TGE Index Investment Report - Q4 & Year-End 2020
Apple is rumoured to be working with game outfit Valve on an augmented reality headset that may be due for release next year. Citing industry sources, DigiTimes points to late 2020 as the earliest reasonable debut for unnamed headset, and identifies [...]
Theorycraft Games Raises USD$37.5m; Motorsport Games to Acquire Studio397
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Theorycraft Games raises USD$37.5m (£26.9m); Motorsport Games to acquire Studio397; and chat platform Stream secures USD$38m (£27.3m). Theorycraft Games raises USD$37.5m (£26.9m) Seattle and Los Angeles-based studio Theorycraft [...]
MTG Increases Innogames Investment; Wizard Games Secures 9-Figure Tencent Funding
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: MTG increases Innogames investment; Wizard Games secures nine-figure Tencent funding; and Quell raises USD$3m (£2.2m) for gamified home fitness. MTG increases Innogames investment Modern Times Group (MTG) has [...]
Paradox Interactive Staff Allege Poor Treatment; Gameye raises USD$2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive staff allege poor treatment; Gameye raises USD$2.4m (£1.8m); and Apple countersues Epic Games. Paradox Interactive staff allege poor treatment Multiple employees from Paradox Interactive have accused [...]
Scopely Raises USD$200m for M&A; The Sandbox Secures USD$2m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Scopely raises USD$200m (£173.1m) for M&A; The Sandbox secures USD$2.01m (£1.74m); Robin Games secures USD$7m (£6.05m) seed funding; and Mainframe Industries raises €7.6m (£7.1m). Scopely raises USD$200m [...]
55% of UK Dev Jobs Are Outside of London and the South East; Atari to Open Gaming Hotels
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: 55% of UK dev jobs are outside of London and the South East; Atari to open gaming hotels; and USD$10m-plus (£7.68m-plus) contracts for top streamers departing Twitch 55% [...]
Adobe acquires Facebook's Medium; Epic Game Store enables third-party in-game purchasing
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Adobe acquires Facebook's VR sculpting tool Medium; Epic Game Store enables third-parties to offer in-game purchases; Bethesda puts The Elder Scrolls Legends development on hold. Adobe acquires [...]
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 [...]
Mario Kart Tour Reaches 90 Million Downloads; Ustwo Games Accused of Union Busting
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Mario Kart Tour reaches 90 million downloads; Ustwo Games accused of union busting; and PS4 cross-play moves out of beta. Mario Kart Tour reaches 90 million downloads Mario [...]
Gamescom Round-Up: The Google, Nintendo and Microsoft Conference Streams
The vast expo Gamescom kicks off tomorrow, starting its 11th year. Likely to attract hundreds of thousands of consumer and trade attendees, the event is now a giant of the gaming sector. And as is something of a tradition, the day [...]
Analysis: Grand Theft Auto Online's New 'Real Money Casino'
If you've browsed the mainstream press recently - and read beyond the news of the new UK Prime Minister - you may have noticed a story ripe with controversy. The perennially popular Grand Theft Auto Online has recently enabled the [...]
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