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Tag Archives: investors

Fig unveils first investor returns

Fig has today announced its first-ever returns to investors. Accredited investors who purchased Fig Game Shares for Kingdom and Castles, the first Fig-funded game to be released, has earned a 2x (or 100 per cent) return on their initial investment after just a few weeks following the game’s launch. The …

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Investors shrug off Brexit video game fears

Brexit will be ‘totally irrelevant’ when it comes to UK games investment, insist leading venture capitalists. London Venture Partners and Mercia Fund Management say that the digital nature of the games business means that the Brexit result, although unfortunate, will leave UK games firms largely untroubled. It comes as UK …

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Crowdfunding site Fig launched by Double Fine, Obsidian and inXile heads

Former Double Fine COO Justin Bailey has teamed up with industry veterans Brian Fargo, Feargus Urquhart and Tim Schafer to launch Fig – a crowdfunding platform with investment options for backers. Funded by venture capital firm Spark Capital, Fig will focus solely on video game projects. The platform aims to …

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Iwata increases approval rating amongst Nintendo investors

Satoru Iwata’s plan to reverse Nintendo’s decline has been given the backing of investors. As spotted by NeoGaf, the Nintendo boss has seen his approval rating amongst investors climb to 80.64 per cent, beating last year’s 77.26 per cent rating. Note however that it still lags far behind his 2010, …

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Sony shareholders vote to keep CEO and executives

Sony’s executives will retain their positions, following a vote by investors to decide the fate of several key staff members. The AP reports CEO and president Kazuo Hirai and other executives were heckled by multiple investors in attendance throughout the presentation. Hirai apologized for not being more proactive with making …

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Game companies see rise in stock following strong retail results

Investors have responded kindly to the latest reported results at US retail, as game companies such as Activision Blizzard and Electronic Arts are seeing strong increases in share prices this week. Games Industry reports both Activison and EA hit 52-week highs on Tuesday. At time of writing, Activision was trading …

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