TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Adobe acquires Facebook’s VR sculpting tool Medium; Epic Game Store enables third-parties to offer in-game purchases; Bethesda puts The Elder Scrolls Legends development on hold. Adobe acquires Facebook’s VR sculpting tool Medium Creative software provider Adobe has acquired the VR sculpting tool Medium from Facebook for an undisclosed sum. Launched by the social media giant in December 2016, the art tool previously let users of VR systems paint, sculpt [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Qualcomm and Niantic collaborating on new AR glasses; Wildlife Studios raises USD$60m (£45.7m) for mobile portfolio; Gameloft closes UK studio. Qualcomm and Niantic collaborating on new AR glasses The studio behind the phenomenally popular augmented reality mobile game Pokémon GO is working with semiconductor and telecommunications equipment giant Qualcomm to develop a new AR headset. While Pokémon GO was pivotal in introducing mobile to the masses, as highlighted by [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Call of Duty Mobile generates USD$87m (£66m); Ragnarok sues Human Head; Microsoft working on low-cost disc-less Scarlett console; Microsoft shareholders reject publication of gender pay gap report. Call of Duty Mobile generates USD$87m (£66m) Call of Duty Mobile has generated USD$87m (£66m) from 172 million downloads since its release on 1st October, according to estimates from Sensor Tower Store Intelligence. The data suggests that demand for the title, [...]

In this guest post by the CEO of the mobile game insights and market data specialist GameRefinery, Markus Ramark considers a new way to build your targeting, and looks at why understanding player ‘affinity’ with given games might unlock new levels of success.   At its heart, the mobile games industry is a multi-billion dollar battle to find the highest spending, frequently playing, most loyal new players. Top-performing games are supported with marketing spend in the tens of millions, and app stores [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Nintendo Switch to launch in China on December 10th; Mario Kart Tour is most downloaded game of 2019; and Owlcat Games raises USD$1m (£770,000). Nintendo Switch to launch in China on December 10th The Nintendo Switch will launch in China on Tuesday December 10th, according to an official news briefing which took place this morning. The console, which will be marketed as “The Tencent Nintendo Switch” will be [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Riot settles gender discrimination lawsuit; Black Friday gaming spend hits USD$4.36bn (£3.37bn); and Switch projected to sell 9.46m units in December. Riot settles gender discrimination lawsuit Riot has settled a class action gender discrimination lawsuit for USD$10m (£7.7m), according to court documents filed yesterday (2nd December 2019). Under the terms of the settlement, every female employee who worked at Riot between November 2014 and the final date of [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: 2.4m backers see Star Citizen crowdfund USD$250m (£193m); Cloud dev outfit Area28 secures USD$2.15m (£1.6m); Yogscast game stream raises £1m for charity in under two days. 2.4m backers see Star Citizen raise USD250m (£193m) The space sim and trading game Star Citizen has seen its backers pledge over USD$250m (£193m). The game – now eight years deep into its development – is yet to be released, but over 2.4 [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Astralis set for esports team IPO first; Investor fears over Half-Life: Alyx and Cyberpunk 2077 clash dismissed by CD Projekt; Senior Ubisoft devs join Google’s in-house Stadia studio Astralis set for esports team IPO first Danish competetive gaming outfit Astralis is set to go public December 9th, making it the first esports team to pursue an IPO. Well sponsored and familiar with winning large prizes, Astralis is the world’s [...]

Tackling toxicity in online communities is a demanding, nuanced and sometimes thankless task. As communities around single games grow into tens of millions – or hundreds of millions in some cases –  a tiny minority of problematic users can still present a sizeable group, and cause real harm to significantly large audiences. The challenge in meeting, managing and countering toxicity is two-fold. Firstly, as a human craft game moderation can be remarkably demanding on community management staff. The thing is, there remains [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Hyper-casual games proliferate by 170%; Valve Index sells out in some regions; and Genvid raises USD$27m (£21m). Hyper-casual games proliferate by 170% Hyper-casual gaming titles have proliferated by 170% over the course of the past year, three times more than the industry average, according to The State of Gaming App Marketing report released by AppsFlyer. The lightweight, ad-supported titles now form the genre with the highest average installs [...]