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Bank: Gaming a “smart move” for Netflix

The news that Netflix has made a key appointment to its game development division is good news for the streamer says a report from equity analysts at investment bank Exane/BNPP. Mike Verdu will join Netflix as VP/game development, reporting to COO Greg Peters, the company has confirmed. Verdu was previously Facebook’s VP/in charge of working […]

July 16, 2021

Netflix appointment points to games  

Netflix looks set to accelerate its move into video games with the hire of Mike Verdu, a veteran of the gaming industry. Verdu joins from Facebook where he ran gaming on its Oculus VR headsets, and his CV also include Electronic Arts, where he most recently ran its mobile gaming division. “Our members value the […]

July 15, 2021

Jagex bolsters its development teams

Jagex, a global player in the development and publishing of living games has today announced an expansion of its internal production teams with a slew of new hires from across the games industry. The addition of an executive to oversee Game Operations and several Lead Producers will enable the company to continue the development of […]

July 13, 2021

Forecast: Mobile gaming $272bn industry by 2030

Mobile gaming is the dominant segment in the global video games sector and iset to be a $272 billion (€223.5bn) industry by 2030. With the upcoming 5G revolution around the corner, new processors and improved display technologies are making mobile platforms more game ready than before. Every games company must develop expertise in this area […]

June 11, 2021

E3 returns virtually

E3 will return this year as a virtual event. The event is normally held in Los Angeles each June and is acknowledged as the biggest spectacle of the year for the video games sector attracting a mix of developers, press and the general public. Last year’s event was completely cancelled as a result of the […]

April 8, 2021By Chris Forrester

Study: Pandemic drives surge in subscription gaming

The games industry has thrived during the Covid-19 pandemic reports Futuresource Consulting; it has provided kids with a way to alleviate the boredom of lockdown through gaming and socialising digitally with friends. The Futuresource Kids Tech consumer survey, now in its 13th wave, addresses these gaming trends amongst kids between the ages of 3-16, providing […]

February 25, 2021

Forecast: Video game subs revenue at $11bn by 2025

A report from Juniper Research forecasts that video games service platforms, such as EA Play and PlayStation Now, will grow to an $11 billion (€9.3bn) sector by 2025, up from an estimated $6.6 billion this year. These platforms represent a strong new revenue stream for an industry

October 5, 2020