Major Announcements and Releases Highlight Video Game Industry on December 5

The video game industry saw several noteworthy developments on December 5, 2019, ranging from major game releases to significant industry announcements that could shape future trends.

Resident Evil 3 Remake Revealed

In a surprising move, Capcom announced the highly anticipated Resident Evil 3 remake during their press conference. This announcement was met with excitement among fans of the survival horror series who have been eagerly awaiting more titles in this iconic franchise. The game is set to release on April 3, 2020, and will offer a refreshed take on the classic story, featuring Jill Valentine as the protagonist once again.

PlayStation’s Next-Gen Console Pricing Details

Sony Electronics Inc., during their earnings call, provided more details about pricing for their upcoming PlayStation 5 (PS5). The company announced that they would be offering two models: one with a standard HDD storage and another with a faster SSD. This move aims to cater to different consumer segments by providing flexibility in terms of performance versus cost.

Ubisoft Announces New IP

In an attempt to diversify their portfolio beyond established franchises, Ubisoft unveiled details about their upcoming original title, "Immortals Fenyx Rising." The game is a Greek mythology-themed action-adventure that aims to appeal to fans of titles like "God of War" and "Assassin's Creed." Scheduled for release in early 2021, this marks Ubisoft’s commitment to exploring new intellectual properties.

Activision Blizzard Reports Strong Q3 Earnings

In financial news, Activision Blizzard released their third-quarter earnings report. The company reported a significant increase in revenue driven by strong performance from franchises such as "Call of Duty" and "Overwatch." This robust financial health positions the company well for ongoing investment in new game development and live services.

Outlook

The announcements made on December 5, 2019, indicate a continued focus on both remastering classic titles to appeal to nostalgia-driven consumers and innovating with fresh IPs. Additionally, the pricing strategy of Sony’s PS5 highlights the industry's approach to balancing high-performance gaming with accessibility for a broader audience.

As we move closer to the holiday season, expect more reveals from other major publishers aiming to capture attention in an increasingly competitive market. The coming months will be crucial for these titles as they gear up for their respective releases, setting the stage for what promises to be another exciting year ahead in the gaming industry.