Category: News

Industry Turmoil: Global Game Industry Hit by Mass Layoffs and Studio Closures; Restructuring Reshapes Its Future Landscape

Posted on by Awn China

In the post-pandemic era, the global video game industry has bid farewell to the robust growth driven by pandemic-era tailwinds and entered a profound adjustment phase marked by widespread layoffs, studio shutdowns and business contraction. This sweeping market reshuffle stems from a combination of overexpansion during the pandemic, skyrocketing development costs, shifting player consumption habits,[…..] […]

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Steam Next Fest June 2026 Underway, A Flood of Chinese Indie Games Hit Global Demo Stage

Posted on by Awn China

Steam Next Fest June 2026 is fully online and runs until June 22. The event hosts hundreds of free playable demos across RPG, strategy, action, platformer, wuxia roguelike and countless other genres. Chinese and East Asian indie titles have seen a sharp surge in volume and popularity this edition. A lineup of original Chinese games[…..] […]

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MISTFALL HUNTER LAUNCHES JULY 29, CONFIRMS OPEN BETA WITH NEW PLAYABLE CLASS

Posted on by Awn China

Bellring Games’ extraction-action debut reveals the “Withered Knight”: a fallen-knight greatsword class built around marking, detonating, and dragging enemies into the killBellring Games and publisher Skystone Games today announced that Mistfall Hunter will launch on July 29, 2026. The studio also confirmed the game’s participation in Steam Next Fest as well as on Xbox and[…..] […]

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Legendary Saga Concludes! Final Fantasy VII: Revelation Officially Unveiled, Trilogy Finale Launches Across All Platforms in Spring 2027

Posted on by Awn China

During the 2026 Summer Game Fest livestream, Square Enix officially revealed Final Fantasy VII: Revelation, the highly anticipated finale of the Final Fantasy VII Remake trilogy. Scheduled for release in Spring 2027, the game coincides with the 30th anniversary of the original Final Fantasy VII, bringing a glorious conclusion to the modern reimagining of the iconic[…..] […]

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Epic Crossover Arrives! Wuthering Waves Version 3.4 “The Dream Not Dreamed” Launches, Teaming Up with Cyberpunk: Edgerunners for an Interdimensional Adventure

Posted on by Awn China

On June 8, 2026, Kuro Games officially launched Version 3.4 “The Dream Not Dreamed” for its open-world action role-playing game Wuthering Waves. The highlight of this update is the full-scale crossover with the classic anime Cyberpunk: Edgerunners. It brings immersive crossover storylines, limited characters, exclusive maps, a time-limited boss, brand-new weekly gameplay, generous rewards and a[…..] […]

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Presentation of the Mifa Animation Industry Award

Posted on by Awn China

  Last night, the International Animation Film Market handed out its Mifa Animation Industry Award, a prize honoring professionals whose latest achievements have had a striking impact on the industry. This year, Mifa chose to reward professionals from seven production companies, standard-bearers for French animation at the 2026 Oscars: Sophie Mas and Natalie Portman – MountainA[…..] […]

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A New Chapter for Chinese Animation: Integration of Digital Intelligence and Global Exchange – The 22nd China International Cartoon & Animation Festival Concludes Successfully

Posted on by Awn China

  The 22nd China International Cartoon & Animation Festival (CICAF) was held in Hangzhou and drew to a successful close in mid-June 2026. Marking two decades since the festival settled in Hangzhou, the event adopted the annual theme “Animation Summit in Hangzhou, Jointly Drawing a New Chapter for Animation”. Upholding the mission of “A Grand[…..] […]

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European Gaming Industry Roundup 2026: Revamped Exhibition Layout & Booming Market Heat Usher in a Diversified New Landscape

Posted on by Awn China

A string of major developments has recently unfolded across Europe’s gaming sector, covering the restructuring of large-scale comprehensive gaming expos, preparations for regional gaming events, reshuffles of regional market sales charts, and strategic roadmaps shared by leading publishers. From the suspension of Vienna’s long-running flagship gaming show and its blueprint for a revamped format, to[…..] […]

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Star Wars: Galactic Racer™ explores bitter rivalries at Summer Game Fest

Posted on by Awn China

Learn more about the runs-based story campaign and discover new location Derven Acos in the new trailer Publisher: Secret Mode | Developer: Fuse Games | Platforms: PS5, Xbox Series X|S, PC Release Date: October 6th, 2026 | Players: 1-12 | Rating: Pending Star Wars: Galactic Racer™, the upcoming Star Wars™ racing adventure made in collaboration[…..] […]

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Japanese Entertainment Giant FuRyu Establishes Wholly-Owned Subsidiary in Guangzhou to Deepen China ACG Market Layout

Posted on by Awn China

On June 18, 2026, Japanese comprehensive entertainment firm FuRyu officially announced the completion of all registration procedures for its fully-owned Chinese subsidiary, FuRyu of China, Inc. (Guangzhou Fuyou Entertainment Co., Ltd.). With registered capital of 22 million RMB and 100% equity held by FuRyu, the Guangzhou-based entity will serve as the brand’s regional headquarters for[…..] […]

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