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 [...]
Leaf Mobile in Company-Record Quarter; VR Headset Sales to Reach 6.4 Million in 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Leaf Mobile in company-record quarter; VR headset sales to reach 6.4 million in 2020; and Yoplait to sponsor LDN UTD. Leaf Mobile in company-record quarter Vancouver-based Leaf Mobile, [...]
Saudi Crown Prince to Become Largest SNK Shareholder; 2UP Receives USD$2.8m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Saudi Crown Prince leads to become largest SNK shareholder; 2UP receives USD$2.8m (£2.1m) from Supercell; and CD Projekt net profit climbs by 57%. Saudi Crown Prince to [...]
Roblox Files to go Public; Skillz Revenue up 92%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox files to go public; Skilz revenue up 92%; and NetEase online game revenues reach CN¥13.9bn (£1.60bn). Roblox files to go public Roblox Corporation has filed its S-1 [...]
Apple Halves IAP Commission for Smaller Devs; Gunzilla Games Launches
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple halves IAP commission for smaller developers; Gunzilla Games launches; and Nvidia gaming revenue reaches record USD$2.27bn (£1.71bn). Apple halves IAP commission for smaller developers Technology giant Apple [...]
Unity Revenue Climbs by 53.3%; Statespace Raises USD$29m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity revenue climbs by 53.3%; Statespace raises USD$29m (£22m); and Tencent gaming revenue up 45%. Unity revenue climbs by 53.3% Unity Software Inc. has announced its financial results [...]
PUBG Corp to Invest USD$100m in India; Corsair Acquires Gamer Sensei
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PUBG Corp. to invest USD$100m (£75.5m) in India; Corsair acquires Gamer Sensei; and Hector Rodriguez re-acquires OpTic Gaming. PUBG Corp. to invest USD$100m (£75.5m) in India PUBG Corporation [...]
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 [...]
EA Revenue Down 14%; Take-Two Raises Full-Year Forecast
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA revenue down 14%; Take-Two raises full-year forecast; Sega reports 33% sales drop and sells arcade division. EA revenue down 14% Electronic Arts (EA) has reported total net [...]
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 [...]
Activision Blizzard Revenue Surges by 52%; Stillfront Group Acquires Everguild
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard revenue surges by 52%; Stillfront Group acquires Everguild; and Gfinity exploring acquisitions or sale. Activision Blizzard revenue surges by 52% Activision Blizzard has released its financial [...]
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