Game industry business news

Formula E-sports: Milestone on the future of its MotoGP esports championship

1 moto gp headerpng Formula E-sports: Milestone on the future of its MotoGP esports championship

With its new MotoGP esports championship underway, Katharine Byrne talks to Milestone’s marketing manager Andrea Loiudice about the future of real world esports. Why turn the MotoGP series into an esports championship now? It’s something that’s been discussed for months with [MotoGP owner] Dorna, and in the end we agreed …

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Xbox hardware revenue down 29% after fall in Q4 sales

5 xbox onepng Xbox hardware revenue down 29% after fall in Q4 sales

Microsoft has released its Q4 earnings report for FY17, and its gaming revenue has increased three per cent year-on-year to hit $1.6bn, driven largely by Xbox software sales and services. This figure may well have been higher, however, were it not partly offset by a decline in Xbox hardware revenue. …

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New 2DS XL tops Japan’s hardware charts after 30% fall in Switch sales

4 new 2ds xljpg New 2DS XL tops Japan's hardware charts after 30% fall in Switch sales

Nintendo’s New 2DS XL sold over 36,000 units in its first week on sale in Japan, making it the best-selling piece of hardware in last week’s charts, according to the latest figures from Famitsu. Sales were bolstered by the release of Hey! Pikmin, which debuted at No.2 with over 79,000 …

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Over 50% of global digital console revenue to come from DLC and microtransactions in 2017 – SuperData

1 gta v b 350jpg Over 50% of global digital console revenue to come from DLC and microtransactions in 2017 - SuperData

As publishers shift to a games-as-a-service business model, additional content should have a growing importance in digital console revenue in 2017, SuperData reports. The data firm expects worldwide digital console revenue to reach $7.8bn (6bn) in 2017, with $4bn (3.1bn) coming from additional content such as as DLC and microtransactions. …

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Zynga and MGM’s Words with Friends TV show is the ‘correct route’ for strengthening brand loyalty

karol severinpng Zynga and MGM's Words with Friends TV show is the 'correct route' for strengthening brand loyalty

Earlier this week, Zynga announced it was teaming up with MGM Television to create a new TV show based on the popular mobile hit Words with Friends. That might sound like a slightly strange concept for a TV show, but MIDiA Research’s Karol Severin has told MCV this is the …

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Gamescom to grow 20% in 2017

1 gamescom entrancejpg Gamescom to grow 20% in 2017

In just a few weeks time, hundreds of exhibitors will be arriving at Cologne’s Koelnmesse for this year’s Gamescom, making the world’s largest gaming event the biggest and best yet. With over 900 expected exhibitors, Gamescom 2017 is estimated to grow by approximately 20 per cent year-on-year, making it another …

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Switch drives US hardware spending, but gold PS4 still best-selling console in June – NPD

1 ps4 goldjpg Switch drives US hardware spending, but gold PS4 still best-selling console in June - NPD

Total video game spending in the US in June 2017 rose seven per cent year-on-year to $765m, according to the latest data from NPD, with accessories being the only category to show a decline. Hardware spending showed the highest amount of growth, rising 27 per cent compared to June 2016 …

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Razer aiming for IPO of $5bn in October

1 razer logopng Razer aiming for IPO of $5bn in October

PC peripherals manufacturer Razer is aiming for an initial public offering in Hong Kong valued up to $5bn, according to a new report from Bloomberg. At the moment, Razer is said to be aiming for a public debut in October, and it’s currently looking to value the company somewhere between …

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Bethesda makes Doom’s paid DLC free for everyone

1 doom 350jpg Bethesda makes Doom's paid DLC free for everyone

Bethesda just released a new update for Doom, version 6.66, bringing a wealth of changes to the FPS. In a blog post, the publisher announced it has retired” Doom’s Season Pass, making all the DLC free for all players. That’s three multiplayer DLC packs, which include nine of our best …

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