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TGE Index Investment Report - Q4 & Year-End 2020
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive staff allege poor treatment; Gameye raises USD$2.4m (£1.8m); and Apple countersues Epic Games. Paradox Interactive staff allege poor treatment Multiple employees from Paradox Interactive have accused the Swedish developer-publisher of mismanagement and poor treatment, primarily over the closure of its Sweden publishing quality assurance (QA) department. According to the anonymous members of QA staff in a report published by Rock Paper Shotgun, Paradox executives failed to [...]
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Paradox Interactive Staff Allege Poor Treatment; Gameye raises USD$2.4m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Paradox Interactive staff allege poor treatment; Gameye raises USD$2.4m (£1.8m); and Apple countersues Epic Games. Paradox Interactive staff allege poor treatment Multiple employees from Paradox Interactive have accused the Swedish developer-publisher of mismanagement and poor treatment, primarily over the closure of its Sweden publishing quality assurance (QA) department. According to the anonymous members of QA staff in a report published by Rock Paper Shotgun, Paradox executives failed to [...]
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Epic's Suit Against Apple Continues; Japan Heightens Scrutiny Against Apple
The Gaming Economy daily digest brings you the leading news from the gaming industry. In today’s edition: Epic files a motion to prevent Apple from launching countermeasures during the pair’s ongoing court case; criticism of Apple becomes more apparent in Japan; and India’s decision to ban PUBG sees Tencent’s market value tumble. Epic appeals to court to stop Apple retaliating over Fortnite case Epic Games has filed a motion requesting that the courts intervene to bring its popular Fortnite title back to [...]
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IDFA Changes Could Trigger Job Losses; Skillz Prepares for IPO
The Gaming Economy daily digest brings you the leading news from the gaming industry. In today’s edition: mobile marketing firm Consumer Acquisition warns that impending changes to Apple’s IDFA could usher in substantial job losses; e-sports platform Skillz prepares to go public; and Kaizen Gaming appoints Ioannis Koutrakos as its new marketing director. Job losses could follow Apples’ change to IDFA, warns Consumer Acquisition Analysis of the impending changes to Apple’s Identifier for Advertisers (IDFA) by mobile marketing firm Consumer Acquisition has [...]
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IGN China Relaunched by Ziff Davis and Tencent; Apple Blocks Epic Games Updates
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: IGN parent firm Ziff Davis partners with Tencent to relaunch IGN China; Apple blocks Epic Games from submitting updates to the App Store; and Potato Play raises $1.75m in seed funding. Ziff Davis and Tencent Partner in IGN China relaunch Parent-company of IGN, Ziff Davis, has joined forces with Chinese technology heavyweight Tencent to relaunch IGN China. The new version of the company’s flagship site, which went live [...]
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Unity Files for IPO; US Court Partially Upholds Epic Injunction Against Apple
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Unity files for IPO; US court partially upholds Epic injunction against Apple; and Nintendo rumoured to launch new Switch console in 2021. Unity files for IPO Video game technology firm Unity has filed its S-1 statement ahead of its proposed initial public offering (IPO) on the New York Stock Exchange, under the stock ticker “U”. Funds raised from the IPO will purportedly be used for general corporate purposes, [...]
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Microsoft Supporting Epic in Apple Dispute; Corsair Gaming Files for USD$100m IPO
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Microsoft supporting Epic in Apple dispute; Corsair Gaming files for USD$100m (£76.4m) IPO; and Microsoft Flight Simulator to drive USD$2.6bn (£2.0bn) PC hardware spend. Microsoft supporting Epic in Apple dispute Microsoft has filed a 564 page document in support of Epic Games in its ongoing dispute against Apple over its policy of disallowing third-party payment systems within its App Store ecosystem. Specifically, Microsoft is arguing against the actions [...]
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Fortnite Removed from App Store and Google Play - Epic Games to Sue
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Fortnite removed from App Store and Google Play – Epic Games to sue; ESE Entertainment raises over CAD$2.25m; and NetEase revenue up 25.9%. Fortnite removed from App Store and Google Play – Epic Games to sue Fortnite has been removed from both the Apple App Store and Google Play following an update which allowed players to purchase in-game currency directly from Epic Games, circumventing the mobile platforms’ purchasing [...]
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New Platform Publishing Models: Q&A with Bryan Buskas, Rogue Games
In this exclusive interview with TheGamingEconomy, Rogue Games COO Bryan Buskas discusses the California-based publisher’s focus on premium mobile games (Apple Arcade, Google Play Pass), free-to-play titles, and recently announced expansion to PC and Console games. How has the coronavirus pandemic affected Rogue Games’ publishing model? If you were to ask us about our priorities six months ago, we were very focused on a handful of free-to-play mobile games, which would compete in the largest mobile games market segment. However, in Q4 [...]
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Discord Raises USD$100m; Thousands of Games Removed from China iOS Store
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£80.5m); thousands of games removed from China iOS store; and Animoca Brands acquires GAMEE. Discord raises USD$100m (£80.5m) Voice and video chat platform Discord has announced that it has raised USD$100m (£80.5m) in funding from Index Ventures, valuing the San Fransisco-based firm at an estimated USD$3.5bn (£2.8bn). The investment will be used to support the implementation of new features and to support the platform’s expansion [...]
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Apple Terminating Arcade Games for Retention; PlayBrain Raises USD$6m
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Apple terminating Arcade games for retention; PlayBrain raises USD$6m (£5m); and Mountaintop Studios formed. Apple terminating Arcade games for retention Apple Inc. is reportedly cancelling development contracts with partners for its Apple Arcade service as it seeks to improve customer retention on the fledgling platform. According to anonymous sources speaking to Bloomberg, Apple has been informing developers of certain in-production titles that their new titles lacked sufficient engagement, [...]