TGE Index Investment Report - Q4 & Year-End 2020
Facebook is reportedly pursuing acquisitions and exclusivity deals in an effort to supply its VR hardware with big name, triple-A productions. That is according to The Information, which cites two insider sources with knowledge on the matter. One of those sources [...]
XR to Generate USD$6.3bn in 2020; Raven Raises USD$1.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: XR to generate USD$6.3bn (£5.1bn) in 2020; Raven raises USD$1.4m (£1.1m); and demand for Chinese localisation falls. XR to generate USD$6.3bn (£5.1bn) in 2020 The global extended reality [...]
Digital Games Spend Hits Record USD$10bn; Epic Targets New Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Digital games spend hits record USD$10bn (£8.1bn); Epic targets new funding; and Magic Leap lays off approximately 1000 staff. Digital games spend hits record USD$10bn (£8.1bn) Global digital [...]
Samsung Ventures Ups DigiLens Investment; Nintendo to Boost Switch Production
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Samsung Ventures ups DigiLens investment; Nintendo to boost Switch production; and Unruly partners with Ampverse for esports video investment programme. Samsung Ventures ups DigiLens investment Samsung Venture Investment [...]
Niantic Acquires 6D.ai; iDreamSky & CVC to Lower Leyou Bid
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Niantic acquires 6D.ai; iDreamSky and CVC to lower Leyou bid; and mobile gaming on the rise during Covid-19. Niantic acquires 6D.ai Niantic has acquired fellow augmented reality (AR) [...]
Bazooka Tango Raises USD$2.5m; Samsung to Shutter PlayGalaxy Link
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bazooka Tango raises USD$2.5m (£2.0m); Samsung to shutter PlayGalaxy Link; and Impressivo secures Series A funding. Bazooka Tango raises USD$2.5m (£2.0m) Nascent studio Bazooka Tango, formed by the [...]
Epic Games Acquires Cubic Motion; USD$4.1bn Invested in XR in 2019
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games acquires Cubic Motion; USD$4.1bn (£3.2bn) invested in XR in 2019; Super League Gaming posts net loss of USD$30.6m (£24.1m); and GameStop shareholders demand board [...]
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 [...]
Google Rolls Out Hypercasual Platform; CD Projekt Now Europe's Second-Largest Game Company
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Google rolls out hypercasual platform for low spec devices and networks; CD Projekt now Europe's second-largest game company; and Oculus making 'significant headway' against HTC's VR [...]
The 5 Biggest Feature Trends Shaping the Mobile Game Market in 2020
In this special contributed feature by Wilhelm Voutilainen, senior game analyst at GameRefinery looks at what we can learn about mobile gaming by looking back to the previous year, pulling insights from the company's considerable pool of data. --- So here we [...]
Digital Drives 68.7% of EA's Q3 Net Revenue; Zuckerberg Still Committed to AR and VR as 'the Holy Grail of Social'
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Digital drives 68.7% of EA's Q3 net revenue; Zuckerberg still committed to AR and VR as 'the holy grail of social experiences'; and Global Game Jam [...]
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