TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Minecraft surpasses 112m monthly users; UK MPs suggest player data should be shared with researchers; and Discord abandons Nitro games library. Minecraft surpasses 112 million monthly users Minecraft has surpassed 112 million monthly users according to an interview with Helen Chiang, Minecraft studio head, published in Business Insider. This marks an increase of 23.1% since the last time these figures were divulged in October last year, when 91 [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: No More Robots Boss Says Steam Games Are Under-Priced; Nintendo files lawsuit against ROMs website; Apple Arcade isn’t for Team17 No More Robot’s Research Suggests Indie Games Are Under-priced The CEO and founder of independent game publisher No More Robots has conducted research which he believes points to developers targeting Steam under-pricing their games. Mike Rose’s report ‘How well are PC games selling on Steam in 2019?’ looks at [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Apple confirms Apple arcade date and price; Capcom wins legal clash with Koei Tecmo; Disney reported to be selling FoxNet gaming business. Apple Arcade coming September 19th at £4.99 a month Apple has provided more details on the gaming subscription service it announced back in March. Apple Arcade offers a curated and expanding collection of games, and will debut on September 19th, having been priced at USD$4.99 (£4) per [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Team17’s 97% revenue growth; BAFTA restructures game awards; Google Stadia VP talks cross-progression and free trials; app games for crivers outfit Drivetime secures USD$11m (£8.9m) investment. Team17 eyes acquisitions as revenues climb 97% through FH2019 As its 29th anniversary nears, UK developer and publisher Team17 has reported a 97% uptake in revenues for the first half of 2019. As detailed in a report by GamesIndustry.biz, the revenues for [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: VRChat raises USD$10m (£8.13m) in Series C funding; AppLovin invests in Belka Games; and unionised Nexon staff rally against project cancellations and restructuring. VRChat raises USD$10m (£8.13m) in Series C funding VRChat, a virtual reality social platform, has closed a Series C funding round worth USD$10m (£8.13m), with the funds to be used in expanding the platform and for recruitment purposes. Existing investors HTC, Brightstone VC and GFR [...]

Celebrated developer Double Fine is contemplating shuttering its ‘Presents’ indie publishing arm. That’s not because the initiative is a failure. Far from it, in fact – the program just successfully delivered the anticipated indie game Knights and Bikes, from micro-studio Foam Sword. Double Fine, of course, is the studio founded in 2000 by its highly-regarded CEO Tim Schafer. Schafer made his reputation as a leading game designer during his years working on adventure games at LucasArts. Serving on titles such as The [...]

As midnight neared yesterday, Nintendo unleashed a barrage of announcements, from major esports shooters making their way to Switch, to the news that classic SNES games were to be available on the console imminently. And only hours before that ‘Nintendo Direct’ video stream – which you can watch in full here – GamesIndustry.biz had noted that a humble Switch screen protector was the best selling item across Amazon’s games category. A plastic shield for a screen might be the most pedestrian [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Mobvista half-year profits grow by 65%; MWM Immersive rebrands and expands into publishing; and UKIE launches industry diversity survey. Mobvista half-year profits grow by 65% App technology platform Mobvista has announced its H1 2019 financial results, with revenue increasing by 22% year-on-year to USD$225.1m (£184.9m), with profits increasing by 65% to USD$17.4m (£14.3m). Revenues from programmatic were a significant driver to this growth, with these increasing by 43.7% [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: ESL & DreamHack form world’s largest CS:GO competition; Starbreeze applies for third extension to reconstruction period; and Nintendo partners with DSH. ESL and DreamHack form world’s largest CS:GO competition Modern Times Group (MTG) stablemates ESL and DreamHack have announced the merger of their Counter Strike: Global Offensive (CS:GO) competitions, to form the ESL Pro Tour. The new annual competition cycle, featuring over 20 tournaments and leagues, will commence [...]

TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: Annapurna Interactive parent clears over USD$200m (£165.2m) in debt; ISFE launches esports division; and Playful raises USD$23m (£19m) in Series A funding. Annapurna Interactive parent clears over USD$200m (£165.2m) in debt Annapurna Pictures, the parent company of the Annapurna Interactive studio, has reportedly resolved over USD$200m (£165.2m) in debt, with an official announcement expected later this week. The debt will be cleared by an existing line of credit [...]