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 Bullish on Xbox Supply Chain; Tencent Replaces DouYu and Huya Directors
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft bullish on Xbox supply chain; Tencent replaces DouYu and Huya directors; and Big Run Studios raises USD$1.4m (£1.2m) from Galaxy Interactive. Microsoft bullish on Xbox supply [...]
USD$4.2m Seed Round for Pragma; Lince Works Raises USD$3.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: USD$4.2m (£3.2m) seed round for Pragma; Lince Works raises USD$3.4m (£2.6m); Joy-Con drift lawsuit referred to arbitration; Daniel Alegre appointed as COO and president of Activision [...]
European Mobile Gaming Share to Contract; Speedinvest Raises €190m Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: European mobile gaming share to contract; Speedinvest raises €190m (£159.2m) fund; Sega invests in Flutin; and Xbox reveals Series X capabilities. European mobile gaming share to contract The [...]
Arcades Are Dead; Long Live... Airport Gaming Lounges?
The classic video game arcade has almost become a trope for nostalgia. They appear across contemporary fiction as shorthand for a fondly remembered version of the 1970s and 1980s. The arcade's 'passing' is often lamented in tandem with warm, fuzzy memories [...]
Ubisoft Recruiting for AAA VR Title; Current-Gen Console Sales Declining at Faster Rate
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ubisoft recruiting for AAA VR title; current-gen console sales declining at faster rate; and ByteDance appoints head of gaming. Ubisoft recruiting for AAA VR title Ubisoft Blue Byte [...]
Nvidia Revenue Climbs 41%; Sony Wrestling with PlayStation 5 Price-Setting
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nvidia revenue climbs 41%; Sony wrestling with PlayStation 5 price-setting; and Google Activision Blizzard deal valued at USD$160m (£123m). Nvidia revenue climbs 41% Nvidia has published its financial [...]
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 [...]
Microsoft Focusing on Players over Console; UK VGTR Spend Hits £582.6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft focusing on subscribers over consoles; UK VGTR spend hits £582.6m; and ironSource opens mobile game studio. Microsoft focusing on subscribers over consoles Microsoft is focusing less on [...]
Sony Gaming Revenue Declines; 1570 Game Approvals by China in 2019
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony gaming revenue declines; 1570 game approvals by China in 2019; and Supercell invests €1m (£846,000) in Wild Games. Sony gaming revenue declines Sony gaming and network services [...]
Nintendo Raises Profit Forecast to JP¥300bn (£2.11bn); Microsoft Gaming Revenue Down 21%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nintendo raises profit forecast to USD$2.75bn (£2.11bn); Microsoft gaming revenue down 21%; GameRefinery acquires Reflection.io; and Com2uS leads Skybound Entertainment funding round. Nintendo raises profit forecast to [...]
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