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MTG acquires Kongregate

MTG has completed the previously announced acquisition of 100 per cent of US games publisher and developer Kongregate Inc. for an Enterprise Value of $55 million (€47.2m). Jørgen Madsen Lindemann,…

Games software/hardware over $150bn revenue in 2017

Games software/hardware over $150bn revenue in 2017

Games software/hardware combined are set to drive more than $150 billion (€129.85bn) revenue for the first time ever in 2017, with software taking around three-quarters and hardware around one-quarter of…

Connected CE purchases show steady decline since 2008

Research from Parks Associates reveals challenges manufacturers face as they seek to drive higher rates of purchase in the connected consumer electronics (CE) markets. 360 View: CE Adoption & Trends…

Record revenue for games industry; Xbox One disappoints

DFC Intelligence released its latest global game industry forecasts. With new hardware systems from Nintendo, Microsoft and Sony along with continued growth of mobile and PC games, the video game…

Minute Media launches esports platform

Minute Media, a global fan-driven sports media business, has announced the launch of its newest brand, esports platform DBLTAP. DBLTAP features interactive, short-form esports video and editorial content along with…

Vodafone Spain launches esports channel

Vodafone Spain launches esports channel

Moving with the esports tide in the Spanish TV market, Vodafone Spain has launched a dedicated channel on Twitch, the Amazon-owned streaming platform. The Esports Vodafone channel daily broadcasts from…

MTG acquires Kongregate games

MTG is acquiring 100 per cent of US games publisher and developer Kongregate from current owner GameStop Corp. for an Enterprise Value of $55 million (€49.3m). The transaction is subject…

The Walking Dead getting VR treatment

The Walking Dead getting VR treatment

Skybound Entertainment, the entertainment company founded by The Walking Dead creator Robert Kirkman and David Alpert, is partnering with Skydance Interactive, to create VR games based on The Walking Dead…

Mobile gaming sales drives global market past $100bn

The global video games software market will exceed $100 billion this year, driven by phenomenal growth of both mobile and PC and new console launches from all three of the…

Limelight: Consumer preferences shift to digital content

Consumers worldwide increasingly depend on smartphones to access digital content and tend to go online to purchase video games, movies and books, according to the latest State of Digital Downloads…