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Hasbro Posts Quarterly Loss as Pandemic Hits eOne

The Hollywood Reporter reports: "Toy giant Hasbro on Monday posted second-quarter financial results that missed Wall Street forecasts for earnings and revenue as the...

Gaming: Music’s Next Big Play

Billboard reports: "The pandemic means there are no concerts or festivals — unless you count the 12.3 million concurrent viewers who turned up for...

Apple defends its controlled ecosystem in the face of antitrust investigation

Gamesindustry.biz reports: "Apple has responded to complaints about its App Store ecosystem, emphasizing that its rules and policies are in line with those of...

Mobalytics raises $11.25 million for gaming assistant for hardcore players

VentureBeat reports: "Mobalytics has raised $11.25 million for its gaming assistant platform, which offers an automated way to coach millions of wannabe pro gamers...

Twitch launches a new sports category as Amazon pushes for sports...

The Verge reports: "Twitch has gradually become a key place to watch live sports and content over the past year, and Amazon is now...

Nintendo isn’t throwing in the towel on mobile just yet

Gamesindustry.biz reports: "Despite a seeming wane in interest in its mobile business, Nintendo is telling shareholders at least that it's not out of the...

US video game spending hit a 10-year high in June

The Verge reports: "Video game spending in the US reached its highest point since 2010, according to a new NPD Group report, with sales...

Nexon shuts down its Orange County game studio

VentureBeat reports: "Nexon has shut down its game studio in Orange County, California, the company confirmed following chatter on social media." Read more

Drive-In Esports Arenas Being Developed in Four U.S. Cities

The Hollywood Reporter reports: "Drive-in esports arenas may soon be the latest attraction. Real estate investment company Horizon Group Properties has partnered with esports...

Carbonated raises $8.5m in seed funding

Gamesindustry.biz reports: "Five years after its founding, Carbonated Games has raised some seed funding. The El Segundo, California-based studio today announced that it has...