TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: AT&T mulls USD$4bn (£3.2bn) Warner Bros. gaming sale; Nazara acquires majority stake in Halaplay; Aiva Technologies raises €1.5m (£1.3m); and Kahoot raises USD$28m (£22m). AT&T mulls USD$4bn [...]

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: Wave raises USD$30m (£24m); Baidu acquires Redfinger; and UK to launch APAC Digital Trade Network. Wave raises USD$30m (£24m) Los Angeles-based digital concert broadcaster Wave has raised USD$30m [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: GameStop posts USD$165m (£130m) loss; Playrix acquires Cateia Games; and Nintendo confirms 300,000 accounts may have been compromised. GameStop posts USD$165m (£130m) loss Retailer GameStop has recorded a [...]

Esports tournament and broadcasting platform Boom.tv, best known for organising the Code Red competitive gaming series, has raised USD$10m (£8.1m) in an oversubscribed Series A funding round led by BITKRAFT Esports Ventures. Alongside the tournament series, the San Mateo-based platform offers [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Gen.G partners with Puma; organisational changes at Arc System Works; and Brøndby IF expands hummel partnership to esports. Gen.G partners with Puma German sports clothing brand Puma has [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: DCMS calls for more loot box evidence; Sony fined AUD$3.5m (£1.9m); and Sandsoft Games launches. DCMS calls for more loot box evidence The UK Department for Digital, Culture, [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Activision Blizzard shareholders file CEO pay complaint; Cloud9 partners with Guinevere Capital; and NetEase establishes first console studio. Activision Blizzard shareholders file CEO pay complaint Voting advisory bodies [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive signs collective bargaining agreement with unions; Konami establishes Western publishing unit; and Big Fish Games settles lawsuit for USD$155m (£123.2m). Paradox Interactive signs collective bargaining [...]

On Monday (1st June 2020), Zynga announced that it would acquire Istanbul-based Peak for a total consideration of USD$1.8bn (£1.4bn), marking its largest acquisition, and the largest exit by Turkish start-up, to-date. With the deal expected to close within the [...]