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14 - 16 April 2021

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Featured Business articles

PUBG parent Krafton applies for IPO

Seoul-based analysts valued the PUBG maker at around $17.9 billion

By Danielle Partis

Tim Sweeney is right - Epic losses on its Game Store are a good investment | Opinion

The company's crusade against Apple may look increasingly quixotic, but its spending on creating a serious competitor to Steam is rational and justified

By Rob Fahey

AppLovin IPO raises $1.8bn

Offering values the mobile games firm at nearly $30 billion, shares to be listed on NASDAQ Global Select Market today

By James Batchelor

Latest Business articles

Capcom confirms no credit card information was accessed during ransomware attack

The Japanese firm's internal systems are now "near to completely restored"

By Marie Dealessandri

Activision takes Call of Duty Warzone trademark fight to court

After 2017 browser game objects to trademark filings, publisher asks a judge to determine rights

By Brendan Sinclair

US State Department supports virtual exchange program to unite young developers globally

Game Exchange will support aspiring developers from 'underserved populations' across the US and Middle East

By Danielle Partis

Tripledot Studios raises $78 million

"The funding round will allow us to accelerate our growth by acquiring studios that can benefit from our expertise"

By Marie Dealessandri

Outright Games' Q4 2020 revenue skyrockets to 22m

The publisher saw a 75% growth year-on-year, boosted by the release of Paw Patrol, TrollHunters, and Transformers titles

In-game spending on iPhone grew 43% in 2020 in the US

User spending for the games category reached an average of $76.80 last year

By Marie Dealessandri

Tencent's Timi Studios reportedly earned $10bn in 2020

The Honor of Kings studio is the world's biggest developer, Reuters reported

By Marie Dealessandri

Ubisoft acquires anti-cheat developer GameBlocks

The acquisition was made by subsidiary i3D.net, which will integrate GameBlocks' middleware into its hosting platform

Play Ventures raises $135m to invest in game studios

Indian startup All Star Games has already received $1.5 million from the new funding round

By Marie Dealessandri

Activision DMCAs news outlet for reporting Call of Duty leak

Video Games Chronicle says its Twitter account was locked for a post about new Warzone map

By Brendan Sinclair

nDreams unveils initiative to diversify UK talent pipeline

The nDreams Academy will include internships, graduate placements, apprenticeships and work experience opportunities

Sega reportedly accuses SteamDB of Yakuza piracy

Update: Japanese publisher says page on stat-tracking site was "incorrectly flagged" by anti-piracy software

By James Batchelor

Tencent helps bust "world's biggest" cheating operation

The Chinese police seized $46 million worth of assets, including luxury cars

By Marie Dealessandri

Sumo revenue jumps 40% as it eyes more acquisitions

"The environment that we are currently in means that everybody thinks they can sell their business for top dollar"

By Christopher Dring

What's wrong with the UK talent pipeline and how to improve it

Sumo's Harinder Sangha, Kieran Holland, and Jacob Habgood tell the GamesIndustry.biz Academy about ways UK companies can diversify how they access talent

By Marie Dealessandri

Former Famitsu editor arrested for fraud

Freelance editor reportedly confessed to charges of billing the publication for articles he wrote

By Brendan Sinclair

Nexon invests $874m in Bandai Namco, Konami, Sega and Hasbro

More investments to come as part of $1.5 billion initiative to support "overlooked and undervalued" entertainment firms

By James Batchelor

Gfinity is no longer for sale

Revenue at the esports company was up 212% in the second half of 2020

By Marie Dealessandri

Nordisk Games acquires 30% stake in Supermassive

"There are few studios better at creating rich, narrative-driven games, built around unique stories and IPs," said Nordisk MD

By Marie Dealessandri

PUBG Mobile's lifetime revenues pass $5bn

Sensor Tower estimates show the battle royale generated $2.7 billion in 2020 alone

By James Batchelor

Frost Giant Studios raises $5 million

Blizzard veteran James Anhalt has also been hired as chief architect

By Marie Dealessandri

Keywords Studios reports strong 2020 with €373.5m in revenue

The services provider acquired seven companies in 2020 for a total consideration of up to €97.2 million

By Marie Dealessandri

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