News
Tencent takes majority stake in Path of Exile dev Grinding Gear Games
Studio will “remain an independent company”, hopes to bring new content to Chinese players faster
Financials (Page 57)
Feature
Demystifying venture capital
VCs want companies thinking several years ahead, says London Venture Partners' Are Mack Growen, and are prepared for some failure on the road to success
News
Paradox Q1 profits up 270% - despite only one new game release
Outgoing CEO Fred Wester says quarter shows the value of retaining loyal players with expansions and more
News
Team17 expects gross proceeds of IPO to hit £107.5 million
CEO Debbie Bestwick will retain a 22.2% stake in the publisher after its flotation on May 23
News
Netease Q1 financials show hefty expenses, reduced profits
Management remains confident in sturdy existing portfolio and recent releases such as Knives Out will pay off
News
Less AAA competition makes delays easier - Ubisoft
CEO Yves Guillemot says "we can launch games whenever we are ready," with digital content, live services, new markets offsetting any loss in revenue from smaller slate
Feature
Ubisoft posts record sales, delays Skull & Bones
Original IP pushed to next fiscal year as publisher sees pace of digital shift picking up, eyes expansion in PC, mobile, and China
News
Investors urge GameStop to overhaul retail strategy amid management upheaval
Tiger Management threatens to sell off stake in retailer should GameStop fail to heed its advice
News
Rovio's Q1 revenues hold steady at €65.7 million, but profitability is rising
Operating profit up 73% to €9.2 million and Angry Birds 2 is growing as mobile firm prepares for rising user acquisition costs
News
Quarterback raises $2.5 million fan-based esports league platform
Investors included Bitkraft Esports, Crest Capital Ventures, Deep Space Ventures, and Upwest Labs
News
Tencent posts 59% increase in operating profits in Q1
Gaming giant sees continued profit increases as it preps for Fortnite, PUBG China localization
News
THQ Nordic posts 673% revenue increase following acquisition of Koch Media
Excluding Koch Media revenue, THQ Nordic still up 64 per cent
News
NCSoft profits up by 585% to $110m in Q1 2018
Mobile revenue spikes by 1,028 per cent amid mixed overall games performance
News
GameStop boosted by billionaire hedge fund
Bridgewater Associates ups stake in troubled games retailer, plus new investment from quant firm Renaissance
News
Teatime Games raises $9 million for mobile gaming communication platform
Funding sources included Supercell investors Index Ventures and Atomico
News
German mobile game revenue growth surpasses whole market growth in 2017
Mobile sales rose 21% year over year, while the country's overall market revenue rose 15%
News
Discord triples users to 130 million in one year
The gaming chat platform just closed a $50 million round, which valued the company at $1.65 billion
News
Turtle Beach recovery on track following better-than-expected Q1 2018
Headset vendor up from $10m loss in 2017 to $2m income, thanks to success of Fortnite and PUBG
News
Chinese streaming firm Huya raises $180m in IPO
Esports broadcast platform meets high-end expectations with value of $12 per share
News
Star Stable Entertainment hands over "substantial minority" share to Nordisk Film in €15m deal
Deal marks fifth investment in a game developer this year by Nordisk Film
News
Square Enix reports decreased sales, increased profits
Dragon Quest XI publisher only takes a 2.5% hit to revenues despite 32% dip in software unit sales
News
Nvidia posts record Q1 revenues as profits soar by 145%
Meanwhile, GPU prices "beginning to normalise" following cyrptocurrency surge
News
Konami shows record operating profits
Fourth straight year of bottom line growth helps publisher surpass previous 2012 high point; no word on Metal Gear Survive performance
News
Nexon more than doubled profits in Q1
Pixelberry acquisition boosted North American revenue, but Korea remains Nexon's source of strength
Feature
Bandai Namco sees game sales up 14%
Company's full-year results show strong gains in revenues, units sold over previous year