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Playful raises $23m in Series A offering

Lucky's Tale studio prioritised IP ownership as it pushed lifetime funding to $48m

By Matthew Handrahan

Homeworld 3 crowdfunding campaign isn't actually about funding

Gearbox launches $1 Fig campaign to get series fans investing in upcoming project

By James Batchelor

Beat Games Studio is now funding new VR games

Beat Saber dev will back up belief that VR "desperately needs new directions" with investment funds

Huya takes $30m minority stake in ESL

Live streaming platform will plan Chinese esports events based on ESL global calendar

By Matthew Handrahan

CD Projekt first-half revenues climb 26%

The Witcher franchise continues to drive Polish publisher's results as Cyberpunk 2077 sees "final, most intensive phase of development"

By Brendan Sinclair

Cerberus Interactive raises $1.75m for location-based mobile games

Reddit CEO and TikTok CBO invest in studio, currently working on debut title Atlas Empires

Ready closes $5m Series A investment round

Funding will be channelled into building hyper-casual competitive gaming platform on mobile

Playtika acquires Best Fiends developer Seriously

Seriously's "mobile first" entertainment strategy drove it to $69m revenue last year

By Matthew Handrahan

Starbreeze reports pre-tax loss as it sheds non-core assets

Sale of Psychonauts 2 and 10 Crowns publishing rights nets Starbreeze around $14 million

By Haydn Taylor

Loot Crate files for bankruptcy, lays off over 50

Employees report no notice or severance despite promises that "operations will continue as usual"

By Rebekah Valentine

Lockwood Publishing closes funding round led by Novator, CCP Games CEO

Unity Technologies founder David Helgasson also participates, appointed chairman of the board

By Rebekah Valentine

Superhot launches indie development fund

Director of special projects Callum Underwood details how the studio is giving back to the indie community with Superhot Presents

By James Batchelor

Pre-tax earnings more than double at Stillfront Group in Q2

Group posts $49.9 million revenue and $15.9 million earnings

By Haydn Taylor

Game revenues rise as Tencent enjoys end of China's approvals freeze

Chinese publisher released ten mobile games in Q2 2019, compared to just one last year

By Matthew Handrahan

THQ Nordic strengthens portfolio with Goodbye Kansas Game Invest acquisition

Goodbye Kansas Game Invest has five investments in early stage games companies, deal includes royalty rights to Biomutant

By Matthew Handrahan

Statespace raises $2.5 million for esports training platform

Seed round was led by First Mark Capital, with participation from Expa, Lux Capital and WndrCo

THQ Nordic confirms new Saints Row title after strong Q1

The publisher also said that development of Dead Island 2 is now being led by Dambuster Studios

By Matthew Handrahan

THQ Nordic acquires Darksiders developer Gunfire Games

Value of the deal for Gunfire's 63 staff and IP catalogue was not disclosed

By Matthew Handrahan

THQ Nordic buys Milestone Interactive for €44.9m in cash

Acquisition of Italian racing studio could almost double in value based on earnouts

By Matthew Handrahan

Imperator: Rome plus multiple game expansions lift Paradox's Q2

Swedish publisher posts record Q2 revenues as long-term investments begin to pay off

By Rebekah Valentine

Annapurna exploring bankruptcy protection

Update: Annapurna Interactive states "we're not going anywhere" to quell fears over its closure

By James Batchelor

Activision Blizzard sees sagging sales, profit, engagement

Key metrics dip for publisher in second quarter as it prioritizes investments it expects to pay off in back half of the year

By Brendan Sinclair

UK spent 1.6bn on video games in the first half of 2019

Games account for 47% of all money spent on entertainment products, outstripping music and video

By James Batchelor

NetEase revenue and profit up in Q2 following strong international performance

"We will continue exploring overseas market opportunities and growing our games business on a global scale," says CEO

By Haydn Taylor

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