Electronic Games

Sandbox VR Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

Retrieved on: 
Tuesday, March 19, 2024
Software, Other Entertainment, Hardware, Consumer Electronics, Technology, Electronic Games, Other Technology, Entertainment, Seekers, Immersion, Editorial, Dragon Fire, Culture, Organization, Netflix, MIC, Partnership, Wi-Fi, SVP, AI, Hope, Augment, ITunes, Content, Most, Wireless, Creative, Creed

Sandbox VR, the world's premier destination for premium location-based virtual reality experiences, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

Key Points: 
  • Sandbox VR, the world's premier destination for premium location-based virtual reality experiences, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.
  • Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
  • The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year.
  • Fast Company’s Most Innovative Companies package is available online , as well as in-app form via iTunes, and on newsstands beginning March 26.

2024 Unity Gaming Report Highlights Game Studios’ Continued Resilience As They Boldly Stretch Resources Amidst Shifting Market Forces

Retrieved on: 
Monday, March 18, 2024
Software, Audio, Video, Consumer Electronics, Mobile Entertainment, Technology, Apps, Applications, Electronic Games, Entertainment, IAA, GDC, Texture, ROI, Conference, Risk, XR, GAM, Angry Birds, Strategic planning, 3D, AI, AdMob, DOTS, Unity (game engine), Multimedia, Preview, Video game

The report’s findings draw on data from approximately five million Unity Engine developers and more than 342 billion ad views.

Key Points: 
  • The report’s findings draw on data from approximately five million Unity Engine developers and more than 342 billion ad views.
  • View the full release here: https://www.businesswire.com/news/home/20240318553373/en/
    2024 Unity Gaming Report (Graphic: Business Wire)
    The 2024 Unity Gaming Report reveals that amidst persistent economic uncertainty, studios are simultaneously prioritizing conservative spending and being bold – they are stretching resources and willing to take on some risk, in order to strengthen their businesses and shore up ROI.
  • To view the full analysis and additional insights, download the 2024 Unity Gaming Report .
  • “This year’s report underscores game developers’ spirit of resilience as they navigate the evolving gaming landscape,” said Marc Whitten, Chief Product and Technology Officer of Unity.

VRAL Games, a New Gaming Company Focused on Virtual Reality, Launches at the Game Developers Conference 2024

Retrieved on: 
Tuesday, March 19, 2024
Technology, Electronic Games, Entertainment, Other Technology, Research, Physics, GDC, Conference, Motion sickness, Superbike World Championship, FIM, XR, Oculus Quest, Publishing, Artificial intelligence, AI, Steam, IP, Machine learning, Video game

VRAL Games , a new games publisher and developer focused on virtual (VR) and extended reality (XR), is making its debut at this year’s Game Developers Conference (GDC) in San Francisco.

Key Points: 
  • VRAL Games , a new games publisher and developer focused on virtual (VR) and extended reality (XR), is making its debut at this year’s Game Developers Conference (GDC) in San Francisco.
  • Founded by seasoned experts in gaming, hardware and AI, VRAL’s mission is to build the future of immersive games.
  • Its initial game releases will focus on a fusion of innovative gameplay, proprietary technology, and social engagement.
  • Its platform and original IP aims to combine advancements in artificial intelligence (AI), gaming software and virtual controls.

2024 Game Developers Conference Opens Today at San Francisco’s Moscone Convention Center

Retrieved on: 
Monday, March 18, 2024
Software, Arts, Museums, Men, Online, Entertainment, Consumer Electronics, Consumer, Technology, Artificial Intelligence, Women, Audio, Video, Electronic Games, Civic, Moscone Center, Museum, GDC, Final Fantasy XVI, Independent Games Festival, Conference, Tears, Journey, Learning, Science, Partnership, Indiana Jones, Business, TIE fighter, The Legend of Zelda, Artificial intelligence, RSS, IGF, Art, The Elder Scrolls, Digital entertainment, MADE, Hobby, Kingdom, Game Developers Conference, Game Developers Choice Awards, Legend, Great circle, Production, Karate, Video game

The 2024 Game Developers Conference (GDC), the world’s largest gathering of game industry professionals and enthusiasts who are devoted to the art and science of making games, begins its 38th edition today at the Moscone Convention Center in San Francisco.

