Detailed investments overview

https://venturebeat.com/games/konvoy-q4-report-83-yoy-decline-in-venture-funding/

#Finance #Investments #Infographics

Meanwhile, #CDPR shared their financial report! Cyberpunk 2077 revenue grew last year, but the next-gen patch for the Witcher 3 isn't noticeable on the graph (at least, not yet).

#Business #Finance

I'm not a true financial analyst, but #meme made one Japanese company times more expensive!

#Finance #Business

AppMagic measured that miHoYo Games hit $8B in user spending this July – Genshin Impact contributed 73% of that impressive result!

Top markets are China, Japan, and only then USA.
Platform distribution: iOS (69%) and Android (31%)

#Business #Finance

Gaming VC funding reached pre-covid levels #Business #Finance – it has been in decline for over 2 years in a row. The next quarter is very important and slight growth is expected.

One of the craziest parts: people who were fired from Bungie will lose some of their shares that will be reverted the same as they would if they quit by their will.

#PlayStation #Bungie #Business #Finance

Microsoft will terminate over 1900 contracts in its gaming division. The majority of them will be in Activision Blizzard, recently acquired for $69B.

There are several top-tier workers among people who will leave the company including Mike Ybarra, the president of Blizzard Ent.

It means that on January alone there were about 6000 jobs lost across the game industry, compared to 15-20K during the last year.

#Business #Finance #Microsoft #Xbox

Gainax animation studio went bankrupt.

They created Neon Genesis Evangelion, Royal Space Force, Gunbuster, Nadia: The Secret of Blue Water, Kare Kano, FLCL, Magical Shopping Arcade Abenobashi, and Gurren Lagann

#Business #Finance

Meanwhile, #AI has no impact on real economic performance outside stocks markets

#Economy #Business #Finance

If you are looking for investments into game studio, it's gonna be good to know what are these $$$ for. Narwhal Accelerator explained it in this detailed article:

Advanced Profits & Loss (P&L) guide for game developers

#Finance #Business #GameDev #Investments