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Sat, Oct 10

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US console hardware is in its worst slump since the early 1980s as prices hit record highs, while Tencent's Delta Force passes 58 million daily players and Microsoft prepares a rebuilt Xbox PC client.

Platforms & tech

US console market in worst crisis since the 1980s, Circana warns

Circana's Mat Piscatella says the US console hardware market faces its worst crisis since the early-1980s crash. Through August, Xbox sales fell 33% year-on-year to a historic low and PlayStation fell 25% to its lowest since 2013, as AI data center demand for memory pushed average prices to record highs of $529 and $597.

Why it mattersIt shows AI-driven memory costs, not weak demand alone, are squeezing console supply and pricing, with GTA's next release only a partial fix if supply allows.

Releases

Tencent's Delta Force passes 58 million daily active users

Tencent's TiMi studio said Delta Force hit 58 million daily active users in China at its second anniversary, up from 30 million a year earlier and 50 million in March. The same report notes China's Asian Games gold in Honor of Kings.

Why it mattersThe milestone puts Delta Force among Tencent's evergreen franchises, reinforcing its dominance in live-service shooters.

Platforms & tech

Microsoft announces rebuilt Xbox PC client codenamed Garrison

Microsoft announced a rebuilt Xbox PC client codenamed Garrison, emphasizing speed and performance. It opens to Xbox Insider testers in the coming weeks and may launch within the year, with faster loading of libraries over 1,400 games and a merged store and game detail page.

Why it mattersIt signals Microsoft's push to fix the Xbox PC experience, a key test of whether it can compete with Steam on usability.

Business

CD Projekt and Paramount to make live-action Cyberpunk 2077 film

CD Projekt and Paramount Pictures announced a live-action film based on the Cyberpunk 2077 IP, developed with producer Lorenzo di Bonaventura. CDPR co-CEO Michał Nowakowski said they are happy to partner with Paramount and will reveal more details at the right time.

Why it mattersIt signals a major Hollywood expansion of the Cyberpunk franchise beyond games, which matters to anyone tracking the IP's growth and CDPR's strategy.

Business

MTG postpones PlaySimple IPO to 2027 on Indian market conditions

Modern Times Group has postponed a potential IPO of casual games developer PlaySimple because of conditions in the Indian capital markets, and will revisit timing in 2027. MTG says a listing could still create shareholder value.

Why it mattersThe delay signals how market conditions are affecting exit plans for mobile game studios owned by public groups.

Business

Report: Double Fine union drive collapsed over culture clash

A report says Double Fine Productions' unionization effort failed amid miscommunication and a clash with the studio's decades-old company culture, centering on questions of union eligibility.

Why it mattersIt is a case study in how studio culture and process, not just management opposition, can decide union campaigns in games.

Platforms & tech

Nintendo declines to say whether GTA 6 will come to Switch 2

Nintendo of America's boss deferred questions about Grand Theft Auto VI on Switch 2 to Rockstar and Take-Two, giving no confirmation either way.

Why it mattersWhether the industry's biggest launch reaches Switch 2 matters for Nintendo's third-party momentum and the game's reach.

Platforms & tech

Xbox reportedly lands exclusive GTA 6 streaming rights

GamesIndustry.biz reports Xbox struck an exclusive deal for GTA 6 streaming rights, which would make xCloud the only place to stream the game initially, though the game still launches on PlayStation and Xbox.

Why it mattersExclusive streaming rights would give Microsoft a differentiator in cloud gaming just as the market looks ready to grow.