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TGE Index Investment Spotlight - August 2020
TheGamingEconomy’s monthly spotlight of industry investments takes a closer look at a sample of video game transactions tracked by the TGE Index over the previous month. In the August 2020 edition: Wildlife Studio’s USD$120m (£91.8m) Series B round; Dynasty eSports’ SGD$3.1m (£1.7m) raise; and Playdots’ USD$192m (£147m) acquisition by Take-Two Interactive. Wildlife Studios Sao Paulo-based mobile developer-publisher Wildlife Studios announced on 17th August that it had raised USD$120m (£91.8m) in a Series B round led by New York investment unit Vulcan Capital, [...]
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Logic Exclusively Signs with Twitch; Amber Merges with KaraOkulta
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Logic exclusively signs with Twitch; Amber merges with KaraOkulta; and executive changes at ESL. Logic exclusively signs with Twitch Rapper Logic has signed a deal, reportedly worth seven figures, to stream exclusively through Twitch, becoming the first established musician to do so. The artist, real name Sir Robert Bryson Hall II, announced his retirement from releasing albums just four days ago (17th July 2020), stating that the decision [...]
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Focus Home Interactive Acquires Deck13; Keywords Purchases Coconut Lizard
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Focus Home Interactive acquires Deck13; Keywords purchases Coconut Lizard; and Koch Media launches Americas publishing unit. Focus Home Interactive acquires Deck13 Paris-based publisher Focus Home Interactive has acquired German developer Deck13 for a total consideration of €7.1m (£6.4m), which itself consists €6.5m (£5.9m) in cash and €0.6m (£0.5m) in treasury-held shares. The acquired firm generated €5.5m (£5.0m) in revenue in 2019, and is best known for its Lords [...]