Playful raises $23m in Series A offering
Lucky's Tale studio prioritised IP ownership as it pushed lifetime funding to $48m
Financial
Homeworld 3 crowdfunding campaign isn't actually about funding
Gearbox launches $1 Fig campaign to get series fans investing in upcoming project
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
Knock Knock raises $4m for messenger-based mobile games
Start-up has raised $6 million since June 2018
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"
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
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
Loot Crate files for bankruptcy, lays off over 50
Employees report no notice or severance despite promises that "operations will continue as usual"
Lockwood Publishing closes funding round led by Novator, CCP Games CEO
Unity Technologies founder David Helgasson also participates, appointed chairman of the board
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
Pre-tax earnings more than double at Stillfront Group in Q2
Group posts $49.9 million revenue and $15.9 million earnings
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
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
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
THQ Nordic acquires Darksiders developer Gunfire Games
Value of the deal for Gunfire's 63 staff and IP catalogue was not disclosed
THQ Nordic buys Milestone Interactive for €44.9m in cash
Acquisition of Italian racing studio could almost double in value based on earnouts
Imperator: Rome plus multiple game expansions lift Paradox's Q2
Swedish publisher posts record Q2 revenues as long-term investments begin to pay off
Annapurna exploring bankruptcy protection
Update: Annapurna Interactive states "we're not going anywhere" to quell fears over its closure
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
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
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
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