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M&A Deals in Q1 Reached $98.7bn

Gamesindustry.biz reports: "Consolidation in the games industry reached record highs in the first quarter of 2022, nearing almost $100 billion. Between January and March,...

Probably Monsters Raises $200M in Series A

Gamesindustry.biz reports: "Games company Probably Monsters has raised $200 million in a round of Series A funding to fuel multiple AAA projects under its...

Tower 26 Venture Fund Will Invest $50M in VR Games and...

VentureBeat reports: "Veteran game investor Jon Goldman has raised a $50 million venture capital fund dubbed Tower 26 to invest in extended reality startups....

​​How A Game Development Company Wants to Support the Future of...

Digiday reports: "As game developers realize the marketing potential of individual content creators, they are investing in programs and platforms to help creators turn...

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...

How Roblox’s Layered Clothing Makes the Virtual World Feel More Real...

Digiday reports: "Digital clothing has long been a cornerstone for Roblox's virtual economy, but the platform's new Layered Clothing feature allows users to design...

Microsoft is Reportedly Looking to Bring Ads to Free-to-Play Xbox Games

TechCrunch reports: "Microsoft is reportedly creating an ad program that will allow brands to advertise in free-to-play Xbox games, according to a report from...

Coherence Raises $8 Million For Its Multiplayer Tech

Gamesindustry.biz reports: "Coherence has raised $8 million to further its technology aiming to democratise multiplayer development. The funding round was led by Griffin Gaming...

Subscriptions Are The Future, But Nobody Agrees On The Details

Gamesindustry.biz reports: "A broad consensus seems to be building around the idea that the industry is transitioning towards a more subscription-based business model --...

Amazon+ Kids Subscription Service Launches Its First Original Mobile Games

TechCrunch reports: "Amazon today announced two new kid-friendly mobile games for its subscription-based entertainment platform Amazon Kids+, a $2.99 per month service that provides...