Paradox Interactive acquires 33% of Blacklight developer Hardsuit Labs

hardsuit labsjpg Paradox Interactive acquires 33% of Blacklight developer Hardsuit Labs

Swedish publisher, Paradox Interactive, today announced that it had acquired a third of current Blacklight Retribution developer Hardsuit Labs – based in Seattle. The acquisition set the company back $2m – valuing the company at $6m. Paradox also has an option to increase its ownership in the future. Hardsuit Labs …

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BELONG arenas and competitive gaming events grow for GAME

pc150209jpg BELONG arenas and competitive gaming events grow for GAME

GAME’s initiative to install gaming arenas in some of its stores looks to be going well based on recent figures. GAME just announced that the arenas clocked up 155,000 hours of play in the 23 weeks leading up to the 6th of January. That’s a utilisation level of 28.2 per …

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Margot James appointed as Minister for Digital and Creative Industries

margot james 16 9jpg Margot James appointed as Minister for Digital and Creative Industries

The games industry has a new key minister of state. Margot James has been appointed as Minister for Digital and Creative Industries, following a wider government reshuffle. James previously was Minister for Small Business, Consumers and Corporate Responsibility at the Department for Business, Energy and Industrial Strategy for two years. …

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GAME’s UK Christmas takings up 2.9% thanks to Switch, VR and Xbox One X

Christmas 2017 was undoubtedly a happier period than last year. GAME today reported that its GTV figure (Gross Transaction Value) over the peak trading period (1st November to 6th of January) was up by 2.9 per cent. Something it attributed to a stronger hardware lineup and superior games. Martyn Gibbs, …

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Video games crowdfunding estimated to bring in $25m in 2017

maxresdefaultjpg Video games crowdfunding estimated to bring in $25m in 2017

Figures from Ico Partners have shown that the video games crowdfunding market has dipped by less than two per cent in 2017. Ico’s chief Thomas Bidaux has said that the firms estimates point to around $25m being raised by video game crowdfunding in 2018 in a piece for PCGamesInsider.biz, with …

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Dragon Ball FighterZ tournament at Stamford Bridge to celebrate title’s launch

public dbfz invitejpg Dragon Ball FighterZ tournament at Stamford Bridge to celebrate title's launch

Bandai Namco will celebrate the launch of its upcoming fighting game with a public event at Chelsea’s stadium in West London. The date is set for the 26th of January and the event will run from 12pm till 10pm – with tournament check in starting at 4pm. Attendees will also …

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