A study from Juniper Research has found that revenues from the global digital games market are set to reach the $100 billion (€94.7bn) milestone by the end of this year. Juniper’s report found that, contrary to
Facebook’s VR business Oculus has been ordered by a court to pay $500 million (€462.4m) to video game maker ZeniMax. The verdict, in a Texas district court, ruled that Oculus co-founder Palmer Luckey had failed to comply with a non-disclosure agreement signed with ZeniMax in 2012. Nonetheless, the jury decided that Oculus had not misappropriated […]
Data on the physical entertainment market from Kantar Worldpanel has revealed a tough fourth quarter with a decline of 7.8 per cent across music, video and gaming in the 12 weeks to December 18th. Music and video both witnessed double digit declines, with sales falling by 11 per cent and 12 per cent respectively, while […]
The Digital Production Partnership (DPP) has published its survey report on the 2017 Consumer Electronics Show (CES), and revealed a technology industry trying to harness voice control and artificial intelligence to make consumers love its products. The report provides unique insight into the famous technology show by analysing not only the show itself, but how […]
Despite a somewhat omnipresence on modern connected devices, gaming giant Nintendo has revealed that none of the leading video streaming apps will be available on its new Switch console. Nintendo, responding to questioning from video games website Kotaku, stated that the likes of Netflix, Amazon Prime Instant Video and BBC’s iPlayer, will not be coming […]
Spain’s Telefónica has reached a strategic agreement with e-sports company ESL to develop a platform with exclusive content for its Movistar+ brand in Spain and to create a professional club for electronic sports. Telefónica will launch a dedicated channel – Movistar eSports – covering matches from leagues such as ESL One, ESL Intel Extreme and […]
Investment by new digital services such as Spotify, Sky, Amazon, Apple Music and Google has resulted in sales of music, video and games running £1 billion ahead of where they were just four years ago, according to data compiled by the Entertainment Retailers Association (ERA). Preliminary figures from ERA indicate that booming digital services helped […]
TIGA, the network for video games developers and digital publishers and the trade association representing the games industry, predicts that the UK video games industry would increase investment and expand employment in 2017. TIGA made the comments in its latest Business Opinion Survey 2016/17. The report was based on a survey of 50 games businesses […]
The Productivity Commission, the Australian Government’s principal independent review and advisory body on microeconomic policy and regulation, has suggested that timely and cost-effective access to copyright content is the best way to reduce infringement, recommending that the Government should make it easier for users to access legitimate content by clarifying the law on geoblocking. The […]
Limelight Networks, a specialist in digital content delivery, has announced that several Internet events in mid-December, including popular video game releases and software downloads, drove record traffic levels for the company. The convergence of these events resulted in Limelight exceeding 2015 peak traffic levels by 28 per cent and surpassing the previous global traffic record […]