TGE Index Investment Report - Q4 & Year-End 2020
Video game sensation and global cultural phenomenon Fortnite now courts the attention of 200 million players. That's according to Bloomberg, which points out that the shooter's user base is now approximately comparable to the populace of sizeable nations like Brazil. Put [...]
Sony Launches Immersive Music Division; Ubisoft Partners with Lucasfilm on Star Wars Title
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Sony launches immersive music division; Ubisoft partners with Lucasfilm on Star Wars title; and Tilting Point to invest USD$10m (£7.3m) in Storytaco's Dangerous Fellows. Sony launches immersive [...]
EA Usurps Take-Two in Codemasters Takeover; Roblox to Delay IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: EA usurps Take-Two in Codemasters takeover; Roblox to delay IPO; and ForeVR launches with USD$1.5m (£1.1m) in funding. EA usurps Take-Two in Codemasters takeover Electronic Arts (EA) has [...]
Microsoft Acquires Smash.gg; GreenPark Sports Secures USD$14m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft acquires Smash.gg; GreenPark Sports secures USD$14m (£10m); and VisiSonics raises USD$3.5m (£2.6m) for 3D sound technology. Microsoft acquires Smash.gg Microsoft has acquired esports tournament organisation platform Smash.gg [...]
Leaf Mobile in Company-Record Quarter; VR Headset Sales to Reach 6.4 Million in 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Leaf Mobile in company-record quarter; VR headset sales to reach 6.4 million in 2020; and Yoplait to sponsor LDN UTD. Leaf Mobile in company-record quarter Vancouver-based Leaf Mobile, [...]
Survios Raises USD$16.7m; Quarter of Ubisoft Employees Experienced Misconduct
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Survios raises USD$16.7m (£12.9m); quarter of Ubisoft employees experienced misconduct; game streaming retains momentum. Survios raises USD$16.7m (£12.9m) Los Angeles-based VR developer Survios has raised USD$16.7m (£12.9m) in [...]
Embracer Group Acquires Vertigo Games; Zwift Raises USD$450m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires Vertigo Games; Zwift raises USD$450m (£349m); and Wisdom Gaming Group secures USD$3m (£2.3m). Embracer Group acquires Vertigo Games Embracer Group AB has announced that its [...]
Sony Cuts PS5 Production by 4 Million Units; Facebook Oculus Quest 2 Leaked
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 [...]
Riot Games Terminates Neom Partnership; Volograms Raises €1.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Riot Games terminates Neom partnership; Volograms raises €1.5m (£1.4m); and Konami enters PC hardware market. Riot Games terminates Neom partnership Riot Games has announced that it has terminated [...]
Vindex to Invest USD$300m in GAME's Belong; Mobile App Fraud Falls 30%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Vindex to invest USD$300m (£232m) in GAME's Belong; mobile app and game fraud falls 30%; and Polyarc raises USD$9m (£7m). Vindex to invest USD$300m (£232m) in GAME's [...]
Huuuge Games Acquires Double Star; EU IMCP Recommends New Loot Box Approach
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge Games acquires Double Star; EU IMCP recommends new loot box approach; and 2020 XR forecast revised to USD$6.9bn (£5.4bn). Huuuge Games acquires Double Star Szczecin, Poland-based developer-publisher [...]
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