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 [...]
Embracer Group in 13-Strong Acquisition Spree; Queens Gaming Collective Raises USD$1.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group in 13-strong acquisition spree; Queens Gaming Collective raises USD$1.5m (£1.1m); and AudioMob secures USD$1.5m (£1.1m). Embracer Group in 13-strong acquisition spree Video games holding company Embracer [...]
Thunderful Group Acquires Station Interactive; MGI Completes €80m Bond Placement
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Thunderful Group acquires Station Interactive; MGI completes €80m (£72m) bond placement; and ACCO Brands expands into gaming with PowerA purchase. Thunderful Group acquires Station Interactive Gothenburg-based video game [...]
Nexon Posts Company-Record Q3; Fnatic Secures USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nexon posts company-record Q3; Fnatic secures USD$10m (£7.6m); and Tommy Tallarico settles Roblox copyright dispute. Nexon posts company-record Q3 Tokyo-based online games studio Nexon has announced company-record revenue [...]
Tencent Leads USD$25m Lockwood Publishing Round; Nintendo Profit Rockets by 209%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent leads USD$25m (£19m) Lockwood Publishing round; Nintendo profit rockets by 209%; and Zynga posts record quarterly revenue. Tencent leads USD$25m (£19m) Lockwood Publishing round Lockwood Publishing, best [...]
eUnited & Backstageplay Terminate Merger; Ignition Facility Founded
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: eUnited and Backstageplay terminate merger agreement; Ignition Facility founded; and Light Brick Studio splits from Lego Group. eUnited and Backstageplay terminate merger agreement Los Angeles-based esports organisation eUnited [...]
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