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Digital Minister wants UK Games Fund to continue
Margot James declares the £5m financing initiative a success but extension depends on next government spending review
Financials (Page 45)
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Nexon takes majority share in Patrick Söderlund's Embark Studios
Swedish studio is working on free-to-play co-op action game and a platform to make games development accessible
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Nexon reportedly no longer for sale due to lack of buyers
Founder Kim Jung-ju halts plan to quit games business after low bids cast doubt on buyer financing
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Animoca Brands acquires Gamma for a potential $2.5m
Initial fee is $350k, with the remainder tied to performance bonuses
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Spil Games sells mobile division to Azerion
Founders remain owners of Spil's web portals, will work in partnership with Azerion
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Keywords Studios acquires Descriptive Video Works Inc
Canadian firm provides audio description services for film, TV and video games
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Zynga proposes $600m convertible note sale
If successful, it would add to the $600m raised from the sale of its San Francisco headquarters
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Tencent sells a quarter of its stake in Glu Mobile
Online giant still owns nearly 15% of mobile publisher after unloading about 5% for more than $56 million
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Starbreeze granted extension to its reconstruction period
Stockholm District Court has allowed the troubled publisher until September 3, 2019
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GameStop shares plummet nearly 39%
Specialty retailer trading at lowest price since 2003 after reporting sinking sales and halting shareholder dividends
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GameStop quarterlies show slumping sales
Collectibles and new Switch hardware sales are up, but nearly everything else is down as retailer eliminates quarterly shareholder dividends
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Two of Korea's largest gaming firms bid for Nexon parent company
Netmarble and Kakao joined by three equity firms in bid for NXC
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Zynga sells San Francisco headquarters for $600m
Building sold to real estate firm but Zynga will still operate there, sharing with AirBnB and more
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Animoca Brands raises $2.5m for blockchain gaming platform
Money is a combination of investment and a token sale, will help fund the growth of The Sandbox
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Metro Exodus recoups all costs, boosts Q1 revenue at THQ Nordic
Net sales spiked 158% at the publisher thanks to 4A Games' shooter and Coffee Stain's Satisfactory
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THQ Nordic acquires Gothic developer Piranha Bytes
German studio's entire team and the rights to Risen and Elex were also part of the deal
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Nippon Ichi Software reportedly unable to pay staff after Disgaea RPG teething problems
Japanese developer issues warrant to sell stock at reduced price
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Games2win launches $1.4m fund for Indian startups
The Replay Gaming Fund offers funding, mentorship, and exposure
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Nvidia anticipates growth despite steep drop in Q1 profit
Gaming revenue was also down, but Nvidia expects a change in its fortunes
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NetEase pushed Minecraft to 200m registered Chinese users in Q1
Milestone achieved against a backdrop of rising revenue and profits from online games
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Ubisoft posts record sales again, delays Skull & Bones again
CEO Yves Guillemot says the games industry will reach 5 billion players in the next ten years
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Profit and revenue down at Paradox as investments reach "record high"
Q1 2019 performance "characterised by a focus on long-term growth and expansion" says CEO
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Grand Theft Auto V has sold nearly 110m copies
Borderlands series has sold over 43m units, with Borderlands 2 accounting for 20m
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Take-Two ends fiscal year with a group effort
Red Dead Redemption 2 sales slowing down but GTA V and NBA 2K19 continue to drive Take-Two results
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Bandai Namco sales and profits up last year, led by gaming segment
Company projects fewer releases next year, elevates Tekken producer Katsuhiro Harada to general manager of original IP