Game industry business news

Miniclip moves to console publishing with MX Nitro, but mobile’s still ‘extremely healthy’

After 15 years of publishing games on the web and mobile, Miniclip is now entering the console market. MCV speaks to CEO Rob Small (pictured) to find out more: The games industry has changed a lot since 2001. PlayStation 2 was little more than a year old; the first Xbox was …

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2D Zelda ‘definitely a possibility’ on Switch, says Aonuma

With the Nintendo Switch capable of producing huge 3D worlds, it looked like the days of the publisher’s 2D Zelda titles might be numbered. However, in a new interview with Game Informer, series producer Eiji Aonuma has said that a 2D Zelda for Switch is "definitely a possibility." The handheld …

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eSports economy to hit $1.5 billion by 2020 according to Newzoo

Newzoo, the firm that predicts all things eSports, has released a new report that states the eSports economy will break $1.5 billion by 2020.  The report suggests that this year alone revenue in eSports will hit $696 million, with further brand investment pushing the economy to $1.5 billion in three …

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US game software sales exceeded over $24.5bn in 2016, says ESA

US video game software sales exceeded $24.5bn in 2016, says the ESA in its latest Video Games in the 21st Century: The 2017 Report, showing a growth of 48.5 per cent year on year. In 2015, the industry grew just 7.1 per cent year-on-year, reaching $16.5bn. It’s not just software …

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Report: Layoffs at Activision’s Infinity Ward and Beenox studios

Despite an impressive financial performance for the last quarter, publisher Activision Blizzard appears to be making job cuts at some of its studios. Kotaku reports that layoffs are occurring at Call of Duty: Infinite Warfare developer Infinity Ward, as well as Modern Warfare: Remastered makers Beenox. That’s on top of …

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UPDATED: Humble Freedom Bundle raises over $3m in 24 hours

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 …

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YouTube cancels Scare PewDiePie premium show

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 …

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DingIt TV launches Level Up Media, with two new sites coming later this year

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 …

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Rebellion to licence 2000 AD comic to external developers

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 …

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Merchandise sector still ‘finding its feet’, says GM UK

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 …

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