Iconic Arts raises $3.1M to create original properties for games and Hollywood
Iconic Arts, a new Los Angeles transmedia entertainment studio, has raised $3.1 million to create original properties for games and Hollywood. And it will...
EA misses targets and offers weak forecasts for annual bookings (updated)
Video game publisher Electronic Arts forecasted full-year bookings for the coming year that fell below Wall Street’s expectations. The company’s forecast fell short of...
Nintendo forecasts 19.3% sales drop for fiscal 2025
Even Nintendo has been affected by the slowdown in gaming. The Kyoto, Japan-based company expects sales to fall 19.3% and earnings to fall 38.9%...
Brazil’s president signs into law legal framework for digital games industry in Brazil
Brazilian President Luis Inácio Lula da Silva signed into law the legal framework for the electronic games industry in Brazil. The project establishes legal...
Skybound adds two top execs to lead entertainment expansion
Skybound Entertainment, the creator of mega-hit franchises like The Walking Dead and Invincible, has expanded its management team with two new additions. Gregg Sulak,...
Roblox opens immersive video ad format to all advertisers
The Roblox Corporation announced today that its video ads are opening up for all advertisers who wish to join. This allows brands to publish...
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%. Just...
Griffin Gaming Partners appoints Emily Wang as COO
Griffin Gaming Partners announced today that it has welcomed Emily Wang as a Partner and the Chief Operating Officer. As part of her new...
Web3 game startup GFAL raises $3.3M from Supercell and Mitch Lasky
Web3 game startup GFAL has raised $3.2 million in a seed funding round from investors including Supercell and Mitch Lasky among others. Barcelona-based GFAL...
GEM Capital adds AppMagic, Mundfish, Pixonic CEOs as investment advisors
GEM Capital announced today that it is adding three new advisors to its investment fund: Robert Bargratuni, CEO of Mundfish; Philipp Gladkov, former CEO...
