Tag Archives: revenue

Tencent was 2014’s top-grossing public global games company

More money was ploughed into games made by Tencent in 2014 than those made by any other publisher. VentureBeat reports that Newzoo data showed that in FY 2014 Tencent’s games attracted revenues of $7.2bn. That’s up on 2013’s $5.3bn, which was also enough to see it top the rankings. It …

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Insight: It’s time for pay-per-view eSports

Jean-Charles Lacoste, MD of sports monetisation experts InPlayer, discusses what eSports businesses can do to generate better income Newzoo’s recent white paper said that eSports is now worth $200m and that this will more than double by 2017. Audience-wise, pro-gaming is predicted to match the 190m annual audiences achieved by …

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Konami revenue flat but income climbs as company sees "slow recovery"

Japanese publisher Konami has reported flat revenues of 155,899m for the nine months ending December 31st, with operating income climbing from 7,388m to 9,734m. Net revenue in its digital entertainment business, however, fell over five per cent year-on-year to 67,943m, although the segment’s income shot up over 40 per cent …

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Crossy Road has generated $1m in-game ad revenue

Smartphone hit Crossy Road has proved that in-game ads can still pay the bills, even in games that have IAPs. The Guardian reports that, according to Unity, Hipster Whale’s title has made in excess of $1m from in-game ads alone since its launch on iOS in November 2014. And that …

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App Store developers generated $10bn in revenue last year

App Store developers combined to generate revenue exceeding $10bn in 2014, Apple has announced. The figure marks a new annual record for Apple’s digital shop, and it brings the cumulative total for developer revenue to more than $25bn since the App Store’s launch in 2008. This year is off to …

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GungHo boasting $4.5m in daily revenue this year

Japanese video game company Gungho Online Entertainment has brought in around $4.5m in revenue per day during the first nine months of 2014. Gamasutra reports on the astounding figure, adding that the firm has made $1.22bn in revenue and $680m in operating profits this year as well. Revenue is still …

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EA reckons it could make $1bn in DLC sales this year

Sales of additional digital content could reach as much as $1bn for EA in the current financial year. That’s according to Bloomberg, which quotes Longbow Research analyst as saying that the margins on Madden Ultimate Team are through the roof”. Revenue from madden DLC grew 350 per cent for the …

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Apple App Store enjoys a record-breaking July

The market may be getting increasingly tough for Apple, but that isn’t stopping the continued growth of the App Store. CEO Tim Cook told CNBC that the App Store in July generated more revenue than in any other month in its history. "I couldn’t be happier,” said Cook. This is …

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EA profits soar 50%

EA in its last quarter generated 51 per cent more profit year-on-year on the back of impressive sales across its console and mobile operations. Net GAAP income rose to $335m (196.5m) for the quarter ending June 30th, up from $222m the year prior.Revenues also grew from $949m to $1.2bn during …

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Yogscast confirms revenue sharing agreement with Space Engineers dev

Video game YouTube network Yogscast has become one of the first to confirm it has entered into a revenue sharing agreement to promote Steam Early Access title Space Engineers. It’s part of a new initiative called YogDiscovery that the network describes as a way of encouraging our creators to showcase …

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