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 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 [...]
COD and King See Activision Blizzard Exceed Projected Revenues; Ubisoft Revenues Trump Revised Forecasts, Despite Year-on-Year Drop
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: COD and King see Activision Blizzard exceed projected revenues; Ubisoft revenues trump revised forecasts, despite year-on-year drop; and Take-Two GAAP revenue down USD$300m YOY for it's [...]
Dan Houser Leaves Rockstar; Capcom Operating Income Up 30.1%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Dan Houser leaves Rockstar; Capcom operating income up 30.1%; Sony closes VR Manchester studio; and Improbable acquires zeuz. Dan Houser leaves Rockstar Dan Houser, co-founder and VP creative [...]
The UK Games Industry Census: A New Benchmark, and a Long Way to Go
Today games industry trade body UKIE launched its new report, The UK Games Industry Census. Top of the list of its findings was the fact that the UK game industry is still predominantly male, white and relatively young. The census was [...]
Digital Drives 68.7% of EA's Q3 Net Revenue; Zuckerberg Still Committed to AR and VR as 'the Holy Grail of Social'
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Digital drives 68.7% of EA's Q3 net revenue; Zuckerberg still committed to AR and VR as 'the holy grail of social experiences'; and Global Game Jam [...]
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% [...]
Activision Blizzard & Google Sign Partnership; Developers Shift Focus to Next-Gen Consoles and VR
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Activision Blizzard and Google sign partnership; Developers shift focus to next-gen consoles and VR; and LPL suspended indefinitely due to coronavirus. Activision Blizzard and Google sign partnership Activision Blizzard [...]
Disney Sells FoxNext Games; Valve Not Planning Release of Source 2 SDK
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Disney sells FoxNext Games; Valve not planning release of Source 2 SDK; and Nintendo wins European Court ruling on digital refunds. Disney sells FoxNext Games Disney has sold FoxNext [...]
Tencent Set to Acquire Funcom; AppsFlyer Raises USD$210m
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Tencent set to acquire Funcom for USD$148m (£114m); AppsFlyer raises USD$210m (£161m); Stillfront Group acquires Storm8 for USD$300m (£230m); and US state intervention attempt on Riot Games [...]
Analysis: Cyberpunk 2077's Crunch Controversy
CD Projekt Red has delayed the release of its eagerly anticipated sci-fi RPG Cyberpunk 2077. The game will now miss its scheduled April release slot, instead arriving in September 17th this year. That puts it in a very busy slot for [...]
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