$100 Billion Video Game Market by 2018
JUNE 25, 2014 • DFC Intelligence has announced that for the second time this year they are significantly raising their five-year video game forecast.  Overall game software revenue is expected to go from $64 billion in 2014 to $100 billion in 2018. This includes revenue from PC games, console games and mobile games, but does not include hardware spending on game devices. By 2018 the game market is likely to be split fairly evenly between console, PC and mobil.....
Tencent Mobile Game Revenue Triples in First Quarter
MAY 15, 2014 • In first quarter financial reporting Tencent Holdings Ltd. announced that its smartphone mobile games revenue tripled from 600 million yuan ($96.3 million) to 1.8 billion yuan ($289 million) from the previous quarter. During the period the paying player base for this mobile content more than doubled. For the quarter ending March 31 mobile revenue accounted for 17.4% of the 10.4 bi.....
Yodo1 Interview: China Mobile Localization
APRIL 22, 2014 • Yodo1 Interview: With 3G and 4G mobile networks spreading coverage throughout China it is no surprise that overall smartphone penetration is growing significantly with a corresponding demand for mobile game content. That is a very tempting scenario for Western mobile game studios looking to expand revenue. Yet China is a very different market. There are a dizzying number of players in discovery and billing on top of picky consumers with distin.....
Retailer Target Releases Mobile Games
FEB. 28, 2014 • Through the end of this year Target Corp. plans on releasing six free-to-play mobile game titles. The content is fun and accessible, strictly promotional in design, and available for only a limited time. The retailer has released its first two titles this year in partnership with brand partners. Snack Bowl was launched in January to coincide with the Super Bowl. Players earn points by keeping their friends well fed with snacks. Brands participati.....
King IPO is Filed on NYSE
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 & Co. are the coordinators of the stock sale. Funds generated by the IPO will be appli.....
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