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 [...]
Tim Sweeney Warns Against "Customer Adversarial" Models; Double Loop Games Raises USD$2.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tim Sweeney warns against "customer adversarial" practices, Double Loop Games raises USD$2.5m (£1.9m), and Bit Fry Game Studios raises USD$3.5m (£2.7m). Tim Sweeney warns against "customer adversarial" [...]
Activision Blizzard Withdraws Titles from GeForce NOW; Supercell Revenue Climbs 2%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard withdraws titles from GeForce NOW; Supercell revenue climbs 2%; and DKB bank to offer esports scholarships. Activision Blizzard withdraws titles from GeForce NOW Activision Blizzard has [...]
Nintendo Raises Profit Forecast to JP¥300bn (£2.11bn); Microsoft Gaming Revenue Down 21%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nintendo raises profit forecast to USD$2.75bn (£2.11bn); Microsoft gaming revenue down 21%; GameRefinery acquires Reflection.io; and Com2uS leads Skybound Entertainment funding round. Nintendo raises profit forecast to [...]
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