Mental Health Foundation Asks The Gaming Industry To Take Better Care Of Its Players
The Mental Health Foundation is calling on members of the gaming industry to take more steps to ensure the safetyContinue Reading
Tag: GamesIndustry.biz
Gaming Investments Hit $38.5B Last Year
According to a report that was recently released by Digital Development Management, video game investments garnered $38.5 billion in 2021.Continue Reading
Elden Ring Has Become The Fastest-Selling Soulsbourne Game Of All-Time
It is no secret that Elden Ring has been a huge success. In fact, according to GfK boxed charts fromContinue Reading
Findings From Facebook’s Games Marketing Insights Report For 2022
Facebook recently debuted its Games Marketing Insights report for 2022. This delivers new research on player trends and motivations inContinue Reading
Nintendo Acquires Partner Studio SRD Co. Ltd
Nintendo recently announced it had acquired its long-time development partner SRD Co. Ltd in a deal that will see theContinue Reading
Backbone Announces $40M Funding Round With Backing From Several Celebrities
The mobile game streaming platform Backbone recently announced it raised $40 million in a Series A funding round. According toContinue Reading
Saudia Arabia’s Public Investment Fund Invests Over $1B Into Capcom And Nexon
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, recently announced it purchased a combined holding of $1 billion inContinue Reading
Ubisoft Restructures Its Esports Division
On February 1st, Ubisoft announced it was restructuring its esports branch into one single global division. Additionally, François-Xavier Deniele wasContinue Reading
Turkey Wants To Play A Bigger Role In The Global Gaming Industry
It looks like Turkey wants to further cement its place in the global gaming sector. According to Bilişim Vadisi’s GeneralContinue Reading
Twitch, Facebook, And YouTube Averaged 653M Hours Of Streams Weekly In 2021
A recent Stream Hatchet report showed that, on a weekly basis, people averaged 653 million hours of content viewed onContinue Reading
Sony Buys Bungie For $3.6B
Sony Interactive Entertainment recently announced it had purchased Bungie Inc. for $3.6 billion. According to Gamesindustry.biz, Bungie will act asContinue Reading
Riot Games Suing Vietnamese Company For Alleged League Of Legends Rip Off
Riot Games recently filed a lawsuit against the Vietnamese company Imba Technology. Riot is accusing the organization of copying LeagueContinue Reading
Microsoft Announces Quarterly Financial Results
On January 25th, Microsoft unveiled the company’s quarterly financial results for the three-month period that officially ended on December 31,Continue Reading
Spyke Games Secures $55M
Spyke Games recently announced the company raised $55 million in a seed funding round. This money will reportedly be usedContinue Reading
Consumer Spending On U.S. Games Hit $60.4B In 2021
Total consumer spending on U.S. games hit $60.4 billion in 2021. According to NDP Group, this represents an 8% increaseContinue Reading
$255M Raise By Dream Games Secures The Company A $2.75B Valuation
The mobile studio Dream Games recently announced it raised $255 million in a Series C funding round, bringing the company’sContinue Reading
Raven Software Strike Enters Its Fifth Week
Employees of Raven Software, a subsidiary of Activision, have been on strike for five weeks after Activision laid off aContinue Reading
Investment, Merger, And Acquisition Levels In 2021 Outperforming 2020 Levels
The Digital Development Management (DDM) Agency recently released its summary tracking third-quarter gaming investments. According to the report, investments, mergers,Continue Reading
Global Esports Viewership Numbers Continue To Increase
According to a recent report from the Consumer Technology Association, the global esports audience is expected to hit 519 millionContinue Reading
Admix Raises $25M In Series B Financing Round
The video game monetization company Admix recently announced it closed a $25 million Series B round of financing. This moneyContinue Reading
Riot Games Purchases Seattle Office Location For Over $114M
On December 9th, Riot Games announced it had acquired a new physical office space near Seattle that is based inContinue Reading
Qualcomm Unveils Handheld Development Kit Powered By First Dedicated Gaming Chip
Qualcomm unveiled a new chip, the Snapdragon G3x Gen 1, geared towards handheld gaming devices, offering 5G connectivity as wellContinue Reading
Epic Games Adds Retro Cloud Gaming Service To Store
The Epic Games Store is expanding with the introduction of the cloud gaming service, Antstream Arcade. This platform allows usersContinue Reading
Tencent Creates New Game Publishing Division
On December 7th, Tencent announced it was launching a new video game publishing division called Level Infinite. Gamesindustry.biz said thatContinue Reading
Sneaky Panda Nets $6M In Funding Round
Sneaky Panda recently announced the organization raised $6 million in a seed funding round. This money will reportedly be usedContinue Reading
Maximum Games Acquired By Zordix For $42M
On November 29th, the Swedish gaming firm Zordix announced that it had acquired Maximum Games. The deal was for $42Continue Reading
Beach Bum Acquired By Mobile Gaming Company Voodoo
The mobile gaming company Voodoo recently announced it had acquired the Israeli development team Beach Bum. At this time, theContinue Reading
PlayStation 5 Owners Prefer Physical Copies Of Games Over Downloads
According to Games Sales Data’s (GSD) presentation at GI Live, PlayStation fans across Europe and beyond heavily favor retail forContinue Reading