TGE Index Investment Report - Q4 & Year-End 2020
2020 highlights - Total investment and M&A activity across the video games industry tracked by the TGE Index through April-December 2020 reached USD$37.890bn from 406 disclosed transactions (501 total). Adding averaged publicly-available data for Q1 gives a full-year approximation of USD$40.572bn [...]
XR Revenue to Reach USD$14.9bn in 2023; Nintendo mobile games generate USD$1.08bn (£829m)
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: XR revenue to reach USD$14.9bn (£11.4bn) in 2023; Nintendo mobile games generate USD$1bn (£768m); and Disney to close Fogbank Entertainment. XR revenue to reach USD$14.9bn (£11.4bn) in [...]
55% of UK Dev Jobs Are Outside of London and the South East; Atari to Open Gaming Hotels
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: 55% of UK dev jobs are outside of London and the South East; Atari to open gaming hotels; and USD$10m-plus (£7.68m-plus) contracts for top streamers departing Twitch 55% [...]
Facebook Gaming Increases Audience Share; China Launches Mental Health Initiative Targeting Gaming
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Facebook Gaming increases audience share; China regulators launch mental health initiative targeting gaming; Pokemon GO generated USD$894m (£684m) in 2019; and Hamburg launches €2.08m (£1.77m) developer [...]
Games grew 4% in 2019 to USD$120.1bn (£91.8bn); Razer applies for Digital Full Bank License
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Games grew 4% in 2019 to USD$120.1bn (£91.8bn); Razer applies for Digital Full Bank License in Singapore; and Xiaomi set to invest CNY¥50bn (£5.5bn) in AI, [...]
Tencent Partners with NVIDIA for START; Nreal Files Magic Leap Counter Lawsuit
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent partners with NVIDIA for START; Nreal files Magic Leap counter lawsuit; and Rambler Media Group drops Twitch claim. Tencent partners with NVIDIA for START Tencent and NIVIDIA [...]
Qualcomm and Niantic Collaborating on New AR Glasses; Wildlife Studios Raises USD$60m (£45.7m)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Qualcomm and Niantic collaborating on new AR glasses; Wildlife Studios raises USD$60m (£45.7m) for mobile portfolio; Gameloft closes UK studio. Qualcomm and Niantic collaborating on new AR [...]
Apple AR Headset Delayed Until 2022; Stadia to Launch with 12 Titles
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Apple AR headset delayed until 2022; Stadia to launch with 12 titles; and Starbreeze submits plan to pay off debts. Apple AR headset delayed until 2022 Apple is [...]
10 Billion Mixed Reality App Installs Predicted by 2024; MR Ad Spend to Hit USD$11bn (£8.54bn)
'Mixed reality' content will see 10 billion app installs by 2024, up from 3 billion in 2019, says a new report. The prediction comes from research and analytics outfit Juniper Research, which has published the results of a new study titled [...]
Google Open-Sources Cardboard VR Software
Google has made the software for its Cardborad VR system open-source, with a view to letting third-party developers continue to support the platform and existing apps. The announcement came via a Google blog post, and is as much and end-point as [...]
Niantic Establishes Developer Fund & Location Sponsorship; China & US Agree to Roll Back Tariffs
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Niantic establishes developer fund and location sponsorship; China and US agree to roll back tariffs; and US gaming spending reaches USD$9.18bn (£7.13bn) in Q3 2019. Niantic establishes [...]
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