TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: 55% of UK dev jobs are outside of London and the South East; Atari to open gaming hotels; and USD$10m-plus (£7.68m-plus) contracts for top streamers departing Twitch 55% of UK dev jobs are outside of London and the South East UK games industry trade body Ukie and cultural charity the BFI have released a new report that reveals that 55% of game developers were based outside London and the [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Activision Blizzard and Google sign partnership; Developers shift focus to next-gen consoles and VR; and LPL suspended indefinitely due to coronavirus. Activision Blizzard and Google sign partnership Activision Blizzard and Google have signed a multi-year strategic partnership which will see the latter becoming the developer-publisher’s preferred provider of game hosting infrastructure via its Google Cloud division. While unconfirmed, it is likely that Activision Blizzard development staff will work more [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Disney sells FoxNext Games; Valve not planning release of Source 2 SDK; and Nintendo wins European Court ruling on digital refunds. Disney sells FoxNext Games Disney has sold FoxNext Games Los Angeles and Cold Iron Studios to mobile developer Scopely for an undisclosed sum, thought to be in the region of USD$250m (£191m). The San Francisco-based FoxNext Fogbank Entertainment studio was not included in the deal, and will likely [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Tencent set to acquire Funcom for USD$148m (£114m); AppsFlyer raises USD$210m (£161m); Stillfront Group acquires Storm8 for USD$300m (£230m); and US state intervention attempt on Riot Games discrimination lawsuit. Tencent set to acquire Funcom Tencent Holdings Limited has made a formal offer to acquire the remainder of shares it does not currently own in Funcom SE, in an all-cash bid valuing the developer-publisher at NOK 1.33bn (£114m), which has [...]

CD Projekt Red has delayed the release of its eagerly anticipated sci-fi RPG Cyberpunk 2077. The game will now miss its scheduled April release slot, instead arriving in September 17th this year. That puts it in a very busy slot for new releases, and may mean it competes for attention with the arrival of next-gen consoles like the PS5 and Xbox Series X; platforms it is not understood to support. A release delay isn’t the most unusual event in the game industry, [...]

It’s easy to feel instinctively optimistic about in-game advertising. In recent years there’s been a powerful sense that in-game ads aren’t simply an increasingly valuable means of income for developers and publishers; perhaps they’re now understood and embraced by more consumers and industry figures than ever before. Furthermore, there is an ever more diverse spread of games, markets and consumers where ads are fitting. And now it feels like there are a greater number of platforms, approaches and tools through which [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Miniclip to acquire Ilyon Games; new Switch console rumoured for mid-2020; and Tencent invests in Platinum Games. Miniclip to acquire Ilyon Games Tencent-owned Miniclip has reached an agreement to acquire Israeli mobile game developer Ilyon Dynamics Ltd. for a total consideration of USD$100m (£76.2m), according to sources speaking to The Marker. Ilyon, founded in 2013, is best known for developing free-to-play casual titles such as Power Pop Bubbles, [...]

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: Facebook acquires cloud gaming outfit PlayGiga; Bidstack secures £10m Agency Trade Deal; and Call of Duty: Modern Warfare clears USD$1bn (£776.4m) in sales Facebook acquires cloud gaming outfit PlayGiga Social networking giant Facebook has acquired Madrid-based cloud gaming company PlayGiga. As reported by CNBC, the move furthers Facebook’s increasing presence in the gaming space, following the news that it picked up VR studio Beat Games last month. Equally, with [...]

In recent years Amazon has continued to expand its Game Tech offering, providing numerous tools and services from within the cloud, covering back-end services, analytics, monetisation and game development itself. And according to Eric Morales, Games Industry Segment Leader, EMEA for Game Tech, which sits within the Amazon Web Services (AWS) division, it’s part of a movement that could change the way people make games, letting them swap process for creativity. As such TheGamingEconomy caught up with Morales to get a sense [...]