TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony cuts PS5 production by four million units; Facebook Oculus Quest 2 leaked; and CNET Media Group sold to Red Ventures for USD$500m (£389m). Sony cuts PS5 [...]

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 [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive acquires Playrion; Sony mulling offer for Leyou; and Tencent launches second US studio. Paradox Interactive acquires Playrion Stockholm-based developer-publisher Paradox Interactive has announced that it has [...]

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 [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Lightspeed raises USD$4.2bn (£3.3bn) fund trio; Esports Entertainment Group in USD$8.4m (£6.7m) IPO; and SIE announces USD$10m (£7.9m) development fund. Lightspeed raises USD$4.2bn (£3.3bn) fund trio California-based VC [...]

[LATEST UPDATE: 3rd April] As the COVID-19 novel coronavirus continues its spread and has hit pandemic level, there has been a growing impact on the game industry. The game sector's problems, of course, are trivial compared to the millions impacted and [...]

[LAST UPDATE: 28th February, 2020] The time of year has come when myriad gaming companies and other tech outfits are releasing their new financial reports, with the conventional Q4 financial quarter drawing to a close on the final day of 2019. The [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ubisoft recruiting for AAA VR title; current-gen console sales declining at faster rate; and ByteDance appoints head of gaming. Ubisoft recruiting for AAA VR title Ubisoft Blue Byte [...]

PlayStation is skipping on attending E3 this year, just a few months before it plans to launch the PS5. A decade or so ago, that would have seemed like a very peculiar move. E3 has long been the place to announce [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Gameloft partners Blacknut for cloud gaming; PUBG Mobile lifetime revenue passes USD$1.5bn (£1.1bn); Sony hires Greg Rice and Christian Svensson. Gameloft partners Blacknut for cloud gaming Mobile publisher [...]