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Pokémon Generates $11.6 Billion in Licensed Product Revenue for 2022
According to a report by License Global, The Pokémon Company achieved $11.6 billion in revenue from licensed products in 2022. This figure represents a significant increase of 36.5% from the $8.5 billion earned in 2021. As a result, the company ranked fifth in the Top Global Licensors report and second in terms of brand growth, with an additional $3.1 billion in revenue. The growth is largely att…
Aug. 22, 2023, 12:07 p.m.
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UK Regulator Investigates Revised Microsoft-Activision Deal After Cloud Gaming Rights Sale to Ubisoft
In a significant development, Microsoft's acquisition of Activision Blizzard has undergone restructuring and is under investigation once again. This time, Ubisoft has entered the scene by acquiring cloud gaming rights for all Activision Blizzard games. The UK's Competition and Markets Authority, which initially blocked the deal, is now reviewing the revised transaction. The revised deal addresses…
Aug. 22, 2023, 7:34 a.m.
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Flame Fatales by Games Done Quick Raises $110,000 for Education Charity
A recent online speedrunning event, Flame Fatales, organized by Games Done Quick, has successfully raised over $110,000 for the Malala Fund, a charity dedicated to providing girls globally with access to free education. Held from August 13 to August 20, the event featured all-women and non-binary speedrunners competing online. The Malala Fund specifically targets regions where young women face …
Aug. 21, 2023, 8:21 p.m.
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Gran Turismo Film Speeds to $23 Million at the Box Office
The Gran Turismo film, inspired by the life of British professional racing driver Jann Mardenborough, has generated $22.7 million in box office revenue within ten days of its US release. According to Deadline, the movie is expected to debut in theatres across Brazil, Mexico, China, Japan, Italy, and Korea. On August 13, it earned $10.7 million in 30 markets. Additionally, Sony's live-action Twist…
Aug. 21, 2023, 5:48 p.m.
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Japanese Youth Prefer Console Gaming Over Mobile, Survey Finds
According to a recent report by Niko Partners, console gaming has emerged as the preferred platform among Japanese youth, with 72.3% of respondents aged six to 18 using consoles, compared to 63.5% for mobile gaming and 14.7% for PC. The survey, which polled over 300 parents and 90 young gamers, suggests that parents favor consoles due to better control over content. Notably, Japanese youth spend …
Aug. 21, 2023, 4:57 p.m.
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Remnant 2 Tops July Sales Charts in the US
Gunfire Games' Remnant 2 quickly rose to the top of the charts, securing the number one spot in Circana's July Top 20 list despite its late release in the reporting period. Circana's monthly US sales report reveals that consumer spending on games increased by 1% year-over-year, reaching $4.19 billion, driven by a 2% rise in content spending and an 8% surge in accessory sales. However, this growth…
Aug. 21, 2023, 3:14 p.m.
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Charles Martinet Steps Down as Mario's Voice
The iconic voice behind Mario is changing, as Nintendo announces that Charles Martinet will no longer be voicing the character in their games. Instead, he will be taking on a new role as Mario Ambassador, where he will continue to spread the joy of Mario worldwide and engage with fans. This transition marks the end of an era, as Martinet has been the voice of Mario, as well as other notable chara…
Aug. 21, 2023, 2:58 p.m.
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Made on Earth Games Secures $3.2 Million in Seed Funding
Made on Earth Games has successfully raised $3.25 million through a seed funding round. The funds will be utilized to launch Everbright, the studio's inaugural title, which is currently in open beta. GEM Capital took the lead in the funding round, with The Games Fund, Raga Partners, and Heracles Capital also participating. Founded in 2022 by Yuriy Krasilnikov and Alexey Ilin, Made on Earth Games …
Aug. 21, 2023, 2:40 p.m.
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Luck Be a Landlord Removed from Google Play in 13 Countries
The Luck Be a Landlord game has been removed from Google Play in 13 countries, according to its developer, Dan DiIorio of TrampolineTales. Google Play Support cited a policy prohibiting games that simulate gambling or games of chance in certain regions. The game, which uses a slot machine mechanic to earn in-game rent and challenge capitalism, does not offer real-money transactions or microtransa…
Aug. 21, 2023, 1:36 p.m.
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Prestiged Emerges as a New Force in European Gaming
In a strategic move, an independent gaming firm has collaborated with an investment company to establish Prestiged, a new entity designed to serve as a hub for diverse European gaming businesses. Prestiged is the brainchild of Remote Control Productions and Auctus Capital Partners, which have also become the group's founding members, and is currently seeking additional members to join its ranks. …
Aug. 21, 2023, 11 a.m.