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 [...]
Tencent Boosts Century Huatong Stake; ironSource in Rumoured Talks with Thoma Bravo SPAC
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent boosts Century Huatong stake; IronSource in rumoured talks with Thoma Bravo SPAC; and EA suspends discretionary content allocation. Tencent boosts Century Huatong stake Tencent Holdings Limited has [...]
Zynga Posts Record Revenue & Loss; Tencent Invests in Bohemia Interactive
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga posts record revenue and loss; Tencent invests in Bohemia Interactive; and Digi Game trio secure funding from WePlay Ventures. Zynga posts record revenue and loss US mobile [...]
IDFA Overhaul to Land in Early Spring; Tencent Acquires Minority Stake in Dontnod
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IDFA overhaul to land in early spring; Tencent acquires minority stake in Dontnod; and Huuuge Games sets IPO maximum price to zł1.67bn (£324m). IDFA overhaul to land [...]
IMVU Relaunches as Together Labs; Corsair Shareholders to Raise USD$252m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IMVU relaunches as Together Labs; Corsair shareholders to raise USD$252m (£184m); and Brave Lamb Studio raises zł1.2m (£234,700) ahead of prospective IPO. IMVU relaunches as Together Labs Redwood [...]
MTG Increases Innogames Investment; Wizard Games Secures 9-Figure Tencent Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG increases Innogames investment; Wizard Games secures nine-figure Tencent funding; and Quell raises USD$3m (£2.2m) for gamified home fitness. MTG increases Innogames investment Modern Times Group (MTG) has [...]
GameSquare to Acquire Reciprocity; TinyBuild Backs Hologryph by USD$3m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameSquare to acquire Reciprocity; TinyBuild backs Hologryph by USD$3m (£2.2m); and Fyber revenue climbs by 94%. GameSquare to acquire Reciprocity Publicly-listed esports agency GameSquare Esports Inc. has [...]
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 [...]
eUnited & Backstageplay Terminate Merger; Ignition Facility Founded
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: eUnited and Backstageplay terminate merger agreement; Ignition Facility founded; and Light Brick Studio splits from Lego Group. eUnited and Backstageplay terminate merger agreement Los Angeles-based esports organisation eUnited [...]
ESL and DreamHack Merge; Tencent Acquires "Major Stake" in 10 Chambers
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ESL and DreamHack merge; Tencent acquires "major stake" in 10 Chambers; and Nintendo piracy store to pay USD$2m (£1.6m). ESL and DreamHack merge Modern Times Group (MTG) has [...]
Epic Games Leads USD$15m Investment in Manticore; Digital Bros Returns to Profit
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games leads USD$15m (£12m) investment in Manticore; Digital Bros. returns to profit; and GameStop shares rally on lofty investor ambitions. Epic Games leads USD$15m (£12m) investment [...]
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