DFC Intelligence Forecasts Global Video Game Market Spending to Reach $250 Billion in 2023

DFC Intelligence Forecasts Global Video Game Market Spending to Reach $250 Billion in 2023

SAN DIEGO, CALIF. – Video Game Industry analyst firm DFC Intelligence has issued its latest forecast for the global video game market that increases its overall outlook for the market.  This increase is driven by new console systems and a growing mobile game market. DFC Intelligence estimates that the video game software market is expected to grow from $118 billion in 2018 to about $164 billion in 20.....

At E3 2018 Microsoft Looks to the Future

News For several years, the major console manufacturers have nicely staggered their big press conferences.  Traditionally, Microsoft goes first on the Sunday before the show starts.  So Sunday June 10 the Microsoft press conference launched the start of E3 2018 (assuming one does not consider Saturday’s EA Play event an official part of E3).  Going into E3 2018 Microsoft faced a difficult task.  The company has very few exclusives for 2018 and sales have not been strong for the.....
British Telecom Sues Valve

British Telecom Sues Valve

British Telecommunication plc (BT) has sued Valve Corp. in the State of Delaware alleging infringement of four technology patents in the operation of the Steam digital distribution service. The British firm claimed that it attempted to communicate on three separate occasions with Valve legal counsel between October of last year and April 2016, and since they received no response, were compelled to file the lawsuit. .....

Sony Confirms Upgraded PlayStaion 4

JUNE 10, 2016 • Sony Interactive Ent. (SIE) president and global chief executive Andrew House has confirmed that a more powerful PlayStation 4 is currently under development. The disclosure came in an interview with the Financial Times. The upgraded PS4 will feature an enhanced graphics capability, support for 4K ultra high definition resoluti.....

New AMD GPU Clears Up Polaris Strategy

JUNE 7, 2016 • Last week at the Computex Taipei show in Taiwan, Advanced Micro Devices, Inc. introduced its first 14nm Polaris GPU, the Radeon RX 480. Arriving at retail on June 29 in $199 4GB and $229 8GB models, the RX 480 is the first salvo in AMD’s “water drop” strategy that seeks to boost market share by selling high performance GPUs in greater numbers at lower prices. The high-performance comparison in this case is to last year’s 28.....

Mad Catz Cuts Harmonix Ties

JUNE 6, 2016 • After realizing less than expected revenue from its Rock Band 4 co-publishing deal with Harmonix Music Systems Inc., Mad Catz Interactive, Inc. has finalized an exit agreement and will clear out remaining Rock Band 4 peripheral inventory by September 9. In a financial conference call, chief executive Karen McGinnis explained that the game sold well when launched last October but consumer demand was significantly lower than expected. To try and bui.....

Vivendi Controls 50 Percent of Gameloft

MAY 31, 2016 • Vivendi SA now controls more than 50% of mobile game publisher Gameloft SE based on results announced by French regulator AMF that 28.2 million Gameloft shares were tendered to Vivendi’s €8 per share tender offer – equaling 61.7% of share capital and 55.6% of voting rights. Until these results, Vivendi held 29.5% of Gameloft stock, and last week got the support of hedge fund Amber Capital, which owns 14.6%. The hostile takeover began in Febr.....