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Esports Projected to Generate $1.38bn in Revenue During the Year

Gamesindustry.biz reports: "Today Newzoo released its 2022 Global Esports & Live Streaming Market Report, which projects that esports will generate $1.38 billion in global...

Zynga Hires Former MySpace CEO Owen Van Natta

San Francisco - Social games developer Zynga has hired former MySpace CEO Owen Van Natta as executive vice president of business operations. Van Natta served at...

Online Game Developer StudioEX Lands $1.9 Million

Los Angeles - Camelot Media Investments Group, the parent company of online game developer StudioEX, has raised $1.9 million in new venture capital financing, TechCrunch reported. Details...

Over Half of Chinese Consumers Prefer Free-To-Play or Ad-Monetized Games Over...

gamesindustry.biz reports: "Over half of Chinese consumers prefer free-to-play or ad-funded games over premium titles. That's according to research commissioned by Mintegral, an AI-driven,...

Ubisoft Debuts Uplay+ Game Subscription Service for Windows

VentureBeat reports: "Ubisoft announced that its Uplay+ video game subscription service is now available for Windows PCs for $15 a month. The service has...

WGA Drops Video Game Award Category

gamesindustry.biz reports: "The Writers Guild of America will not hand out an award for video game writing next year, USgamer is reporting. "There won't...

Take-Two president “highly skeptical” about games subscriptions

Gamesindustry.biz reports: "The president of Grand Theft Auto and NBA 2K publisher Take-Two Interactive doubts that subscriptions are due to dramatically transform the games...

Singularity 6 raises $30m to fund debut MMO game

Gamesindustry.biz reports: "Los Angeles-based developer Singularity 6 has raised $30 million in a series B financing round. The round was led by FunPlus Ventures,...

Sony Faces Class Action Over Move to Nix Linux on PS3s

Los Angeles - A class action lawsuit has been filed against Sony (NYSE: SNE), over its intention to disable the ability of PlayStation 3 owners to run...

Broken Switch Studios Lands Funding, Releases Game

Riverdale, Md. - Video game developer Broken Switch Studios said on Wednesday it has raised an unspecified amount of funding from Stanford Venture Advisors. The...