subsidies Latest news

New Anno is Being Made - Indicated by Funding for Ubisoft From Germany

New Anno is Being Made - Indicated by Funding for Ubisoft From Germany

It looks like Ubisoft is developing a new game from the well-known economic strategy game series Anno. This is indicated by a large subsidy of one of the company's divisions by the German government.

video games

Zuzanna Domeradzka

September 1, 2023

New Anno is Being Made - Indicated by Funding for Ubisoft From Germany
Elex 3 Possible Release Date - Sizable Funding Reveals Schedule

Elex 3 Possible Release Date - Sizable Funding Reveals Schedule

German studio Piranha Bytes has received major funding for the development of a new project. There is no shortage of suggestions that it is about a new part of the Elex series.

video games

Adam Celarek

May 16, 2023

Elex 3 Possible Release Date - Sizable Funding Reveals Schedule
Diablo Immortal Devs Invest in Polish VR Studio

Diablo Immortal Devs Invest in Polish VR Studio

The developer responsible for Diablo Immortal - Chinese company NetEase - has invested several million dollars in Polish studio Something Random. Its debut game is expected to be released in 2023.

video games

Hubert Sledziewski

July 5, 2022

Diablo Immortal Devs Invest in Polish VR Studio
Relocation of Developers From Ukraine, Courtesy of Epic Games

Relocation of Developers From Ukraine, Courtesy of Epic Games

Thanks to a grant from Epic Games, Ukrainian studio Frogwares will be able to move its developers from threatened regions to safer locations.

video games

Adrian Werner

May 17, 2022

Relocation of Developers From Ukraine, Courtesy of Epic Games
„Funding the Dream in Gaming” Webinar Will Teach You Exactly That

„Funding the Dream in Gaming” Webinar Will Teach You Exactly That

How to obtain funding from the largest venture capital companies for your own gaming project? This is what LVP, Google or BetaDwarf representatives are going to talk about during the upcoming webinar titled „Funding the dream in gaming”.

video games

Karol Laska

December 15, 2020

„Funding the Dream in Gaming” Webinar Will Teach You Exactly That
Cyberpunk 2077 Got Government Money for Its „Living” City

Cyberpunk 2077 Got Government Money for Its „Living” City

In 2016, CD Projekt RED received a grant of $7.5 million from the Polish government. The company submitted 4 projects at the time. The aim of one of them was to develop the technology of a living city. As we see today, after the launch of Cyberpunk 2077, it wasn't entirely successful.

video games

Agnes Adamus

December 14, 2020

Cyberpunk 2077 Got Government Money for Its „Living” City
Former Rockstar North CEO Prepares Competition for GTA

Former Rockstar North CEO Prepares Competition for GTA

Former head of Rockstar North creates competition for the GTA series. In the new round of financing he received 42 million dollars from the Chinese company NetEase and other entities.

video games

Paul Musiolik

September 26, 2020

Former Rockstar North CEO Prepares Competition for GTA
Not Only Rockstar - Sony and Other Giants Avoid Paying Taxes in UK

Not Only Rockstar - Sony and Other Giants Avoid Paying Taxes in UK

As it turns out, Rockstar is not the only company that avoids tax authorities in Great Britain. Using methods similar to those of the creators of GTA V, giants such as Warner, Sony and Sega earned hundreds of millions of pounds in tax credits. They were all beneficiaries of a scheme intended to support domestic video game developers.

video games

Michael Kulakowski

October 2, 2019

Not Only Rockstar - Sony and Other Giants Avoid Paying Taxes in UK

GTA Devs Avoid Paying Taxes

According to a report published by TaxWatch UK, Rockstar North has not paid corporate income tax in the UK for over a decade. Additionally, the devs of GTA V received over 42 million pounds in the form of tax reliefs.

other

Agnes Adamus

July 29, 2019

GTA Devs Avoid Paying Taxes

Elex 2 is happening - the sequel has been approved for EU grant

Whether Elex is going to be successful, we do not know. We do know, however, that Piranha Bytes is already making serious plans for Elex 2.

video games

August 23, 2017

Elex 2 is happening - the sequel has been approved for EU grant

Investments into VR projects decline

VR technology has run into some trouble on its road to popularity. Because of mixed results acvieved by several big players in the industry, investors are now much more cautious about VR than they were in 2016.

hardware & software

April 24, 2017

Investments into VR projects decline

Cyberpunk 2077 likely out by June 2019

Along with accepting a large grant for several of Cyberpunk 2077-related technologies, CD Projekt RED agreed to release the results of their work by June 2019. This is currently the most likely time window for that game's launch.

video games

March 20, 2017

Cyberpunk 2077 likely out by June 2019

Cyberpunk 2077 may feature seamless multiplayer and a huge living city

CD Projekt RED wants Cyberpunk 2077 to be even better than The Witcher 3: Wild Hunt. That is why they applied for a grant for creating seamless multiplayer and a huge living city.

video games

September 27, 2016

Cyberpunk 2077 may feature seamless multiplayer and a huge living city