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 [...]
Roblox Raises USD$520m Ahead of Direct Listing; SuperData Forecasts 2% Growth for 2021
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$520m (£382m) ahead of direct listing; SuperData forecasts 2% growth for 2021; and Trump administration mulling Tencent investment ban. Roblox raises USD$520m (£382m) ahead of [...]
EVOS Esports Raises USD$12m; Alliance Entertainment Acquires GameFly
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EVOS Esports raises USD$12m (£9.3m); Alliance Entertainment acquires GameFly; and active development ceased on StarCraft II. EVOS Esports raises USD$12m (£9.3m) Singapore-based Attention Holdings, parent company of EVOS [...]
Virtuos Acquires CounterPunch Studios; Mogul Raises AUD$8m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Virtuos acquires CounterPunch Studios; Mogul raises AUD$8m (£4.4m); and Unity Ads joins AppLovin and IronSource in gaming ads triopoly. Virtuos acquires CounterPunch Studios Singaporean developer Virtuos has acquired [...]
Roblox Preparing to go Public; ProbablyMonsters Opens RPG Studio
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox preparing to go public; ProbablyMonsters opens RPG studio; and Torque Esports in USD$3.15m (£2.44m) partnership with Simply Mac. Roblox preparing to go public California-based gaming platform Roblox [...]
Take-Two Interactive to Acquire Playdots for USD$192m; RektGlobal Buys Fearless Media
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Take-Two Interactive to acquire Playdots for USD$192m (£146m); RektGlobal buys Fearless Media; and first India-focused video games VC firm launches. Take-Two Interactive to acquire Playdots for USD$192m [...]
Mission Control Raises USD$1.75m; Riot Games Centralises League of Legends Esports
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Mission Control raises USD$1.75m (£1.38m); Riot Games centralises League of Legends esports; and Voltage Entertainment USA workers take strike action. Mission Control raises USD$1.75m (£1.38m) Recreational league esports [...]
Focus Home Interactive Acquires Deck13; Keywords Purchases Coconut Lizard
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Focus Home Interactive acquires Deck13; Keywords purchases Coconut Lizard; and Koch Media launches Americas publishing unit. Focus Home Interactive acquires Deck13 Paris-based publisher Focus Home Interactive has acquired [...]
Apple Faces European Antitrust Investigation; FirstMark Raises USD$650m Fund Duo
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple faces European antitrust investigation; FirstMark raises USD$650m (£515m) fund duo; and Eidos-Montréal to open Eidos-Sherbrooke. Apple faces European antitrust investigation Apple is facing a formal antitrust investigation [...]
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