Latin American virtual goods business to hit $517M in 2012
Latin America’s virtual goods market is expected to grow to $517 million in revenues by 2012, according to a market study by SuperData Research...
Visa approves this transaction: PlaySpan for $190M
Visa has agreed to buy virtual goods company PlaySpan for $190 million in a big move into the market for digital goods. PlaySpan enables...
Virtual goods and prepaid game card sales show steep rise on Black Friday (exclusive)
Sales of virtual goods and prepaid game cards grew steeply on Black Friday and the Thanksgiving weekend compared to a year ago. That means...
Virtual goods sales are overtaking ad revenues on the iPhone
Virtual goods are becoming pretty real on the iPhone. Revenue from the sale of virtual goods is now overtaking ad revenue on the iPhone,...
PlaySpan launches game e-commerce and payments platform as a service
PlaySpan is turning itself into a one-stop shop for e-commerce and payments for online games, social networks, and video sites. Today, the company is...
U.S. virtual goods market to hit $2.1 billion in 2011
Are your friends loading up on tractor fuel in FarmVille, the most popular social game on Facebook? If so, you might understand this prediction:...
Adknowledge unveils three ways to make money in online games and apps
Social games are the rage these days, but making money from them isn’t easy. Gamers play these titles for free, but Adknowledge is figuring...
One in five Americans plays games on social networks
About 20 percent of the U.S. population has played a game on a social network in the past three months, according to market researcher...
Mixamo bets video game players will pay money for virtual motion
Virtual goods have become a runaway industry as gamers the world over show they’re willing to pay real money for virtual room decorations, pets,...
PlaySpan raises $18M from Vodafone and SoftBank for virtual goods platform
Someday, it may be better to be in the virtual goods business than the real goods business. PlaySpan is demonstrating that as it announces...