Tag: Financials

5thplanet
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14165

5th Planet Games Secures $3 Million in Funding

Mobile game developer, 5th Planet games, has secured $3 million its first funding round. The round was led by DCA Capital Partners and included investment from Moneta Ventures. The California-based develops both collectible-card and role-playing games for mobile and the web. They will

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curse
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15383

Curse Secures $16 Million in Funding

Curse, the online community for core gamers, has secured $10 million in round B funding and a further $6 million in debt funding. GGV Capital led the funding round while the $6million debt funding came from Multiplier Capital. This brings total funding raised by the company so far to

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games
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46572

US Gamers Spend $1.46 Billion in May

According to the NPD Group, US gamers spent a total of $1.46 billion on gaming hardware and software during May, with roughly half of this coming from digital game sales. New retail sales accounted for $586 million while $124 million was spent on used and rented game titles. Sales of

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uk
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28311

Video Games Industry Contributed £1.02bn to UK GDP in 2013

According to The Independent Games Developers Association (TIGA), the video games industry contributed £1.02bn (€1.3bn, $1.7bn) to the UK economy last year. This is an increase from £947m in 2012 and resulted in  £419m in tax revenues for the Treasury. Employment in the sector has hit

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flaregames
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16673

Flaregames Raises $12.2 Million to Expand Free-to-Play Portfolio

mariocart
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16375

Mario Kart 8 Sells over 1.2 Million Copies in its First Weekend

glu
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16447

Glu Mobile Seeking to Raise $30 million With Stock Offering

outplay
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16490

Mobile Developer Outlay Raises $5 Million

04
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16335

EA Revenue Hits $1.12 billion for Q1 2014; $491 From Digital

king
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15971

King Posts Revenues of $608 for Q1 2014

rovio
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17658

Rovio Profits Halved to €26.9 Million in 2013

perfect world
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12404

Perfect World to Purchase 30 Million Shares in Shanda Interactive

titanfall
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6502

Hardcore Titles Drive Digital Game Spend Up in March

ccp
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7810

Eve Online Developer CCP Posts a Loss of $21 million

clash
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1081

US Mobile Games Market Makes 247 Companies More Than $1M a Year

industrial-toys
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1213

Bungie Founder’s Mobile Studio Secures $5 Million in Funding

tencent
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1187

China’s Tencent to Invest $500 Million in CJ Games

gamestop
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1227

Gamestop Profits Down Despite Strong Console Sales

king
0
1228

King to Make its Debut on the New York Stock Exchange Tomorrow

micecraft
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1269

Minecraft Continues to Rake in Revenue for Mojang

funplus
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1217

China’s FunPlus Raises a Round of $74 Million to Expand Worldwide

nextgames
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926

Finland’s Next Games Raises $6 Million in Funding

12
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1272

Perfect World Full-Year Revenues up 10%

omnidrone
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1039

Mobile Developer Omnidrone Rasies $2 Million

kickstarter
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701

Kickstarter Reaches $1 Billion in Pledges with Games as the Biggest Category

whale
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626

Half of All In-App Game Revenue Generated by 0.15% of Gamers

king
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3513

King Aim to Raise $500 Million in IPO

gamevil
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1051

Gamevil Post Revenues of $76.4 million for 2013 as Overseas Sales Grow

blizzard
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1146

Activision Reports Revenues of %1.5 Billion for Q4 2013; WoW Subscribers Increase

09
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1036

Grand Theft Auto 5 Has Shipped 32.5 Million Units