TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Nintendo open to cloud gaming; only two new releases in best-selling Steam Games of 2019; and 12 million subscribers forecast for Apple Arcade. Nintendo open to cloud gaming Nintendo president Shuntaro Furukawa has stated the company is open to cloud gaming in an interview with Nikkei, however he tempered this by stating that dedicated hardware will not become defunct, at least within the next decade. While console rivals [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17 picks up Yippee Entertainment; Worldwide Christmas spend on apps tops USD$277m (£209.6m); and Nexon sells off mobile development subsidiary for JPN¥1 (£0.007). Team17 picks up Yippee Entertainment Long-standing UK developer and publisher Team17 has acquired Yippee Entertainment for close to £1.4m. Founded in 2011, Yippee develops own IP alongside end-to-end creation of games on a third-party basis. The company has also served as a digital publisher. Now wholly owned [...]

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 [...]

[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 [...]

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 [...]

‘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 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 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 [...]

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 [...]

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 [...]