TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Digital Bros moves to acquire Starbreeze; US game content generates USD$35.4bn (£27.0bn) in 2019; and Media and Games Invest acquires Verve assets. Digital Bros moves to acquire Starbreeze Milan-based entertainment firm Digital Bros has made a potential move to acquire Swedish developer Starbreeze, with the board authorising chairman Abramo Galante to purchase the assets in the Swedish publisher currently held by Korean developer publisher Smilegate Holdings, in a deal [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Disney sells FoxNext Games; Valve not planning release of Source 2 SDK; and Nintendo wins European Court ruling on digital refunds. Disney sells FoxNext Games Disney has sold FoxNext Games Los Angeles and Cold Iron Studios to mobile developer Scopely for an undisclosed sum, thought to be in the region of USD$250m (£191m). The San Francisco-based FoxNext Fogbank Entertainment studio was not included in the deal, and will likely [...]

Esports organisation Gen.G has partnered with cosmetics specialist Benefit to deliver a an initiative targeting female gamers that will include a series of beauty routine videos staring women popular as streamers and players. The ‘Game Face’ video series continues Gen.G’s apparent effort to recognise, serve and encourage female presence in the esports player-base, industry, community and audience. Not all females that devote time to gaming will find interest in beauty videos, of course, but the move seemingly demonstrates the significance of [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Tencent set to acquire Funcom for USD$148m (£114m); AppsFlyer raises USD$210m (£161m); Stillfront Group acquires Storm8 for USD$300m (£230m); and US state intervention attempt on Riot Games discrimination lawsuit. Tencent set to acquire Funcom Tencent Holdings Limited has made a formal offer to acquire the remainder of shares it does not currently own in Funcom SE, in an all-cash bid valuing the developer-publisher at NOK 1.33bn (£114m), which has [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Tencent to invest away from gaming; ByteDance to enter core gaming; and Rockstar claimed £37.6m in VGTR in 2019. Tencent to invest away from gaming Tencent Holdings executives are planning to diversify its investment strategy away from focusing on gaming and will look to fund retail and payment platforms to support its WeChat offering, according to comments made by the Shenzhen-based firm’s president Martin Lau. Speaking to over 500 [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: NHS calls for loot box ban; Ubisoft to restructure editorial team; and NetEase Tom and Jerry title reaches 100m users. NHS calls for loot box ban NHS mental health director Claire Murdoch has issued a statement calling for a ban on loot boxes and limitations to in-game spending, in efforts to combat persistent gambling and compulsive behaviours in children. The health body is also supporting the UK parliamentary [...]

CD Projekt Red has delayed the release of its eagerly anticipated sci-fi RPG Cyberpunk 2077. The game will now miss its scheduled April release slot, instead arriving in September 17th this year. That puts it in a very busy slot for new releases, and may mean it competes for attention with the arrival of next-gen consoles like the PS5 and Xbox Series X; platforms it is not understood to support. A release delay isn’t the most unusual event in the game industry, [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Twitch growth slows in 2019; Stadia to debut 120 titles; and Microsoft pledges carbon neutrality by 2030. Twitch growth slows in 2019 Twitch growth has slowed in 2019, with hours watched, hours streamed, number of unique channels and average concurrent viewership (CCV) all decreasing from Q1 to Q4, according to the Year in Review Live Streaming industry report released by Streamlabs and Newzoo. While Q4 results for the [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Mobile gaming to surpass USD$100bn (£76.8bn) in 2020; stable year for video games on Kickstarter; and Star Wars mobile games pass USD$1bn (£768m). Mobile gaming to surpass USD$100bn (£76.8bn) in 2020 Mobile gaming is forecast to generate over USD$100bn (£76.8bn) globally this year, according to the State of Mobile 2020 report released by App Annie. Through 2019, mobile gaming saw 25% more consumer spend than console and PC [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: USD$680m (£523m) spent in Epic Games Store; Valve Index sold out globally; and Asian gaming market to generate over USD$65bn (£50bn) in 2020. USD$680m (£523m) spent in Epic Games Store Since launching in December 2018, player spending on Epic Games Store has reached USD$680m (£523m), with 108 million PC having used the platform. A total of 36% of this revenue, USD$251m (£193m), was generated from third-party titles, although [...]