Sections

Focus Home Interactive's Q1 revenue up 49% YOY

World War Z accounted for nearly half of the publisher's sales last quarter

By Rebekah Valentine

Mail.Ru's My.Games grows revenues to $116.9 million in Q2

But suffers $10 million impairment charge as Obsidian co-developed MMO Skyforge falters

By James Batchelor

VR streaming platform LIV raises $1m seed funding

Investors include Oculus founder Palmer Luckey and Beat Games' CEO Jaroslav Beck

Defiant Development to close after nine years

Pioneering Australian studio was "not able to change quickly enough" to adapt to the changing industry

By Matthew Handrahan

Tencent leads 'substantial' funding round for retro games streaming platform Antstream

Subscription service soft launched in Western Europe this month, heading to the US by end of 2019

By James Batchelor

Game Seer Venture Partners launches with €10m fund

Company will invest up to €1.5 million in PC and console games, doesn't require long-term plans

By James Batchelor

Gaming and esports revenues on the rise for MTG

InnoGames' Forge of Empires was at the heart of the Swedish firm's growth in the second quarter

By Matthew Handrahan

DouYu goes public with $775m Nasdaq IPO

Tencent-backed Chinese streaming platform is valued at more than $3.7 billion

By Matthew Handrahan

MTG has invested $11m in games companies this year

H1 deals include Dorian, Tonk Tonk Games and Sviper

By Matthew Handrahan

German consumers spent €4.4bn on video games in 2018

Mobile and consoles have overtaken PC as nation's most popular games platforms

By James Batchelor

NetEase acquires minority stake in Behaviour Interactive

Partnership to help enhance Chinese game giant's research and development efforts

By Haydn Taylor

Sports Direct now owns 84% of GAME

Shares in UK games retailer will be removed from London Stock Exchange by August 12

By James Batchelor

Ratio of successful Kickstarter projects at highest since Double Fine Adventure

ICO Partners breaks down ongoing maturation of crowdfunding projects with H1 2019 update

By James Batchelor

Smartphone maker ROKiT announces $50m indie dev fund

Selection committee of industry veterans established, up to $500,000 per project on offer

By Haydn Taylor

Jagex denies reports it has been sold

Suggested sale by owner Fukong "remains one of various possible outcomes"

By Rebekah Valentine

Game investments continue at record pace in first half of 2019

Digi-Capital: $3.8b in investments contrasts with lowest merger and acquisition and IPO spend since 2010

By Rebekah Valentine

Monolith Soft opens new studio as profits boom

New Osaki studio arrives following a fiscal year in which profits doubled

By Matthew Handrahan

Digital Minister wants UK Games Fund to continue

Margot James declares the £5m financing initiative a success but extension depends on next government spending review

By James Batchelor

Nexon takes majority share in Patrick Söderlund's Embark Studios

Swedish studio is working on free-to-play co-op action game and a platform to make games development accessible

By James Batchelor

Nexon reportedly no longer for sale due to lack of buyers

Founder Kim Jung-ju halts plan to quit games business after low bids cast doubt on buyer financing

By Rebekah Valentine

Animoca Brands acquires Gamma for a potential $2.5m

Initial fee is $350k, with the remainder tied to performance bonuses

Spil Games sells mobile division to Azerion

Founders remain owners of Spil's web portals, will work in partnership with Azerion

By Matthew Handrahan

Keywords Studios acquires Descriptive Video Works Inc

Canadian firm provides audio description services for film, TV and video games

Zynga proposes $600m convertible note sale

If successful, it would add to the $600m raised from the sale of its San Francisco headquarters

By Matthew Handrahan

Subscribe to the GamesIndustry.biz Newsletters