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 [...]
Microsoft Gaming Revenue up 22%; Sony Sees Strong Digital Growth
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft gaming revenue up 22%; Sony sees strong digital growth; and CD Projekt Red delays Cyberpunk 2077 for third time. Microsoft gaming revenue up 22% Microsoft has released [...]
Huya and DouYu to Merge; Take-Two Interactive Acquires Ruffian Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huya and DouYu to merge; Take-Two Interactive acquires Ruffian Games; and misleading Playrix adverts banned in the UK. Huya and DouYu to merge Chinese video game streaming firms [...]
"Significant" Ramifications Warned from Epic vs Apple Case; Dapper Labs Raises USD$18m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: "Significant" ramifications warned from Epic vs Apple case; Dapper Labs raises USD$18m (£13.8m); and Talon Esports secures USD$2m (£1.5m) seed funding. "Significant" ramifications warned from Epic vs [...]
ESL and DreamHack Merge; Tencent Acquires "Major Stake" in 10 Chambers
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESL and DreamHack merge; Tencent acquires "major stake" in 10 Chambers; and Nintendo piracy store to pay USD$2m (£1.6m). ESL and DreamHack merge Modern Times Group (MTG) has [...]
PlayStation 5 Launch Details Revealed; Bayes Holding Raises USD$6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStation 5 launch details revealed; Bayes raises USD$6m (£4.6m); and Keywords Studios acquires Heavy Iron Studios. PlayStation 5 launch details revealed Sony has announced that the PlayStation 5 [...]
Sony Cuts PS5 Production by 4 Million Units; Facebook Oculus Quest 2 Leaked
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony cuts PS5 production by four million units; Facebook Oculus Quest 2 leaked; and CNET Media Group sold to Red Ventures for USD$500m (£389m). Sony cuts PS5 [...]
GameStop Posts USD$111m Loss; Xbox Series X Launch Details Revealed
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameStop posts USD$111m (£85.6m) loss; Xbox Series X launch details revealed; and Grimorio of Games and JanduSoft secure USD$450,000 (£346,900). GameStop posts USD$111m (£85.6m) loss Video game retailer [...]
Microsoft Reveals Xbox Series S; PUBG Corp. Axes Tencent India Publishing Contract
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft reveals Xbox Series S; PUBG Corp. axes Tencent India publishing contract; and WinZo raises USD$18m (£14m). Microsoft reveals Xbox Series S Microsoft has officially unveiled its next-generation [...]
Unity Files for IPO; US Court Partially Upholds Epic Injunction Against Apple
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity files for IPO; US court partially upholds Epic injunction against Apple; and Nintendo rumoured to launch new Switch console in 2021. Unity files for IPO Video game [...]
Embracer Group Acquires 8 Studios; Tencent Gaming Revenue up 40%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires eight studios; Tencent gaming revenue up 40%; and Stillfront Group EBITDA climbs 159%. Embracer Group acquires eight studios Karlstad-based video games holding company Embracer Group [...]
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