TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge Games confirms IPO pricing; Road Studio to raise zł2m (£388,000); and TIGA calls for UK games investment fund. Huuuge Games confirms IPO pricing Huuuge Games has confirmed that 33,316,686 shares will be floated through its upcoming initial public offering (IPO) on the Warsaw Stock Exchange (WSE) at a price of zł50 () each, netting the studio zł1.666bn (£323.5m) at a valuation of zł4.20bn (£815m). The offering will [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESA to pause political donations; Capcom breach affecting up to 390,000; and Microsoft-bound Bethesda secures Indiana Jones licence. ESA to pause political donations The Entertainment Software Association (ESA) has announced that it will be suspending donations to individuals through its political action committee (PAC) vehicle, following the attempt by multiple beneficiaries of their contributions to overturn the result of the US presidential election, amid a violent siege on [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Corsair bolsters streaming portfolio with EpocCam acquisition; WinZO raises USD$2m (£1.5m); and Scottish game industry employment up 17%. Corsair bolsters streaming portfolio with EpocCam acquisition Video game hardware company Corsair Gaming Inc. has announced that it has acquired mobile streaming software application EpocCam from Finland-based Kinoni for an undisclosed sum. The acquired product is listed on the Apple App Store and allows users to covert their iPhone or [...]

TheGamingEconomy’s Daily Digest brings you the latest news in the world of gaming. In today’s news: App Annie reports record gaming app downloads in Q2; CtW launches a campaign against EA’s pay practices; and a study shows that gaming fared better than other projects on Kickstarter during the height of COVID lockdown.   Q2 sees record-breaking app store downloads   Data and analytics firm App Annie reports that mobile gaming apps saw 14 billion downloads in Q2 – the highest number ever recorded. The [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent becomes largest shareholder in Marvelous; We Are Nations launches Nations Ventures; and IGDA launches global indie collective. Tencent becomes largest shareholder in Marvelous Tencent Holdings Ltd. is set to become the largest individual shareholder in Marvelous Inc., with its wholly-owned subsidiary Image Frame Investment Limited purchasing a 20% stake in the Japanese developer-publisher for approximately JP¥7bn (£53m). As well as the issuance of 8.62 million shares by [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: More Steam releases earning USD$10,000 (£8,100) at launch; CERO suspends operations; and Facebook Gaming launches Tournaments. More Steam releases earning USD$10,000 (£8,100) at launch Valve has released an analysis of revenue generated for PC titles sold through its Steam storefront, revealing that there was an 11% increase in the proportion of titles earning at least USD$10,000 (£8,100) in the first two weeks of release in 2019 compared to [...]