Key Points: 
  • The 2024 Game Developers Conference (GDC), the world’s largest gathering of game industry professionals and enthusiasts who are devoted to the art and science of making games, begins its 38th edition today at the Moscone Convention Center in San Francisco.
  • The conference continues on Wednesday, March 20, the opening day of GDC’s core conference and commences with the GDC Main Stage Performance titled “A Developer’s Concert” in North Hall at 9:00am PT.
  • Also new this year is the Game History Gallery, created in partnership with the Video Game History Foundation.
  • For more details on the Game Developers Conference, please visit GDC’s official website , or subscribe to regular updates via Facebook , Twitter/X , or RSS.

Griffin Gaming Partners Welcomes Aaron Loeb as New Operating Partner

Retrieved on: 
Friday, March 15, 2024
Electronic Games, Entertainment, Professional Services, Finance, Operating partner, Kabam, Partner, FoxNext, Fund, Griffin, Entrepreneurship, LionTree, Marvel Contest of Champions, The Simpsons: Tapped Out, Television, Video game

Griffin Gaming Partners, the world’s leading venture capital firm focused on the global gaming market, is proud to announce the addition of Aaron Loeb as Operating Partner.

Key Points: 
  • Griffin Gaming Partners, the world’s leading venture capital firm focused on the global gaming market, is proud to announce the addition of Aaron Loeb as Operating Partner.
  • "Having worked with Aaron during several pivotal industry transactions, I've witnessed firsthand his strategic acumen and deep understanding of the gaming world,” commented Nick Tuosto, Co-Founder and Managing Director at Griffin Gaming Partners.
  • Aaron Loeb's appointment as Operating Partner marks a significant milestone for Griffin Gaming Partners, reinforcing the firm's commitment to fostering innovation and excellence in the gaming industry.
  • Griffin Gaming Partners is the world’s leading venture capital firm focused on the global gaming market with over $1B in assets under management.

Opportunity Assessment of Cloud Gaming Evolution in the 5G and 6G Era and the Impact of Telecom Players - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Entertainment, Technology, Telecommunications, 5G, Electronic Games, Internet, Cloud, Research report, Research, Growth, VR, Video game

The "Opportunity Assessment of Cloud Gaming Evolution in the 5G and 6G Era" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Opportunity Assessment of Cloud Gaming Evolution in the 5G and 6G Era" report has been added to ResearchAndMarkets.com's offering.
  • This research report, "Opportunity Assessment of Cloud Gaming Evolution in the 5G and 6G Era," covers developments in the cloud gaming market and the impact of telecom players and 5G/6G on the cloud gaming market.
  • Access to cost-effective, high-power computers and gaming consoles is also driving the adoption of cloud gaming platforms and solutions, and cloud gaming will likely become the preferred gaming platform in the next 5 to 7 years.
  • The research includes the following modules:
    Competitive scenario (cloud gaming vs. console gaming)

Asia & MENA Video Game Monetization Models Analysis 2023: Key Strategies for Premium Games, Subscriptions, In-Game Purchases, In-Game Advertising, and Real Money Gaming - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Electronic Games, General Entertainment, Entertainment, Video, Advertising, Jim Cramer, IAP, Government, MENA, RMG, IGA, Video game

The "Video Game Monetization Models In Asia & MENA" report from Niko Partners, Inc. has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Video Game Monetization Models In Asia & MENA" report from Niko Partners, Inc. has been added to ResearchAndMarkets.com's offering.
  • The Video Game Monetization Models in Asia & MENA report focuses on five major monetization models: Premium Games, Subscriptions, In-Game Purchases, In-Game Advertising, and Real Money Gaming.
  • 62.3% of gamers in Asia & MENA have purchased a premium game in the past 12 months on any platform.
  • According to our 2023 survey, 30% of paying gamers in Asia & MENA have purchased a monthly subscription to access a video game.

