News
Take-Two acquires mobile games subscription service GameClub
The terms of the acquisition were not disclosed
Financials (Page 9)
News
SELL: French games market dips to €5.5bn in 2022
Boxed titles accounted for 55% of the sector's consumer revenue generated last year
News
Gamestop revenue dips as it pulls nearly $6bn in 2022
The retailer's collectible business segment saw an increase of 17% as it hit $964 million throughout the year
News
CCP raises $40m for AAA blockchain game in EVE Online universe
Funding round led by Andreessen Horowitz
News
Maximum Entertainment acquires Fun Labs | News-in-brief
Romanian developer and its 33 staff to integrate Modus Studios Bucharest
News
Roblox had $150m in Silicon Valley Bank, says it will be unaffected by collapse
Games firm predict "no impact" on day-to-day operations following the bank's closure
News
Ampere Analysis: Console market dipped to $56.2bn in 2022
Analytics firm notes that console subscription services were down by volume but spending was up by 5.6%
News
Unity posts first profitable quarter on non-GAAP basis, expects to be profitable in 2023
Engine provider says profitability is driven equally by Create and Grow segments of the business
Opinion
Microsoft in Brussels: Sound and fury, signifying nothing | Opinion
A slick presentation to the European Commission may sway regulators to support the Activision deal – but Microsoft’s much-vaunted concessions don’t address key concerns
Opinion
The Treasury gave £197m in tax breaks to game studios last year – let’s use some for skills | Opinion
Into Games' Brandon Cole makes a case for a skills agenda the UK industry needs to commit to – financially
News
Thunderful's full-year profits rise to $106.3m
Group's games businesses boosted by strong Q4 releases, but distribution is still king
News
Gaming deals since 2020 over $115bn
InvestGame expects investments, M&A and more to "remain more or less table in 2023"
News
Supernova Capital acquires Mi-Clos Studio and Little Red Dog Games
The equity firm has made an additional multi-million investment into the two developers it acquired
News
Tencent leads $10m funding round for fitness gaming dev Quell
The UK-based studio is planning to launch its hardware this year alongside debut title Shardfall
News
Saudi Arabia increases stake in Nintendo
UPDATE: Investment now stands at 8.26%, having already increased to 7.08% earlier this week
News
Embracer sales up 128% during Q3, but organic growth down
CEO Lars Wingefors pointed to a "stable" quarter with "tough year-on-year comparisons"
News
Telltale raises $8m from Hiro Capital and Skybound
This Series A round will go towards funding The Expanse series, The Wolf Among Us 2, and an unannounced game
News
Starbreeze almost halved its loss in 2022 but didn't re-establish profit
Sales were on a par with 2021, with a slight 1.5% increase year-on-year attributed to continued success of Payday 2
News
Roblox reports a nearly $1bn net loss during 2022
Game platform continues to grow revenues but expects to continue reporting losses "for the foreseeable future"
News
Nexon hits "record revenue" in 2022 but net income down 11%
The company had a net loss of $60 million during Q4 2022
News
Nintendo to increase wages 10% despite lowered forecast
"It's important for our long-term growth to secure our workforce," president Shuntaro Furukawa said
News
Nintendo's financials slightly down to $9.8bn as hardware dips
Hardware sales were down 21.3% year-on-year, Pokémon Scarlet and Violet sold a combined 20.61m units
News
Konami's nine-months net sales see a 5.5% boost as it amasses $1.7bn
The firm's digital entertainment sector sees a 1.6% bump as it pulls in $1.2 billion during the period
News
Square Enix sees an 6.6% drop for the past nine months as it pulls in $2bn
The publisher notes that its HD Games segment saw an 11.3% decrease despite launching multiple titles
News
Phoenix Labs regains independence after management buyout
The Vancouver-based studio will spin out of Garena and go private