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 [...]
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 [...]
Ubisoft Recruiting for AAA VR Title; Current-Gen Console Sales Declining at Faster Rate
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Ubisoft recruiting for AAA VR title; current-gen console sales declining at faster rate; and ByteDance appoints head of gaming. Ubisoft recruiting for AAA VR title Ubisoft Blue Byte [...]
Flowstate Games Closes Pre-Seed Funding Round; HQ Trivia Folds
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Flowstate Games closes pre-seed funding round; HQ Trivia folds; Sonic the Hedgehog breaks video game box office record; and Tematem raises USD$3.5m (£2.7m). Flowstate Games closes pre-seed [...]
Nvidia Revenue Climbs 41%; Sony Wrestling with PlayStation 5 Price-Setting
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Nvidia revenue climbs 41%; Sony wrestling with PlayStation 5 price-setting; and Google Activision Blizzard deal valued at USD$160m (£123m). Nvidia revenue climbs 41% Nvidia has published its financial [...]
Lessons to Learn From English Heritage's Ill-Conceived Swipe at Gaming
English Heritage yesterday found itself at the centre of something of a social media storm when it was noted that a recent marketing campaign by the history charity took a swipe at gaming. As highlighted in a tweet by Paul Kilduff-Taylor [...]
Tim Sweeney Warns Against "Customer Adversarial" Models; Double Loop Games Raises USD$2.5m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Tim Sweeney warns against "customer adversarial" practices, Double Loop Games raises USD$2.5m (£1.9m), and Bit Fry Game Studios raises USD$3.5m (£2.7m). Tim Sweeney warns against "customer adversarial" [...]
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