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Featured Financial articles

Ubisoft at "high risk" of losing talent after abuse allegations

Company updates assessment for areas of risk in its latest Universal Registration Document

By Marie Dealessandri

Scene raises Ł600,000 in seed round for animation software Cavalry

The round was led by Playdemic founders Paul Gouge and Alex Rigby alongside investment fund ACF Investors

By Marie Dealessandri

Pokémon Go's lifetime revenue hits $5 billion

Niantic's title has generated $641.6 million in the first half of 2021 alone

By Marie Dealessandri

Latest Financial articles

Game deals for H1 2021 almost double total 2020 investments

The value for deals announced and/or closed during the first half of the year hit $60 billion

By Marie Dealessandri

Team17 acquires educational games studio StoryToys for $26.5m

It'll be the company's first foray into the educational games market

By Marie Dealessandri

Take-Two acquires facial animation firm Dynamixyz

The company will operate as a division of Take-Two and continue to be led by its current CEO

By Marie Dealessandri

VR studio Fast Travel Games raises over $4m

Funding round led by Brightly Ventures, as well as existing owners

By James Batchelor

Mobile gamers have spent nearly $45bn in 2021 so far

That accounts for almost 70% of all month generated by apps in the first six months of the year

By James Batchelor

Drop Fake raises $9m in seed funding

The studio, created by Katherine de León, is to focus on cross-platform social experiences

By Marie Dealessandri

Funcom acquires majority stake in The Outsiders

The Norwegian company is also opening a new office in Romania, dedicated to QA

By Marie Dealessandri

How do AAA publishers justify overpaying execs? | Podcast

CtW's Michael Varner joins us on this week's episode to delve deeper into the world of executive compensation

By GamesIndustry Staff

App spending reaches all time high of $34bn during Q2 2021

Mobile game downloads remained at around one billion a week for the fifth quarter in a row

By Marie Dealessandri

Boom Corp raises $1.8 million

The seed funding round, led by VGames, will boost the team's ability to develop social mobile games

By Marie Dealessandri

Indian streaming platform Loco raises $9m in seed round

PUBG parent Krafton leads investment, which will enable startup to spin off from parent Pocket Aces

By James Batchelor

Microsoft's market cap reaches $2 trillion

Xbox giant second only to Apple in ranking of the world's most valuable companies

By James Batchelor

Tencent acquires majority stake in Yager

New deal gives Berlin-based firm additional access to "development resources"

By Danielle Partis

Tips to connect with investors that are right for your studio

Lightspeed's Amy Wu offers useful advice for developers and studios seeking investment partners

By Aaron Lee

Activision Blizzard delays vote on executive pay amid criticism over Bobby Kotick's compensation

Call of Duty publisher claims "misleading" information on the subject had circulated online

By James Batchelor

Qualcomm interested in Arm stake if Nvidia deals fails

The tech company would be ready to invest alongside a "consortium of companies," CEO-elect Cristiano Amon said

By Marie Dealessandri

Ubisoft executives' next bonus depends on carbon reduction rather than increasing diversity

Publisher shifts focus from gender imbalance to environmental concerns when incentivising execs for current financial year

By James Batchelor

Clickwork Games raises $1.2 million

The Estonian studio wants to capitalise on the idle genre's untapped potential

By Marie Dealessandri

Fragbite Group acquires Playdigious

The Swedish company, formerly known as FunRock, will be opening a new publishing and indie games division

By Marie Dealessandri

Four things you need to know before raising money for your game

Makers Fund's Ađalsteinn "Alli" Óttarsson shares his advice for teams approaching venture capital firms for funding

By Ađalsteinn

Gaming social platform Noice raises $5m

Founders of Unity and Supercell among investors behind the Finnish startup

By James Batchelor

Fnatic targets Japanese expansion following $17m investment

UK-based esports firm has raised more than $44m to date, will open office in Japan

By James Batchelor

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