esports

• Astralis set for esports team IPO first; Investor concern over Half-Life Alyx and Cyberpunk 2077 release clash dismissed

  2 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Astralis set for esports team IPO first; Investor fears over Half-Life: Alyx and Cyberpunk 2077 clash dismissed by CD Projekt; Senior Ubisoft devs join Google’s in-house Stadia studio Astralis set for esports team IPO first Danish competetive gaming outfit Astralis is set to go public December 9th, making it the first esports team to pursue an IPO. Well sponsored and familiar with winning large prizes, Astralis is the world’s [...]

• The secret ingredient in AI-powered community moderation? Humans.

  2 weeks ago News

  

  Tackling toxicity in online communities is a demanding, nuanced and sometimes thankless task. As communities around single games grow into tens of millions – or hundreds of millions in some cases –  a tiny minority of problematic users can still present a sizeable group, and cause real harm to significantly large audiences. The challenge in meeting, managing and countering toxicity is two-fold. Firstly, as a human craft game moderation can be remarkably demanding on community management staff. The thing is, there remains [...]

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• Microsoft Considers xCloud-Exclusive Titles; Global Game Spend Forecast Revised to USD$148.8bn (£115.9bn)

  2 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Microsoft considers xCloud-exclusive titles; global game spend forecast revised to USD$148.8bn (£115.9bn); Coherance raises USD$2.5m (£1.9m) seed funding; and Misfits launches USD$10m (£7.8m) esports and gaming incubator. Microsoft considers xCloud-exclusive titles Microsoft is considering releasing exclusive titles on the upcoming Project xCloud platform, and is actively engaging with third-party developers along with in-house studios, according to an interview with Kareem Choudhry, corporate vice president, gaming cloud, published in [...]

• Hands-on With Google Stadia: The Future of Gaming?

  3 weeks ago News

  

  Late last week TheGamingEconomy headed to the upper floors of Google’s central-London offices so as to spend a little time hands on with Stadia. Even in the few days since that preview opportunity, updated news about the platform’s arrival has continued to land. Many were disappointed that the console would launch with 12 games – only one being a platform exclusive. Now there is some surprise that with little time until launch, that list has leapt to 22 titles. As other players [...]

• The Development of Collegiate and Professional Esports: Interview with Chris Buckner, Mainline

  3 weeks ago News

  

  Following the completion of a USD$6.8m (£5.26m) funding round earlier in November, TheGamingEconomy spoke with Chris Buckner, co-founder and CEO of Mainline, to discuss the future of the collegiate esports market, and how its growth will carry through to the professional level. Can you give us a brief history of Mainline, and the company’s work to date? I started my first company in 2014, a company called FanReact, which was a sports-only social media application. When we were acquired in 2016 we [...]

• FanAI Raises USD$8m (£6.2m); Mobile Users More Likely to Subscribe than Make One-Off Payments

  4 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: FanAI raises USD$8m (£6.2m) funding; mobile users more likely to subscribe than make one-off payments; and Electric Square to open Leamington Spa studio. FanAI raises USD$8m (£6.2m) funding Esports analytics and audience monetisation platform FanAI has announced it has successfully concluded a USD$8m (£6.2m) funding round, led by Japanese conglomerate Marubeni Corporation. Other contributors to the round included Allectus Capital, CRCM Ventures, Courtside Ventures, GC Tracker Fund, M [...]

• Netflix Hesitant to Enter Gaming; Epic Acquires Quixel

  4 weeks ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Netflix hesitant to enter gaming; Epic acquires Quixel; and Hitmarker raises £200,000. Netflix hesitant to enter gaming Netflix CEO Reed Hastings has reiterated that the video streaming giant is not contemplating a move into the gaming industry in the near future. Speaking at the New York Times Dealbook conference, Hastings referred to the line in the letter to shareholder’s following the firm’s Q4 2018 results: “We compete with [...]

• G5 Games' USD$45.80 (£35.55) MAGRPPU; eFuse raises USD$1.4m (£1.1m) for esports platform

  1 month ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: G5 Games’ USD$45.80 (£35.55) MAGRPPU; eFuse raises USD$1.4m (£1.1m) for esports platform; Supercell closing Rush Wars G5 Games reports USD$45.80 (£35.55) average monthly gross revenue per paying player Mobile publisher G5 Games saw monthly average gross revenue per paying player land at USD$45.80 (£35.55) across Q3. The figures come from the newly released interim Q3 financial report from the Stockholm-based casual gaming specialist, and demonstrate a 4% YOY climb. However, [...]

• Why All Brands Should Consider Mobile Advertising Within Esports

  1 month ago News

  

  In this exclusive article for ExchangeWire and TheGamingEconomy, James Anderson (pictured below), business director at Publicis Sport and Entertainment, discusses how mobile esports has evolved from humble beginnings, and why the time is right for advertisers to invest in the medium. The world’s most popular video game console is sitting in our pockets right now. All brands should consider tapping into the gaming industry Research finds mobile gamers tend to be more receptive to advertising compared to non-gamers. Some 43% of mobile gamers [...]

• Blizzard Criticised for Crowdfunding; AMD Targetting Consoles & Cloud Gaming

  1 month ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Blizzard criticised for crowdfunding; AMD targetting consoles & cloud gaming; and Team17 raises revenue expectations. Blizzard criticised for crowdfunding Blizzard has attracted criticism for ‘deceptive language’ regarding a crowdfunding campaign designed to raise funds for the prize pools for the Arena World Championship and Mythic Dungeon Invitational World of Warcraft esports tournaments. In March, Blizzard stated that the minimum combined prize pool for the tournaments would total USD$500,000 [...]