VentureBeat sat down with the former Nintendo of America President and COO Reggie Fils-Aimé to discuss his new book and views on the gaming industry’s past, present, and future. From his days leading Nintendo through its hits and misses, his friendship with Nintendo’s late CEO Satoru Iwata, and even his love for lapel pins, Reggie has a lot to say about his time in the industry and what both the present and future promise.
Mergers and acquisitions, big and small, have been dominating the news recently, with no signs of slowing. A panel at the 2022 GamesBeat Summit spent time discussing the factors prompting the recent wave of deals, including the explosion of new gamers and high player engagement brought on by social distancing. With a rapidly expanding market and games becoming more accessible than ever, expect to see even more deals in the future as companies aim for growth fueled by new players.
Following the model of popular battle royale titles like Fortnite and Apex Legends, PUBG developer Krafton announced the game was going free-to-play in January, and the move has paid off. In its recent earnings report, Krafton announced that sales of PUBG: Battlegrounds are up 61% year-over-year on PC and 274% year-over-year on consoles. The game has also seen a “nearly tripled” number of active players over the last quarter of 2021.
On the heels of an impressive launch in February, NPD announces that Elden Ring, the newest souls-like title from Japanese developer Fromsoft, is the best-selling video game of the last 12 months. While souls-likes are notorious for their difficulty and rabid fanbase, Elden Ring seems to have done the impossible and gone mainstream, even outselling the latest entry in the ever-popular Call of Duty series. Activision will likely regain the crown with Call of Duty: Modern Warfare 2, announced for a November release.