Weekly Gaming News Recap it is! Today the week of August 23rd-30th 2020.
We have had an eventful week in the gaming industry, a lot has been happening lately and this week we have covered a lot of interesting and exciting news for you. If you didn’t get a chance to follow any of the news, don’t you worry, we are here to summarize all the things that you need to know about the gaming industry this past week. Let’s hook you up with hot news of the week.
As you all know that from the past couple of weeks things got pretty heated up between Epic Games and Apple; both are fighting their battle in court. This dispute between David and Goliath (you choose) is by no means a small one, it can influence a lot in the industry and its ripples will affect a lot of companies and events. Apple is in the favor of status quo while Epic is highly critical of Apple’s policies and business practices. Epic used its Fortnite event to gather support and mock Apple when it released the Nineteen Eighty Four Short Film. It seems to me that Epic is in the mood to weaponize its audience of millions against Apple by making them angry and creating a right hashtag that will eventually serve Epic’s interests. As of now, Epic has lost its access to Apple’s iOS developer’s accounts and tools, moreover, Fortnite is taken off from the Apple store by Apple. So yeah, no more updates for Fortnite fans on iOS.
An exciting development, Hiberworld successfully raised $2.25 million for the growth and development of its already successful browser-game platform. The funding round around this time saw some existing as well as new members; Luminar Ventures and Wild Sloths OY as existing members joined by Bumble Ventures, Konvoy Ventures, GFR Fund, and SYBO as new. Mathias Gredal Norvig, CEO of SYBO, joined Hiber’s board of directors.
But things weren’t all good for Unity, the creator of the famous Unity Game Engine, as it filed for an IPO. Despite its huge success Unity reported a massive loss of $163.2 million from total revenue of $541.8 million. The company also revealed losses it bore in 2018; $131.6 million on revenues of $380.7 million.
But DC games and Warner Bros are surely gonna make a lot of bucks Gotham Knights official trailer was revealed in DC FanDome and I kid you not it is freaking awesome. Its initial release date is 2021 and the gameplay and storyline are going to make the wait all more difficult.
Another game that blasted the record charts worldwide was the Fall Guys which crossed the 7 million mark this week. It has become the most downloaded game in the history of PS Plus. This Mediatonic juggernaut is unstoppable in its objective of world domination. This fun, cute and goofy battle royale game is already getting its new season with awesome new content.
And lastly, a Gamescom Opening Night Live event was a huge success. It showcased awesome trailers and important announcements that included everything from Fall Guys to upcoming Star Wars: Squadrons and COD: Black Ops Cold War. Eleven awesome trailers got released like Star Wars: Squadrons, Twelve Minutes, Ratchet and Clank: Rift Apart, Doom Eternal: The Ancient Gods, and much more.
Reinout is a games investor and strategic business consultant specializing in the games industry. Reinout established his credentials through his own successful investments, start-ups, consulting and (advisory) board positions that led through time to strong bonds with key stakeholders in this fast paced industry. He is known for his outstanding results in the gaming industry. He has worked with many game studios around the globe and is therefore well known in the international gaming industry.
With over 20+ years of experience, well known publishers, AAA+ game developers, serial gaming entrepreneurs and management teams of gaming corporations consult him on matters that behold financial, technical, operational, strategic and commercial.
I am observing and overseeing several boards of gaming companies. My trademark is to listen, strategize and give feedback to the stakeholders involved. I also represent management/founders towards shareholders and vice versa.