TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Cuphead has sold five million copies; Tencent becomes largest shareholder of Funcom; and Super League Gaming launches subscription service. Cuphead has sold five million copies Cuphead, which celebrated its two year anniversary on 29th September, has sold over five million copies since launching. The success of the platformer has been attributed to a number of factors including its hand-drawn animation, challenging gameplay, and soundtrack, which itself recently topped [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Sumo Group Welcomes New Chairman, Posts Half-Year Profits; Sony Selling Hardware and Games Direct to Consumer; Improbable Acquires The Multiplayer Guys.   Sumo Group Welcomes New Chairman, Posts Half-Year Profits The Sumo Group has named game industry veteran Ian Livingstone as its new chairman, while reporting healthy pre-tax profits in its its H1 2019 financials. Headquartered in Sheffield, the Sumo Group has studios under its Sumo Digital banner located across [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming.  In today’s edition: Switch Lite Sales Predictions Trigger Nintendo Stock Drop; Manticore Games Secures USD$30m (£24.1m) for Accessible Dev Tech; Nintendo Debuts Mario Kart Mobile Subscription Service Switch Lite Sales Predictions Trigger Nintendo Stock Drop Reports have come in that the new Nintendo Switch Lite shifted 160,000 units in its first week on sale in Japan. That number falls below earlier projections by Citibank, leading Nintendo stocks to drop to their [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming.  In today’s edition: Cloud Gaming in Asia to Hit USD$3bn (£2.4bn) Revenues by 2023; Google Launches Play Pass Subscription Service; Borderlands 3 Pushes Franchise Over USD$1bn (£803.6m) Net Bookings Line Cloud Gaming in Asia to Hit USD$3bm (£2.4bn) Revenues by 2023 The cloud gaming space in Asia is set to generate revenues of USD$3bn (£2.4bn) by 2023, according to a new report by market research and consulting firm Niko Partners. The company’s [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: PUBG Mobile Revenue Passes USD$1 Billion (£803.6m); Unity Acquires DeltaDNA; French Court’s Steam Second Hand Sales Ruling Contradicts EU Law, Says Trade Body PUBG Mobile Revenue Passes USD$1 Billion (£803.6m) Milestone Tencent’s PUBG Mobile has cleared USD$1bn (£803.6m) in revenue since undergoing a re-brand in the tech giant’s home territory of China. That’s according to Sensor Tower data, which points to 540% year-on-year growth since the battle royale game [...]

By the time Apple’s mobile gaming subscription service launched yesterday, we’d all heard plenty of theorising about the potential success, failure and impact of the platform. A lot of questions remain that will only be answered with the passage of time. But getting it in your hands? There’s something all the pre-launch detail and commentary couldn’t capture; the feeling of access to Apple Arcade. If you need a refresher, Apple Arcade was introduced to the App Store yesterday on iPhones, with the [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: NBC Universal shuts down game publishing arm; PlayVS raises USD$50m (£40m) for esports platform; and Apple Arcade launches. NBCUniversal shuts down game publishing arm NBCUniversal, a division of Comcast, is shutting down its mobile video game publishing arm, which was formed only in 2017. Instead of producing titles in-house, NBCUniversal will instead license its entertainment properties to third-party developer. The game publishing unit at the Hollywood firm numbers [...]

UK inflation growth slowed considerably through August 2019, with the falling price of video games highlighted as a significant factor. While UK inflation growth hit 2.1% in July the same year, through August it slowed to a rate of 1.7%, as reported by the government run Office for National Statistics (ONS). As detailed by the BBC, the stalling growth saw the pound go down 0.41% against the dollar to USD$1.2450. The ONS report points to the ‘recreation and culture’ space causing the largest [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Rockstar launches own storefront; Mixer rolls out ads; and Cuphead tops Billboard’s Jazz charts. Rockstar launches own storefront Rockstar has released its own PC storefront, Rockstar Games Launcher, joining other AAA publishers including Activision-Blizzard, Bethesda, and Epic Games. A total of seven titles, plus DLC, are currently available on the launcher, including GTA V, Bully, and LA Noire. However, the launch has not run smoothly, as the offline mode [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Tencent integrates live-streaming e-commerce functions in WeChat, Scopely expands into APAC, and PlayStation 4 sells thirty million units in the US. Tencent integrates live-streaming e-commerce functions in WeChat Chinese internet giant Tencent has integrated live streaming functions into its WeChat platform, which has been designed to facilitate e-commerce capabilities, according Weixin (translation provided by KrASIA). The functions on the platform, which has 1.1 billion monthly active users will [...]