search slide
search slide
pages bottom
Currently Browsing: Results for Tag "financial"

Creative England awards 150,000 to Leeds studios

Creative England awards 150,000 to Leeds studios It told people at Creative England: Live that �150,000 worth of grants have been allocated already to developers and digital companies based in Leeds, UK.It is part of the firm's three-year Gamelab Leeds initiative, which is a development fund designed to get new projects off the ground.

The Podcast: When crowdfunding fails

The  Podcast: When crowdfunding fails The latest episode of The GamesIndustry.biz Podcast is available now, and takes a long, hard look at a business model that continues to make or break new video game ventures.

Virtuos acquires Black Shamrock

Virtuos acquires Black Shamrock Virtuos accelerated its Western expansion today, announcing the acquisition of Dublin-based Black Shamrock Studios."We are delighted to welcome the entire team at Black Shamrock Studios into our growing global organization," Virtuos CEO Gilles Langourieux said.

Samsung debuts new measures to stay out of any other bribery scandals

Samsung debuts new measures to stay out of any other bribery scandals Following a very messy political scandal, Samsung is hoping to clean things up a bit.On Friday, the South Korean company announced a number of new measures that seek to “bring greater transparency and accountability in managing financial donations and monetary support for corporate social responsibility (CSR)-related activities and funds.

Nexon makes strategic investment in IMC Games

Nexon makes strategic investment in IMC Games TOKYO - February 27, 2017 - NEXON Co., Ltd.

Next Games looks to €30 million IPO

Next Games looks to €30 million IPO The Finnish mobile developer Next Games will IPO on the Nasdaq First North Finland stock exchange, with an expectation of raising €30 million to fund the company's expansion.The shares will be available to private investors and entities in Finland, Next Games' Finnish staff, and institutional investors worldwide.

"Mine asteroids, build space stations. This is the purpose of life"

"Mine asteroids, build space stations. This is the purpose of life" In the game's new, friendlier tutorial, the very first thing the player sees is a destroyed Titan class vessel.we thought when we first introduced them in 2008, we were just like, 'Okay, maybe nobody will build one.

EA's Ultimate Team now worth $800 million annually

EA's Ultimate Team now worth $800 million annually We last heard about annual Ultimate Team revenue in March last year, when CFO Blake Jorgensen told analysts at a Morgan Stanley conference that it had reached $650 million - around half of all the money EA made from extra game content that year.Yesterday, Jorgensen gave an update at the same conference, confirming that Ultimate Team is now worth $800 million in revenue.

Small Giant secures €5.4m in funding

Small Giant secures €5.4m in funding The investment will be used to market its brand new title Empires & Puzzles as well as to build new games.Lead investor in the round is Stockholm, Sweden based EQT Ventures, followed by the company's earlier investors Creandum, Spintop Ventures, PROfounders and First Fellow Partners.

Roblox lands $92m in funding

Roblox lands $92m in funding The financing was led by Meritech Capital Partners (which has invested in Snapchat and Facebook) and Index Ventures (investors in King and Supercell).The investment deal includes Meritech's Managing Director Craig Sherman and Index Ventures' Co-founder and Partner Neil Rimer taking observer seats on the Roblox board.

Zynga buys four Solitaire games for $42.5 million

Zynga buys four Solitaire games for $42.5 million 5 million.The cash deal was finalised on February 14 this year, but it was only mentioned briefly in a recent SEC filing, spotted by SeekingAlpha.

Netmarble to raise $2.4 billion with an IPO

Netmarble to raise $2.4 billion with an IPO That figure, which is at the top end of Netmarble's share price range, would make its IPO the second biggest in the country's history.According to Bloomberg, the KRW 2.

Tencent cleared $10 billion game revenue in 2016

Tencent cleared $10 billion game revenue in 2016 In the calendar year ended December 31, 2016, Tencent earned �70.844 billion ($10.

Traplight secures $2.7m funding round

Traplight secures $2.7m funding round 7 million of funding, raising the studio's total investment to $5 million.The company will use the newly acquired funding to scale up the team to further develop groundbreaking mobile games based on player creativity.

GameStop blames sales dip on "weak" game category

GameStop blames sales dip on "weak" game category The specialty retailer reported numbers for the fiscal year ended January 28 today, and they fell far short of initial expectations.Coming into the year, GameStop projected a 2016 campaign with revenues up 3% and net profits of up to $423 million.

Digital retailer Chrono.gg secures $1m in funding

Digital retailer Chrono.gg secures $1m in funding gg has announced it has secured $1m in funidng that will help the firm grow its unusual retail offering.It also calls upon influencers with much of its marketing, partnering with the likes of John "TotalBiscuit" Bain to promote each of its deals.

Mad Catz to be delisted over

Mad Catz to be delisted over At that time, Mad Catz said it intended to avoid that fate through a reverse stock split.In a subsequent shareholder meeting, several of the company's key investors questioned the wisdom of a reverse stock split, arguing that Mad Catz stock was in too much "distress" to benefit.

150 store closures planned at GameStop

150 store closures planned at GameStop As a result, the retailer plans to close between 2% and 3% of its stores, estimated at around 150 branches.However, USA Today reports it will offset these closures by opening 35 new Collectible stores and 65 Technology outlets.