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 [...]
Tencent to Leverage Nintendo Partnership; Monthly Gaming Ad Spend on US TV Reaches USD$60.3m (£47.2m)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent to leverage partnership with Nintendo; US gaming industry ad spend reaches USD$60.3m (£47.2m); and Homescapes passes USD$1bn (£782m) in lifetime revenue. Tencent to leverage partnership with [...]
Microsoft Gaming Revenue Declines by 7%; Sumo Digital Opens North West Studio
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Microsoft gaming revenue declines by 7%; Sumo Digital opens North West studio; and Tencent becomes majority shareholder of Supercell. Microsoft gaming revenue declines by 7% Microsoft results from [...]
Nicecatus.gg Raises USD$5.5m (£4.3m); GameGrooveCapital Launches
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Nicecatus.gg raises USD$5.5m (£4.3m); GameGroove Capital launches USD$6m (£4.6m) investment fund; and Gameloft partners with TIM to develop mobile subscription platform. Nicecactus.gg raises USD$5.5m (£4.3m) France-based Nicecactus.gg, formerly [...]
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