Game industry business news

Unity has acquired GAME’s Multiplay Digital business for £19m, the High Street retailer announced this morning, with an initial transaction of £17.1m and £1.9m in escrow for 19 months. GAME initially acquired Multiplay in March 2015 for £20m. The company runs Insomnia and GAME’s Belong arenas, with Multiplay Digital being …

Jun Byung-Hun, the former Korean e-Sports Association (KeSPA) president, has had a warrant issued for his arrest mere days after issuing a statement denying all allegations of foul play. Byung-Hun is now wanted for charges including embezzlement and bribery, the result of government prosecutors looking into Byung-Hun’s actions while he …

The AR success was up against other Pokemon titles, Monument Valley and The Playroom VR in the Game category

Revenue from microtransactions in free-to-play PC titles is to reach $22bn (£16.4bn) in 2017 – a 15.7 per cent growth compared to last year, according to SuperData. Meanwhile, revenue from additional content for PC and console games will be on a par with last year, reaching $5bn (£3.7bn), and full …

The UK’s gambling commission will not be stepping into the loot box furore, said a statement today from Tim Miller its executive director. As has been repeated ad nauseam in recent debates, Miller makes the argument that if the items cannot be cashed out then its legal powers would not …

Black Friday week was the biggest week of the year so far at retail.  Software sales were up 89 per cent in units and 53 per cent in revenue week-on-week, driven by the wealth of PS4 and Xbox One bundles on offer last week. GfK noted in its report that, …

Big names from developers, including Ninja Theory and TT Games, help increase attendance by 15 per cent

Dr Richard Wilson is CEO of TIGA, the award-winning trade association representing the UK video games industry. At TIGA, Richard has successfully campaigned for the introduction of Video Games Tax Relief and introduced an accreditation system for university games courses. Now that the Government has triggered Article 50 and the …

Players of the popular franchise are calling for a boycott of the game's promotions for Black Friday until game fixes are implemented

Ukie’s biennial Westminster Games Day is a great opportunity for the industry to join forces and make sure our parliamentarians are aware of the importance of the industry and the issues it’s facing. While there, we took the opportunity to have a quick chat with Shaun Campbell, EA’s country manager …