Game industry business news

Professional Teams Form eSports Union, Make Excessive Demands

With numbers often comes power. That’s at least the logic behind the creation of the latest union featuring several of Europe’s most prominent and recognisable (but not all) professional gaming teams. But in a letter sent to eSports organisers, and since released to the public, the union has outlined some …

Read More »

Star Citizen dev threatens legal action over contested article

Developer Cloud Imperium Games has said it may take The Escapist to court over an article published last week in which it was accused of embezzlement. The piece said that only $8m of the game’s $90m crowdfunding kitty remains, primarily due to wasteful spending, much of which was put behind …

Read More »

Heroes team that can’t find a sponsor turns to crowdfunding

Murloc Geniuseshas appeared at theHeroes of the StormAmericas Championship. They’re one of the top teams in the region. But despite this, they still don’t have a sponsor. Now, they’re resorting to crowdfunding to make sure they can afford a trip to a major event. Read more at Daily Dot >>>

Read More »

The esports craze will generate $1.8B a year by 2020

It’s no secret that esports, or competitive video gaming, has become big. The question is how big. Colin Sebastian, analyst at R.W. Baird, estimates that esports will generate more than $1.8 billion in annual revenue by 2020, according to a research report dubbed esports readying for prime time” released today. …

Read More »

Shenmue 3 may have to compromise visuals to become a better game

Developer Yu Suzuki has said that the game’s $6,333,295 Kickstarter total is not enough for him to do everything he wanted with Shenmue 3. "I could do with a bit more money,” he told Eurogamer. The game itself doesn’t have to be gorgeous visually – a lot of the money …

Read More »

LEGO Dimensions debuts in second place, outperforms Disney Infinity and Skylanders Week One sales

For the second week running, FIFA 16 holds the top spot in this week’s UK charts. Sales of EA’s football title dropped 74 per cent, but the game still outperformed Warner Bros’ first foray into the toys-to-life genre. LEGO Dimensions is the third toys-to-life game to launch this year, after …

Read More »

Niche ‘n’ easy: Meet the cult games that defy Metacritic

You may have not played Farming Simulator, Deadly Premonition or Sniper Elite, but it’s extremely likely you know them by name. These, and games like them, are examples of mid- and low-budget titles that have managed to achieve either commercial or critical success, despite their position outside the realm of …

Read More »

An esports lawyer explains how the new team ‘union’ will push esports forward

Yesterday was a pretty big day for esports—We have our first union.”News broke yesterdaythat 10 of the top esports team organizations have banded together and issued a declaration to major tournament organizers, outlining minimum standards and obligations for events in which these teams are willing to participate. Read more at …

Read More »

Microsoft purchases Havok from Intel

Microsoft has acquired Ireland-based middleware developer Havok from Intel. A post on Microsoft’s blog announces the company’s purchase of the developer known for providing ragdoll physics and destructible elements for a myriad of notable titles, such as Dark Souls II and Mortal Kombat X. While terms weren’t disclosed, Microsoft explained …

Read More »