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 [...]
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 [...]
PandaScore Raises €5m; Armada Interactive Files for Bankruptcy
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PandaScore raises €5m (£4.5m); Armada Interactive files for bankruptcy; and ESIC sanctions 37 coaches for misconduct. PandaScore raises €5m (£4.5m) Esports data provider PandaScore has raised €5m (£4.5m) [...]
Unity Raises USD$1.3bn in IPO; Supercell Fined USD$8.5m Over Patent Violations
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity raises over USD$1.3bn (£1.0bn) in IPO; Supercell fined USD$8.5m (£6.6m) over patent violations; and Hypemasters receives funding from MGVC. Unity raises USD$1.3bn (£1.0bn) in IPO Unity Technologies [...]
Paradox Interactive Staff Allege Poor Treatment; Gameye raises USD$2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive staff allege poor treatment; Gameye raises USD$2.4m (£1.8m); and Apple countersues Epic Games. Paradox Interactive staff allege poor treatment Multiple employees from Paradox Interactive have accused [...]
Challengermode Raises USD$12m; Frogwares in Legal Dispute with Nacon
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Challengermode raises USD$12m (£9.1m); Frogwares in legal dispute with Nacon; and Colossi Games secures USD$650,000 (£495,360). Challengermode raises USD$12m (£9.1m) Esports tournament creation and listings platform Challengermode has [...]
Unity Files for IPO; US Court Partially Upholds Epic Injunction Against Apple
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity files for IPO; US court partially upholds Epic injunction against Apple; and Nintendo rumoured to launch new Switch console in 2021. Unity files for IPO Video game [...]
Microsoft Supporting Epic in Apple Dispute; Corsair Gaming Files for USD$100m IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft supporting Epic in Apple dispute; Corsair Gaming files for USD$100m (£76.4m) IPO; and Microsoft Flight Simulator to drive USD$2.6bn (£2.0bn) PC hardware spend. Microsoft supporting Epic [...]
Apple Further Retaliates Against Epic Games; Tencent Acquires Minority Stake in Voodoo
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple further retaliates against Epic Games; Tencent acquires minority stake in Voodoo; and Hour One raises USD$5m (£3.8m). Apple further retaliates against Epic Games Apple has threatened to [...]
Fortnite Removed from App Store and Google Play - Epic Games to Sue
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Fortnite removed from App Store and Google Play - Epic Games to sue; ESE Entertainment raises over CAD$2.25m; and NetEase revenue up 25.9%. Fortnite removed from App [...]
Tencent Discussing Huya & DouYu Merger; AT&T Cools WBIE Sale Rumours
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent discussing Huya and DouYu merger; AT&T cools WBIE sale rumours; and Facebook and Microsoft criticise Apple over App Store policies. Tencent discussing Huya and DouYu merger Executives [...]
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