Game industry business news

Global games market to hit $108.9bn in 2017 – Newzoo

3 moneyjpg Global games market to hit $108.9bn in 2017 - Newzoo

The global games market will reach $108.9bn (84bn) in 2017, according to Newzoo’s latest quarterly update, showing a growth of 7.8 per cent year-on-year. The vast majority of that figure will come from digital game revenues, says Newzoo, reaching $94.4bn (72.8bn), or 87 per cent of the global market. This …

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Half-Life finally gets an unedited German release

1 halflifegermanyjpg Half-Life finally gets an unedited German release

Almost 20 years after its original release, German gamers can now legally play an unedited version of Valve’s Half-Life for the first time. Polygon reports that the game has finally been removed from Germany’s ‘list of objectionable media’, which is compiled and managed by the Federal Review Board for Media …

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Overwatch growth spurt drives Q1 growth for Activision Blizzard

overwatch tracer 840jpg Overwatch growth spurt drives Q1 growth for Activision Blizzard

A record period of growth for Overwatch has been rewarding for Activision-Blizzard’s finances. Blizzard has seen a 58 per cent jump in their revenue in the last quarter, exceeding analyst expectations with a respectable $441m in revenues. It still hasn’t quite hit the numbers seen by mobile outfit King, who …

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505 Games appoints Neil Ralley as president

1 neil ralley smalljpg 505 Games appoints Neil Ralley as president

Publisher 505 Games has announed former general manager of 2K Games InternationalNeil Ralley as its new president. Ralley, who previously worked at 2K for 11 years and oversaw the international rollouts of BioShock, Borderlands, Mafia, Civilization, XCOM, NBA 2K and WWE 2K, will now use his expertise to take 505 …

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Over three years after its smash success, DayZ finally enters beta

1 dayzeepeeseejpg Over three years after its smash success, DayZ finally enters beta

It was the surprise hit of late 2013, but DayZ still, remarkably, remains in alpha on Steam Early Access. That’s all about to change, however, with the game’s next patch preparing to take the game into beta. The still PC-only DayZ shifted nearly 1m units and made over 20m in …

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Record Overwatch growth drives Activision Blizzard numbers

1 cloverswatchjpg Record Overwatch growth drives Activision Blizzard numbers

A 58 per cent jump in revenue at Blizzard has played a big part in Activision beating analyst expectations for the last quarter. Blizzard revenues for the period reached $441m, although that doesn’t quite match revenues from the company’s biggest contributor, King, which hit $475m. Activision generated $215m. Both Blizzard …

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Sony, Oculus and HTC headline the new issue of MCV

1 mcv916 edit cover 350x350jpg Sony, Oculus and HTC headline the new issue of MCV

This week, MCV is all about VR and peripherals. First, we talk to Scuf’s CEO Duncan Ironmonger about the firm’s controller revolution and how the company won eSports. We also speak to the teams behind the HTC Vive, Oculus Rift and Sony’s PlayStation VR to see what went right, what …

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Things are finally looking up for Zynga

1 zingerpokeherjpg Things are finally looking up for Zynga

After many years of struggling to recapture the glory years of the casual gaming bubble, Zynga has reported one of its best quarters for some time. GAAP revenue for the period grew four per cent year-on-year to $194.3m, with GAAP net losses reducing from $35.4m to $9.5m. The EBITDA numbers …

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PlayerUnknown’s Battlegrounds is looking good for Xbox One port

1 pugbxbjpg PlayerUnknown's Battlegrounds is looking good for Xbox One port

Developer Brendan Greene has confirmed that the possibility of bringing PlayerUnknown’s Battlegrounds to Xbox One and PS4 is being investigated. "We have a team working already on looking to port it to at least the Xbox One," Greene told BusinessInsider. "We’re looking at both consoles of course, but we have …

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