Financial News

MY.GAMES launches MY.STUDIO, to find and fully finance new AAA studio

MY.GAMES today launched MY.STUDIO, an investment initiative to find and fund a new AAA partner developer. Through MY.STUDIO, MY.GAMES will fully finance the founding of a new studio, and development o...

Dual Universe developer surpasses $22.6M in total fundraising amidst industry-leading technological advances and international expansion

Today, French video game developer Novaquark finalizes an additional $11.2M fundraising deal, led by Andurance Ventures and Azom Partners. This nearly doubles the company’s previous total funding as o...

SEKIRO: SHADOWS DIE TWICE KILLS IT WITH MORE THAN 2 MILLION COPIES SOLD WORLDWIDE IN LESS THAN 10 DAYS!

Sekiro™: Shadows Die Twice has shinobi-death-blowed its way into fans hearts and the top of the charts! With a “Must-Play” status on Metacritic that only one percent of all games achieve each year and...

Carolina Games Summit Offers $72,000 in College Scholarships at East Coast Game Conference (ECGC) 2019

East Coast Game Conference (ECGC) — the largest gathering of video game professionals on the east coast — Barton College, and the Carolina Games Summit (CGS) have announced a partnership to bring $72,...

Pearl Abyss Announces $1 Billion in Gross Sales for Black Desert Franchise Across All Platforms

The open-world action MMORPG franchise Black Desert has surpassed $1B in gross sales in four years after its initial release, Pearl Abyss today announced. The critically-acclaimed game, which has laun...

This War of Mine Breaks the Barrier of 4.5 Million Units Sold

Polish independent developer 11 bit studios is proud to report that their hit game, This War of Mine has recently hit the major milestone of 4.5 million units sold over its lifetime. The indie hit abo...

Unheard sounds off of Steam with 100k units sold

Developers NEXT Studios are thrilled to announce the successful release of their audiocentric detective game Unheard. Having just released last Friday, the game achieved a trending status on Steam and...

X Rocker™ Announces the Acquisition of Custom Controllers UK™, a Leading Manufacturer of Unique Gaming Controllers

X Rocker™, market leaders in designing, sourcing and executing gaming furniture, announced today the acquisition of Custom Controllers UK™, a popular manufacturer of custom-made gaming controllers. Th...

UBISOFT® ANNOUNCES PILOT PROGRAM PHASE 2 FOR TOM CLANCY’S RAINBOW SIX: SIEGE’S ESPORT SCENE

Today, Ubisoft® announced Phase 2 of the revenue sharing Pilot Program for Tom Clancy’s Rainbow Six: Siege’s esport scene that began in 2018. This is a new step for the program, riding on the continue...

TURTLE BEACH TO ACQUIRE LEADING PC GAMING ACCESSORY BUSINESS ROCCAT

Turtle Beach(Nasdaq: HEAR), the global leader in gaming headsets and audio accessories, today announced the entry into an agreement to acquire ROCCAT – a top German PC peripherals company with a histo...

Video Game Industry Veteran and Former Atari COO, Todd Shallbetter, Joins Medical Video Game Company, Level Ex

Level Ex, creators of industry-leading video games for doctors, announced today the hiring of former Atari Chief Operating Officer, Todd Shallbetter, as Senior Vice President, Technology Partnerships....

Ascendant Studios Launches to Create Uncompromising, Groundbreaking Game Worlds, Secures Initial Funding Round

Today, independent Bay Area game developer, Ascendant Studios, announced its formation and has secured initial funding to create pioneering, original games and content. Founded by Bret Robbins, former...

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