Money

minecraft

Microsoft Buys ‘Minecraft’ for $2.5 Billion but Founders Will Leave

Mojang Team to Join Microsoft Studios, but Top Executives Plan to Leave for New Projects Microsoft Corp. MSFT -0.87%  agreed to buy the company behind the hit videogame “Minecraft” for $2.5 billion, but the startup’s founders and top executives won’t be joining the software giant. The deal for Mojang AB will give Microsoft an asset

minecraft

Microsoft Buys ‘Minecraft’ for $2.5 Billion but Founders Will Leave

Mojang Team to Join Microsoft Studios, but Top Executives Plan to Leave for New Projects Microsoft Corp. MSFT -0.87%  agreed to buy the company behind the hit videogame “Minecraft” for $2.5 billion, but the startup’s founders and top executives won’t be joining the software giant. The deal for Mojang AB will give Microsoft an asset

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Game Makers’ Valuations: Comparing Mojang, King and Supercell

More than two billion U.S. dollars. That’s the amount of money Microsoft Corp. MSFT +0.34% (MSFT) is reportedly willing to fork out for the Swedish video game developer Mojang AB. It’s the latest example of sky-high valuations pegged on young companies that own hot software properties—and just as importantly, tens of millions of young users—in

Technology

Unity Announces Expanded Oculus Rift Support

In a post on Unity’s website, CEO David Helgason announced free add-on support for Oculus Rift development: “More awesome news today as Brendan Iribe, during his Oculus Connect conference keynote, announced that our two companies have extended our partnership in order to ensure that Unity is available for all of our development community. That means

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Oculus Connect

Virtual reality is more than just video games for Palmer Luckey (Q&A)

The founder of Oculus and mind behind the modern VR movement is enthusiastic about his industry’s burgeoning prospects, but sees challenges too. Palmer Luckey is on top of the world. He just wrapped up the first conference devoted to the virtual reality headset he helped invent and the company he helped found: Oculus VR. Developers

GBR Videos

major nelson

Xbox One launching in 29 new markets this month, including China

September is going to be a huge month for Xbox One, and I’m not just talking in terms of game releases. This month alone, Microsoft’s all-in-one entertainment machine will launch in 29 additional markets including Japan, Belgium, Russia and, perhaps the most noteworthy, China. The Xbox One’s release in China will mark the first time

major nelson

Xbox One launching in 29 new markets this month, including China

September is going to be a huge month for Xbox One, and I’m not just talking in terms of game releases. This month alone, Microsoft’s all-in-one entertainment machine will launch in 29 additional markets including Japan, Belgium, Russia and, perhaps the most noteworthy, China. The Xbox One’s release in China will mark the first time

Events

GDC Header

GDC Next 2014 Game Discovery Survey Reveals That Developers See First Parties and YouTube Personalities as Most Effective Platforms for Publicity

Survey Also Tracks Shifting Developer Preference Away from Traditional Media, Towards More Budget for Marketing of Games The Game Developers Conference® (GDC) Next 2014 has released the results of the first annual Game Discovery Survey, which has uncovered emerging trends and attitudes from a pool of game industry professionals on launching and popularizing games. Among

Companies

Oculus Connect

Virtual reality is more than just video games for Palmer Luckey (Q&A)

The founder of Oculus and mind behind the modern VR movement is enthusiastic about his industry’s burgeoning prospects, but sees challenges too. Palmer Luckey is on top of the world. He just wrapped up the first conference devoted to the virtual reality headset he helped invent and the company he helped found: Oculus VR. Developers

Brian Fargo2

GBR Exclusive: inXile’s CEO Brian Fargo Talks Wasteland 2 and Future Plans

Brian Fargo, is founder and CEO of inXile Entertainment, located in Newport Beach, California. Known in the games industry for founding Interplay Entertainment in 1983, Brian continues to push the boundaries of RPG games. Wastelands 2 is a game conceived and development by the pure passion of Brian, his team and the legions of fans

Oculus Connect

Virtual reality is more than just video games for Palmer Luckey (Q&A)

The founder of Oculus and mind behind the modern VR movement is enthusiastic about his industry’s burgeoning prospects, but sees challenges too. Palmer Luckey is on top of the world. He just wrapped up the first conference devoted to the virtual reality headset he helped invent and the company he helped found: Oculus VR. Developers

Ouya scores Xiaomi partnership to take games to China

U.S video game service Ouya is turning to Asia to capture the growth that has eluded the startup on its own home turf. The Santa Monica, California-based firm has partnered with Xiaomi Inc to take its games to Chinese living rooms via the smartphone maker’s new streaming boxes and “smart” TVs, an Ouya executive and

Move over London and Berlin, hello Newcastle, Gothenburg and Ipswich

Not every European startup needs to be based in Silicon Valley-style cities such as London and Berlin. Others, such as ​UK ​games messaging company Palringo, are happy to locate in more understated places says Monty Munford   The Silicon Valley model for tech companies is widely emulated around the world and while there are doubtless

Women

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Rovio: Leading the way on gender balance

With Angry Birds Stella, Rovio is taking inclusive game development seriously During the E3 Expo last June, Ubisoft announced that there would be no playable female characters in Assassin’s Creed Unity. It must have seemed like such an innocuous decision to Ubisoft that it was announced quite casually, with a minimum of fuss, but on

International

Move over London and Berlin, hello Newcastle, Gothenburg and Ipswich

Not every European startup needs to be based in Silicon Valley-style cities such as London and Berlin. Others, such as ​UK ​games messaging company Palringo, are happy to locate in more understated places says Monty Munford   The Silicon Valley model for tech companies is widely emulated around the world and while there are doubtless

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nz1

Revenue doubles for New Zealand games industry as boom continues

Astonishing growth, but potential for more. Revenue from New Zealand-made video games and game apps has more than doubled in the past year, according to an independent survey of New Zealand Game Developers Association members. The survey found that in the financial year ending 31 March 2014, local games raised NZ$80.2m in revenue – well

Move over London and Berlin, hello Newcastle, Gothenburg and Ipswich

Not every European startup needs to be based in Silicon Valley-style cities such as London and Berlin. Others, such as ​UK ​games messaging company Palringo, are happy to locate in more understated places says Monty Munford   The Silicon Valley model for tech companies is widely emulated around the world and while there are doubtless

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Research

digital_entertainment_marketing_africa-mobile-vod

Increased Internet access expected to generate more consumer spend across the African continent…

Increased Internet access expected to generate more consumer spend across the African continent over the next five years: PwC report South Africa’s entertainment and media market is expected to grow by 10.2% compounded annually (CAGR) from 2014 – 2018. Increased Internet access will generate more consumer spend than any other media product or service in

digital_entertainment_marketing_africa-mobile-vod

Increased Internet access expected to generate more consumer spend across the African continent…

Increased Internet access expected to generate more consumer spend across the African continent over the next five years: PwC report South Africa’s entertainment and media market is expected to grow by 10.2% compounded annually (CAGR) from 2014 – 2018. Increased Internet access will generate more consumer spend than any other media product or service in

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