Stocks
Playtika investor confidence grows despite recent financials
Estimations of the company's stock have risen since their most recent financial release
Ever Crisis
Final Fantasy VII: Ever Crisis gets September 7 release date
The game finally approaches launch following a successful beta
Mobile Monetisation
Take-Two CEO Strauss Zelnick wants to monetise 100% of its audience
The company is currently monetising only 10% of its players
July In Review
July 2023 was a massive month for new releases and crossovers
GameRefinery analyses the performance of the mobile gaming market throughout the month
Financials
East Side Games sees revenue slide by 32% in first quarter 2023 financials
The dip echoes wider financial shocks across the mobile gaming market in recent financials
Investment
Krafton commits to massive $150m investment in Indian startups
The deal indicates the company’s renewed commitment to what has been a turbulent market for them
Chinese Restrictions
China’s game restrictions aren't working
A new study by Nature Human Behaviour has found that players are willing and able to circumvent restrictions
Milestones
Indian-made battle royale title Battle Stars passes five million players
The title is being developed by SuperGaming, the company behind the hotly anticipated Indus
Tech Investment
Telltale power up their storytelling skills with Flavourworks acquisition
The UK company's unique video technology will become part of Telltale's future projects
Birds Of A Feather
Sega to finalise Rovio acquisition next week
Sonic and Angry Birds to be one big family as Sega takes 96.3% of shares
Name Change
Golf Club: Wasteland forced to change name four years after launch
The studio hasn’t yet made it clear how the dispute arose or with who
Apple Vs Epic
The US Supreme Court sides with Apple in its ongoing battle with Epic
The court has decided to block a federal injunction that would have forced Apple to change its payment practices
Financials
NCSoft financials show almost 75% drop in profit year-on-year
The majority of the company’s revenue comes from mobile games
Partnership
Xsolla partners with AppsFlyer to streamline cross-platform data-driven insights
The companies are combining forces in order to better serve their clients
Hybrid Monetisation
In-app purchases are up on both iOS and Android
Tenjin’s latest report highlights a shift towards hybrid monetisation
New Release
Tilting Point and AN Games announce new Avatar: The Last Airbender game
The new mobile game will be launching in 2024
Financials
Applovin financials see rise driven by new AI investments but declining revenue for apps
The company’s non-gaming related business is on the up even as apps falter
Nexon Financials
Nexon celebrates 12% year-on-year increase in revenue in 2023’s second quarter
However, the company’s net income decreased 7% over the same period
Sensor Tower Report
37 of July's top 100 mobile game publishers came from China
Chinese publishers accounted for nearly $2 billion for the month
Regulations
China’s game licencing system to be extended to all mobile applications
Companies will need to either have a branch in China or work with Chinese companies in order to publish apps
Moving To Mobile
Dana White’s Power Slap is coming to mobile courtesy of Zynga
The “sport”, connected to numerous health concerns, will receive a mobile adaptation from developer Rollic
Krafton Financials
Krafton's latest figures show 28% decline from record first quarter 2023
The company generated $294.2 million in the second quarter of 2023
Roblox Financials
Roblox hit a record $680.8 million in revenue in the second quarter of 2023
The figure represents a 15% year-on-year increase from $591.2 million
Subscriptions
Netflix goes big screen with game controller app on mobile
The app doesn’t yet have any games available, but we can hazard a guess from leaks earlier this year
Release
Netspeak takes Sunshine Days cross-platform with PC debut and planned creator mode
The new PC version will also see the introduction of a “Creator mode” which will also come to mobile
Rumours
Are Silent Hill and Metal Gear coming back to mobile?
Konami’s latest financial report hints at new mobile games for two of its biggest franchises
Financials
Sony sees 6.8% drop in income for games but a rise in sales
Games income increased by 167bn yen despite other slim financial results
Financials
Mobile now accounts for 53% of Take-Two’s revenue
One year on from its acquisition of Zynga mobile dominates Take-Two’s Q! 2023-2024 financial report
Financials
Playtika latest results show decreases in revenue & paying users
The company previously halted all further development on new titles in favour of concentrating on their existing portfolio
Job News
Sandsoft appoints Ahmed Sharif as CTO
Sharif previously held the role of head of VR, AR, metaverse automation and platform engineering at Meta
On The Right Track
Honkai: Star Rail races to $500 million in worldwide sales
The game has pushed miHoYo to second place in global game publisher sales rankings
Financial Fuel
Konami’s profits back on track with 22% rise in quarter one
Video games account for the most profit, but not the biggest proportional rise
Collaborations
Subway Surfers to mobilise players in conservation efforts
Sybo has also donated a fixed amount of $25,000 to various efforts
Mindful Of Mental Health
79% of devs are increasingly pressured to release unfinished games
New data from Sauce Labs reveals the state of play from the game dev frontlines with staff exposed to bullying and threats online
Pokemon Presents
Pokémon Presents provides updates on five Pokémon mobile games
Whether you’re in bed or on the go, there’s a mobile game for everyone
Investment Opportunities
Discover your next great investment opportunity at PG Connects Helsinki this September 12-13
Book your ticket to PG Connects Helsinki today to find your dream investment partner and save with our fantastic Mid-term offer!
Scopely X Flexion
Scopely is bringing more of its titles to alternative app stores with Flexion
Monopoly GO! is available on alternative app stores already, with Stumble Guys coming soon
Investment
Japanese mobile entertainment company Mixi to invest $50m in Indian market
The money will be issues as part of their corporate venture capital
Major Milestone
Nekki celebrates 20 years of mobile gaming innovation after surpassing one billion installs
95 percent of installs are organic
Nintendo Numbers
Nintendo's mobile future unclear despite “tripled” revenue
The latest financial report muddies the waters by including LEGO and The Super Mario Bros. Movie in the same financial category…
Mega Mobile
Mobile is gaming’s strongest platform in a market set generate $187.7 billion this year
Newzoo's 2023 Global Games Market Report expects mobile games to generate $92.6 billion
Investment
Studio Billion receives undisclosed investment in pre-series A bridge round
WePlay Ventures, Aura B4YO Fund and Lima Ventures make another major investment in the Turkish market
Releases
My.Games to launch Little Big Robots in every region but China
The new mobile shooter is the third title in the successful War Robots franchise
Major Milestone
InnoGames' Forge of Empires surpasses $1 billion in lifetime revenue
Forge of Empires is responsible for half of all revenues
Jobs News
August's Mobile Movers and Shakers: Damian Burns leaves Twitch plus new hires for Epic Games, FunPlus, Newzoo and more
August has already seen some significant moves by some of the industry's biggest company's - here's the highlights from the last week
Pokemon Go
Pokemon Go is the USA’s fourth most downloaded mobile game of all time
Seven years on the game remains a smash hit worldwide with 168 million downloads
Financials
Square Enix’ new titles fail to offset weak performance from existing catalogue
New financials show that the launch of Dragon Quest Champions failed to boost their mobile performance any higher than in the previous year
Collaboration
Drest announces new collaboration with Copenhagen Fashion Week
The collaboration will highlight the designers taking part in the event
Genre Report
Arena and adventure games are set to exceed $4.7 billion in revenue in 2023
The post-apocalyptic genre saw a significant surge in downloads
Subscription Success
Paid subscriptions redeem Apple’s Q3 after hardware sales fall
Apple’s Q3 2023 sees 1% revenue fall but surpasses 1 billion paid subscriptions