Scope out a few of the game industry news stories from the last week week below, hand-picked from across the world of games. This week’s focus is on GamesCom and Devcom, a handful of notable acquisitions, news about Epic Games, Apple, Tencent, and more!
- GamesCom and DevCom Going Big Online
- Tensions Between Epic Games and Apple Intensifies
- Video Games Industry Shows No Signs of Slowing Down in Q2
- Daybreak Games Snags Cold Iron Studios — and Alien Game
- Embracer Group Acquires Several Studios
- Tencent’s Profits Booming During Pandemic
- Perspective on the Brazilian Games Industry
GamesCom and DevCom Going Big Online
While many events may be trying to bridge their real-world events in 2020, some events, like Gamescom 2020, appear to be embrace the online format and try to make the biggest splash possible.
“The big Gamescom 2020 game festival and the accompanying Devcom professional game developers conference in Germany are planning for a massive worldwide streaming audience, the founders said in an interview with GamesBeat.
Twitch and YouTube will stream the Gamescom event, which runs from August 27 to August 30 and includes Geoff Keighley’s Opening Night Live on August 27. The partnerships are aimed at making sure that Gamescom reaches an audience of millions of people around the world. Last year, the event drew more than 500,000 concurrent viewers. And it’s a sharp contrast to events like the Game Developers Conference and the Electronic Entertainment Expo (E3) in the U.S. The GDC had a much smaller summer event this year, and E3 was canceled altogether. But the German event is seeking to be a worldwide celebration of games.”
Tensions Between Epic Games and Apple Intensifies
Source: Business Insider
Apple and Epic Games seem to be on the verge for a legal tit-for-tat battle:
“Epic Games, the company behind “Fortnite,” filed an injunction against Apple on Thursday, accusing it of engaging in anticompetitive behavior via the App Store.
Earlier Thursday, Epic announced the ability to make in-game purchases directly through Epic, bypassing the 30% cut Apple and Google take from in-app purchases. In response, Apple pulled “Fortnite” from the App Store, though the game appeared to still be available on Google’s Play Store.”
Video Games Industry Shows No Signs of Slowing Down in Q2
Source: Digital Trends
“The video game industry scored massive revenue gains during the second quarter and there are signs its earnings will continue to soar for the foreseeable future.
American consumers spent $11.6 billion on video game hardware, software, and accessories during the second quarter, a gain of 30% compared to the same period last year, market researcher NPD reported on Monday, August 10. The spending also topped the $10.9 billion Americans spent in the first quarter of 2020.”
Daybreak Games Snags Cold Iron Studios — and Alien Game
The saga of Cold Iron Studios, which has landed at last, with a game in development for a famous sci-fi franchise:
Daybreak said that cofounder Craig Zinkievich will continue to run Cold Iron, which is in San Jose, California. The purchase price was not disclosed. Yes, in space, no one can hear you scream. And hopefully, the screaming of the Cold Iron’s developers will cease after they’ve been bounced around so long.”
Embracer Group Acquires Several Studios