Tencent grabs 5% stake in Paradox

Chinese gaming giant Tencent has spent around 14.3m to acquire a five per cent share of Paradox Interactive. The deal values the company at approximately 286m. Paradox CEO Fredrik Wester stays on as a key shareholder with a 33.3 per cent share of the company. Investment firm Splitan owns 30.5 …

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Total War: Warhammer breaks series records

Creative Assembly’s latest strategy release has broken a Total War sales record. Total War: Warhammer, published by Sega, has since its release earlier this week racked up sales of over half a million units, making it the fastest ever selling title in the franchise. Total War: Warhammer has already proven …

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Big Ant announces Don Bradman Cricket 17

Developer Big Ant Studios has revealed a new entry in its popular cricket series, which is set for a December release. Don Bradman Cricket 17 is coming to PlayStation 4, Xbox One and PC. The studio says that this title will feature a new lighting system, as well as photo-realistic …

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The Crew welcomes its five millionth player

Ubisoft’s racing outing The Crew continues to expand its audience, even well over a year after its release. The game has now hit 5m registered players (which is not quite the same as sales). The publisher has said that everyone who logs in on May 28th will be handed 50,000 …

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$6.3m investment brings Funcom ‘back on track’

Troubled MMO developer Funcom has been bailed out of negative equity by an injection of investment money. The LEGO Minifigures Online, Age of Conan and The Secret World creator had previously been sat at –$10m, which has now been reversed to +$4m thanks to $6.3m in private placement investment. The …

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