Blizzard co-founder’s game startup struggles amid industry glut


People play video games during Gamescom 2025, a computer and video game industry event, in Cologne, Germany. Many of the new games struggling to find their audience are designed for multiple players at once, a particularly saturated genre, but one that looks to generate revenue from recurring in-game purchases, not quick upfront sales. — Reuters

Mike Morhaime, a co-founder of video-game giant Blizzard Entertainment, sent a letter to staff at his new company Dreamhaven this week that he wished he didn’t have to write.

One month after Dreamhaven launched Wildgate, a multiplayer shooter game, the company had sold just 130,000 units, according to the letter, which was seen by Bloomberg News. The company’s other game, Sunderfolk, sold just 62,000 copies since its April debut, Morhaime wrote. 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Accenture beats quarterly revenue estimate
Trump Media, TAE Technologies to combine in $6 billion deal
Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports
UPS company deploys AI to spot fakes amid surge in holiday returns
US crypto industry cheers 2025 wins, but party may fizzle next year
Russian ban on Roblox stirs debate about limits of censorship
A dashcam tracked the road rage of UK man who drove into football parade
Micron surges on upbeat profit forecast as chip prices soar
One Tech Tip: Tis the season to unplug and enjoy the holidays IRL
France probes 'foreign interference' after malware found on ferry

Others Also Read