TGE Index Investment Report - Q4 & Year-End 2020
London-based studio Pixion Games has revealed that it has secured USD$2m (£1.6m) in seed funding to further its efforts developing mobile titles specifically geared towards esports. Private investment firm Eldridge Industries led the round, with contributions from Jabre Capital Family Office [...]
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 [...]
Zynga Acquires Rollic; Nintendo Profit up by 427%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga acquires Rollic; Nintendo profit up by 428%; Big Run Studios raises USD$5.25m (£4.00m); and Venatus partners with Frameplay. Zynga acquires Rollic Mobile gaming giant Zynga has announced [...]
Activision Blizzard Posts Record Q2 Results; Keywords Studios Expects 13% Revenue Gain
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard posts record Q2 results; Keywords Studios expects 13% revenue gain; and Ubisoft partners with Anzu.io. Activision Blizzard posts record Q2 results Activision Blizzard has joined fellow [...]
Take-Two Interactive Revenue up 54%; Blizzard Employees Angered over Pay Disparity
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Take-Two Interactive revenue up 54%; Blizzard employees angered over pay disparity; and Ubisoft partners with Parsec. Take-Two Interactive revenue up 54% Take-Two Interactive Software Inc. has reported company-record [...]
EA Posts Record Quarterly Results; Fnatic Expands OnePlus Partnership
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA posts record quarterly results; Fnatic expands OnePlus partnership; and Mogul net operating cash flow falls by 35%. EA posts record quarterly results Electronic Arts (EA) has posted [...]
Ubisoft Posts Strong Results Amid Abuse Allegations; Mobalytics Raises USD$11.25m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ubisoft posts strong results amid abuse allegations; Mobalytics raises USD$11.25m (£8.846m); and Microsoft gaming revenue climbs 64%. Ubisoft posts strong results amid abuse allegations French developer-publisher Ubisoft has [...]
GameStop Posts USD$165m Loss; Playrix Acquires Cateia Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameStop posts USD$165m (£130m) loss; Playrix acquires Cateia Games; and Nintendo confirms 300,000 accounts may have been compromised. GameStop posts USD$165m (£130m) loss Retailer GameStop has recorded a [...]
Take-Two Posts Record Q4 Financials; Tencent Acquires System Shock 3 Licence
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Take-Two posts record Q4 financials; Tencent acquires System Shock 3 licence; and G2A settles USD$40,000 (£32,600) key sales dispute. Take-Two posts record Q4 financials Take-Two has posted company-record [...]
Tencent Online Game Revenue Climbs 31%; Unreal Engine Royalty-Free up to USD$1m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent online game revenue climbs 31%; Unreal Engine royalty-free up to USD$1m (£815,000); and FACEIT to manage North American Rainbow Six Siege esports. Tencent online game revenue [...]
Sony Gaming Revenue Declines by 14%; Parsec Raises USD$7m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony gaming revenue declines by 14%; Parsec raises USD$7m (£5.7m); and Sleeper raises USD$20m (£16m). Sony gaming revenue declines by 14% Sony has announced its financial results for [...]
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