TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Scopely secures USD$340m (£262m) Series E funding; Shotcall raises USD$2.2m (£1.7m); and EA fined up to €5m (£4.5m) over loot boxes. Scopely secures USD$340m (£262m) Series E [...]
Embracer Group Acquires Vertigo Games; Zwift Raises USD$450m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires Vertigo Games; Zwift raises USD$450m (£349m); and Wisdom Gaming Group secures USD$3m (£2.3m). Embracer Group acquires Vertigo Games Embracer Group AB has announced that its [...]
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 [...]
Challengermode Raises USD$12m; Frogwares in Legal Dispute with Nacon
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Challengermode raises USD$12m (£9.1m); Frogwares in legal dispute with Nacon; and Colossi Games secures USD$650,000 (£495,360). Challengermode raises USD$12m (£9.1m) Esports tournament creation and listings platform Challengermode has [...]
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 [...]
Daybreak Games Acquires Cold Iron Studios; EA Investors Vote Against Executive Pay Plan
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Daybreak Games acquires Cold Iron Studios; EA investors vote against executive pay plan; and Testronic acquires Whyttest. Daybreak Games acquires Cold Iron Studios Multiplayer developer-publisher Daybreak Games has [...]
Paradox Interactive Revenue up 20%; MLB Deputy Commissioner Joins Activision Blizzard
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive revenue up 20%; MLB Deputy Commissioner joins Activision Blizzard; and Amazon rebrands Twitch Prime. Paradox Interactive revenue up 20% Paradox Interactive has revealed that its revenue [...]
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