Developer

• Hiro Capital to Launch €100m (£87.2m) Gaming Fund; Starbreeze Splits Into 2 Companies

  11 hours ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Hiro Capital to launch €100m (£87.2m) gaming fund; Starbreeze splits into two companies; and Riot Games sues Riot Squad. Hiro Capital to launch €100m (£87.2m) gaming fund Hiro Capital, a new venture capital firm, is launching a €100m (£87.2m) fund designed to support gaming and esports organisations. The fund will support approximately 20 post-seed funding companies in the UK and the EU, with investment divided between creative studios [...]

• Analysis: What This Week Taught Us About the PlayStation 5

  4 days ago News

  

  After making a few whispers earlier this year, Sony has finally given the world a chance to peak under the partially lifted lid that covers the in-development PlayStation 5. And, yes, it’s officially called the ‘PlayStation 5’. That won’t come as a surprise in the wake of the PlayStation, PlayStation 2, PlayStation 3 and PlayStation 4. But now the name is official, along with a ‘holiday 2020’ release window, as confirmed in a new Sony blog post. The announcement wasn’t especially big [...]

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• The FCC can Repeal Net Neutrality; Rune Raises USD$2m (£1.62m)

  2 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: The FCC can repeal net neutrality; Rune raises USD$2m (£1.62m); and AlphaDream files for bankruptcy. The FCC can repeal net neutrality – Court of Appeals The US District of Columbia Court of Appeals has upheld the right of the Federal Communications Commission (FCC) to repeal net neutrality, ruling against Mozilla which brought the court case forward. However the court also ruled that individual states could maintain net neutrality [...]

• Sumo Group Welcomes New Chairman, Posts Half-Year Financials; Sony Selling Hardware and Games Direct to Consumer

  3 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Sumo Group Welcomes New Chairman, Posts Half-Year Profits; Sony Selling Hardware and Games Direct to Consumer; Improbable Acquires The Multiplayer Guys.   Sumo Group Welcomes New Chairman, Posts Half-Year Profits The Sumo Group has named game industry veteran Ian Livingstone as its new chairman, while reporting healthy pre-tax profits in its its H1 2019 financials. Headquartered in Sheffield, the Sumo Group has studios under its Sumo Digital banner located across [...]

• Switch Lite Sales Predictions Trigger Nintendo Stock Drop; Manticore Games Secures USD$30m (£24.1m) for Accessible Dev Tech

  3 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming.  In today’s edition: Switch Lite Sales Predictions Trigger Nintendo Stock Drop; Manticore Games Secures USD$30m (£24.1m) for Accessible Dev Tech; Nintendo Debuts Mario Kart Mobile Subscription Service Switch Lite Sales Predictions Trigger Nintendo Stock Drop Reports have come in that the new Nintendo Switch Lite shifted 160,000 units in its first week on sale in Japan. That number falls below earlier projections by Citibank, leading Nintendo stocks to drop to their [...]

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

  3 weeks 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 [...]

• The Future of Premium? Hands on With Apple Arcade

  3 weeks ago News

  

  By the time Apple’s mobile gaming subscription service launched yesterday, we’d all heard plenty of theorising about the potential success, failure and impact of the platform. A lot of questions remain that will only be answered with the passage of time. But getting it in your hands? There’s something all the pre-launch detail and commentary couldn’t capture; the feeling of access to Apple Arcade. If you need a refresher, Apple Arcade was introduced to the App Store yesterday on iPhones, with the [...]

• Steam Devs May Be Under-Pricing Their Games, Says No More Robots; Nintendo Files Lawsuit Against ROMs website

  1 month ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: No More Robots Boss Says Steam Games Are Under-Priced; Nintendo files lawsuit against ROMs website; Apple Arcade isn’t for Team17 No More Robot’s Research Suggests Indie Games Are Under-priced The CEO and founder of independent game publisher No More Robots has conducted research which he believes points to developers targeting Steam under-pricing their games. Mike Rose’s report ‘How well are PC games selling on Steam in 2019?’ looks at [...]

• Apple Arcade Detailed; Capcom Wins Patent Lawsuit; Disney Reported to be Looking to Sell FoxNet Studio

  1 month ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Apple confirms Apple arcade date and price; Capcom wins legal clash with Koei Tecmo; Disney reported to be selling FoxNet gaming business. Apple Arcade coming September 19th at £4.99 a month Apple has provided more details on the gaming subscription service it announced back in March. Apple Arcade offers a curated and expanding collection of games, and will debut on September 19th, having been priced at USD$4.99 (£4) per [...]

• Team17 sees revenues climb 97%; BAFTA drops mobile category in game awards restructuring

  1 month ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17’s 97% revenue growth; BAFTA restructures game awards; Google Stadia VP talks cross-progression and free trials; app games for crivers outfit Drivetime secures USD$11m (£8.9m) investment. Team17 eyes acquisitions as revenues climb 97% through FH2019 As its 29th anniversary nears, UK developer and publisher Team17 has reported a 97% uptake in revenues for the first half of 2019. As detailed in a report by GamesIndustry.biz, the revenues for [...]