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Interactive narrative platform Dorian raises $3.25m
New venture aims to give writers a way to turn their stories into games with no coding experience
Financials (Page 33)
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Leyou Technologies confirms ongoing acquisition talks with Tencent
If completed, Tencent will privatise parent of Warfare developer
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BitKraft Ventures raises $165m VC fund
The games- and esports-focused VC firm already has a portfolio of 50 companies
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CD Projekt Red climbs to record market cap on Witcher mobile AR game
Pokémon Go-style title drives 8% jump, leaves CDPR's market cap €1b higher than Ubisoft
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Keywords Studios acquires Maverick Media for £3.6m
The London-based creative marketing firm will add 16 people to Keywords' growing workforce
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Razer sees record-high revenues during pandemic
Peripheral maker says "stay-at-home trends" fueled first half sales up 25.3% to $447.5m as net losses were lessened to $17.7m
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What did we learn from the Unity IPO filing?
Engine maker's decision to go public gave details on how much it spent on recent acquisitions, CEO compensation, what happened with its sexual harassment suit, and more
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Unity prepping an IPO
Engine maker declares intent to go public, reports net losses despite more than half of all mobile, PC, and console games using its tech
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March Capital launches $60m games startup fund
Investment firm form new entity to seek seed and series A financing opportunities
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Apple market value tops $2tn
iPhone maker is first publicly-listed US company to reach this milestone
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Take-Two Interactive acquires Playdots for $192m
New York-based studio's entire team will join Take-Two in cash and stock deal
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Lumikai is the first VC fund to focus on India's growing games industry
New fund will make up to 20 early-stage deals worth between $200,000 and $2m each
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Wildlife raises $120m, valuation now reaches $3bn
The mobile games company has raised $250 million to date
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Game companies have claimed £444m in UK tax relief since 2014
1,375 games have claimed VGTR over the last six years, with UK expenditure reaching £3.7 billion
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Paradox posts record Q2 revenue and profits
"We leave an operational as well as financially successful quarter behind us," says CEO
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Tencent profits soar amid COVID-19 pandemic
Second quarter results testify to the "diligence of our teams and resilience of our business model" says Tencent CEO
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Amplifier Game Invest buys three studios, extends investment in another
Acquisitions include Palindrome Interactive, Rare Earth Games, and Vermila Studios
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EA shareholders reject executive compensation plan
If plan goes ahead, CEO Andrew Wilson's compensation will rise to $21.4 million
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The Gaming Stadium goes public on the Toronto Stock Exchange
Esports firm raised $1.58 million CAD in its IPO to fund online tournament expansion
Feature
Sugar rush financials don't mean we've dodged the COVID bullet | Opinion
Publishers are reporting record revenues -- but the industry isn't “recession-proof” and there's pain to come down the line
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Epic Games is now worth $17.3bn following latest funding round
Fortnite firm raised $1.78 billion, including Sony's $250 million investment
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Animal Crossing drives Nintendo Q1 profits up 500% to $1bn
New Horizons has sold more than 20 million units since March, Switch lifetime shipments passed 60 million units
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Sega's strong Q1 games performance erased by impact of COVID-19
Revenue from resorts, arcades and pachinko machines all plummeted as pandemic led to closure of public spaces
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Blizzard employees share salary details amid unrest over pay disparity
A significant number of employees were unhappy with wages in 2019, according to a report from Bloomberg
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PlayStation software and services drive strong Q1 for Sony
Influence of lockdown keenly felt as PS4 software sales almost doubled and PS Plus reached 45m subscribers