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The escalating expenses associated with video game development have prompted major gaming companies like Sony and Warner Bros. Games to pivot towards creating mobile and live service games. [41] [42] Layoffs and studio closures have also impacted successful live service game companies, such as Epic Games and Bungie.
On 2 December, media company Koch Media announced that it had acquired Fishlabs, which would henceforth operate as the dedicated mobile studio for its game publishing label, Deep Silver. [3] As the agreement was an asset deal, all of Fishlabs' assets, including 52 employees, were transferred to Koch Media and incorporated in a new division ...
In 2019, Garena held its largest esports event for Free Fire, the Free Fire World Series in Rio de Janeiro, which drew a peak of more than 2 million concurrent viewers. [47] The following year, Garena's tournament, the Free Fire Continental Series (FFCS), was conducted across three regions: the Americas, Asia, and EMEA (Europe, Middle East, and ...
It’s one of those wild twists at a time when many layoffs are buried in a big number. The TikTok, by the way, got 1.6M views. How a GM layoff email sent to employees triggered a storm on TikTok
After two years of massive layoffs and the promise of more consolidation to come in media and entertainment in 2025, the mood is bleak among executives of a certain age. The pink-slip bloodbath ...
Warner Bros. Discovery enacted 100 layoffs Tuesday as part of a planned downsizing of the company’s ad sales departments that had been in the works since Discovery closed its merger with ...
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Free Fire Max is an enhanced version of Free Fire that was released in 2021. [ 68 ] [ 69 ] It features improved High-Definition graphics , sound effects , and a 360-degree rotatable lobby. Players can use the same account to play both Free Fire Max and Free Fire , and in-game purchases, costumes, and items are synced between the two games. [ 70 ]