PlaySimple Acquired By MTG For Over $500M
It was recently announced that Modern Times Group had acquired the studio PlaySimple. The deal is worth $359.6 million, but,Continue Reading
Tag: GamesIndustry.biz
Veloxia Technology Interactive Raises $3M In Funding Round
Veloxia Technology Interactive recently announced that it has raised $3 million in a round of funding. This information was firstContinue Reading
GAME Sells “Player 1 Events” To Supernova Capital
British retailer GAME recently announced it sold Player 1 Events, the division responsible for organizing the Insomnia Gaming Festival, to SupernovaContinue Reading
Bobby Kotick Set To Receive $155M Pay Packet From Activision-Blizzard
Activision-Blizzard shareholders recently voted to approve a pay packet for company boss Bobby Kotick. It is being reported Kotick willContinue Reading
“Valheim” Gives Embracer Group Big Boost In Net Sales
On May 20th, Embracer Group unveiled its fourth quarter and fiscal year earnings. The company has sold 6.8 million copiesContinue Reading
U.S. Gaming Audience Cut In Half From 2020 To 2021
The NPD group recently released its 2021 Evolution of Entertainment report. In this study, it was revealed that the numberContinue Reading
Who Has Emerged As The Clear Winner In The Apple-Epic Games Lawsuit?
Ray Wang of MarketWatch, recently posted an article entitled “Opinion: In the Epic vs. Apple court fight, there’s one clear winner”.Continue Reading
Facebook Gaming Acquires Unit 2 Games
On June 4th, Facebook announced it had acquired Unit 2 Games, the organization behind the free-to-play game creation/sharing tool Crayta.Continue Reading
What We Learned From The Apple-Epic Trial So Far (Part Two)
The federal trial between Apple and Epic Games began on May 3rd, 2021. According to court documents, the businesses willContinue Reading
Google Stadia Is “Alive And Well,” Company Says
In a recent conversation with GamesIndustry.biz, the company’s developer marketing lead, Nate Ahearn, said Google Stadia is “alive and well.”Continue Reading
66% Of Gamers More Likely To Play Socially Responsible Games
Accenture recently interviewed 4,000 individuals and asked them how likely they were to play a video game that promotes socialContinue Reading
Sony Facing Lawsuit Over Playstation Store
According to Bloomberg, Sony Interactive Entertainment was recently sued for allowing the Playstation Store to be the only outlet forContinue Reading
Multiverse Raises $17.5M For Hybrid Gaming Platform
American video game developer Multiverse, Inc. recently reported it raised $17.5 million in a round of Series A funding. InvestmentsContinue Reading
Blaze Entertainment Announces Home Gaming System
Blaze Entertainment recently announced it will be launching a retro home gaming device. The Evercade VS is scheduled to beContinue Reading
Tik Tok Parent Company Bytedance Acquires C4games
On April 14th, Bytedance’s gaming unit, Nuverse, announced it had acquired Chinese developer C4games. This comes after Nuverse bought MoontonContinue Reading
New Research Shows Increase In Older Gamers
According to a new report from GWI (Global Web Index), the number of older gamers across the globe has increasedContinue Reading
Report: Cloud Gaming Revenue To Exceed $1.4B This Year
According to a recent report by esports analytics company Newzoo, a new study showed that cloud gaming could generate $1.4Continue Reading
Activision Blizzard Consolidating European Publishing Operations Into UK Hub
Gaming Giant Activision Blizzard said it plans on closing various publishing offices across Europe and consolidating these operations into aContinue Reading