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 [...]
Apple and Valve Rumoured to be Partnering on AR Headset
Apple is rumoured to be working with game outfit Valve on an augmented reality headset that may be due for release next year. Citing industry sources, DigiTimes points to late 2020 as the earliest reasonable debut for unnamed headset, and identifies [...]
Bidstack Launches in the US; EA Data Breach Affects 1600 Fifa 20 Global Series Competitors
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Bidstack launches in the US; EA data breach affects 1600 Fifa 20 Global Series competitors; and Reality Gaming Group to raise £1.5m. Bidstack launches in the US Bidstack [...]
Admix's Vision for Ads as Game Assets: Moving From 'Ad Tech' to 'Game Development Tool'
Game development sometimes has a complicated relationship with ad tech. Advertising solutions might help pay the bills, but they are often seen as something 'other'; an entity that is separated from the technology that is used to actually make games. It’s [...]
Magic Leap debuts first Independent Creator Program game
The first game supported by Magic Leap's Independent Creator Program has gone live for the outfit's long-hyped AR platform. Portuguese studio ONTOP's PuzzlAR: World Tour is a casual 3D jigsaw puzzle game, and in fact a tweaked port of a mobile [...]
Bigben Acquires Spiders; My.Games Incurs Impairment Charge of RUB₽630m (£7.99m)
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Bigben acquires Spiders; My.Games incurs impairment charge of RUB₽630m (£7.99m); and Bandai Namco debuts tori, an AR-infused play kit. Bigben acquires Spiders Bigben Interactive has acquired fellow French development [...]
Niantic Shuts Down Field Trip; Growth Slows on Twitch
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Niantic shuts down Field Trip; Growth slows on Twitch; Respawn forces cheaters to fight each other. Niantic shuts down Field Trip Niantic has announced that it will be shutting [...]
Games Make Up Almost 75% of Global Mobile Spend in H1 2019; League of Legends is Most Viewed Game on Twitch
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Games make up almost 75% of global mobile spend in H1 2019; League of Legends is most viewed game on Twitch; Pokémon GO grosses USD$2.65bn (£2.12bn) in [...]
Bungie Delays Destiny 2 Patch to Avoid Crunch; Harry Potter Wizards Unite Shifts 400,000 Units in First 24 Hours
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Bungie delays Destiny 2 patch to avoid crunch; Harry Potter Wizards Unite shifts 400,000 units in first 24 hours; and subscription model won't replace traditional game sales [...]
PUBG Mobile Is Now The World’s Most Popular Mobile Game; Niantic Suing Global++ Hacking Association
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: PUBG Mobile is now the world’s most popular mobile game, Niantic suing Global++ hacking outfit, buys Sensible Object; and Oculus Quest sells USD$5m (£3.98m) of content in [...]
Against Gravity secures USD$24m investment in VR social gaming space Rec Room
Seattle start-up Against Gravity has raised USD$24m (£18.9m) of VC funding. The money will help bolster Rec Room, the studio's blend of social space, game compilation and user content generation platform. As reported by TechCrunch, Against Gravity raised the investment over [...]
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