All articles tagged with #game development costs
Sony’s Herman Hulst says rising development costs, slower industry growth, changing player behavior, and broader economic headwinds led to Bluepoint Games’ closure, with the studio set to shut down in March. Sony will try to reassign some laid-off staff within its studio network, while noting Bluepoint’s past work on the Demon's Souls remake and other successful PlayStation projects.
Nintendo is addressing rising game development costs and prices by exploring shorter development cycles for new titles, aiming to maintain appealing content despite increased expenses, while also considering the impact of the upcoming Nintendo Switch 2 on younger players.
Embracer Group's CEO Lars Wingefors has discussed the possibility of increasing video game prices beyond $70 due to rising development costs and market competition. Despite the industry's struggles and the trend of gamers favoring older live service games, Wingefors suggests that higher prices could lead to more game releases. However, Embracer is waiting for another company to make the first move before implementing such a price hike.