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 [...]
Dazzle Rocks Raises USD$6.8m; MTX Driving EA & Activision Blizzard Bookings
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Dazzle Rocks raises USD$6.8m (£5.5m); MTX driving EA and Activision Blizzard bookings; and THQ Nordic and Koch Media swap IPs. Dazzle Rocks raises USD$6.8m (£5.5m) Mobile developer Dazzle [...]
Sensor Tower Raises USD$45m; Unity Acquires Bolt
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sensor Tower raises USD$45m (£36m); Unity acquires Bolt; and Redemption Games receives AppLovin investment. Sensor Tower raises USD$45m (£36m) California-based mobile analytics firm Sensor Tower has announced that [...]
iPad Games Spend Hits Record Level; META Raises €1m (£870k)
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: iPad games spend hits record level; META raises €1m (£870,000); and gaming social video surges. iPad games spend hits record level Consumer spend on iPad devices across all [...]
XR to Generate USD$6.3bn in 2020; Raven Raises USD$1.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: XR to generate USD$6.3bn (£5.1bn) in 2020; Raven raises USD$1.4m (£1.1m); and demand for Chinese localisation falls. XR to generate USD$6.3bn (£5.1bn) in 2020 The global extended reality [...]
Digital Games Spend Hits Record USD$10bn; Epic Targets New Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Digital games spend hits record USD$10bn (£8.1bn); Epic targets new funding; and Magic Leap lays off approximately 1000 staff. Digital games spend hits record USD$10bn (£8.1bn) Global digital [...]
US Game Sales Up 35%; ValueAct Gains USD$1.1bn Stake in Nintendo
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ValueAct gains USD$1.1bn (£891m) stake in Nintendo; US game sales up 35%; and Boost VC closes USD$40m (£32m) fund. US game sales up 35% US consumer spend across [...]
Esports & iGaming: Q&A with Grant Johnson, Esports Entertainment Group
Following its recent USD$8.4m (£6.7m) uplisting to the Nasdaq Capital Market, Esports Entertainment Group CEO Grant Johnson (pictured below) speaks with TheGamingEconomy to discuss the public offering and the role of online gambling (iGaming) within esports as audiences continue to [...]
Samsung Ventures Ups DigiLens Investment; Nintendo to Boost Switch Production
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Samsung Ventures ups DigiLens investment; Nintendo to boost Switch production; and Unruly partners with Ampverse for esports video investment programme. Samsung Ventures ups DigiLens investment Samsung Venture Investment [...]
Sony to Limit PS5 Production; Nifty Games Raises USD$12m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony to limit PS5 production; Nifty Games raises USD$12m (£9.6m); and BMW partners with five leading esports teams. Sony to limit PS5 production Sony will limit production of [...]
Lightspeed Raises USD$4.2bn Fund Trio; Esports Entertainment Group in USD$8.4m IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Lightspeed raises USD$4.2bn (£3.3bn) fund trio; Esports Entertainment Group in USD$8.4m (£6.7m) IPO; and SIE announces USD$10m (£7.9m) development fund. Lightspeed raises USD$4.2bn (£3.3bn) fund trio California-based VC [...]
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