TGE Index Investment Report - Q4 & Year-End 2020
Despite many fears from across the globe about the 2016 Olympic and Paralympic Games, it was another highly successful world event. However, one particular area that brought up many questions from businesses, governing bodies, athletes, and viewers of the Games was [...]
Sony to Double PlayStation 5 Production; Nifty Games Opens Chicago Studio
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony to double PlayStation 5 production; Nifty Games opens Chicago studio; and Darewise Entertainment raises €3m (£2.7m). Sony to double PlayStation 5 production Sony Corp. has informed its [...]
Chushou TV Shuttered; Microsoft Tells Developers Not to Charge for Next-Gen Upgrades
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Chushou TV shuttered; Microsoft tells developers not to charge for next-gen upgrades; and AppLovin appoints four executive team members. Chushou TV shuttered Chinese video game streaming platform Chushou [...]
Microsoft Contemplating WBIE Acquisition; Pokémon GO Surpasses USD$3.6bn in Revenue
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft contemplating WBIE acquisition; Pokémon GO surpasses USD$3.6bn (£2.9bn) in revenue; and Dignitas partners with ExpressVPN. Microsoft contemplating WBIE acquisition Microsoft executives are contemplating the purchase of Warner [...]
Discord Raises USD$100m; Thousands of Games Removed from China iOS Store
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£80.5m); thousands of games removed from China iOS store; and Animoca Brands acquires GAMEE. Discord raises USD$100m (£80.5m) Voice and video chat platform Discord has [...]
Stillfront Group raises SEK1.2bn; Nintendo Mooting Mobile Withdrawal
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Stillfront Group raises SEK1.2bn (£102m); Nintendo mooting mobile withdrawal; and eUnited to merge with Backstageplay. Stillfront Group raises SEK1.2bn (£102m) Developer-publisher Stillfront Group AB has announced that it [...]
PlayStation 5 Revealed; Playable Worlds Raises USD$10m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Playstation 5 revealed; Playable Worlds raises USD$10m (£7.9m); and Zynga partners with Snap. Playstation 5 revealed Sony Interactive Entertainment (SIE) has revealed its next-generation PlayStation 5 console, with [...]
Advertising, Patience, and Match-3: An Analysis of Zynga-Peak
On Monday (1st June 2020), Zynga announced that it would acquire Istanbul-based Peak for a total consideration of USD$1.8bn (£1.4bn), marking its largest acquisition, and the largest exit by Turkish start-up, to-date. With the deal expected to close within the [...]
Homa Games Partners with IRL Team; Lootlocker Raises SEK2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Homa Games partners with IRL Team; LootLocker raises SEK2.4m (£201,000); and Paradox Interactive opens new Barcelona studio. Homa Games partners with IRL Team Homa Games has joined forces [...]
Bilibili to Raise USD$650m (£529m); Three Gates Acquires Majority Stake in Tivola Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Bilibili to raise USD$650m (£529m); Three Gates acquires majority stake in Tivola Games; and Kippo secures USD$2m (£1.6m) seed funding. Bilibili to raise USD$650m (£529m) Chinese streaming platform [...]
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