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EA With Record Revenue; Plans to Develop Live-service Games
Electronic Arts boasted record revenue in last fiscal year, with as much as $4 billion coming from live-service games (LGS). CEO Andrew Wilson talks about further development of the category.
video games
Angelika Kaldus
May 12, 2021
Ubisoft's Latest Financial Report Reveals New Info on Big IPs
According to the latest financial report, last year turned out to be one of the best in Ubisoft's history. The company recorded impressive revenues and a large increase in interest in its products.
video games
Michael Kulakowski
May 11, 2021
Video Games Industry Is Bigger Than Film, Sports and Music
The gaming market has overtaken the movie industry - valued at nearly $180 billion in 2020 - and Gen Z values it more than sports.
video games
Angelika Kaldus
May 11, 2021
Capcom Reports Record Earnings for Fourth Year in a Row
Capcom has once again had a record year. Thanks to the success of the Resident Evil and Monster Hunter series and ever-growing digital sales, the company reported (for fourth consecutive year) record earnings.
video games
Jacob Blazewicz
May 10, 2021
Epic Games Store Spent $1 Billion on Exclusives
Epic Games has already spent over a billion dollars on exclusive games for Epic Games Store. This is part of a strategy to capture up to half of the PC gaming market.
video games
Bart Swiatek
May 5, 2021
We Learned Epic's Spendings on Giveaways; Subnautica Alone Cost Almost $1.5M
Documents leaked on the occasion of the lawsuit between Epic Games and Apple reveal how much the former paid for games given away for free on its platform during the first nine months of this operation. The total amount it had to spend during that period is close to $12 million.
video games
Milosz Szubert
May 4, 2021
We Know How Much Has Epic Games Earned on Fortnite
Thanks to documents revealed in the lawsuit between Epic Games and Apple, we've learned how much revenue one of the world's most popular games, Fortnite, provides its developers.
video games
Bart Swiatek
May 4, 2021
Xbox is Doing Great - Microsoft Boasts Financial Results
Microsoft's financial report showed great results for its Xbox division. It reported big increases in revenue from console, game and service sales.
video games
Adrian Werner
April 28, 2021
Minecraft Mods Have Become a Business Worth Hundreds of Millions
Selling mods for Minecraft turned out to be a very lucrative business. The amounts and numbers obtained in the official store are very impressive.
video games
Adrian Werner
April 28, 2021
2020 Was the Second Best Year Ever for The Witcher 3
We know how The Witcher 3: Wild Hunt did from the financial side in 2020 compared to previous years. The CD Projekt Group can be satisfied with the results it achieved.
video games
Karol Laska
April 22, 2021
CI Games Reveales 2020 Sales Results
CI Games summed up 2020 in its recently published financial report. The company earned almost $2M during this period. The document also included information on the sales of individual games.
video games
Bart Swiatek
April 20, 2021
Epic Secures $1B for Development, Including $200M From Sony
Epic Games received a really substantial injection of cash from its investors, equal to $1 billion. The amount was contributed by Sony, among others.
video games
Karol Laska
April 13, 2021
Tim Sweeney Satisfied With Epic Games Store, Losses Called 'Investments'
Epic Games' CEO Tim Sweeney commented on Twitter about the Epic Games Store platform losing money. In his opinion, it is an investment that enables the store to grow and reach out to players.
video games
Bart Swiatek
April 12, 2021
Epic Games Store Remains in the Red
The court documents in Epic Games vs Apple case bring a lot of interesting information. It turns out that Epic Games Store has been making nothing but losses so far, and that's not going to change anytime soon.
video games
Paul Musiolik
April 10, 2021
Tencent's TiMi Studios Earns More Than Activision, EA and Take-Two
TiMi Studios, developer of the mobile game Honor of Kings, made more revenue in 2020 than western industry heavyweights like Activision, Electronic Arts, and Take-Two Interactive.
video games
Hubert Sledziewski
April 3, 2021
New Strategy Didnt's Save CD Projekt From Losing Stock Value
March 31 turned out to be fatal for CD Projekt's shares. The company's new strategy and update 1.2 for Cyberpunk 2077 disappointed the investors.
video games
Jacob Blazewicz
March 31, 2021
Genshin Impact Became the Fastest Earning Mobile Game in History
Revenues from the mobile version of Genshin Impact have just surpassed one billion dollars. The game has managed to achieve this faster than any other iOS and Android title. Thus, the previous record holder, Pokemon GO, was dethroned.
video games
Adrian Werner
March 24, 2021
Console Gaming Market Grows on the Pandemic; Up 19% Over 2019
The video game market is one of the few that has seen a lot of growth during the pandemic. Sales in 2020 were 19% higher than 2019, crossing the $50 billion threshold.
video games
Paul Musiolik
March 12, 2021
Roblox Overtakes EA and Take-Two on the Stock Market
The company behind the popular online sandbox game Roblox has successfully debuted on the New York Stock Exchange. The game's popularity is constantly growing and the company is currently worth more than EA or Take-Two.
video games
Adrian Piotrowski
March 11, 2021
Lootboxes to Become Increasingly Profitable Despite Regulations
According to analysts, lootbox revenue is expected to grow every year until it reaches $20 billion per year in 2025. However, this development will not continue indefinitely.
video games
Adrian Werner
March 10, 2021