Business Of Esports – Weekly News 426
In this week’s esports business news: Take-Two supporting the LGBTQ+ community, a potential Bungie mobile game in the works, Zynga relocatingContinue Reading
Tag: Bungie
This Independent Game Developer Just Secured A $50M Investment
On September 22nd, Theorycraft Games announced the company raised an additional $50 million in a Series B funding round. InContinue Reading
Is Bungie Working On A Mobile Game?
As first noticed by The Game Post, it appears that Bungie Inc. has filed six patents recently for touchscreen controls.Continue Reading
Sony Re-Evaluating After Disappointing Start To 2022
Sony Group Corp scaled back their profit forecast after a so far-disappointing 2022 for its gaming sector, which the companyContinue Reading
This New Title To Be Showcased In August
Bungie announced that Destiny 2: Lightfall, the penultimate expansion in the Destiny franchise, will be revealed on August 23rd, theContinue Reading
Sony Acquires Esports Tournament Platform
On July 18th, it was announced that Sony was acquiring the esports tournament platform Repeat.gg. As Repeat puts it, thisContinue Reading
Paul Bertone Appointed Technical Design Director At 343 Industries
Former Bungie Director Paul Bertone has joined 343 Industries to assist on the newest Halo Infinite entry. In his newContinue Reading
Destiny 2 Developer Suing Video Game Streamer
Bungie Inc. is reportedly suing streamer and Twitter personality Luca Leone for $150,000. This comes after the company alleged heContinue Reading
Destiny 2 Going Competitive?
Does Destiny 2 have goals of becoming a competitive esport? A job listing from the game’s developer Bungie seems toContinue Reading
Destiny 2: Best Things You Wish You Knew Before Starting The Game
Destiny 2 lets you experience First-person Shooter gameplay with MMOG elements. It was brought to you by Bungie for MultipleContinue Reading
Five Free-To-Play PlayStation Store Games Generated $2B For Sony
Sony reportedly made over $2 billion from five free-to-play games in 2021. Despite these successes, the company is still lookingContinue Reading
Sony Believes PC Games Will Generate $300M For The Company This Year
After announcing the company wants to make half of its video games for PCs and mobile devices by 2025, itContinue Reading
Electronic Arts In Talks To Sell
Insiders are reporting that Electronic Arts is actively seeking a potential buyer or merger, with companies Apple, Disney, and AmazonContinue Reading
Sony Looking To Expand Presence In The Metaverse
Sony Group Corp. recently announced its plans to expand its presence in the metaverse, drawing on its expertise in gamingContinue Reading
Paradox Interactive Looking Into Some Major Acquisitions
Swedish game publisher Paradox Interactive might be looking to build on a big year for gaming studio acquisitions. Microsoft isContinue Reading
Bungie Calls Out Racism In Gaming Following Buffalo Supermarket Mass Shooting
Video game developer Bungie is calling on fellow gaming companies to examine how racism and radicalization occur in their ownContinue Reading
Sony Doubles Its Fourth-Quarter Profits
Sony Group Corp. announced that its fourth-quarter operating profit more than doubled to $1.06 billion. The company benefited from PS5Continue Reading
Federal Trade Commission Investigating Sony’s Acquisition Of Bungie
Sony’s acquisition of Bungie Inc. is reportedly being investigated by the United States Federal Trade Commission. This comes after theContinue Reading
Sony Wants To Invest $300M Into First-Party And Multi-Platform Games
Sony recently said it wants to invest $300 million into first-party PlayStation studios as part of the company’s two-pronged approachContinue Reading
Weekly News Show #229: No New Consoles, PlayStation First-Party, VALORANT Roadmap, Turtle Beach Sale, Take-Two Microtransactions, Bungie Exclusive, Saudi Esports, Star Wars Chairs, Best-Selling Switch Games
In the latest weekly news and podcast after-show (sponsored by YouGov), we discuss Nintendo’s having big concerns about its next console,Continue Reading
Tech Firms Competing For Deals Means More Money For Video Game Developers
Video game developers are champing at the bit ahead of an influx of money from some of the biggest technologyContinue Reading
Global Tech And Gaming Industry Begins Halting Sales To Russia
Tech companies around the world have begun suspending deliveries to Russia in compliance with international sanctions over the invasion ofContinue Reading
Google’s Next Move To Keep Stadia Alive
Google is allegedly turning Stadia into a white-label streaming program, one licensed by the business and used under its ownContinue Reading
Episode #190 (Video): Rohan Bose, Esports Valuations, Roblox Rollercoaster, Activision-Blizzard & Bungie Prices
In this episode, with special guest Rohan Bose (Associate at Teknos Associates), we discuss how his organization values esports companies,Continue Reading
Sony Shares Continue To Slide As Gaming Concerns Re-Emerge
Shares in Sony Group Corp slid as much as 8.8% in early trading in Tokyo at the beginning of theContinue Reading
Episode #190: Rohan Bose, Esports Valuations, Roblox Rollercoaster, Activision-Blizzard & Bungie Prices
In this episode, with special guest Rohan Bose (Associate at Teknos Associates), we discuss how his organization values esports companies,Continue Reading
Sony Spending $1.2 Billion On Employee Retention Plan For Bungie Workers
During its recent Q3 2021 earnings report, Sony confirmed that it would be spending one-third ($1.2 billion) of the moneyContinue Reading
Sony Plans To Launch More Than Ten Live Service Games Before March 2026
In a recent investor call, Sony revealed its plans to launch more than ten new live service games by MarchContinue Reading