The former CEO of game engine maker Unity did not leave on good terms. John Riccitiello resigned following a troubled pricing battle that led to a significant backlash from game developers. Matthew Bromberg took over as CEO about 90 days ago, resulting in changes to the executive team. In his initial earnings call, Bromberg emphasized the importance of creating a culture of execution and accountability within Unity. The company reported a slight improvement in its Q2 adjusted earnings, leading to a modest increase in its stock price. Bromberg’s approach so far has been positive, and despite previous challenges, the situation seems to be improving.
I recently had the opportunity to speak with Bromberg about his strategies and experiences during his first few months in office. He expressed his focus on meeting with staff and customers to gather feedback and insights. Bromberg emphasized the need for Unity to become better partners, produce more stable products, and deliver increased value to customers. These goals have been a source of inspiration for him in his new role.
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Despite undergoing workforce reductions and organizational changes, Unity remains a vital player in the game development industry with approximately 5,000 employees. Alongside Epic Games’ Unreal Engine, Unity continues to be a key platform for game developers. While facing stiff competition from Epic Games, as seen in the success of Fortnite, Unity is also encountering new challengers in the form of open-source game engines like Godot. The upcoming launch of Unity 6, the latest version of its game engine, is set to focus on AI capabilities.
In my discussions with Bromberg, we delved into various topics, including the company’s direction, future plans, and industry trends. Bromberg expressed his focus on operational efficiency, product development, and customer satisfaction. Unity’s evolution under his leadership seems promising, with a keen eye on industry dynamics and customer needs.
GamesBeat: How long have you been at Unity now?
Matthew Bromberg: It’s been 90 days. I have it all figured out!