Abstract
- The gaming trade was financially profitable general, however noticed over 14,000 layoffs.
- Different indicators of turmoil included strikes, studio closures, and canceled initiatives.
- Balatro and EA Sports activities School Soccer 25 had been among the many 12 months’s hottest titles.
The gaming trade is so gigantic as of late that it is actually tough to recollect all the pieces that occurred in a given 12 months. Your reminiscence may put titles reminiscent of Like a Dragon: Infinite Wealth and Prince of Persia: The Lost Crownin 2023, for instance, however each of these got here out in January 2024. And naturally, there are at all times certain to be trade shakeups, this 12 months starting from the SAG-AFTRA voice actors strike to long-standing companies and publications being wound down — RIP Recreation Informer.
The listing under is nowhere close to complete, since there is not any method it could possibly be. I am additionally avoiding separating the successes and failures, or placing them in any explicit order. I am simply making an attempt to name consideration to a number of the extra vital factors of 2024.
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1 Huge studio layoffs and closures
Pour one out for the dreamers of desires
Bungie
Whereas the gaming trade did properly as an entire in 2024, that wasn’t a lot consolation to the minds that truly make video games. In January alone, Microsoft’s gaming division laid off some 1,900 individuals. Different well-known corporations that put individuals out of labor included Sony, Eidos, Epic, Bungie, Digital Arts, Riot Video games, Take-Two, and Ubisoft. By the tip of the 12 months, over 14,000 individuals had been affected.
There have been additionally some surprising studio closures, reminiscent of Arkane Austin and Volition. It appeared like nobody was secure — even Tango Gameworks went down, regardless of the recognition of Hello-Fi Rush. That one was rescued by PUBG house owners Krafton, no less than.
What was behind all of it? The reply to that’s complicated, various from firm to firm, however some elements at play included costly budgets, trade consolidation, and unhealthy bets, reminiscent of “reside service” video games that failed to attract gamers from stalwarts like Fortnite and Rainbow Six: Siege.

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2 The Harmony flame-out
One of the spectacular post-E.T. disasters
Sony/Pocket-Lint
Talking of reside service tragedies, essentially the most notorious one this 12 months was Harmony. The hero shooter was developed by Firewalk Studios, and printed by Sony, which had ambitions of turning it into a serious new franchise. It took some eight years to develop, and had a price range within the lots of of tens of millions, partly to help elaborate CG cutscenes telling an ongoing story. That price range could have been as excessive as $400 million — which, if true, would put it above blockbuster films like Avengers: Endgame or Avatar: The Approach of Water.
Bother started earlier than Harmony was even launched. A Might 2024 CG trailer produced a lukewarm response, with some critics evaluating it to an imitation Guardians of the Galaxy. In July, a beta take a look at attracted few gamers, in addition to media feedback that the sport was little greater than superb, at greatest.
Its August launch was bleak. In its first few days, it offered simply 25,000 or so copies throughout Steam and the PlayStation Retailer — lower than what many video games with its price range promote in a matter of hours. The product was quickly delisted, and by September 6, its servers had been offline. A month later, Sony nixed any likelihood of reviving the sport and determined to shut down Firewalk.
How a lot was Sony relying on Harmony? The corporate even managed to get an episode in Amazon’s Prime Video gaming anthology present, Secret Stage. Right now, that is the one remnant of Harmony you may pay for.

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The perfect-selling sport of the 12 months
EA Sports activities
The web makes it attainable to get caught in bubble communities that suppose they signify the general public at massive, whether or not which means gaming, politics, or the rest. With regards to gaming, these bubbles may persuade you everyone seems to be taking part in titles like Astro Bot or Name of Responsibility: Black Ops 6.
These titles have accomplished very properly, however within the US, the best-selling sport of 2024 (based on Circana information) was truly EA Sports activities School Soccer 25 — beating out not simply Black Ops 6, however Madden 25, the most recent in EA’s decades-long NFL franchise. Sports activities are at all times common, however the sport could have been additional helped by the near-fanatic devotion some People have to school groups. Essential critiques have been largely constructive as properly, so it isn’t like each Longhorns or Crimson Tide fan was mindlessly scooping it up.

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4 The devilish unfold of Balatro
Deceptively easy, tremendously addictive
Apple / Balatro / Pocket-lint
Turning to the indie world, the sport everybody was speaking about this 12 months was Balatro. It is a important darling, and promoting like hotcakes throughout a number of platforms. It is presently the top-selling game for iPhones and iPads, regardless of costing $10 — a value most cellular avid gamers appear to balk at until it includes subscriptions or in-app purchases. With Balatro, although, there’s only a one-time entry price.
It would not appear to be it ought to be an enormous deal at first, no pun meant. There are not any explosions, no million-dollar cutscenes. It is a card sport during which you play poker arms to attain chips. It would not truly play like poker, thoughts. In reality, any sound technique facilities round exploiting its bonus playing cards, which might flip even a Two Pair right into a play that wins a blind in a single hand. It is that rush of feeling such as you “broke” the sport’s mechanics that retains individuals coming again.

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5 Union actions making progress
A brand new hope for the trade
Blizzard Leisure
A perpetual downside in gaming has been working situations. Whereas the general state of affairs has improved over the a long time, improvement groups are nonetheless typically anticipated to place in “crunch” hours, working to exhaustion for little to no additional pay. Even then, as 2024 has sadly demonstrated, executives may be all too keen to put individuals off when a venture is completed or would not hit as laborious because the C-suite calls for.
Unions gathered some steam this 12 months, Polygon notes, principally on account of staff at manufacturers underneath the Microsoft banner. These included ZeniMax, Bethesda, and the World of Warcraft crew at Blizzard. Group has additionally been underway at different corporations as properly together with Sweden’s Avalanche and Poland’s CD Projekt Purple.
Will unions proceed to develop in 2025? There isn’t any telling but, however they’re more and more more likely to have some type of influence, even when that solely means difficult administration in fraught financial instances.

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