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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 [...]
Nintendo Targeting Record Annual Sales; Team17 Records 34% Revenue Increase
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nintendo targeting record annual sales; Team17 records 34% revenue increase; and Fomo Games raises TRY₺17m (£1.6m). Nintendo targeting record annual sales Nintendo is targeting a record year in [...]
Tencent Boosts Century Huatong Stake; ironSource in Rumoured Talks with Thoma Bravo SPAC
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tencent boosts Century Huatong stake; IronSource in rumoured talks with Thoma Bravo SPAC; and EA suspends discretionary content allocation. Tencent boosts Century Huatong stake Tencent Holdings Limited has [...]
Super League Gaming to Acquire Mobcrush; Midgame Fund Now Taking Pitches
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Super League Gaming to acquire Mobcrush; Midgame Fund now taking pitches; and AudioMob launches proprietary DSP. Super League Gaming to acquire Mobcrush Santa Monica-based video game and esports [...]
Roblox Goes Public at USD$38.3bn Valuation; EA Employee Allegedly Selling FUT Cards
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox goes public at USD$38.3bn (£27.5bn) valuation; EA employee allegedly selling FUT cards; and Epic Games acquires Capturing Reality. Roblox goes public at USD$38.3bn (£27.5bn) valuation User-generated game [...]
Leaf Mobile Signs LOI to Acquire Truly Social Games; Nodwin Gaming Raises ₹1.64bn
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Leaf Mobile signs LOI to acquire Truly Social Games; Nodwin Gaming raises ₹1.64bn (£16.2m); and Omeda Studios secures USD$2.2m (£1.6m) in seed funding. Leaf Mobile signs LOI [...]
tinyBuild Lists in £154m IPO; Blade Files for Bankruptcy
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: tinyBuild lists in £154m IPO; Blade files for bankruptcy; and GameStop establishes strategic transformation committee. tinyBuild lists in £154m IPO Seattle-based publishing group tinyBuild has completed a £154m [...]
Six to Start Acquired for USD$6.65m; Audacity Games Founded
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Six to Start acquired for USD$6.65m (£4.80m); Audacity Games founded; and Allied Esports receives USD$100m (£72.2m) acquisition offer. Six to Start acquired for USD$6.65m (£4.80m) London-based gamified fitness [...]
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 [...]
Zynga Acquires Echtra Games; AppLovin Files S-1 Ahead of IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Zynga acquires Echtra Games; AppLovin files S-1 ahead of IPO; and Vungle secures GameRefinery acquisition. Zynga acquires Echtra Games Zynga has announced the acquisition of multiplatform developer publisher [...]
Epic Games Acquires Mediatonic; Maestro Secures USD$15m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Epic Games acquires Mediatonic; Maestro secures USD$15m (£11m); and All-Star Games raises USD$1.5m (£1.1m). Epic Games acquires Mediatonic Epic Games has announced that it has acquired Tonic Games [...]
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