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Riot Acquires Radiant

MARCH 10, 2016 • Riot Games has acquired Los Altos, Calif.-based Radiant Entertainment for an undisclosed sum. The acquisition is the first for Riot. Radiant was founded in 2013 by brothers Tom and Tony Cannon. Their first title is the crowdfunded town building simulation game, Stonehearth, which is still in alpha. Also in alpha was […]

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Perfect World’s First Pay Game

FEB. 1, 2016 • Later this year, Chinese publisher Perfect World Ent. Inc. will publish its first pay-to-play title, Livelock, from Tuque Games in Montreal, Canada. The top-down shooter is slated for PC, PlayStation 4 and the Xbox One. Livelock is the first game from Tuque, which was founded in 2012. The title was originally […]

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ATVI Spends Big On King

NOV. 3, 2015 • Activision Blizzard is spending $5.9 billion ($18 per share) to acquire all outstanding shares of Dublin, Ireland-based Candy Crush Saga creator King Digital Ent. Of the total, $3.6 billion is cash that Activision Blizzard has parked outside the United States. The remainder is made up by a loan fronted by Bank […]

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4M PS4s Moved In 3rd Qtr

OCT. 29, 2015 • For the fiscal quarter ending September 30, Sony Computer Ent. shipped 4 million PlayStations 4s, up from 3 million units the previous quarter. For the entire 2015 fiscal year ending March 31, SCE revised the expected total of PS4s shipped to 17.5 million units, up from the previous estimate of 16.5 […]

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CrossFire Goes Hollywood

OCT. 15, 2015 • South Korea’s Smilegate Group has just inked a deal with Fast and the Furious production company Original Film to develop a motion picture based on the CrossFire online FPS franchise. The agreement marks the first time a South Korean game property has been adapted for a film. After eight years in […]

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Zapak Strengthens China Ties

SEPT. 29, 2015 • Zapak Mobile Games Private Ltd, a division of India’s Reliance Entertainment, has sealed two agreements to pursue several China-related endeavors. The first saw an Rs 989 million ($15 million) investment by Lead Eastern Investment Co., Ltd. based in Datong, China. The 10% stake is part of a joint venture between the […]

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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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Tapjoy Touts Analytics

AUG. 3, 2015 • Tapjoy, Inc. has been making some noise of late regarding their monetization SDK as the premium option for freemium mobile developers. The privately funded firm has been strong since 2007 in regards to its mobile advertising network that fed in-game ads to iOS and Android devices. But a year ago, Tapjoy […]

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