TGE Index Investment Report - Q4 & Year-End 2020
Once considered TV’s last safe bastion, the world of live sports is facing disruption. Ratings have dropped, subscriptions have fallen, and digital platforms continue to take an increasing share of eyeballs. Confronted with an ageing demographic, it’s no surprise rights [...]
Archosaur Games in HKD$2.17bn IPO; Reggie Fils-Aimé joins Rogue Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Archosaur Games in HKD$2.17bn (£222m) IPO; Reggie Fils-Aimé joins Rogue Games; and Huuuge Games acquires Playable Platform. Archosaur Games in HKD$2.17bn (£222m) IPO Mobile MMORPG developer-publisher Archosaur Games, [...]
Sony to Double PlayStation 5 Production; Nifty Games Opens Chicago Studio
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony to double PlayStation 5 production; Nifty Games opens Chicago studio; and Darewise Entertainment raises €3m (£2.7m). Sony to double PlayStation 5 production Sony Corp. has informed its [...]
Three Ubisoft Executives Stand Down; FitXR Secures USD$7.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Three Ubisoft executives stand down; FitXR secures USD$7.5m (£5.9m); and Athlane raises USD$3.3m (£2.6m). Three Ubisoft executives stand down Three senior Ubisoft executives have resigned following allegations of [...]
Sony cementing relationship with Epic Games via Investment; Esports Revenues Set for Decline as Events Cancelled
TheGamingEconomy’s Daily Digest brings you the latest news in the world of gaming. In today’s news: Sony cementing relationship with Epic Games via investment; Esports revenues set for decline as events cancelled; and Tencent latest interested party for Leyou. Sony cementing [...]
Ubisoft's Maxime Béland Resigns; Animoca Brands Raises USD$4.1m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ubisoft's Maxime Béland resigns; Animoca Brands raises USD$4.1m (£3.3m); and Rockstar and VGD partner for AAA VR title. Ubisoft's Maxime Béland resigns Ubisoft Vice President of Editorial Maxime [...]
Discord Raises USD$100m; Thousands of Games Removed from China iOS Store
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£80.5m); thousands of games removed from China iOS store; and Animoca Brands acquires GAMEE. Discord raises USD$100m (£80.5m) Voice and video chat platform Discord has [...]
Starbreeze to Raise SEK250m; GP Bullhound Closes €125m Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Starbreeze to raise SEK250m (£21.8m); GP Bullhound closes €125m (£114m) fund; KAT VR passes £1m crowdfunding for Walk C treadmill. Starbreeze to raise SEK250m Stockholm-based developer Starbreeze AB [...]
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 [...]
Admix Secures USD$7m Series A Funding; DMarket raises USD$6.5m (£5.2m)
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Admix secures USD$7m (£5.6m) Series A funding; DMarket raises USD$6.5m (£5.2m); and Machinations closes €580,000 (£520,000) seed round. Admix secures USD$7m (£5.6m) Series A funding In-game and XR [...]
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