Homa Games raises $15 million to make hypercasual mobile games
France’s Homa Games has raised $15 million to enhance its factory for building hypercasual mobile games. The seed round is a big one for...
Game industry’s TV ad spend drops in January
As you’d expect after the holiday season, gaming brands pulled back from TV advertising in January to the tune of a 60% decrease in...
The DeanBeat: Measuring the froth of the game industry
Merger mania has come to games, and a big window is open for public offerings in the stock market. That translates to a historic...
Wildlife Studios opens Never Forget Games studio in San Francisco
Game developers and other professionals have reportedly been leaving San Francisco during the pandemic. But Brazil’s Wildlife Studios has taken a contrarian stand, as it...
Sonic is getting his own Lego set
Mario may have been first, but Sonic isn’t lagging far behind. Sega’s famous hedgehog is getting his own Lego set. This is actually thanks...
Candivore raises $12 million to boost Match Masters puzzle game
Candivore has raised $12 million to fund growth for the company’s games such as Match Masters, a mobile match-3 puzzler. The mobile game combines...
PlayStation launches used to lose money — but with PS5, Sony is expecting its best year ever
If you look back at the history of profits for Sony’s PlayStation division, you can see a clear cycle. PlayStation makes the most money...
Randy Pitchford: The magic behind Gearbox’s merger with Embracer Group
Gearbox Entertainment CEO Randy Pitchford said that selling his company to Embracer Group for up to $1.3 billion in cash and stock will be...
Sony is selling PlayStation 5 hardware at a loss
The PlayStation 5 is off to a fast start for Sony Interactive Entertainment. The company reported its first quarterly financial results since launching PS5...
Sony sold 4.5 million PlayStation 5 consoles in holiday quarter
Sony said in its earnings report today that it sold 4.5 million PlayStation 5 consoles in the holiday quarter ended December 31. In the...