Game industry business news

UPDATED: After only 24 hours, Humble’s Freedom Bundle has already raised $3m. At the time of writing, the bundle has now sold over 119,600 units, raising over $3.8m (3m), according to the website. The Freedom Bundle launched on Monday afternoon and there are still five days to go until the …

After being dropped by his network Maker Studios, PewDiePie has run into trouble with YouTube itself. That’s according to Variety, which reports that the video platform has cancelled the second series of the star’s – real name Felix Kjellberg – premium $10-a-month reality show, Scare PewDiePie. This was hosted and …

DingIt TV’s parent company has today announced that it’s launched Level Up Media to build its media and technology business. DingIt TV will remain Level Up Media’s flagship destination for consumers, but the new division will also be launching two brand new gaming sites later this year. These will cater …

Sniper Elite 4 developer Rebellion has announced plans to licence its 2000 AD IP to external developers. CEO Jason Kingsley broke the news over the weekend at the 40 Years of Thrill-power Festival in London, which marked four decades of the weekly anthology comic book. "This week we’re proud to …

We already know that 2016 was not the best year ever for the UK games market. But there’s one category within gaming that still provides growth: merchandise.  GAME said in its 2016 financial report that although sales declined in the year, licensed merchandise was up 70 per cent year-on-year.  But …

Nintendo has announced it will be releasing a season pass for Switch launch title, The Legend of Zelda: Breath of the Wild. This is the first time DLC will be available for the main Legend of Zelda series, and it will be available for both the Switch and Wii U …

FaZe Clan paid a massive $500,000 to mousesports in order to sign Nikola “NiKo” Kovac according to a report.  Dot eSports reports that sources close to the deal are touting the $500,000 transfer fee, making it the largest transfer deal in CS:GO history that we know of. The previous record …

Paradox Interactive has released its end of year report for 2016 and the Swedish games publisher is in rude health. Revenue for Q4 increased by 56 per cent year-on-year, reaching 198.4m Swedish Krona [17.8m], while operating profit for Q4 increased by 96 per cent year-on-year, reaching 85.9m Swedish Krona [7.7m]. …

A Russian investment firm known as Strongbow Investments has purchased the M19 League of Legends team.  The squad was previously known as Albus NoX Luna and managed to place in the top eight at Worlds last year, becoming the best performing wildcard region team ever.  This new investment sees them …

Maker Studios, a division of Disney, has severed ties with YouTuber PewDiePie after he posted a video with anti-Semitic remarks. That’s according to The Wall Street Journal, who contacted Disney yesterday about the video in question. The video was originally posted on January 11th, and featured two men laughing as …