TGE Index Investment Report - Q4 & Year-End 2020
The mobile game Honor of Kings has generated USD$1bn (£757.5m) through the month of February. By now, stories of free-to-play mobile games making extravagant amounts of money are relatively familiar, but the ramping success of TenCent's 'multiplayer online battle arena' game [...]
US Game Sales Up 35%; ValueAct Gains USD$1.1bn Stake in Nintendo
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: ValueAct gains USD$1.1bn (£891m) stake in Nintendo; US game sales up 35%; and Boost VC closes USD$40m (£32m) fund. US game sales up 35% US consumer spend across [...]
US Gaming Time Up 45%; SteelSeries Acquires A-Volute
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: US gaming time up 45%; SteelSeries acquires A-Volute; and Torque Esports partners with Blake Broadcasting. US gaming time up 45% Time spent gaming in the United States has [...]
COVID-19 and the Game Industry: News Round-up [UPDATED 7th April]
[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 [...]
Arcades Are Dead; Long Live... Airport Gaming Lounges?
The classic video game arcade has almost become a trope for nostalgia. They appear across contemporary fiction as shorthand for a fondly remembered version of the 1970s and 1980s. The arcade's 'passing' is often lamented in tandem with warm, fuzzy memories [...]
Team17 Acquires Yippee Entertainment; Worldwide Christmas App Spend Tops USD$277m (£209.6m); Nexon Sell off Gloops For JPN¥1 (£0.007)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17 picks up Yippee Entertainment; Worldwide Christmas spend on apps tops USD$277m (£209.6m); and Nexon sells off mobile development subsidiary for JPN¥1 (£0.007). Team17 picks up Yippee [...]
Tencent to Leverage Nintendo Partnership; Monthly Gaming Ad Spend on US TV Reaches USD$60.3m (£47.2m)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent to leverage partnership with Nintendo; US gaming industry ad spend reaches USD$60.3m (£47.2m); and Homescapes passes USD$1bn (£782m) in lifetime revenue. Tencent to leverage partnership with [...]
Niantic Establishes Developer Fund & Location Sponsorship; China & US Agree to Roll Back Tariffs
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Niantic establishes developer fund and location sponsorship; China and US agree to roll back tariffs; and US gaming spending reaches USD$9.18bn (£7.13bn) in Q3 2019. Niantic establishes [...]
The FCC can Repeal Net Neutrality; Rune Raises USD$2m (£1.62m)
TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: The FCC can repeal net neutrality; Rune raises USD$2m (£1.62m); and AlphaDream files for bankruptcy. The FCC can repeal net neutrality - Court of Appeals The US District [...]
THQ Nordic Sales Increase by 36%; Loot Crate Files for Bankruptcy
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s edition: THQ Nordic sales increase by 36%, announces multiple acquisitions; Loot Crate files for bankruptcy; and US delays tariffs on China-made games consoles. THQ Nordic sales increase by 36%, [...]
PlayStation 4 has sold 100 million units worldwide; GitHub access restricted in Iran, Syria and Crimea
TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: PlayStation 4 has sold 100 million units worldwide; GitHub access restricted in Iran, Syria and Crimea; and Qualcomm and Tencent announce partnership. PlayStation 4 has sold 100 million [...]
Follow TheGamingEconomy