News
GDC Postponed; Better Collective Acquires HLTV.org ApS
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GDC postponed; Better Collective acquires HLTV.org APS; Platinum Games clarifies The Wonderful 101 Kickstarter; and End Game Interactive raises USD$3m (£2.3m). GDC postponed Following a spate of exhibitor [...]
Game Financial Reports Round-Up: Sony, Microsoft, Nintendo, Zynga, Activision Blizzard, Ubisoft, Take-Two and More
[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 [...]
iDreamSky in Leyou Takeover Talks with CVC; Facebook Sues oneAudience
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: iDreamSky in Leyou takeover talks with CVC; Facebook sues oneAudience; and NetEase releases 2019 financial results. iDreamSky in Leyou takeover talks with CVC Mobile developer iDreamSky Technology Holdings [...]
Roblox Raises USD$150m, App Samurai Closes USD$2.4m Funding Round
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$150m (£116m), App Samurai closes USD$2.4m (£1.8m) funding round; USD$1.8m (£1.4m) investment in casual mobile studio FunCraft; and Valve soliciting proposals for The International [...]
Global Esports Revenue to Hit USD$1.1bn; Facebook Acquires Sanzaru Games
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Global esports revenue to hit USD$1.1bn (£848m); Facebook acquires Sanzaru Games; and PlatinumGames establishes new studio. Global esports revenue to hit USD$1.1bn (£848m) The esports economy is predicted [...]
European Mobile Gaming Share to Contract; Speedinvest Raises €190m Fund
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: European mobile gaming share to contract; Speedinvest raises €190m (£159.2m) fund; Sega invests in Flutin; and Xbox reveals Series X capabilities. European mobile gaming share to contract The [...]
Google Rolls Out Hypercasual Platform; CD Projekt Now Europe's Second-Largest Game Company
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Google rolls out hypercasual platform for low spec devices and networks; CD Projekt now Europe's second-largest game company; and Oculus making 'significant headway' against HTC's VR [...]
Netmarble Releases 2019 Financial Results; Atomico & Founders Fund Announce New Capital
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Netmarble releases 2019 financial results; Atomico and Founders Fund announce new capital; and Kwalee pays out over £1m in employee profit share scheme. Netmarble releases 2019 financial [...]
Embracer Group Acquires Saber Interactive; Paradox Interactive Revenue Up 14%
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Embracer Group acquires Saber Interactive; Paradox Interactive revenue up 13%; and ESL and Dreamhack sign revenue-sharing agreement with 13 leading teams. Embracer Group acquires Saber Interactive Embracer Group [...]
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 [...]
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