TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Focus Home Interactive acquires Deck13; Keywords purchases Coconut Lizard; and Koch Media launches Americas publishing unit. Focus Home Interactive acquires Deck13 Paris-based publisher Focus Home Interactive has acquired [...]
Apple Terminating Arcade Games for Retention; PlayBrain Raises USD$6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple terminating Arcade games for retention; PlayBrain raises USD$6m (£5m); and Mountaintop Studios formed. Apple terminating Arcade games for retention Apple Inc. is reportedly cancelling development contracts with [...]
Epic Games Targets USD$17bn Valuation; Ubisoft Opens Vietnam Studio
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games targets USD$17bn (£14bn) valuation; Ubisoft opens Vietnam studio; and Gearbox Software sues Apogee Software. Epic Games targets USD$17bn (£14bn) valuation Epic Games is set to raise [...]
Wave Raises USD$30m; Baidu Acquires Redfinger
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Wave raises USD$30m (£24m); Baidu acquires Redfinger; and UK to launch APAC Digital Trade Network. Wave raises USD$30m (£24m) Los Angeles-based digital concert broadcaster Wave has raised USD$30m [...]
ESRB Introduces Loot Box Labelling; Kumu Raises USD$5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESRB introduces loot box labelling; Kumu raises USD$5m (£4m); and Mighty Jaxx raises SGD$4.5m (£2.5m). ESRB introduces loot box labelling The Entertainment Software Rating Board (ESRB) has introduced [...]
Embracer Group Raises SEK1.65bn; N3TWORK Opens USD$50m Dev Growth Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group raises SEK1.65bn (£133m); N3TWORK opens USD$50m (£40m) developer growth fund; and Quest Ventures raises USD$50m (£40m) VC fund. Embracer Group raises SEK1.65bn (£133m) Embracer Group AB [...]
Twitch Content at All-Time High; Japan Plans Esports Expansion
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Twitch content at all-time high; Japan plans esports expansion; and controversy over Gearbox bonuses. Twitch content at all-time high Streamlabs and Stream Hatchet will report later today (2nd [...]
Gaming Firms Allegedly Benefiting from Forced Labour; Sonatic Raises €2.3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gaming firms allegedly benefiting from forced labour; Sonatic raises €2.3m (£2.0m); Curve Digital partners with H2 Interactive; and Zordix acquires Invictus Games. Gaming firms allegedly benefiting from [...]
Global Esports Revenue to Hit USD$1.1bn; Facebook Acquires Sanzaru Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Global esports revenue to hit USD$1.1bn (£848m); Facebook acquires Sanzaru Games; and PlatinumGames establishes new studio. Global esports revenue to hit USD$1.1bn (£848m) The esports economy is predicted [...]
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