to cater to ‘more than a billion people each day’, or 24 times more than the peak population of Steam, which is delusional

Asha Sharma, the newly appointed CEO of Xbox, announced a goal to achieve 24 times the peak user engagement of Steam, aiming for 984 million active users daily. This ambition follows the closure of several studios and plans to reduce the workforce by 3,200 employees by 2027. Sharma's vision has been met with criticism for its lack of realism, especially given the simultaneous demand for greater output from a smaller team.

AppWizard

June 30, 2026

ESA Lobbyist Calls Private Minecraft Servers Illegal During Hearing

Jennifer Gibbons, Vice President of State Government Affairs at the Entertainment Software Association (ESA), stated during a California State Senate hearing that community servers for Minecraft and Call of Duty are "illegal" and equate to "piracy." She mentioned that the ESA has pending lawsuits against private servers and that the United States Trade Representative (USTR) has identified some private servers as notorious markets for piracy. Gibbons' comments were challenged by Assemblyman Chris Ward, who noted the existence of community servers for both games. An ESA representative later clarified that Gibbons was responding to a complex question and that private servers hosting copyrighted content without authorization infringe on the intellectual property rights of game publishers. The ESA reported a total revenue of ,614,556 in the fiscal year ending March 2025, with ,804,681 from member dues.

AppWizard

June 26, 2026

Video Games Are Changing, And Meccha Chameleon’s Absurd Popularity Is Proof

Meccha Chameleon, a multiplayer hide-and-seek game launched on Steam, has sold seven million copies shortly after its release, achieving this milestone just two days after announcing five million sales. In comparison, Resident Evil Requiem took two months to reach the same figure. The game allows players to disguise themselves as objects in their environment, fostering quick thinking and creativity. It is priced at .99 and does not include microtransactions, offering a full experience reminiscent of earlier gaming eras. The success of Meccha Chameleon highlights a trend towards smaller, accessible games in a market increasingly dominated by larger titles.

AppWizard

June 21, 2026

The team behind bullet hell FPS Luna Abyss just got laid off, less than a month after the game’s release

Luna Abyss, a game that blends first-person shooters with bullet hell mechanics, has faced significant challenges following the announcement of layoffs affecting its entire development team. The news was shared by Hollie Emery, CEO of Kwalee Labs, on June 16, stating that the decision was beyond their control. As of now, the game has a concurrent player count of 43 and a peak of 317 players since its release on May 21. Despite its innovative gameplay, the layoffs have overshadowed its potential success.

AppWizard

June 7, 2026

Minecraft is Officially the Best-Selling Video Game of All-Time

The video game industry surpasses both Hollywood and the music sector combined in terms of success. Minecraft is the best-selling video game of all time, with 350 million copies sold. Its closest competitor, Grand Theft Auto V, has sold 225 million copies, while Wii Sports has sold nearly 83 million copies. The significant sales figures highlight the evolution of gaming from a niche pastime to a dominant form of entertainment.

AppWizard

May 31, 2026

The Stop Killing Games movement hits another major milestone as a game preservation bill passes California State Assembly vote

The California State Assembly passed the Protect Our Games Act (AB 1921) with a vote of 43 to 16. This bill aims to address game preservation issues, particularly following Ubisoft's decision to de-list its online racing game, The Crew, which affected many players. Stop Killing Games, an organization advocating for game preservation, has established NGOs in the EU and the US to counter lobbying efforts related to game shutdowns. The bill will now proceed to the California State Senate for further support but faces opposition from the Entertainment Software Association (ESA), which argues it could misallocate developers' resources.

AppWizard

May 22, 2026

Fallout lead Tim Cain argues games industry crisis hasn’t reached the level of the 1983 crash: ‘I don’t think there’s ever been a worse time in the games industry’

Tim Cain, a veteran RPG developer, discussed the challenges in the current video game industry, noting that approximately 10% of game developers are affected by layoffs and studio closures. He emphasized that while the situation is serious, it does not compare to the catastrophic crash of 1983, during which many developers were abruptly unemployed and the U.S. video game market collapsed. Cain reflected on the lasting impact of that crash, stating it resulted in the loss of an entire generation of game developers and took nearly a decade for the PC market to recover. He identified contemporary issues such as an oversaturation of games, a devaluation of games due to subscription services, and an uneven crisis that largely bypasses consumers. In contrast, industry veterans John and Brenda Romero expressed a more pessimistic view, feeling that the current crisis seems more severe than the earlier collapse.

AppWizard

May 20, 2026

PC Gamers React to Sony Making Its Narrative Single-Player Games PlayStation Exclusive

Sony is committing to keeping narrative single-player games exclusive to the PlayStation 5, with titles like Saros, Ghost of Yotei, Marvel’s Wolverine, and Intergalactic: The Heretic Prophet confirmed for the platform. Multiplayer titles will still be available on both PC and PlayStation. The PC gaming community has reacted with disappointment, with many gamers expressing indifference toward purchasing a PS5 for a few exclusive titles. Industry analysts speculate that disappointing sales of PlayStation titles on PC and the emergence of the next Xbox may have influenced Sony's decision. Historically, Sony has taken a staggered release approach for its games, while Microsoft has favored simultaneous launches. The rising costs of the PS5 and its games are raising questions about the sustainability of Sony's exclusivity strategy.

AppWizard

March 31, 2026

Bethesda, Epic, Microsoft, and Ubisoft unite in this new Humble Bundle with games under $3 each

The latest Humble Bundle features a collection of eight video games, including titles from major studios such as Bethesda, Ubisoft, and Microsoft, and supports the Entertainment Software Association. The highlighted game, Pentiment, is a narrative-driven experience set in 16th-century Bavaria, where players control artist Andreas Maler and make impactful decisions while unraveling a murder mystery. Other games in the bundle include Far Cry Primal, Dishonored 2, Mafia Trilogy, State of Decay 2, Horizon Chase 2, Tetris Forever, and Harry Potter: Quidditch Champions. The bundle is available for £16.21 and will be offered until Friday, April 3.