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 [...]
Hiro Capital to Launch €100m (£87.2m) Gaming Fund; Starbreeze Splits Into 2 Companies
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Hiro Capital to launch €100m (£87.2m) gaming fund; Starbreeze splits into two companies; and Riot Games sues Riot Squad. Hiro Capital to launch €100m (£87.2m) gaming fund Hiro [...]
Sony Interactive Entertainment Lays Off 'Dozens' of Staff; Google Stadia to use Negative Latency
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Sony Interactive Entertainment lays off 'dozens' of staff; Google Stadia to use negative latency; and TouchTen secures funding. Sony Interactive Entertainment lays off 'dozens' of staff Sony Interactive [...]
Tenacious Entertainment Raises USD$3.3m (£2.7m); Content Streamed on Mixer Triples
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tenacious Entertainment raises USD$3.3m (£2.7m); content streamed on Mixer triples; and Hearthstone player banned for Hong Kong protest support. Tenacious Entertainment raises USD$3.3m (£2.7m) Washington-based mobile developer Tenacious [...]
Sumo Group Welcomes New Chairman, Posts Half-Year Financials; Sony Selling Hardware and Games Direct to Consumer
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Sumo Group Welcomes New Chairman, Posts Half-Year Profits; Sony Selling Hardware and Games Direct to Consumer; Improbable Acquires The Multiplayer Guys. Sumo Group Welcomes New Chairman, Posts [...]
Switch Lite Sales Predictions Trigger Nintendo Stock Drop; Manticore Games Secures USD$30m (£24.1m) for Accessible Dev Tech
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Switch Lite Sales Predictions Trigger Nintendo Stock Drop; Manticore Games Secures USD$30m (£24.1m) for Accessible Dev Tech; Nintendo Debuts Mario Kart Mobile Subscription Service Switch Lite Sales [...]
Team17 sees revenues climb 97%; BAFTA drops mobile category in game awards restructuring
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17's 97% revenue growth; BAFTA restructures game awards; Google Stadia VP talks cross-progression and free trials; app games for crivers outfit Drivetime secures USD$11m (£8.9m) investment. Team17 [...]
Annapurna Interactive Parent Clears Over USD$200m (£165.2m) In Debt; ISFE Launches Esports Division
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Annapurna Interactive parent clears over USD$200m (£165.2m) in debt; ISFE launches esports division; and Playful raises USD$23m (£19m) in Series A funding. Annapurna Interactive parent clears over [...]
Knock Knock Knocks on the Door of the Post-App Store Opportunity
Instant gaming outfit Knock Knock has secured USD$4m (£3.3m) in a Series A funding round led by March Capital Partners. It's another encouraging story of success in the casual games sector, but there's something more fascinating beyond the investment itself. Knock Knock [...]
Hyper-Casual Esports Platform Ready Raises USD$5m (£4.1m)
BITKRAFT Esports Ventures has spearheaded a USD$5m (£4.1m) Series A funding round in competitive hyper-casual platform Ready. By any technical definition, Ready is an esports offering. At its most fundamental, it lets players do battle in multiplayer games for cash prizes. [...]
Nintendo profits fall due to ‘foreign exchange losses’; Electronic Arts results exceed projections
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s results special: Nintendo profits fall due to ‘foreign exchange losses’; Electronic Arts results exceed projections; and Sega Sammy Holdings operating income increases by 246.6%. Nintendo profits fall due to [...]
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