Money

Scriptic Raises $6 Million in Additional Seed Funding

Interactive drama developer and BAFTA-nominated studio Scriptic has raised a total $6.2 million in additional seed funding, including $500,000 from…

3 weeks ago

Epic Games Store Hits $820 Million in Player Spending During 2022

Epic Games has officially released financial data related to it's growing marketplace on PC, showing that $820 million was spent…

6 months ago

Xbox Q2 Revenue Dips 13%, Game Pass Continues Growth

Microsoft has reported declines in Xbox revenue during the three months ended December 31, 2022 with gaming revenues were down…

8 months ago

NetEase Acquires SkyBox Labs

NetEase Games has officially announced their acquisition of Canadian-based game developer SkyBox Labs, which was founded back in 2011 and…

8 months ago

GameStop Continues Troubling Trend in Q3

GameStop continues to see a dip in sales and Q3 data shows that the company is not showing that it…

9 months ago

Embracer Approved to Trade on Nasdaq Stockholm

Embracer Group has officially been approved to trade on Nasdaq Stockholm, which is the main market for Nordic companies, and…

9 months ago

FTC Reportedly Considering Lawsuit Over Microsoft Activision Deal

The Federal Trade Commission is reportedly considering filing an antitrust lawsuit against Microsoft's acquisition of Activision Blizzard and a potential…

10 months ago

Niko Partners Releases 2022 Asia-10 Games Market Report

Nike Partners has dropped their new 2022 Asia-10 Games Market report that houses projections that indicate that by 2026, the…

10 months ago

NetEase Invests in PlayPulse

NetEase has invested in Norwegian fitness gaming startup PlayPulse which will be used to help PlayPulse launch its first product,…

10 months ago

AimJunkies Countersuit Against Bungie Dismissed

US District Court Judge Thomas Zilly has dismissed  complaint from cheat provider AimJunkies against Destiny 2 developer Bungie on the…

10 months ago

Noodle Cat Raises $4.1 Million in Funding

Noodle Cat Games has officially announced that they have raised $4.1 million in seed funding as they aim to build…

10 months ago

Nintendo, DeNA Forming Nintendo Systems Joint Venture Company

Nintendo and DeNA are joining forces on the launch of a new joint venture company, which will be called Nintendo…

10 months ago

Remedy Entertainment Shows 7% Increase in Revenue

Remedy Entertainment has officially released it's financials for Q3, the three month period that officially ended on September 30th, and…

10 months ago

NetEase Takes Minority Stake in Liquid Swords

NetEase has officially taken a minority stake in Swedish indie game devs Liquid Swords, which was founded in 2020 by…

11 months ago

Magic Games Raises $5 Million

Turkish mobile developer Magic Games has raised $5 million in a seed round led by Makers Fund, which also included…

11 months ago

London Mayor Renews Investment in London Games Festival

The Mayor of London has continued to fund Games London, which is the organization behind the London Games Festival and…

11 months ago

Microsoft’s Activision Blizzard Acquisition Approved by Brazilian Regulator

Regulators in Brazil officially approved Microsoft's marked acquisition of Activision Blizzard, with the Administrative Council for Economic Defense (CADE) announcing…

12 months ago

GameStop Posting Losses Again

GameStop is again reporting quarterly losses despite growing sales, ever since the meme stock boom that helped lift the company…

1 year ago

Netspeak Games Receives $12 Million Funding

United Kingdom based game developer Netspeak Games has officially completed a Series A investment round of $12 million, which was…

1 year ago

Tencent Acquires 49.9% Stake in Ubisoft Holding Company

Tencent is again making it's mark in the gaming world, purchasing 49.9% stake in Guillemot Brothers Limited, the holding company…

1 year ago

Amazon Acquiring EA

Amazon is expected to officially announced their acquisition of Electronic Arts (EA) in a massive move, however financial details regarding…

1 year ago

Soedesco Acquires Superlumen

Game publisher Soedesco has officially acquired 100% of the share in Spanish studio Superlumen for a pricetag that has not…

1 year ago

Spin Master Acquires Nørdlight

Spin Master, the entertainment company centered on children's entertainment, has officially acquired Sweden-based developer Nørdlight, following their minority investment made…

1 year ago

Sales Drop 15% in Square Enix Q1 Report

Square Enix, the team behind the classic franchise Final Fantasy, has officially released their financial earnings for the three months…

1 year ago

DoubleVerify Reports Second Quarter Financial Results

DoubleVerify, which is a leading software platform for digital media measurement has officially released their 2022 second quarter financial results.…

1 year ago

Sega Reports Good Start to Fiscal Year

Sega, the iconic game publishing company, has reported their financial results and it shows a promising and positive start to…

1 year ago

Bandai Namco Sees Sales Up 55% Year-On-Year in Q1 FY2023

Bandai Namco has released its financial results for the first quarter of 2022, which ran from April through June, of…

1 year ago

DDM Report Shows Gaming Investments Reached $4.8 Billion During Q2

A brand new report from Digital Development Management (DDM) details how video game investments during Q2 2022 reached a whopping…

1 year ago

Tencent Looking to Raise Stake in Ubisoft

Tencent is reportedly looking to acquire a bigger piece of the pie in Ubisoft and is rumored to be willing…

1 year ago