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 [...]
Jagex Acquired for USD$530m; ESL & Dreamhack Enter Twitch Exclusivity Deal
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Jagex acquired for USD$530m (£426m); ESL and Dreamhack enter Twitch exclusivity deal; and Scopely acquires PierPlay. Jagex acquired for USD$530m (£426m) Cambridge-based developer Jagex has been sold by [...]
Stillfront Group Acquires Candywriter; Transcend Fund Raises USD$50m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Stillfront Group acquires Candywriter; Transcend Fund raises USD$50m (£40m); and UK and German market revenue figures announced. Stillfront Group acquires Candywriter Stillfront Group AB has announced that it [...]
Europe Mobile Game Revenue Hits Record High; Riot Acquires Hypixel
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: European mobile game revenue hits record high; Riot Games acquires Hypixel Studios; and esports predicted to withstand recession. European mobile game revenue hits record high March 2020 saw [...]
Embracer Group Raises SEK1.65bn; N3TWORK Opens USD$50m Dev Growth Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group raises SEK1.65bn (£133m); N3TWORK opens USD$50m (£40m) developer growth fund; and Quest Ventures raises USD$50m (£40m) VC fund. Embracer Group raises SEK1.65bn (£133m) Embracer Group AB [...]
Using AI to Improve Game Development: Q&A with Yuheng Chen, rct studio
In this exclusive interview, TheGamingEconomy speaks to Yuheng Chen, COO of rct studio, to discuss the development of their AI-driven solutions and first-party titles, following a successful Series A funding round of USD$10m (£8.1m) led by Makers Fund. How will the [...]
Lightheart Entertainment Raises €1.3m; Demiurge Regains Independence
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Lightheart Entertainment raises €1.3m (£1.1m); Demiurge regains independence; and Tin Giant sues Atari. Lightheart Entertainment raises €1.3m (£1.1m) Lightheart Entertainment has raised seed funding of €1.3m (£1.1m) from [...]
Twitch Content at All-Time High; Japan Plans Esports Expansion
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Twitch content at all-time high; Japan plans esports expansion; and controversy over Gearbox bonuses. Twitch content at all-time high Streamlabs and Stream Hatchet will report later today (2nd [...]
COVID-19 and the Game Industry: News Round-up [UPDATED 7th April]
[LATEST UPDATE: 3rd April] As the COVID-19 novel coronavirus continues its spread and has hit pandemic level, there has been a growing impact on the game industry. The game sector's problems, of course, are trivial compared to the millions impacted and [...]
Tencent & Huawei Partner for Cloud Gaming; Colopl Acquires Mages
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent and Huawei partner for cloud gaming; Colopl acquires Mages; and HQ Trivia returns. Tencent and Huawei partner for cloud gaming Tencent has partnered with Huawei to launch [...]
Epic Games Launches New 'Developer-First' Publishing Model
Fortnite outfit Epic Games has launched a new multi-platform publishing initiative that promises to be 'developer-first' in its make-up and delivery. A number of high-profile game studios are already on board with the Epic Games Publishing effort, with Playdead, Remedy Entertainment [...]
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