China Online Games at $13.1B

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MAY 1, 2014 • China's Ministry of Culture released its annual report noting that the domestic online games industry generated 81.9 billion yuan ($13.1 billion) in revenue during 2013, an increase of 36.3% over 2012. Giant Interactive Group Inc., Kingsoft, Netease, Perfect World Entertainment Inc., SNDA, Sohu Changyou.com, and Tencent Holdings Ltd. accounted for 54.4 ...Continue Reading

Bitcoin Hooks Big Fish

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MARCH 11, 2015 • Big Fish Games is now accepting the Bitcoin Internet currency for online game payments and in-app purchases for both its browser and downloadable PC titles. To process bitcoins the publisher has partnered with San Francisco-based Coinbase. The latter is one of the more stable and reputable Bitcoin platforms anchoring 1 million ...Continue Reading

King Finally Files IPO

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FEB. 18, 2014 • After spending several years mulling over its options, skill games company King has filed for a $500 million IPO on the New York Stock Exchange. The maker of the popular Candy Crush Saga intends to use the symbol KING. Bank of America Corp., Credit Suisse Group AG, and JP Morgan Chase ...Continue Reading

The Rise & Fall of Flappy Bird

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FEB. 10, 2014 • The pride of Vietnam's mobile app development scene, Nguyen Ha Dong, has removed his hugely popular Flappy Bird game from distribution. The free title was released last May and existed in relative obscurity until November when iOS downloads skyrocketed. Soon Flappy Bird was getting between 1 million and 2 million downloads ...Continue Reading

Pleasants Out at Disney

John Pleasants

NOV. 12, 2013 • In less than a week after Disney Interactive showed its second recorded quarterly profit of $16 million for the quarter ending September 28, co-president John Pleasants left the division in a management shakeup that installs Jimmy Pitaro as president. Pleasants and Pitaro have managed Disney Interactive as co-presidents since 2010. Pleasants ...Continue Reading

It Takes Skill to Be the King

KING LOGO

MAY 23, 2013 • Recent DFC reports have looked in depth at the size of the mobile and social game markets.  These include The Market for Browser and Social Network Games and The Global Market for Games and Entertainment Applications on Smartphones and Tablets.  These emerging markets have seen plenty of investment but established players ...Continue Reading

Disney Infinity to the Rescue?

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JAN. 15, 2013 • With two hit installments in its Skylanders franchise, Activision Blizzard has proven there is gold in games that interact with companion toy lines, and Disney Interactive is entering the same space by June. Disney Infinity will launch with an initial 17 interactive character figures that tie in with the companion video ...Continue Reading

Angry Birds at 500M Downloads

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NOV. 2, 2011 • Since it release in 2009, Rovio Mobile's Angry Birds has registered more than 500 million downloads on various platforms. Rovio also says 300 million minutes a day are played in the game worldwide. That popularity has enabled the developer to ship more than 10 million Angry Birds toys across the world, ...Continue Reading

Lego Universe Shut down

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NOV. 1, 2011 • The Lego Group announced that its Lego Universe MMO would be shut down on Jan. 31. Any paid subscribers still in the game by Dec. 31 will get their final month of enhanced service free of charge. The reason given for the decision was that the online world game based on ...Continue Reading

Sony Buys Out Ericsson

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OCT. 27, 2011 • Sony Corp. is buying out its Swedish partner for €1.05 billion ($1.45 billion) to assume full control of the Sony Ericsson mobile phone joint venture. The acquisition transfers a range of patents to Sony, and better enables the consumer electronics maker to better integrate smartphones with its other hardware and software ...Continue Reading