TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge to raise USD$150m (£110m); Nazara files for public listing; and Playtika nets USD$1.88bn (£1.38bn) in Nasdaq IPO. Huuuge to raise USD$150m (£110m) Mobile social and casino developer [...]
Mission Control Raises USD$1.75m; Riot Games Centralises League of Legends Esports
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Mission Control raises USD$1.75m (£1.38m); Riot Games centralises League of Legends esports; and Voltage Entertainment USA workers take strike action. Mission Control raises USD$1.75m (£1.38m) Recreational league esports [...]
Microsoft Contemplating WBIE Acquisition; Pokémon GO Surpasses USD$3.6bn in Revenue
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft contemplating WBIE acquisition; Pokémon GO surpasses USD$3.6bn (£2.9bn) in revenue; and Dignitas partners with ExpressVPN. Microsoft contemplating WBIE acquisition Microsoft executives are contemplating the purchase of Warner [...]
Apple Terminating Arcade Games for Retention; PlayBrain Raises USD$6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple terminating Arcade games for retention; PlayBrain raises USD$6m (£5m); and Mountaintop Studios formed. Apple terminating Arcade games for retention Apple Inc. is reportedly cancelling development contracts with [...]
Tencent Launches Twitch Rival; Microsoft to Close All Physical Retail Outlets
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent launches Twitch rival; Microsoft to close all physical retail outlets; and BS2 pivots sponsorship efforts to esports. Tencent launches Twitch rival Chinese technology conglomerate Tencent Holdings Ltd. [...]
Stillfront Group raises SEK1.2bn; Nintendo Mooting Mobile Withdrawal
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Stillfront Group raises SEK1.2bn (£102m); Nintendo mooting mobile withdrawal; and eUnited to merge with Backstageplay. Stillfront Group raises SEK1.2bn (£102m) Developer-publisher Stillfront Group AB has announced that it [...]
Grishin Robotics Raises USD$100m Fund; China iOS Games to Require Government Approval
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Grishin Robotics raises USD$100m (£80.1m) fund; China iOS games to require government approval; and FaZe Clan gains stake in CTRL. Grishin Robotics raises USD$100m (£80.1m) fund Silicon Valley [...]
Activision Blizzard Shareholders File CEO Pay Complaint; Cloud9 Partners with Guinevere Capital
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard shareholders file CEO pay complaint; Cloud9 partners with Guinevere Capital; and NetEase establishes first console studio. Activision Blizzard shareholders file CEO pay complaint Voting advisory bodies [...]
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