Financial News

11 bit studios Publishing Division Adds New Project, Announces Increased Level of Investment

11 bit studios announced some interesting numbers alongside a new milestone in the growth of its publishing division at its recent yearly company investors conference. After having the second-best qua...

2.7 Billion Gamers in the World Will Spend $159 Billion on Games in 2020

Newzoo recently published its latest games market analysis which forecasted the global games market generating revenues of $159 Billion in 2020, at a respectable %9.3 growth year to year. Revenues fro...

DrDisRespect stays with Twitch inking a multiyear deal!

Since Ninja and Shroud, it seems Mixer has backed off signed huge multiyear exclusive deals with Twitch content creators. Twitch on the other hand has been very active, most recently signing Pokimane ...

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...

Nifty GamesTM, A New Name In Interactive Entertainment Specializing in Sports Video games: Receives $3 Million in Seed Round

Nifty GamesTM, a brand-new video game publisher  announced its initial capital raise today. Founded by gaming industry veterans Jon Middleton and Pete Wanat, Nifty Games has been formed to deliver hig...

SUPER.COM ANNOUNCES $50 MILLION INVESTMENT FUND TO SUPPORT UNREAL ENGINE PROJECTS

SUPER.COM, a $50 million fund specializing in investments in interactive entertainment projects and companies, has announced a new initiative that will see it focus support on developers using the Unr...

THQ Nordic acquires “Wreckfest”-developer Bugbear Entertainment

THQ Nordic today announced the completion of the acquisition of Bugbear, an experienced and world leading creator of niched racing games built on their proprietary game engine enabled with vehicle des...

FATSHARK EXPANDS WITH STUDIO PURCHASE

Independent developer Fatshark today announced that they have acquired the Swedish game developer A Sweet Studio AB. “Fatshark has been taking a bigger bite out of the Swedish game developing map, and...

Ubisoft Appoints Frederick Duguet as Chief Financial Officer

Today, Ubisoft announced the appointment of Frédérick Duguet as Chief Financial Officer, replacing Alain Martinez, who will retire at the end of 2018. This appointment will be effective as of January ...

Hugo Games completes acquisition of Sacramento-based community game specialist 5th Planet Games

Hugo Games (OMX: HUGO) is pleased to announce that it has completed the acquisition of Sacramento-based 5th Planet Games – a leading developer of community based social games and one of the best...

NANTWORKS MAKES STRATEGIC INVESTMENT IN DAYBREAK GAME COMPANY AND ESTABLISHES VIDEO GAME PUBLISHING JOINT VENTURE, NANTG MOBILE

NantWorks, a diversified holding company, today announced that it has made a strategic investment in Daybreak Game Company, a leading developer and publisher of multiplayer online games. In connection...

THQ Nordic acquires the “Kingdoms of Amalur”-IP – among other assets from 38 Studios

THQ Nordic today announced that the acquisition of the intellectual property “Kingdoms of Amalur” has been finalized with 38 Studios LLC, based in Providence, RI, US. The deal also covered the acquisi...

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