Financials (Page 41)

Feature

PUBG Mobile, Call of Duty: Mobile help drive Tencent gaming revenues

Chinese publisher cites increased contributions from overseas titles as driving growth in mobile gaming business, offsetting declines from PC

Nov. 13, 2019 Brendan Sinclair

News

Cerberus Interactive acquires Tastebud

Texas studio wants to incentivise real-world purchases in its location-based title Atlas Empires

Nov. 12, 2019 Matthew Handrahan

News

Starbreeze proposes plan to pay debts in full

Administrator signs off on reconstruction schedule that would see Payday outfit meet obligations to creditors within five years

Nov. 11, 2019 Brendan Sinclair

News

Flavourworks raises £3m to expand Touch Video platform

Series A round was led by Hiro Capital, making its first investment after launching earlier this year

Nov. 11, 2019 Matthew Handrahan

News

Stillfront reaps rewards of Kixeye acquisition in Q3

Revenue from Core games division rises almost 200% following $90m deal

Nov. 8, 2019 Matthew Handrahan

News

Indie publisher Kiss launches Intelligent Finance ISA

Company tells GamesIndustry.biz it will fund future games by promising investors 6.8% profit per year through tech bond

Nov. 8, 2019 James Batchelor

Stub

Sky Mavis closes $1.5m funding round

Animoca Brands led the round for blockchain-based virtual pet game Axie Infinity

Nov. 8, 2019 Matthew Handrahan

News

Activision Blizzard sees slumping sales, sliding engagement

Revenues and monthly active users down across the board for Activision, King, and Blizzard divisions

Nov. 7, 2019 Brendan Sinclair

Feature

Nexon sales slip in Q3

MapleStory publisher shows modest revenue growth, but can't offset double-digit percentage declines everywhere else

Nov. 7, 2019 Brendan Sinclair

News

Square Enix profits up 32% in first half of fiscal year

Publisher's success driven by MMOs and mobile games as HD games sales slip year-on-year

Nov. 7, 2019 James Batchelor

News

Activision and EA insiders have been profiting from selling stock during buybacks

CEOs Bobby Kotick and Andrew Wilson have made millions, but companies insist there is no improper practice

Nov. 7, 2019 James Batchelor

1 comment

News

Playtika considering IPO as Chinese acquisition plans collapse

Mobile games firm seeks listing in unspecified market, according to the company that failed to buy it

Nov. 7, 2019 James Batchelor

Feature

Which platforms are publishers and investors really interested in?

Xsolla shares lessons from its funding club and offers advice on how to impress potential investors

Nov. 6, 2019 James Batchelor

2 comments

Stub

Zordix acquires Dimfrost Studio ahead of €1.3m expansion

Funding will be invested in Dimfrost's expansion and the completion of its new game, Bramble: The Mountain King

Nov. 6, 2019 Matthew Handrahan

News

US gamers have spent $27.9bn in 2019 so far

Spending is only up 1% over 2018 year-to-date, with hardware sales down 23%

Nov. 6, 2019 James Batchelor

News

Starbreeze losses were $30.8 million for the first nine months of 2019

But company is confident reconstruction efforts and new publishing deal Payday 3 will save the studio

Nov. 5, 2019 James Batchelor

News

"Substantially improved" profitability for games doesn't prevent sales dip for Sega

But publisher still confident net sales will rise to $3.6 billion for the financial year

Oct. 31, 2019 James Batchelor

News

Profits down 48.1% for Rovio Entertainment in Q3

Angry Birds dev in discussions to potentially lay off staff as The Angry Birds Movie 2 falls short of expectations

Oct. 31, 2019 Ivy Taylor

News

Nintendo profits up after Switch Lite shifts 1.95m units in first 11 days

Platform holder's operating profit up more than 50% to $867.4 million for first half of fiscal year

Oct. 31, 2019 James Batchelor

News

PlayStation revenues down 17% but Sony's financials hold steady

PS4 now second best-selling home console of all time, despite slowing sales as generation nears its end

Oct. 30, 2019 James Batchelor

News

Cloud gaming service Shadow raises $33m

Start-up has now raised $100 million to date

Oct. 30, 2019 James Batchelor

News

Modern Times Group considering US IPO as esports business grows

Swedish investment firm begins strategic review, which could also lead to joint venture partnership in video games space

Oct. 29, 2019 James Batchelor

News

Monster Hunter World: Iceborne drives profit for Capcom in latest financials

DLC has shipped 2.8 million units since September, while base game surpasses 14 million lifetime sales

Oct. 29, 2019 Ivy Taylor

Stub

AMD joins Blender Development Fund

Chipmaker follows previous partners Ubisoft, Google and Steam Workshop

Oct. 24, 2019 Press Release

News

Crytek veterans launch $6m annual fund for games startups

GameGroove Capital will make 20 investments a year, with a focus on the CIS region

Oct. 23, 2019 Matthew Handrahan