Update: This article was amended to more accurately communicate the allegations presented in Bloomberg's original report.A day after teaming with Savvy Games Group to provide financial support developers in Saudi Arabia, Xsolla is now under fire for its CEO allegedly treating the company like his "personal piggy bank."Per Bloomberg, six former executives have filed lawsuits against Xsolla or CEO Aleksandr "Shurick" Agapitov since 2019. Two of those lawsuits voiced concerns about the company's financial practices or how Agapitov used cash from the game-focused commerce platform, with one allegation claiming he transferred $120 million in company money to his personal accounts between 2021 and 2023.Of that, nearly $70 million (or 64 percent) was transferred in 2…

Atari is taking a different approach to publishing. Under the stewardship of CEO Wade Rosen, the company revived the Infogrames label earlier this year to "publish games that fall outside the core portfolio of IP associated with the Atari brand," while also developing new collections and sequels.Speaking to Game Developer about Atari's publishing drive at Gamescom 2024, Rosen said the company hopes to position Infogrames as a "preservationist" publisher that can acquire franchises from developers who simply don't have the resources or bandwidth to support them anymore."Infogrames is pretty unique in that we had a lot of opportunities coming to us of games or IPs that people wanted to sell because they felt like they shouldn't just disappear," sa…