So far, 2021 has been a solid financial year for Sony. The acquisitions of Returnal developer Housemarque, Nixxes Software (known for its first-party PC ports), Star Citizen’s Firesprite, and remaster heavyweight Bluepoint Games contributed to a 20% increase in Sony’s total workforce. According to VGC, this employee surge also led to record revenue numbers, as […]
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How a Sports Technology Investment Firm Bought Into Esports – The Esports Observer
Bob Barnett is a former banker and investor, and now a lot more bullish on the esports industry than he used to be. This wasn’t always the case, and prior to 2017, Barnett couldn’t tell you much about esports or even gaming. The company which he is a managing partner of, Phoenix Sports Partners, is […]
How Much to Invest Into Fly Fishing Equipment
Fly fishing is an angling method of catching fish that uses an artificial lure known as a fly. The fly is basically an imitation of any insect. The fly is usually cast into the water using a fly rod, reel, and a specialized weighted line. Since this method is a lightweight form of casting, it […]
Tencent Esports to Invest $14.5M to Reinforce Peacekeeper Elite Esports Ecosystem, Includes a $2M Global Championship Event
Leo Liao, marketing director of Tencent Interactive Entertainment Group and president of Peace Elite League Union (PEL), announced at the Tencent Global Esports Summit this week that the company will invest￥100M RMB ($14.5M USD) in boosting the esports ecosystem of Peacekeeper Elite, the Chinese version of PUBG MOBILE. Liao said that the PEL Union will […]
Gaming acquisitions and investments continued in Q1 despite coronavirus
More than $700 million was invested in game startups in the first quarter, though that amount is down from the year-earlier period, according to data collected by Sergei Evdokimov, investment associate at Mail.ru Games Ventures. It was a big dip, but it’s not bad for a quarter with so much turmoil. In an email to […]