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Disney Completes Third Wave of Mass Layoffs; Cost Restructuring Reshapes Business Strategy & Triggers Structural Changes Across Global Entertainment Industry

Posted on by Awn China

On July 21, 2026, The Walt Disney rolled out its third company-wide round of layoffs this year, cutting hundreds of employees across core divisions including Pixar Animation Studios, National Geographic, ESPN and corporate functional departments. This workforce reduction is not a short-term emergency measure, but a core overhaul launched by newly appointed CEO Josh D’Amaro[…..] […]

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Final Fantasy VII: Ever Crisis to Cease Global Operations This October: Root Causes, Player Impacts and Strategic Adjustments for Square Enix Mobile Business

Posted on by Awn China

Square Enix pulls the plug on FF7: Ever Crisis after less than three years; Sluggish revenue growth forces strategic reshuffle of its mobile game portfolio Square Enix officially issued an end-of-service notice on July 7, 2026, confirming that its cross-platform free-to-play RPG Final Fantasy VII: Ever Crisis will permanently shut down at 11 PM PDT on[…..] […]

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Gather Your Blades for August 11 as Swordcery Enters Early AccessHack, slash, and hack again in this roguelite adventure where each sword has a story to tell.

Posted on by Awn China

Every knight needs a sword! And come August 11th, you can collect the most dangerous and unimaginable blades in the world of Armorial when Swordcery launches in Early Access. Founded by two cinematic artists who helped bring 2018’s God of War to life, Temple Door Games is set to deliver a hack-and-slash roguelite ARPG that[…..] […]

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The 5th KKWORLD KuaiKan Comic Park Takes Place in Guangzhou, Energizing New Vitality for Original Chinese Comic IPs via Immersive Offline Ecosystem

Posted on by Awn China

From July 17 to 20, the 5th KKWORLD KuaiKan Comic Park opened grandly at the Poly World Trade Center Expo in Pazhou, Guangzhou. As a benchmark offline event focused on original Chinese comics, the exhibition welcomed over 58,000 visitors on its opening day. Legions of comic fans gathered on-site to experience diverse IP content ecosystems[…..] […]

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Stop-Motion Short *Into the Forest* Claims Young Audience Award at Annecy Festival, Elevating Swiss Animation on Global Stage

Posted on by Awn China

Antonin Niclass’ Stop-Motion Gem *Into the Forest* Wins Annecy Young Audience Award, Celebrating Creativity and Swiss Handcrafted Animation LONDON, June 27, 2026 – The 2026 Annecy International Animation Film Festival, widely hailed as the “Oscar of Animation”, has handed its coveted Young Audience Award to Swiss stop-motion short film *Into the Forest*, helmed by award-winning[…..] […]

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Wield magic. Forge friendships. Become a hero in Unicorn Academy: Island of Magic.

Posted on by Awn China

Publisher Mindscape, development studio Aesir, and leading global children’s entertainment company Spin Master have teamed up to create a game based on Spin Master’s fantasy adventure series Unicorn Academy™. Filled to the brim with magical adventures, the game invites players to bond with their unicorn, wield powerful elemental magic, and uncover the many secrets hidden[…..] […]

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Anthony Neoh: IPO Back on Top Globally, But Sponsor Price Wars Could Hurt Quality

Posted on by Awn China

In recent years, regulators in mainland China and Hong Kong have stepped up cooperation to guard against financial risks. It is said that the core philosophy of regulation lies in “striking an appropriate balance between private interests and the public good”, treating supervision as a dynamic art. Yet Anthony Neoh, a senior counsel who once[…..] […]

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H1 2026 Chinese Animation Industry Summary: Differentiated Layout Across Platforms, Premium Annual Series Lead Streaming Rankings

Posted on by Awn China

In the first half of 2026, the Chinese animation (Guoman) sector on mainstream domestic video platforms achieved sustained quality improvement and content expansion. Tencent Video, Youku, Bilibili and iQiyi have built a differentiated, featured and high-quality content ecosystem based on their respective positioning. Focusing on classic cultivation, fantasy, urban superpower, folk adventure and other diverse[…..] […]

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Wuthering Waves Version 3.5 Is Out Now on PC, Mobile, PS5, and Xbox

Posted on by Awn China

Wuthering Waves Version 3.5, “Blade of Past Resounds, Lingering Dream Hymns,” is out now. This latest major update introduces Mengzhou: Land of Xuanfang, a new region for Rovers to explore, alongside new Main Quest chapters, new Resonators, new weapons, limited-time events, and a range of gameplay optimisations. Version 3.5 also marks the launch of Wuthering[…..] […]

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It’s a Dwarf’s Life in the Mines: Dwarf Delve to Release on July 27th

Posted on by Awn China

Grab your Battlemallet and get ready to delve into a rogue-lite extraction adventure! Gloom Box and indie.io today announced that Dwarf Delve will launch on Steam on July 27th 2026, bringing a high-stakes new spin to the rogue-lite and loot-extraction genres.   In Dwarf Delve, players descend into procedurally generated mines where every run is[…..] […]

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