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Tencent suspends PUBG Mobile: Exhilarating Battlefield in China and launches a replacementMay 07, 2019The developer of PUBG Mobile: Exhilarating Battlefield – Tencent Guangzi Studio - has confirmed that it will suspend operation of the game in mainland China and that its new in-house developed game, Game for Peace will be launched instead. Players can update PUBG Mobile app directly to access the new game or download it from app stores.
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Games Publisher Performance Metrics Database - PremiumApril 03, 2019Quarterly performance metrics for leading listed games publishers. Updated quarterly.Subscribers Only
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GDC 2019: Unity expands value-chain role via new partnerships and delivers high-end features as next-generation approachesMarch 21, 2019At Unity’s GDC 2019 keynote, the company announced both improvements to the Unity Engine including numerous tools, and a few new partnerships to consolidate its position as a developer-first platform.
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Imax officially abandons VR hub trialDecember 19, 2018Imax has called time on its location-based virtual reality (VR) pilot first launched in 2016. The future of the initiative was first plunged into doubt earlier in 2018 as the company began shuttering two non-profitable sites (Shanghai and New York in June 2018), promptly followed by other closures, such as Manchester, its only European site in November 2018.
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Tencent’s Q3 2018 performance: Other revenue streams replace games to drive growthNovember 14, 2018Tencent posted total revenue of RMB 80.6billion ($11.7million) for the third quarter with a yearly growth of 24%. Advertising, cloud service and video subscriptions have become Tencent’s main revenue growth driver while its games business suffered revenue loss under stricter regulations by authorities in mainland China to limit negative impact on children.
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Blizzard will co-develop Diablo Immortal with NetEaseNovember 06, 2018Blizzard announced at last week's Blizzon event that it will partner NetEase to develop Diablo Immortal, a mobile massively-multiplayer RPG based on the Diablo IP for Android and iOS devices. Despite the availability of Hearthstone across PC and mobile platforms, this is Blizzard’s first game designed exclusively for mobile devices. The company confirmed that Diablo Immortal features new storylines that connect the end of Diablo 2 and the beginning of Diablo 3, and will include iconic Diablo character classes.
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Mainland China: Tencent closes popular poker game to comply with regulationsSeptember 11, 2018Tencent announced it will shut down its Everyday Texas Hold’em poker game on September 25 and start to issue refunds to players or convert the in-game currency to other Tencent games. The company’s spokesperson suggested that the move was aimed at diverting more resources to other games in its pipeline rather than a response to the intensifying government policy on online games industry.
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ChinaJoy: Seeking opportunities in the face of strict censorshipAugust 07, 2018The Chinese PC online-gaming market experienced a minor yearly increase of 3.2% in 2017, and that growth was entirely driven by Tencent’s legacy titles and Kingsoft’s JX 3 series. The PC games business of other major publishers suffered significant decline. PUBG, meanwhile managed to sell 17 million copies in China via Steam even before the game had been officially launched in the country, highlighting how battle-royale games have replaced MOBA in terms of market attention and industry investment.
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Sony PlayStation ChinaJoy Press Conference 2018: China Hero Project Plays Key RoleAugust 02, 2018Sony held a PlayStation press conference during Asia biggest games conference, ChinaJoy, to present a series of blockbuster games ready for its PS4 console and the Chinese market.
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IQiyi acquires game developer Skymoons for $190millionJuly 30, 2018Chinese online video platform iQiyi has acquired mobile games developer Skymoons for $190 million. This acquisition includes a fixed payment of RMB 1.27 billion as well as a further investment of RMB 730 million depending on Skymoons’ performance in the next two years.Subscribers Only
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WeGame's global release illustrates Tencent's strategic ambition in games distributionJuly 11, 2018Tencent is building a international version of its PC games distribution platform WeGame, which, for the first time, will put it in direct competition with Valve's Steam platform in markets outside of China. Tencent strategic target is to build its distribution capability outside of China. Meanwhile, Valve's Steam is not officially available in China, but it serves gamers on the mainland from its Hong Kong servers and many games are localised into simplified Chinese to attract Chinese buyers.
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Valve partners Perfect World to bring Steam to ChinaJune 13, 2018Perfect World announced that is working on ‘Steam China’, which indicates an upcoming official launch for the platform in China. According to the agreement, Perfect World will actively promotion the launch and marketing of Steam China, while Valve is to cover software authorization and tech support.Subscribers Only
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Video-streaming platform Huya files for IPO in the USMay 21, 2018Huya has successfully completed an IPO on the New York Stock Exchange, raising $180 million. This comes after the company received a round of investment totaling $462 million, led by Tencent, just back in March 2018.
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Tencent UP 2018 Conference: Fornite officially coming to ChinaApril 25, 2018As announced at its UP2018 conference, Tencent is to invest $16 million in Fortnite-related esports in China. The company has already secured a licensing partnership with BlueHole, the creator of Fortnite's main competitor, Publisher Unknown's Battlegrounds (PUBG), but its China release is delayed.Subscribers Only
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Mobile title Vainglory becomes part of Alibaba's WESG lineupMarch 19, 2018Super Evil Megacorp, the developer of Vainglory, has announced it will partner Alisports, the sports branch of Alibaba Group. Alisports formed the World Electronic Sports Games (WESG) in 2016, revealing ambitions to build itself a global presence in the esports industry. Vainglory will join other titles - namely CS:GO, Dota 2, Hearthstone and StarCraft 2 - to become part of the WESG2018 lineup.
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Tencent invests in Douyu and Huya to dominate Chinese esports streaming sectorMarch 11, 2018Huya announced it raised $461.6million in its latest series B funding round which was led by Tencent on Mar 9. And its major rival Douyu received investment of $632million from Tencent as well. The two streaming platforms hold leading positions in the Chinese eSports streaming markets.
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Video-streaming platform turned mobile-gaming operator Bilibili sets sights on $400million IPOMarch 06, 2018According to a prospectus filed on 2 March, the online entertainment platform covering video, live broadcasting and mobile games plans to list on the New York Stock Exchange. Bilibili business was initially centered on the Anime, Comic and Games (ACG) industry and has developed into a comprehensive content platform.
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Tencent invests Shanda Games for the IP PortfolioFebruary 08, 2018Shanda Games confirmed investment of RMB 3 billion ($452million) from Tencent this week. The deal marks the latest games-related investment by Tencent after its acquisition of Supercell. The spokesman from Shanda Games has not revealed the size of stake but suggested that the two companies will expand their partnership beyond online gaming. Also, Shanda Games has indicated it will accelerate the process of becoming an A-shares company (i.e. traded on both the Shanghai and Shenzen stock markets).
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Tabikaeru is latest casual games app proving a success with non-gamers in ChinaFebruary 01, 2018Tabikaeru is a freemium mobile game developed by the Japanese company Hit-Point. The game centers on a frog travelling around Japan and sending back snapshots or mementos of its trip. The main gameplay is that players grow and collect clover in a virtual courtyard as in-game currency to afford the frog’s journey. The game, in Japanese only, has risen to the top of the free apps in Apple’s App Store in China, Taiwan and Japan.Subscribers Only
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Immersive Computing - Consumer Augmented & Virtual Reality Report - 2018January 25, 2018Keep pace with emerging consumer spending for augmented reality and virtual reality technology. This report provides analysis of entertainment media, entertainment centers, and consumer electronics – including virtual reality headsets, augmented reality headsets, smart glasses, augmented reality smart devices and much more.Subscribers Only
