financial results Latest news

EA With Record Revenue; Plans to Develop Live-service Games

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

EA With Record Revenue; Plans to Develop Live-service Games
Ubisoft's Latest Financial Report Reveals New Info on Big IPs

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

Ubisoft's Latest Financial Report Reveals New Info on Big IPs
Video Games Industry Is Bigger Than Film, Sports and Music

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

Video Games Industry Is Bigger Than Film, Sports and Music
Capcom Reports Record Earnings for Fourth Year in a Row

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

Capcom Reports Record Earnings for Fourth Year in a Row
Epic Games Store Spent $1 Billion on Exclusives

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

Epic Games Store Spent $1 Billion on Exclusives
We Learned Epic's Spendings on Giveaways; Subnautica Alone Cost Almost $1.5M

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 Learned Epic's Spendings on Giveaways; Subnautica Alone Cost Almost $1.5M
We Know How Much Has Epic Games Earned on Fortnite

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

We Know How Much Has Epic Games Earned on Fortnite
Xbox is Doing Great - Microsoft Boasts Financial Results

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

Xbox is Doing Great - Microsoft Boasts Financial Results
Minecraft Mods Have Become a Business Worth Hundreds of Millions

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

Minecraft Mods Have Become a Business Worth Hundreds of Millions
2020 Was the Second Best Year Ever for The Witcher 3

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

2020 Was the Second Best Year Ever for The Witcher 3
CI Games Reveales 2020 Sales Results

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

CI Games Reveales 2020 Sales Results
Epic Secures $1B for Development, Including $200M From Sony

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

Epic Secures $1B for Development, Including $200M From Sony
Tim Sweeney Satisfied With Epic Games Store, Losses Called 'Investments'

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

Tim Sweeney Satisfied With Epic Games Store, Losses Called 'Investments'
Epic Games Store Remains in the Red

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

Epic Games Store Remains in the Red
Tencent's TiMi Studios Earns More Than Activision, EA and Take-Two

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

Tencent's TiMi Studios Earns More Than Activision, EA and Take-Two
New Strategy Didnt's Save CD Projekt From Losing Stock Value

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

New Strategy Didnt's Save CD Projekt From Losing Stock Value
Genshin Impact Became the Fastest Earning Mobile Game in History

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

Genshin Impact Became the Fastest Earning Mobile Game in History
Console Gaming Market Grows on the Pandemic; Up 19% Over 2019

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

Console Gaming Market Grows on the Pandemic; Up 19% Over 2019
Roblox Overtakes EA and Take-Two on the Stock Market

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

Roblox Overtakes EA and Take-Two on the Stock Market
Lootboxes to Become Increasingly Profitable Despite Regulations

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

Lootboxes to Become Increasingly Profitable Despite Regulations