Swedish media company Modern Times Group (MTG) has acquired games portal Kongregate from GameStop. The US retailer acquired the company in 2010, but has now parted ways with a payment of $55m. Kongregate currently boasts around 14m monthly active users across its extensive library. It employs around 80 people. MTG …

The new acquisition joins InnoGames in MTG's growing gaming portfolio

When Twitch announced in March it was going to sell games and give creators and developers the chance to earn a cut of each sale, the industry wasn’t sure what to make of it – though a potential competitor for Steam looked to be a major positive. While the platform …

Consumers are now able to buy the HTV Vive at more US retailers than ever before. The company has announced a large online retail expansion” that sees the virtual reality hardware become available from BestBuy.com, Walmart.com, Jet.com and B&H. These retailers mark a massive expansion of our online retail presence …

One the most unexpected announcements of this year’s E3 was undoubtedly Ubisoft’s ambitious new toys-to-life title. At a time when some have described the sector as being doomed, with only Lego Dimensions bucking that trend, it’s a very brave move to be launching a toys-to-life title. But with Starlink: Battle …

After a relatively quiet week at Japanese retail, Mario Kart 8 Deluxe is back at the top of Japan’s weekly charts, according to the latest numbers from Famitsu. The title had been inched out of the number one spot for a couple of weeks following the launch of Nihon Falcom’s …

E3 press conferences were once littered with titles that wouldn’t see retailers’ shelves for years. But there looks to be a new sense of immediacy spreading across these events and the industry as a whole – and publishers are keen to point this out to consumers. Bethesda was a key …

GAME has announced a second season for its Belong centres’ Arena Clash tournaments. Taking place in stores nationwide this summer, gamers will compete for a range of prizes in Call of Duty: Infinite Warfare, Overwatch and League of Legends. Registrations for the second round of Arena Clash open this Friday, …

The Sony console has surpassed the SNES in the all time list

Total global sales of the PS4 console have now reached more than 60.4m units”. That number is accurate as of June 11th 2017. PS4 software sales have hit 487.8m, again as of the same date. This includes both physical copies sold at retail and digital purchases made through PSN. Sony …