Unity CEO John Ricciello is stepping down

October 9, 2023 by No Comments

A new tweet from Bloomberg Jason Schreier stated Unity CEO John Riccitiello said he is stepping down from the company.

The report comes after the company announced in September that it would be making sweeping changes to its monetization and royalty policies. In short, the changes mean developers will have to pay royalties every time a player installs a game. Depending on the subscription the developer subscribes to and the number of installs, this fee ranges from $0.005 to $0.20 per install.

The announcement was heavily criticized online and the company closed its offices due to “credible” death threats.

Several days after the announcement, Unity apologized for the ‘confusion and anxiety’ and announced changes to its plan.

“I want to start with this: I’m sorry,” Unity Create Lead Mark Whitten said. “We should have talked to more of you and incorporated more of your feedback before announcing our new runtime fee policy.”

Until the new policy changes, Unity will keep the Unity Personal plan free and not include a runtime fee for games built on the plan. The plan raises the income limit from $100,000 to $200,000 and removes the “Made with Unity” splash screen requirement.

“No game with less than $1 million in trailing 12-month revenue is subject to the fee” He \ he said.

However, the change and announcement seem to have been too much for Unity and its investors, with CEO John Ricciello reportedly resigning.

Riccettiello became CEO of Unity Technologies in late 2014, having previously consulted for and joined the technology company’s board in November 2013.

For more from Insider Gaming, check out news that XDefiant is delayed again without a new release date.

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