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  • TGE Index Investment Report - Q4 & Year-End 2020

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PS5 drift lawsuit filed against Sony; Final Level raises R$8.5m (£1.1m); and redundancies at 22cans. PS5 drift lawsuit filed against Sony United States law firm Chimicles Schwartz Kriner [...]

  • Theorycraft Games Raises USD$37.5m; Motorsport Games to Acquire Studio397

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Theorycraft Games raises USD$37.5m (£26.9m); Motorsport Games to acquire Studio397; and chat platform Stream secures USD$38m (£27.3m). Theorycraft Games raises USD$37.5m (£26.9m) Seattle and Los Angeles-based studio Theorycraft [...]

  • 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 [...]

  • VSPN Secures Further USD$60m; Turnip Raises USD$1.6m Seed Funding

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: VSPN secures further USD$60m (£44m); Turnip raises USD$1.6m (£1.2m) seed funding; and Three Gates acquires gameXcite. VSPN secures further USD$60m (£44m) Esports solutions provider Versus Programming Network (VSPN) [...]

  • Parsec Raises USD$25m; Keywords Studios Acquires High Voltage

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Parsec raises USD$25m (£19m); Keywords Studios acquires High Voltage; and UK MPs propose ban on resale of bot-bought consoles. Parsec raises USD$25m (£19m) Remote desktop technology and video [...]

  • Unity Revenue Climbs by 53.3%; Statespace Raises USD$29m

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity revenue climbs by 53.3%; Statespace raises USD$29m (£22m); and Tencent gaming revenue up 45%. Unity revenue climbs by 53.3% Unity Software Inc. has announced its financial results [...]

  • VSPN Raises USD$100m; Koei Tecmo Sales up 39.7%

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: VSPN raises USD$100m (£76.6m); Koei Tecmo sales up 39.7%; and Scopely acquires Genjoy. VSPN raises USD$100m (£76.6m) Shanghai-based esports solutions provider Versus Programming Network (VSPN) has announced that [...]

  • EVOS Esports Raises USD$12m; Alliance Entertainment Acquires GameFly

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EVOS Esports raises USD$12m (£9.3m); Alliance Entertainment acquires GameFly; and active development ceased on StarCraft II. EVOS Esports raises USD$12m (£9.3m) Singapore-based Attention Holdings, parent company of EVOS [...]

  • Microsoft Reveals Xbox Series S; PUBG Corp. Axes Tencent India Publishing Contract

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft reveals Xbox Series S; PUBG Corp. axes Tencent India publishing contract; and WinZo raises USD$18m (£14m). Microsoft reveals Xbox Series S Microsoft has officially unveiled its next-generation [...]

  • Wildlife Studios Raises USD$120m; dMY Technology Group II in USD$240m IPO

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Wildlife Studios raises USD$120m (£91.7m); dMY Technology Group II SPAC in USD$240m (£183m) IPO; and PUBG Corporation invests USD$10m (£7.6m) in 1Up Ventures. Wildlife Studios raises USD$120m [...]

  • Vindex to Invest USD$300m in GAME's Belong; Mobile App Fraud Falls 30%

    TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Vindex to invest USD$300m (£232m) in GAME's Belong; mobile app and game fraud falls 30%; and Polyarc raises USD$9m (£7m). Vindex to invest USD$300m (£232m) in GAME's [...]