MetaCene Announces $10 Million Private A Round Funding, Securing Its Place as a Web3 Gaming Pioneer

Retrieved on: 
Friday, March 15, 2024
Software, Entertainment, Internet, Professional Services, Blockchain, Venture Capital, Technology, Artificial Intelligence, Cryptocurrency, NFT, Web3, Electronic Games, RPG, Shengqu Games, YGG, Blizzard, Acquisition, Android, Commercial, IGG, Life, Realm, Creativity, Ecosystem, Partner, Private (rocket), Multimedia, Collection, IOS, Unreal Engine, V.2

Today, it proudly announces the closure of its $10 million Private A round funding.

Key Points: 
  • Today, it proudly announces the closure of its $10 million Private A round funding.
  • This diverse group of investors exemplifies the immense potential of MetaCene's vision and their confidence in the team's ability to execute.
  • "Investing in MetaCene isn't just about backing a great project; it's about investing in the future of blockchain gaming.
  • We look forward to seeing MetaCene bring the best experience to gamers around the world in the coming Web3 gaming boom."

Skillz Reports 2023 Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024
Electronic Games, Entertainment, Mobile Entertainment, PIN, Skillz, Inc., CFO, Webcast, Acquisition, Adjustment, Maus, GAAP, Marketing, Video game

Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Skillz Inc. (NYSE: SKLZ) (“Skillz” or the “Company”), the leading mobile games platform bringing fair competition to players worldwide, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Fourth Quarter 2023 Financial Highlights:
    Full Year 2023 Financial Highlights:
    Cash, cash equivalents, and marketable securities of $302.0 million as of December 31, 2023
    Total outstanding debt of $123.9 million as of December 31, 2023
    “We made steady progress throughout 2023 with our strategic initiatives to position Skillz to deliver consistent top-line growth and positive Adjusted EBITDA,” said Andrew Paradise, Skillz’ CEO.
  • Importantly, after declines in our paying audience throughout 2023, we significantly slowed the decline in the beginning of 2024, and are tracking to a more stable audience.
  • Our continued execution on our strategic initiatives puts Skillz on track to achieve our goal of generating positive Adjusted EBITDA on a run-rate basis by the fourth quarter of this year.”
    Gaetano Franceschi, Skillz’ CFO, added, “We continue to demonstrate prudent management of the business as reflected in the quarterly sequential improvements in our Adjusted EBITDA loss for every quarter of 2023, with the fourth quarter loss being 41% less than in the first quarter.

Virtuos Acquires Real-Time Visual Effects Studio Beyond-FX in Los Angeles

Retrieved on: 
Thursday, March 14, 2024
Electronic Games, Audio, Video, Technology, Entertainment, Software, War, Growth, Education, CounterPunch, Acquisition, The Callisto Protocol, AAA, Mortal, VFX, Multimedia, Video game

Virtuos , a leading video game development company, today announced the acquisition of Beyond-FX , a full-service visual effects (VFX) studio, in Los Angeles.

Key Points: 
  • Virtuos , a leading video game development company, today announced the acquisition of Beyond-FX , a full-service visual effects (VFX) studio, in Los Angeles.
  • Virtuos commits to supporting the growth of Beyond-FX, the continued development of its artists, and providing its unparalleled expertise to clients worldwide.
  • With this vision, we’ve evolved from a small boutique studio in Los Angeles to a multinational business that supports developers across the Americas and Europe.
  • In the past year, Virtuos has expanded into Dalat with its art production studio Glass Egg, launched a studio in Tokyo , and engineering-focused Virtuos Labs in Warsaw and Prague .