American video game holding company based in New York City, owner of Rockstar Games, 2K and Zynga
The PlayStation brand has announced it will end physical disc production for new games starting January 2028, shifting to digital-only releases. Boxed versions will include download codes. Analysts say the move will improve margins, but consumers will lose resale options and used-book value.
Electronic Arts has been taken private in a $55 billion deal led by Saudi Arabia's PIF, with Silver Lake and Affinity Partners. The move delists EA from Nasdaq and adds $20 billion in debt. Analysts expect a focus on core franchises and potential cost-cutting. Regulators approved the deal, and governance implications are under scrutiny.
Rockstar Games has apologised after leaked Grand Theft Auto 6 footage circulated online. Netflix will host a special extended look ahead of the game’s November release, while the company investigates the source of the leaks and legal steps are being considered.
Rockstar Games has opened digital-only preorders for Grand Theft Auto VI, offering a $79.99 Standard Edition and a $99.99 Ultimate Edition for PS5 and Xbox Series X/S. The game has faced repeated delays, an extensive leak campaign, and accusations of union-busting after Rockstar fired more than 30 employees; a Netflix preview event and leaked clips have already circulated.
Rockstar North workers have testified at an employment tribunal in Glasgow, with claims that some were unfairly dismissed for trade union activity. Rockstar denies the claims, saying dismissals followed gross misconduct after sharing confidential information. The tribunal is ongoing as GTA VI nears release.
Netflix has announced significant leadership changes and a major round of layoffs as it grapples with slowing engagement and fierce competition. The company has replaced Bela Bajaria with Peter Rice and is restructuring its film unit, while still pursuing a streaming-first strategy and exploring limited theatrical windows for certain titles.