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• Game Financial Reports Round-Up: Sony, Sega Sammy, EA, Ubisoft, Rovio and More

  2 days ago News

  

  [UPDATED NOV 18TH] Numerous gaming companies and related tech outfits have been sharing their new financial reports in recent days, with the Q3 financial quarter drawing to a close at September’s close. The likes of Activision Blizzard, Tencent, Sony, Rovio, EA, Ubisoft, Facebook, Apple, Zynga, Nvidia and many others have all made public insights into their commercial fortunes, making it somewhat hard to keep up. As such, below we’ve rounded-up the key numbers from the most prominent reports. With companies in games and [...]

• Apple AR Headset Delayed Until 2022; Stadia to Launch with 12 Titles

  1 week ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Apple AR headset delayed until 2022; Stadia to launch with 12 titles; and Starbreeze submits plan to pay off debts. Apple AR headset delayed until 2022 Apple is due to release an augmented reality (AR) headset in 2022, followed by a more ergonomic pair of AR glasses in 2023, according to an internal presentation obtained by The Information. The purported release date goes against analyst expectations, with late [...]

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• 10 Billion Mixed Reality App Installs Predicted by 2024; MR Ad Spend to Hit USD$11bn (£8.54bn)

  1 week ago News

  

  ‘Mixed reality’ content will see 10 billion app installs by 2024, up from 3 billion in 2019, says a new report. The prediction comes from research and analytics outfit Juniper Research, which has published the results of a new study titled ‘Consumer Mixed Reality: Emerging Opportunities, Vendor Strategies & Market Forecasts 2019-2024’. ‘Mixed reality’ – or ‘MR’- is a term defined slightly different in different places; particularly since it’s deployment as marketing jargon when hype around virtual reality spiked in the wake [...]

• Google Open-Sources Cardboard VR Software

  2 weeks ago News

  

  Google has made the software for its Cardborad VR system open-source, with a view to letting third-party developers continue to support the platform and existing apps. The announcement came via a Google blog post, and is as much and end-point as it is an attempt to breath some more life into the tech giant’s VR ecosystem. Google had already dropped it’s Daydream VR mobile virtual reality system, and is no longer actively working on the VR SDK development toolset that powers [...]

• Apple and Valve Rumoured to be Partnering on AR Headset

  2 weeks ago News

  

  Apple is rumoured to be working with game outfit Valve on an augmented reality headset that may be due for release next year. Citing industry sources, DigiTimes points to late 2020 as the earliest reasonable debut for unnamed headset, and identifies Taiwan’s original design manufacturing specialists Quanta Computer and Pegatron as handling the manufacturing. While the news firmly falls under ‘rumour’, there are a number of reasons the suggestion is both compelling and fascinating. Valve is the respected and often beloved video game [...]

• MTG to Review Gaming Portfolio; 22 Million App Reviews Removed from Apple App Store

  3 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: MTG to review gaming portfolio; 22 million app reviews removed from Apple App Store; and Capcom profit increases by 33.2%. MTG to review gaming portfolio Modern Times Group MTG AB (MTG) has announced that it has launched a strategic review into its gaming portfolio, which could see the firm entering a joint venture partnership for its properties, or pivot to focus solely on the esports market. As part [...]

• Nicecatus.gg Raises USD$5.5m (£4.3m); GameGrooveCapital Launches

  4 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Nicecatus.gg raises USD$5.5m (£4.3m); GameGroove Capital launches USD$6m (£4.6m) investment fund; and Gameloft partners with TIM to develop mobile subscription platform. Nicecactus.gg raises USD$5.5m (£4.3m) France-based Nicecactus.gg, formerly known as Esport-Management, has raised USD$5.5m (£4.3m) in Series A funding to facilitate the creation of a platform to assist amateur and semi-professional esports athletes through training, sponsorship and support programmes. Following the investment, Nicecactus will be launching a USD$1.1m [...]

• Interview: Fyber's Offer Yehudai Talks Programmatic, Subscriptions and Getting In-Game Ads Right

  1 month ago News

  

  Earlier this year mobile monetisation platform outfit Fyber launched a significantly reworked version of its Fyber FairBid technology, having celebrated 10 years in business in the previous months. But what have the team learned about the changing in-game advertising landscape over that decade? And what does it mean that Fyber FairBid offers a unified auction technology for app bidding ‘built from the ground up for the in-app programmatic era’? TheGamingEconomy caught up with Fyber president Offer Yehudai to learn more about the [...]

• Cloud Gaming in Asia to Hit USD$3bn (£2.4bn) Revenues by 2023; Google Launches Apple Arcade Rival Play Pass

  2 months ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming.  In today’s edition: Cloud Gaming in Asia to Hit USD$3bn (£2.4bn) Revenues by 2023; Google Launches Play Pass Subscription Service; Borderlands 3 Pushes Franchise Over USD$1bn (£803.6m) Net Bookings Line Cloud Gaming in Asia to Hit USD$3bm (£2.4bn) Revenues by 2023 The cloud gaming space in Asia is set to generate revenues of USD$3bn (£2.4bn) by 2023, according to a new report by market research and consulting firm Niko Partners. The company’s [...]

• PUBG Mobile Revenue Passes USD$1 Billion (£803.6m); Unity Acquires DeltaDNA

  2 months ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: PUBG Mobile Revenue Passes USD$1 Billion (£803.6m); Unity Acquires DeltaDNA; French Court’s Steam Second Hand Sales Ruling Contradicts EU Law, Says Trade Body PUBG Mobile Revenue Passes USD$1 Billion (£803.6m) Milestone Tencent’s PUBG Mobile has cleared USD$1bn (£803.6m) in revenue since undergoing a re-brand in the tech giant’s home territory of China. That’s according to Sensor Tower data, which points to 540% year-on-year growth since the battle royale game [...]