INDUSTRY NEWS


Seven Reasons Why More People Are Investing In The Video Game Industry Now, More Than Ever Before

Seven Reasons Why More People Are Investing In The Video Game Industry Now, More Than Ever Before

Video games have gone mainstream. Everyone from toddlers to grandparents are now playing their favorite games on consoles, PCs and mobile devices. What started off as a niche market geared towards teens and young adults has blossomed into a bohemoth.

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2022 Video Game Industry Conference Schedule Announced

The 2022 schedule of video game industry conferences and conventions has been released. With over 100 conferences and conventions scheduled, this year’s lineup will give both investors and presenters the opportunity to meet face-to-face to display technology and discuss investment, and potential M&A deals.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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