TGE Index Investment Report - Q4 & Year-End 2020
Canadian game dev and blockchain infrastructure outfit Horizon Blockchain Games has completed a USD$3.75m (£2.97m) seed round. Reddit co-founder Alexis Ohanian’s venture fund Initialized Capital led the round, which was also supported by Golden Ventures, Polychain, Coinbase, Digital Currency Group and [...]
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, [...]
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) [...]
10 Billion Mixed Reality App Installs Predicted by 2024; MR Ad Spend to Hit USD$11bn (£8.54bn)
'Mixed reality' content will see 10 billion app installs by 2024, up from 3 billion in 2019, says a new report. The prediction comes from research and analytics outfit Juniper Research, which has published the results of a new study titled [...]
How Advertising Shortcomings Shaved 17% Off Twitter's Share Price
Twitter isn't a gaming platform. The social network may have seen a major uptake in gaming engagement in recent months, but while the likes of Facebook, WeChat and Kakao Talk have become homes for hyper casual, the micro-blogging platform has not. Still, [...]
Interview: Fyber's Offer Yehudai Talks Programmatic, Subscriptions and Getting In-Game Ads Right
Earlier this year mobile monetisation platform outfit Fyber launched a significantly reworked version of its Fyber FairBid technology, having celebrated 10 years in business in the previous months. But what have the team learned about the changing in-game advertising landscape over [...]
NorthEdge Acquires Catalis; Player Spends AUD$220,000 (£118,000) on Free-to-Play Microtransactions
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: NorthEdge acquires Catalis; player spends AUD$220,000 (£118,000) on free-to-play microtransactions; Project xCloud preview goes live. NorthEdge acquires Catalis VC firm NorthEdge Capital has acquired UK video game company [...]
PUBG Mobile Revenue Passes USD$1 Billion (£803.6m); Unity Acquires DeltaDNA
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: PUBG Mobile Revenue Passes USD$1 Billion (£803.6m); Unity Acquires DeltaDNA; French Court's Steam Second Hand Sales Ruling Contradicts EU Law, Says Trade Body PUBG Mobile Revenue Passes [...]
The Future of Premium? Hands on With Apple Arcade
By the time Apple's mobile gaming subscription service launched yesterday, we'd all heard plenty of theorising about the potential success, failure and impact of the platform. A lot of questions remain that will only be answered with the passage of time. [...]
Minecraft Surpasses 112m Monthly Users; UK MPs Suggest Player Data Should Be Shared with Researchers
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Minecraft surpasses 112m monthly users; UK MPs suggest player data should be shared with researchers; and Discord abandons Nitro games library. Minecraft surpasses 112 million monthly users Minecraft [...]
Hyper-Casual Esports Platform Ready Raises USD$5m (£4.1m)
BITKRAFT Esports Ventures has spearheaded a USD$5m (£4.1m) Series A funding round in competitive hyper-casual platform Ready. By any technical definition, Ready is an esports offering. At its most fundamental, it lets players do battle in multiplayer games for cash prizes. [...]
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