Tencent to buy British video game developer Sumo Games for $1.27B, a 43% premium on Sumo's Friday closing price
Chinese tech giant Tencent Holdings (0700.HK) will buy video game company Sumo Group (SUMO.L) in a deal that values the British firm at 919 million pounds ($1.27 billion), the comp...
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017
they are laser-focused on expanding and entrenching their monopoly power. That's bad for workers, consumers, and small businesses. Josh Hawley / @hawleymo : This sale should not go...
With its MGM acquisition, Amazon doesn't want to compete with streamers like Netflix but reduce Prime subscriber churn by providing enough blockbuster content
Amazon isn't competing with Netflix, but it is spending billions trying to figure out Hollywood. Maybe 007 can help.
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017
- Amazon is buying MGM Studios, the companies announced, marking Amazon's most ambitious move yet into the entertainment business.
EU approves Microsoft's $7.5B deal to acquire ZeniMax Media, the parent company of Bethesda Softworks, without conditions
On this page you can search for all merger cases. Kyle Orland / Ars Technica : Microsoft confirms “some” new Bethesda titles will be exclusive to Xbox, PC Jeff Grubb / VentureBeat ...
EU approves Microsoft's $7.5B deal to acquire ZeniMax Media, the parent company of Bethesda Softworks, without conditions
Microsoft will have 23 first-party game studios — The European Commission has approved Microsoft's $7.5 billion deal to acquire ZeniMax Media …
Sources detail Google's troubles with game development as the company couldn't stomach the complicated creative process amid Stadia's poor streaming numbers
Great read by @cecianasta. https://www.wired.com/... Brian Crecente / @crecenteb : Some great insight here. I'd add that there's also probably an issue of lost opportunity costs fo...
Industry executives warn of severe chip shortages to make phones and game consoles, amid excessive stockpiling of chips by companies like Huawei and Apple
- The dearth of supply is deepening as Apple, China hoard chips — Worsening crunch could impact sectors well beyond automaking
Microsoft's head of IR says Xbox will be in short supply through at least June, after it sold every unit it had last quarter and topped $5B in gaming revenue
Microsoft reveals when shortage will subside Tweets: Tom Warren / @tomwarren : Microsoft says it has sold every Xbox it has, but Xbox Series X will be in short supply until at leas...
Sources: Sony has cut PS5 production for this fiscal year by 4M units to ~11M, following production issues with its custom-designed SoC
- Low yields of company's custom-designed silicon a bottleneck — Sony facing aggressive pricing from Microsoft's Xbox team
Sources: Sony has cut PS5 production for this fiscal year by 4M units to ~11M, following production issues with its custom-designed SoC
- Low yields of company's custom-designed silicon a bottleneck — Sony facing aggressive pricing from Microsoft's Xbox team
Sources: Nintendo plans to launch an upgraded Switch in 2021, possibly with 4K graphics, more computing power, and a lineup of new games
- Strong lineup of Nintendo games set to accompany new hardware — Update would make the Switch Nintendo's most enduring console
Take-Two Interactive beat expectations in fiscal Q1 with revenue of $831.3M, up 54% YoY, despite not launching any new games during the quarter
games to be priced on title-by-title basis Rob Thubron / TechSpot : Take-Two says more expensive games on the PS5/XBSX reflect “the quality of the experience” Tweets: Daniel Ahmad ...