Archive

Highlights Nintendo announces the Nintendo Switch (OLED model) (link) A brand-new trailer from Nintendo has revealed the latest iteration of the Switch platform, known as the Nintendo Switch (OLED model), with a launch slated for this ...

M&A and Capital Raising WinZO raises $65M to scale social interactive entertainment platform (link) Griffin Gaming Partners led the round Indian social entertainment platform WinZO will use the funds to accelerate its growth in the Indian Interactive ...

M&A and Capital Raising Electronic Arts acquires Playdemic from AT&T for $1.4B (link) LionTree served as exclusive financial advisor to AT&T / Playdemic Electronic Arts has acquired Playdemic from AT&T for $1.4B in cash Founded in 2010, ...

Highlights Mobile gaming downloads and spending rose 30% and 40% in Q1 2021, respectively, according to App Annie/IDC (link) App Annie and IDC’s Gaming Spotlight report claims that consumers spent $1.7B per week in mobile in ...

Highlights Netmarble releases FQ1 2021 earnings (link) Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY North America accounted for 36% of the revenue, with ...

Highlights Netmarble releases FQ1 2021 earnings (link) Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY North America accounted for 36% of the revenue, with ...

Highlights Netmarble releases FQ1 2021 earnings (link) Netmarble generated $512M in revenue representing a 7% increase YoY and $56M of net profit representing an 8% increase YoY North America accounted for 36% of the revenue, with ...

Highlights TTWO Reports FQ4 2021 Earnings (link) TTWO reported FQ4 2021 net bookings that exceeded expectations Reported FQ4 2021 net bookings of $785M, representing an 8% increase YoY and exceeding prior outlook ($602M - $652M) and consensus ...

Highlights AppLovin Reports FQ1 2021 Earnings (link) FQ1 2021 Results Reported FQ1 2021 total revenue of $604M, representing a 132% increase YoY, and exceeding consensus of $557M Reported FQ1 2021 adj. EBITDA $131M, representing a 110% ...

Highlights Activision Blizzard Reports Q1 2021 Earnings (link) ATVI reported increased YoY revenue during FQ1 2021, and strong growth in its core franchises Reported FQ1 2021 revenue ex-deferrals of $2,066M representing a 36% increase YoY, ...