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Currently Browsing: Results for Tag "financial"

Remedy eyes PS4 development after 20% revenue rise

Remedy eyes PS4 development after 20% revenue rise For the year ended in March, Remedy earned an operating profit of €3.9 million on €16.

NSA Financial Spying Tools Released

NSA Financial Spying Tools Released It’s now feared that one of the world’s most secure methods of making payment orders has been irrevocably compromised with the NSA’s sophisticated arsenal of hacking tools now freely available online.Last week, the Shadow Brokers protested Donald Trump’s involvement in Syria when they released a password that unlocked a trove of NSA exploits.

DomiNations' lifetime revenue passes $100m

DomiNations' lifetime revenue passes $100m The mobile strategy game, which sees players build an empire that evolves from the Stone Age to the Space Age, was developed by Big Huge Games and has been a crucial pillar in the Korean publisher's plans to expand into the Western market.DomiNations has gathered an audience of more than 32m players since its launch two years ago this month, most significantly in the US and Europe - markets in which Nexon's titles have previously struggled to make as much of an impact as in territories closer to the company's home.

Mobile games booming as global games market hits $108.9B in 2017 - Newzoo

Mobile games booming as global games market hits $108.9B in 2017 - Newzoo By 2020, mobile gaming will represent just over half of the total games market, the firm said.Of the $46 billion expected this year, Newzoo said $35.

Netmarble Games IPO raises $2.3bn

Netmarble Games IPO raises $2.3bn Asian mobile giant Netmarble has generated $2.8bn) with its IPO, readying the firm for a series of significant acquisitions.

Avalanche takes over $10M in funding from Nordisk film

Avalanche takes over $10M in funding from Nordisk film Avalanche Studios, the Stockholm headquartered developer of Just Cause, theHunter and Mad Max, has secured over $10 million in investment from Scandinavian media company Nordisk Film, which will make the operator a minority interest stakeholder in the company.This investment allows us to further accelerate toward our goal of developing and self-publishing more high quality games.

Mail.Ru founds Game Investment division

Mail.Ru founds Game Investment division Strategies for the funds include royalty investments and direct M&A activity.Those who receive funding will be brought into the fold of Mail.

Tencent splashes $142.2m on Chinese developer Seasun

Tencent splashes $142.2m on Chinese developer Seasun The China-based developer was at the centre of a number of acquistions, which resulted in Tencent taking a 9.The acquisition was actually orchestrated in two parts by the firm's subsidiary Image Frame Investment, Pocket Gamer reports.

CD Projekt 2016 Financial Results Summary

CD Projekt 2016 Financial Results Summary In case you were curious about the financial state of CD Projekt Group, this article on their official website provides a quick summary of 2016's financial results.The biggest standout there is that The Witcher series have sold over 25,000,000 copies to date.

Remedy Entertainment is planning an IPO

Remedy Entertainment is planning an IPO The planned listing and IPO, which Remedy announced this morning, is estimated to take place next month.The company said the main purpose of its plan is to "execute Remedy's growth strategy and cover the company's development and commercialisation expenses.

Nintendo Switch sold 2.76 million units in March alone

Nintendo Switch sold 2.76 million units in March alone The company said that the difference was down to better than expected shipments of the Switch, which sold 2.7 million units in March alone.

Capcom full-year sales rise to $782.9m

Capcom full-year sales rise to $782.9m Japanese publisher Capcom has released its full-year financial results, showing growth almost across the board and overall net sales of more than �‎87.For the 12 months ended March 31st, 2017, operating income was up 13.

Mobile start-up Mech Moca raises $5m

Mobile start-up Mech Moca raises $5m Globally Accel has a wealth of experience in the gaming space.With Shunwei, we aim to learn from the massive Chinese gaming market and introduce Chinese mobile games to the Indian audience," says Arpita Kapoor, CEO and Co-founder, Mech Mocha.

Xbox Live lifts Microsoft's Q3 Gaming revenue by 4%

Xbox Live lifts Microsoft's Q3 Gaming revenue by 4% The driver of that growth was Xbox Live, with Q3 software and services revenue up 7% over the prior year.The only other solid figures related to Gaming that Microsoft offered were a 13% rise in the number of Xbox Live users, from 46 million to 52 million active accounts.

Breathing In: The Industry in Consolidation

Breathing In: The Industry in Consolidation The reason the Vivendi / Ubisoft drama is of interest, I'd argue, is because it's not happening in isolation.It's part of a broader trend of consolidation that's engulfed the industry over the past few years and shows no sign of slowing down.

Sony expects PS4 sales to slow as console nears 60m units

Sony expects PS4 sales to slow as console nears 60m units 7 billion in revenue, a 6% increase over the year before.2 billion, a more significant 53% increase over the prior year, largely due to cost reductions on PS4 hardware and rising software sales.