INDUSTRY NEWS


2021 DEAL VOLUME AND VALUE IN VIDEO GAME INDUSTRY WAS THREE TIMES GREATER THAN 2020

2021 Deal Volume and Value in Video Game Industry Was Three Times Greater Than 2020

The final numbers are in. 2021 was a record investment year for the video game industry, with roughly $85 billion in deals. The figure, three times greater than 2020 could be dwarfed this year, as over $80 billion in M&A have already occurred by late January.

Read More


0 Comments2 Minutes

Consumer Video Game Spending Hits New Record in 2021

Consumer Video Game Spending Hits New Record in 2021

In the lockdown induced year of 2020, video game use and spending on content, hardware and accessories hit records. It was expected that once lockdowns were eased, spending in the sector would fall. That has not happened.

Read More


0 Comments3 Minutes

Microsoft Acquires Activision Blizzard For $68.7 Billion The Biggest Deal in Gaming History

Microsoft Acquires Activision Blizzard For $68.7 Billion
The Biggest Deal in Gaming History

Kiss the video game industry’s $70+ billion in total 2021 deals goodbye. We’re less than three weeks into 2022 and we may have already set a new annual dollar-value record for video game industry mergers, acquisitions, and investment in the space.

Read More


0 Comments3 Minutes

2022 Consumer Electronics Show Dominated by The Video Game Industry

2022 Consumer Electronics Show Dominated by The Video Game Industry

The 2022 Consumer Electronics Show (CES) held January 5 through January 8 in Las Vegas, Nevada, just wrapped up, and was dominated by video games and video game-tech this year.

Read More


0 Comments3 Minutes

Mega-Acquisition Announced: Take-Two Interactive to Buy Zynga for $12.7 Billion

Mega-Acquisition Announced:
Take-Two Interactive to Buy Zynga for $12.7 Billion

Take-Two (NASDAQ: TTWO) will acquire all outstanding shares of Zynga (NASDAQ: ZNGA) for $9.86 per share, a massive 64% premium over Friday’s closing price of $6.00. The deal will pay Zynga shareholders $6.36 in TTWO stock and $3.50 in cash for every share of ZNGA held.

Read More


0 Comments2 Minutes

2022 Starts Hot: New $225 Million Gaming SPAC Announced

2022 Starts Hot: New $225 Million Gaming SPAC Announced

Jack Tretton, the former CEO of PlayStation, has announced a new $225 million special acquisitions company (SPAC) focusing on the video gaming industry. The SPAC, called PowerUp Acquisitions, will raise $225 million at $10 a share, offering 22.5 million shares.

Read More


0 Comments3 Minutes

Defining Moments of the 2021 Video Game Industry

2021 has been a banner year for the video game industry. There were record investment, record mergers and acquisitions and record public listings. 2022 promises to be the best year yet for both the industry and its investors. As we approach the new year, here are some of the defining moments of 2021.

Read More


0 Comments3 Minutes

Voodoo to Invest $200 Million in 2022

Voodoo to Invest $200 Million in 2022

The company, backed by Tencent and Goldman Sachs, says it will concentrate this capital in gaming studios who develop blockchain-based mobile games. Blockchain technology, especially assets like NFTs, are expected to revolutionize and incentivize gamers.

Read More


0 Comments3 Minutes

Expert In the Video Game Industry Predicts 5 Future Growth Trends

With a current valuation of over $300 billion, the industry is expected to be worth nearly $600 billion by just 2028. As we enter 2022, some of the biggest winners in this continued boom will be smaller video game developers, publishers, patent holders and investors, especially those investors who place themselves in position with a company that could be the target of an acquisition.

Read More


0 Comments3 Minutes

eSports Market to Surpass $7 Billion Valuation

eSports Market to Surpass $7 Billion Valuation

The relatively new market is one of the fastest growing subsectors in the video game industry. Hundreds of thousands of gamers currently compete in eSports on some level, with over 380 million spectators who watch competitions both online and at live tournaments.

Read More


0 Comments3 Minutes

TCI NEWS


The Coalescence of Mobile Gaming and Mobile Commerce

Nimble high-net-worth investors have just begun entering a new growth market. A place where the $150 Billion gaming industry meets the $10.3 Trillion…

Read More


0 Comments1 Minute

The Future of Mobile Gaming

It’s 1958. In a small dark room, hidden inside the Brookhaven National Laboratory, a physicist is hard at work. He’s been tirelessly studying and…

Read More


0 Comments7 Minutes

League of Legends’ newest champion Viego can take control of slain enemy players

Generation Z, or individuals born after 1995, are coming of age where they are the new “target market” for many companies. So how do companies’…

Read More


0 Comments3 Minutes

Destiny 2 Trials of Osiris rewards, Jan. 8-12

Players who manage to reach seven wins without a single loss can go to the Lighthouse social space — this is called a Flawless run. The Lighthouse…

Read More


0 Comments2 Minutes