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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...
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...
Coachella Is Coming To Fortnite
The Verge reports: "Fortnite is adding Coachella to its long, long (long) list of in-game collaborations. The annual music festival announced today that it’s...
Hasbro Buys D&D Beyond for $146.3M In Gaming Expansion
The Hollywood Reporter reports: "Hasbro has purchased D&D Beyond, the game companion for the toy giant’s fantasy franchise Dungeons & Dragons, from Fandom for...
Cocos Technology Raises $50 Million to Further Its Open-Source Game Engine
Gamesindustry.biz reports: "Funds to go towards improving the technology behind Cocos Creator, as well as advance its use beyond games. The company also aims...
Eden Games Acquired by Blockchain Company
Gamesindustry.biz reports: "24-year-old racing studio to make blockchain-based racing games and makegoods for shuttered F1 game NFT holders. Eden Games has been acquired by...
