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: Tencent to leverage partnership with Nintendo; US gaming industry ad spend reaches USD$60.3m (£47.2m); and Homescapes passes USD$1bn (£782m) in lifetime revenue. Tencent to leverage partnership with Nintendo Tencent is seeking to sell more console titles in the US and Europe by leveraging its current partnership with Nintendo, according to an representative speaking to The Wall Street Journal on condition of anonymity. The official stated, “What we want [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Niantic establishes developer fund and location sponsorship; China and US agree to roll back tariffs; and US gaming spending reaches USD$9.18bn (£7.13bn) in Q3 2019. Niantic establishes developer fund and location sponsorship Niantic has announced that it has established the Niantic Creator Program, a USD$10m (£7.8m) sponsorship fund for developers of augmented reality (AR) titles. Successful applicants to the programme will also be eligible for direct support from [...]

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 [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s edition: THQ Nordic sales increase by 36%, announces multiple acquisitions; Loot Crate files for bankruptcy; and US delays tariffs on China-made games consoles. THQ Nordic sales increase by 36%, announces multiple acquisitions THQ Nordic AB has released its interim report for Q1 FY 2019-2020, announcing that net sales have increased during this period by 36% year-on-year to SEK1.142bn (£99m). The growth has largely been attributed to strong sales on its [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: PlayStation 4 has sold 100 million units worldwide; GitHub access restricted in Iran, Syria and Crimea; and Qualcomm and Tencent announce partnership. PlayStation 4 has sold 100 million units worldwide Sony’s PlayStation 4 has sold 100 million units worldwide since its launch in November 2013, reportedly making it the fastest home console to reach this milestone, surpassing the PlayStation 2 and the Nintendo Wii. 3.2 million PS4 units were [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: Harry Potter Wizards Unite due to gross USD£10m (£7.85m) in first month; Nintendo opens second retail store; and US government blocks League of Legends in Iran and Syria. Harry Potter Wizards Unite due to gross USD£10m in first month Mobile AR title Harry Potter Wizards Unite is due to take in USD$10m (£7.85m) in its first month, according to data from analytics body Sensor Tower. The title shifted 400,000 [...]

TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s news: global gaming market set to generate USD$152.1bn (£121.3bn) in 2019; Bernie Sanders endorses game industry unionisation; and Twitch acquires social networking platform Bebo. Global gaming market set to generate USD$152.1bn (£121.3bn) in 2019 The global gaming market is set to generate USD$152.1bn (£121.3bn) in revenue through 2019, an increase of 9.6% on last year, according to a study from analytics and market research company Newzoo. The US is also set [...]

The Boston-based development studio Disruptor Beam has made a move into game tech, revealing that it is releasing a new platform for mobile game development and live ops. Known for its work on Game of Thrones, The Walking Dead, and in particular Star Trek mobile games, Disruptor Beam is now making its Disruptor Engine available to third parties. The new platform is essentially a commercialised version of its internal game technology, which has been used to build and maintain titles like [...]

Gaming giant Epic has removed a player-created scene from the Fortnite gameplay map after the game’s fans reported that it depicted seriously problematic content. TheGamingEconomy will offer a brief warning here; this article will necessarily make very occasional and passing references to suicide. Back in 2018, Epic revealed that an area of the Fortnite map would be given over to a region called The Block. The idea is that Epic uses The Block to showcase some of the best player-made Fortnite environments, rotating [...]