TGE Index Investment Report - Q4 & Year-End 2020
In a demonstration of video gaming's growing influence in other sectors, gamified fitness brands have featured prominently in investment headlines recently, perhaps most notably in the the USD$450m (£345m) funding round closed by Zwift in September. Subsequently, after several years in [...]
EA Bullish on Cloud Gaming; Roblox Mobile Passes USD$1bn (£776m) in Lifetime Revenue
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: EA bullish on cloud gaming; Roblox Mobile passes USD$1bn (£776m) in lifetime revenue; and Rebellion acquires The Bitmap Brothers portfolio. EA bullish on cloud gaming EA executives are [...]
Amazon Planning 2020 Cloud Gaming Launch; Nazara to Invest USD$20m (£15.5m) in Startups
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Amazon planning 2020 cloud gaming launch; Nazara to invest USD$20m (£15.5m) in startups; and the top 1% of mobile game publishers generate 82% of total downloads. Amazon [...]
NetEase Revenue Up 11.2%; Dream Games Raises USD$7.5m
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: NetEase revenue up 11.2%; Dream Games raises USD$7.5m (£5.8m); and Mythical Games secures USD$19m (£14.7m) in funding. NetEase revenue up 11.2% Chinese internet and online games provider NetEase [...]
App Store Paid Game Revenue At All-Time Low; German Bundestag Approves €50m (£42.8m) Games Funding
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: App Store paid game revenue at all-time low; German Bundestag approves €50m (£42.8m) games funding; and Proletariat raises USD$20m (£15.5m) in Series C funding. App Store paid [...]
Valve to Launch VR Half-Life Title; Skydance Media to Form New Studio
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Valve to launch VR Half-Life title; Skydance Media to form new studio; and PC & Mobile gaming revenue to pass USD$8.3bn (£6.4bn) in Greater Southeast Asia. Valve [...]
Game Financial Reports Round-Up: Sony, Sega Sammy, EA, Ubisoft, Rovio and More
[UPDATED NOV 18TH] Numerous gaming companies and related tech outfits have been sharing their new financial reports in recent days, with the Q3 financial quarter drawing to a close at September's close. The likes of Activision Blizzard, Tencent, Sony, Rovio, EA, Ubisoft, [...]
Stadia to Launch with 22 Titles; Innogames Passes USD$1.1bn (£850m) Lifetime Revenue
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Stadia to launch with 22 titles; Innogames passes USD$1.1bn (£850m) lifetime revenue; and Microsoft less focused on games-as-a-service. Stadia to launch with 22 titles Google has announced that [...]
Streaming and the Cloud: What We Learned from Microsoft's XO19 Event
Last night was a big night for Xbox. Microsoft hosted its X019 event in London, which was plump with announcements. If one theme dominated, though, it was the delivery of games as a service. Both Game Pass and Project xCloud enjoyed plenty [...]
FanAI Raises USD$8m (£6.2m); Mobile Users More Likely to Subscribe than Make One-Off Payments
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: FanAI raises USD$8m (£6.2m) funding; mobile users more likely to subscribe than make one-off payments; and Electric Square to open Leamington Spa studio. FanAI raises USD$8m (£6.2m) [...]
Tencent Gaming Revenue Increases; Bethesda Absorbs Human Head Studios
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent gaming revenue increases; Bethesda absorbs Human Head Studios; and John Carmack to step down as Oculus CTO. Tencent gaming revenue increases Tencent has released its financial results [...]
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