Game industry business news

Firewatch sold 500k in its first month, recouped dev costs in one day

Publisher Panic has expressed its gratitude for the way in which the video games community has made its recent narrative adventure title Firewatch such a great success. The company has revealed that in its first month Campo Santo’s game sold around 500,000 full-price units. Furthermore, it recouped the money spent …

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Machinima and FTC call peace on deceptive advertising complaint

The US Federal Trade Commission has agreed a final consent order with Machinima about the network’s future paid endorsements. In September last year the FTC ruled that Machinima was guilty of ‘deceptive advertising’ after it found that the network paid some YouTubers up to $30k to produce Xbox One videos …

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‘UK eSports is a sleeping giant’ – Gfinity reflects on gaming arena’s first year

Gfinity says it has been ‘a brilliant first year’ sinceopening its eSports arenain London. The company transformed theVue Cinema Fulham Broadway multiplex into a dedicated 600-person capacity competitive gaming venue called the Gfinity Arena in March 2015. Speaking to PCR at theVainglory European Winter Championshipsthis weekend (which saw gaming pros …

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SK Gaming team with Amazon to take on Vainglory

Android and iPhone MOBAVaingloryhas already cemented its position as the most promising mobile eSport, but today the scene takes another big step towards professionalisation, with one of the game’s top teams announcing a partnership with Amazon. Ahead of the hotly anticipated Vainglory Winter Championship,SK Gamingare teaming up with Amazon AppStore. …

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Ember’s investors back out, team will release all players except Contractz

North AmericanChallengersideEmberplans to release all of its players except one in the coming weeks, sources close to the team tell the Daily Dot. Emberis one of many teams in North America to benefit from a recent influx of investment money intoLeague of Legendsandesportsin general. But following a series of investor …

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Sacramento Kings Owner Says New NBA Arena Was Designed For ESports

When the Sacramento Kings’ Golden 1 Center opens in October for the tipoff of the 2016-2017 NBA Season, the $507 million arena will have 1,000 Wi-Fi access points for 17,500 seats and an 84-foot-long 4K video board. While these features are great for NBA fans, Kings co-owner Andy Miller believes …

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Only PlayStation VR can be a mainstream hit, analyst claims

Of the three big players entering the VR fold this year, only one has a chance of being a mainstream hit. That’s according to DFC, which claims that the PS4 accessory will not only be the only successful VR player arriving this year, but also that it could propel the …

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Spencer apologises for school girl dancers GDC stunt

Microsoft has apologised for its use of female dancers dressed as school girls at a GDC party last week. That the platform holder chose to present an event in this way shortly after hosting a Women in Gaming lunch at GDC angered attendees further still. Now the company has said …

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