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More Rovio Layoffs

AUG. 26, 2015 • More than a third of Rovio Entertainment Ltd.’s workforce will be laid off during the next six weeks to streamline costs. The Angry Birds maker plans to lay off 230 employees in Finland and another 30 overseas. The only projects not seeing staff cuts are employees in the United States and […]

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Monster Strike Revenue Soars

AUG. 19, 2015 • Japan’s social network operator Mixi, Inc. only has one mobile game to its credit, yet Monster Strike has been a revenue bonanza since hitting the market in October 2013. For the first fiscal year quarter ending June 30, the title generated ¥47 billion ($379 million). Although the game has been released […]

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Tencent’s 2Q Game Revenue

AUG. 14, 2015 • Tencent Holdings Ltd. continues to be a leader in PC online games and is increasingly looking to grow its presence in the competitive mobile game business. Surprisingly, second quarter growth in mobile games revenue was somewhat stagnant. Compared to the first quarter, online computer games saw revenue of 12.97 billion yuan […]

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ATVI’s Solid Qtr Despite WoW Dip

AUG. 6, 2015 • Activision Blizzard, Inc. (NADAQ:ATVI) stock value increased over 10% as second quarter numbers showed the company beat earnings expectations. Under GAAP reporting, revenue in the second quarter of 2015 increased 8% over the same period last year to just over $1 billion. Using GAAP analysis, net income for Q2 remained very […]

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Razer Eyes Android TV

JULY 30, 2015 • This week Razer Inc. confirmed it had acquired the software assets of Ouya, Inc. on June 12. The purchase netted Razer Ouya’s content catalog and online retail platform, plus the latter’s technical and developer relations teams. Financial terms behind the agreement were not disclosed. The acquisition is the first for game hardware […]

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The Truth About E3

  • Category: Trends

JULY 13, 2015 • The Electronic Entertainment Expo last month was a chance for the largest game companies to show off their big new guns. Even as the game industry grows into new markets and platforms, E3 is a reminder that the biggest products in the space are now the biggest entertainment product launches ever. When […]

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Chicago Taxes the Cloud

JULY 2, 2015 • Like most major cities, Chicago has an amusement tax levied on concerts, movie exhibition and sporting events within city boundaries. In a first for the Unites States, according to The Chicago Tribune, the city Finance Department has ruled in favor of an extension of the 9% amusement tax and the personal […]

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Steam Expands Refund Policy

JUNE 4, 2015 • Valve Corp. has instituted a much wider refund policy behind its Steam digital distribution service. Starting this week consumers may request a refund for any reason during the first 14 days of use as long as the title has been played for less than two hours. Game DLC purchased separately is also […]

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1TB PS4 Tested

JUNE 2, 2015 • According to certification documents that were submitted to the U.S. Federal Communications Comm. (F.C.C.) by Sony Computer Ent., two new PlayStation 4 models are planned, one of which is equipped with a 1TB storage device (CUH-1215B), while the other unit (CUH-1215A) is retaining the current 500GB capacity. Other changes in these units […]

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Van Caneghem Goes Mobile

MAY 28, 2015 • Best known as the co-creator of the Heroes of Might & Magic franchise, and more recently co-founding Trion Worlds, Inc., Jon Van Caneghem has launched his latest studio: VC Mobile Ent. The new development operation has already secured $4.5 million in Series A funding led by Tencent Holdings Ltd. and Pacific Sky Investments. […]

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