The gaming intelligence firm SuperData, now owned by Nielsen, just released their worldwide digital games market report for the month of September 2018. Headline figures showed another month of remarkable growth, from $912 million last September to $1.24 billion in total digital gaming revenue this September. As in previous months, the majority of that growth comes from the growth of [...]
Read more
Epic Games, the company behind Fortnite and the Unreal Engine, was valued at nearly $15 billion today after the company raised $1.25 billion in investment. No word on whether the company issued new stock or an existing investor sold out, but the shares changed hands at a price point which valued Epic Games at nearly $15 billion. Just to put [...]
Read more
Valve's Steam platform has emerged as an unexpected beneficiary of China's sweeping video game approval freeze. While Steam was never officially approved in China, it hasn't been officially censored either. The gray space the platform occupies has made it an attractive refuge for both Chinese gamers and developers who have grown frustrated with the ongoing game approval freeze which domestic [...]
Read more
Confirming leaked rumors that appeared mere hours ago, Trion Worlds has announced that the MMO studio would be 'transitioning' to Gamigo Group. In a brief press release, provided in full below, Trion World states that not all of the studio's employees would be making the transition. Theres no word yet on whether any of the 5 games currently offered by [...]
Read more
Zenimax Online Studios, the company best known for Elder Scrolls Online, is apparently working on a new MMO for PC and Consoles based on an entirely new IP. The company posted a job listing for a 'Core Tech Programmer' for their Hunt Valley, Maryland Office. The job listing requires applicants to have "strong technical knowledge of Xbox One, PlayStation 4, [...]
Read more
Gamigo, the German company that owns Aeria Games as well as the European portal Gamigo, raised 32 million Euros in funding through a bond issue this week. It's interesting because the intended goal of the fundraising was to pursue mergers and acquisitions, which means they're looking to buy another company/game to continue their growth. “We are very pleased with the [...]
Read more
30 months after Microsoft opened up the Xbox ecosystem to cross platform play, Sony finally decided to follow suit. Initially, Sony was able to maintain its walled-garden approach due to its massive lead in this generation's console market. The massive success of Fortnite changed that. Millions of gamers were frustrated that Sony was standing in the way of PS4, Xbox [...]
Read more
World of Warcraft has had a great month. The release of Battle For Azeroth has seen the game's subscription numbers swell to a 4-year high and overtake League of Legends in revenue for the month of August according to SuperData research. This year's Blizzcon, scheduled to start November 2nd, should give both old and new World of Warcraft fans a [...]
Read more
China's gaming industry is in for a long winter, as the ongoing embargo on new game approvals by the Chinese government is now predicted to last another 4-6 months. After a recent list of official "recommendations" were sent to various regulatory bodies in China, which included guidelines such as more stringent approval processes and limiting the number of game licenses, [...]
Read more
After the Star Wars Battlefront 2 lootbox controversy came to a head last year, the Belgium Gaming Commission had launched an inquiry into whether lootboxes offered by SW:BFII and other popular games such as Overwatch and CS:GO were in violation of Belgium's gambling laws. Having concluded the investigation earlier this year, the BGC found that EA, Blizzard and Valve were [...]
Read more