As we move into 2021 with high hopes for a more healthy year globally, TheGamingEconomy summarises the most significant video game business news stories from the past two weeks. In this digest: Moon Active acquires Melsoft; Liftoff receives USD$400m (£294m) Blackstone investment; Stillfront Group in dual Sandbox and Super Free Games acquisition; Nordisk Games secures 40% share in MercurySteam; Koei Tecmo in 65,000 account breach; and CMGE denies Bytedance stake interest. Moon Active acquires Melsoft Tel Aviv-based mobile studio Moon Active has [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: PlayStation 5 launch details revealed; Bayes raises USD$6m (£4.6m); and Keywords Studios acquires Heavy Iron Studios. PlayStation 5 launch details revealed Sony has announced that the PlayStation 5 console will launch in select markets, namely the US; Japan; Canada; Mexico; Australia; New Zealand; and South Korea, on 12th November 2020, prior to its global release a week later on 19th November. The standard PS5 will be sold with [...]

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 [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: DDM acquires data platform from Digi-Capital; Destiny drops loot boxes; Disruptor Beam continues engine pivot; and GameStop announces trio of board appointments. DDM acquires data platform from Digi-Capital Northampton, MA-based video game and digital entertainment agency Digital Development Management (DDM) has acquired Digi-Capital’s gaming industry investment data platform for an undisclosed sum. The platform, which reportedly covers over a decade of financial transactions in the sector, will be [...]

In this special contributed feature by Wilhelm Voutilainen, senior game analyst at GameRefinery looks at what we can learn about mobile gaming by looking back to the previous year, pulling insights from the company’s considerable pool of data. — So here we are in 2020 – not just a new year, but the start of a whole new decade. We’ve returned to our desks full of heady optimism, and focused on the future. Looking back at the past year can often be [...]

Today games industry trade body UKIE launched its new report, The UK Games Industry Census. Top of the list of its findings was the fact that the UK game industry is still predominantly male, white and relatively young. The census was independently conducted by the University of Sheffield, and pooled insight from approximately 20% of the UK’s full time game development staff, making it the largest and perhaps most thorough of its kind. While there may be few surprises for an [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Games grew 4% in 2019 to USD$120.1bn (£91.8bn); Razer applies for Digital Full Bank License in Singapore; and Xiaomi set to invest CNY¥50bn (£5.5bn) in AI, 5G and IoT. Games grew 4% in 2019 to USD$120.1bn (£91.8bn) Games globally generated USD$120.1bn (£91.8bn) in 2019, marking 3% growth from the previous year. Strikingly, Fortnite alone accounted for USD$1.8bn (£1.4bn) of the total revenues, assertion its position as a bona fide [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Typhoon Studios joins Google’s Stadia Games and Entertainment; Tencent-backed Global Esports Federation founded; and Twitch Fortnite viewership dips 28% in 2019. Typhoon Studios joins Google’s Stadia Games and Entertainment Following an acquisition independent developer Typhoon Studios has joined Google’s cloud-focused game division Stadia Games and Enetertainment. Founded in 2017, Typhoon is led by former Electronic Arts executive producer Reid Schneider, and previous Ubisoft creative director Alex Hutchinson. The acquisition [...]

Twitter isn’t a gaming platform. The social network may have seen a major uptake in gaming engagement in recent months, but while the likes of Facebook, WeChat and Kakao Talk have become homes for hyper casual, the micro-blogging platform has not. Still, there are lessons to be learned for game ad-tech providers – as well as game makers and publishers of ad-monetised games – after Twitter had a somewhat bad week. As reported by the BBC, on Thursday shares in Twitter fell by [...]

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 [...]