Unity Software, which attempted a chaotic series of pricing changes for its video game developer customers last month, has a new CEO.
shares moved firmly higher in pre-market trading following the surprise departure of CEO John Riccitiello following controversial price changes unveiled at the video game developer late last month. each.
Unity had said it would limit fees for developers for 4% of a game's revenues for those generating more than $1 million in sales, and suggested the new structure would apply retroactively, We have heard you. We apologize for the confusion and angst the runtime fee policy we announced on Tuesday caused. We are listening, talking to our team members, community, customers, and partners, and will be making changes to the policy.
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Unity Software’s Chairman, CEO John Riccitiello leaving companyWallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area. Based in San Francisco, his current focus is on the more exciting world of semiconductors, videogames and cybersecurity, when he's not churning out earnings coverage. Follow him on Twitter at: wmwitkowski.
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