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Chinese market declines for first time in ten years

Game revenues down 1.8% year-over-year following publisher freeze and ongoing restrictions

By Danielle Partis

ESA revenue dropped $10 million in E3 2020's absence

Trade body's takings fell 25% year-on-year as pandemic impacted the industry

By James Batchelor

Ubisoft sales down 9.8% in Q1 2022

Update: Company posts decreases in earnings, cancels four titles, delays Avatar to 2023

By Danielle Partis

Latest Financial articles

Faze Clan goes live on NASDAQ

Gaming brand announced its intent to float last year following merger with SPAC

PC market experiences "sharpest decline in nine years"

Shipments were down 12.6% year-on-year during Q2 2022

By Marie Dealessandri

NetEase invests "several million dollars" in Polish VR studio

Lodz-based Something Random is to release its debut title in 2023

By Marie Dealessandri

Diablo Immortal's first month earnings near $50m

Spending peaked on Day 10 with Blizzard earning $2.4 million, 30-day downloads reached 10 million

By James Batchelor

Analysts: “The games industry is not going anywhere” in the face of a recession

The business of video games is expected to show resilience in the event of an economic downturn, although some areas will feel the effects

By James Batchelor

Former Supercell devs raise $5m for new studio Bit Odd

Finnish studio aims to develop games "not based on data but on feeling"

By Marie Dealessandri

Ubisoft CEO Yves Guillemot takes 30% pay cut

Company still at "high risk" of losing talent, but gender balance slowly improving

By Marie Dealessandri

Zordix: "Despite challenges and effort surrounding M&A, the risk still proves worth the reward"

The company's CEO, Christina Seelye, tells us why you should consider merger and acquisition activity

By Alex Calvin

Bright Gambit reveals first round of funded games

Five titles were selected by the indie fund that launched earlier this year

By Marie Dealessandri

Net profit at The Pokémon Company up 123% year-on-year

The Japanese firm saw its sales rise 70% over the last fiscal year

By Marie Dealessandri

Supercell acquires majority stake in Trailmix

The mobile giant has invested $60 million in the London studio

By Marie Dealessandri

Is there an end in sight for the industry's merger mania? | Opinion

Enormously expensive acquisitions of industry giants have become commonplace in recent years -- but economic factors may be about to stamp on the brakes.

By Rob Fahey

Next-gen Cyberpunk 2077 doubles CD Projekt's Q1 profits

PlayStation version accounted for majority of post-update sales, studio now primarily focused on story expansion

By James Batchelor

Belgian government introducing tax shelter for games by 2023

Long-awaited tax incentive offers returns to investors and make it easier for studios to fund their games

By James Batchelor

Firestoke raises $2.2m in seed funding

New UK publisher aims to expand portfolio and grow team ahead of first launches

By Danielle Partis

Take-Two completes Zynga acquisition

Deal closed May 23, mobile firm officially a subsidiary of publishing giant

By Danielle Partis

Ubisoft reportedly unlikely to sell for less than €60 per share

Some shareholders are said to be holding out until the Assassin's Creed publisher's stock reaches €100

By James Batchelor

EA reportedly had acquisition talks with NBCUniversal, Amazon, Apple, Disney

The FIFA publisher has been "persistent in pursuing a sale" in recent years, sources reported

By Marie Dealessandri

Games account for 32% of Tencent's $21.3bn Q1 revenues

Profits are down, execs expect slow approvals from Chinese game regulators to continue

By James Batchelor

Thunderful sees 85% drop in operating profits, but revenues are up

Swedish publisher describes Q1 as a “weak first quarter with positive signals”

By Danielle Partis

Skybound Entertainment secures fresh investment from Hiro Capital, Knollwood Advisory and more

Walking Dead IP holder also adds industry veteran Ian Livingstone to its board of directors

By James Batchelor

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