News
Funcom acquires majority stake in The Outsiders
The Norwegian company is also opening a new office in Romania, dedicated to QA
Financials (Page 20)
News
How do AAA publishers justify overpaying execs? | Podcast
CtW's Michael Varner joins us on this week's episode to delve deeper into the world of executive compensation
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App spending reaches all time high of $34bn during Q2 2021
Mobile game downloads remained at around one billion a week for the fifth quarter in a row
News
Boom Corp raises $1.8 million
The seed funding round, led by VGames, will boost the team's ability to develop social mobile games
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Indian streaming platform Loco raises $9m in seed round
PUBG parent Krafton leads investment, which will enable startup to spin off from parent Pocket Aces
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Microsoft's market cap reaches $2 trillion
Xbox giant second only to Apple in ranking of the world's most valuable companies
News
Tencent acquires majority stake in Yager
New deal gives Berlin-based firm additional access to "development resources"
Academy
Tips to connect with investors that are right for your studio
Lightspeed's Amy Wu offers useful advice for developers and studios seeking investment partners
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Activision Blizzard delays vote on executive pay amid criticism over Bobby Kotick's compensation
Call of Duty publisher claims "misleading" information on the subject had circulated online
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Qualcomm interested in Arm stake if Nvidia deals fails
The tech company would be ready to invest alongside a "consortium of companies," CEO-elect Cristiano Amon said
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Ubisoft executives' next bonus depends on carbon reduction rather than increasing diversity
Publisher shifts focus from gender imbalance to environmental concerns when incentivising execs for current financial year
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Clickwork Games raises $1.2 million
The Estonian studio wants to capitalise on the idle genre's untapped potential
News
Fragbite Group acquires Playdigious
The Swedish company, formerly known as FunRock, will be opening a new publishing and indie games division
Academy
Four things you need to know before raising money for your game
Makers Fund's Aðalsteinn "Alli" Óttarsson shares his advice for teams approaching venture capital firms for funding
News
Gaming social platform Noice raises $5m
Founders of Unity and Supercell among investors behind the Finnish startup
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Fnatic targets Japanese expansion following $17m investment
UK-based esports firm has raised more than $44m to date, will open office in Japan
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1047 Games raises $6.5 million
The Splitgate developer aims at expanding its dev team and producing more in-game content
News
Italy introduces tax credit for game studios
Developers will get a 25% tax credit towards their development costs, up to €1 million
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Jam City reportedly going public at $1.2 billion valuation
The mobile studio is merging with Ludia and set to go public via special purpose acquisition company DPCM Capital
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Devolver Digital reportedly preparing IPO at £1bn valuation
The publisher could be floating on the London Stock Exchange by the end of the year, reports say
News
Kasedo acquires majority stake in Bulwark
Games developed by the Warhammer 40,000: Mechanicus studio will exclusively be published by the indie label going forward
News
Madfinger Games secures €5 million investment from Nuverse
Funding will go towards strengthening the Czech developer's teams and improving its portfolio
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Bandai Namco revenues reach $6.8bn in pandemic year
The Japanese firm's amusement facilities business struggled, but home video games sales increased 19.2% year-on-year
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Mobile drives Konami full-year revenues to $2.48bn
But publisher still calculating forecasts for the year ahead in face of pandemic uncertainty