PlayStation is skipping on attending E3 this year, just a few months before it plans to launch the PS5. A decade or so ago, that would have seemed like a very peculiar move. E3 has long been the place to announce and launch the biggest games and gaming platforms. It is famed as a media frenzy, where the world’s press amass to collect and share all the key gaming news. Indeed, it was the very first E3 in 1995 that saw one [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Xbox Series X revealed; Game.tv raises USD$25m (£19m); and High Fidelity lays off 50% of staff. Xbox Series X revealed Microsoft has revealed its next generation console, the Xbox Series X, at this year’s The Game Awards. Technical specifications for the device, previously known under the Project Scarlett moniker, have also been reiterated, with the console purportedly being able to support 120FPS and 8K visuals. Further details about [...]

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 [...]

Last night was a big night for Xbox. Microsoft hosted its X019 event in London, which was plump with announcements. If one theme dominated, though, it was the delivery of games as a service. Both Game Pass and Project xCloud enjoyed plenty of focus. The former is a subscription service for the Xbox One that adopts the ‘Netflix of Games’ model, giving users access to a library of titles for a regular fee. xCloud, meanwhile, is the coming Xbox cloud gaming streaming [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Microsoft gaming revenue declines by 7%; Sumo Digital opens North West studio; and Tencent becomes majority shareholder of Supercell. Microsoft gaming revenue declines by 7% Microsoft results from the first quarter of the 2020 financial year reveal that revenues generated by the company’s gaming division have fallen by USD$196m (£152m) year-on-year, which represents a decline of 7%. The decline was primarily driven by a fall in Xbox hardware [...]