digital

riot-games-parent-company-tencent-to-acquire-major-uk-games-developer ESports News UK

Riot Games parent company Tencent to acquire major UK games developer

Riot Games parent company Tencent is set to purchase one of the UK’s well-known game development studios. Chinese gaming giant Tencent has made a bid worth almost £1bn to acquire Sumo Group, which owns Atomhawk, Pipeworks Studios and Secret Mode, as well as Sumo Digital, which consists of several UK studios including Sumo Nottingham and Sumo Sheffield. Sumo Digital has produced a range of games over the years, including LittleBigPlanet 3, Sackboy: A Big Adventure, Crackdown 3, several Forza titles and most recently Hood: Outlaws & Legends. Continue reading Riot Games parent company Tencent to acquire major UK games developer

esports-insider-announces-the-return-of-its-esi-digital-summer-2021-conference-and-start-up-investment-competition-the-clutch ESports News UK

Esports Insider announces the return of its ESI Digital Summer 2021 conference and start-up investment competition The Clutch

B2B esports events and media company Esports Insider has announced the return of the ESI Digital Summer conference on September 8th and 9th 2021. Esports News UK is once again a media partner for the event, which will bring together industry leaders in esports, sports and global brands to discuss and debate investment, esports ecosystems, education and more. ESI Digital Summer will have more than 60 speakers, 400 attendees and more than 16 hours of live content across two days, and is also offering networking opportunities for all attendees. Continue reading Esports Insider announces the return of its ESI Digital…

isle-of-man’s-first-professional-esports-organisation-receives-government-sponsorship ESports News UK

Isle of Man’s first professional esports organisation receives government sponsorship

The Isle of Man Government has announced its sponsorship of the Island’s first professional esports organisation, X7 Esports, which it says underlines its long-term commitment to the industry.   Digital Isle of Man, part of the Government’s Department for Enterprise, has sponsored X7, a new team with a roster in League of Legends which plans to enter other titles in the future. The team was founded on the Isle of Man in December 2020. Continue reading Isle of Man’s first professional esports organisation receives government sponsorship

85%-of-uk-video-games-spending-was-digital-in-2020 VG247

85% of UK video games spending was digital in 2020

By Alex Calvin, Wednesday, 3 March 2021 17:28 GMT Games made almost as much money as video and music combined.More than 85% of the money spent on video games in the UK last year was splashed on digital products.That’s according to data from the Entertainment Retailers Association – as spotted by GamesIndustry.biz – which says that 85.4% of consumer spending on games was for digital titles. In total the games industry raked in £4.4 billion, an increase of 17.7% year-on-year.Games made up 48% of entertainment spending – £7.8 billion – meaning that the medium brought in almost as much as…

consumer-spending-on-digital-games-is-up-14%-year-over-year VG247

Consumer spending on digital games is up 14% year-over-year

By Stephany Nunneley, Friday, 20 November 2020 20:21 GMT Folks have been spending quite a bit of money on digital games.Consumer spending on digital games is up 14% year-over-year to $10.6 billion according to numbers crunched by Superdata.According to the data, in October, console spending grew the fastest, with earnings from sales up 18% year-over-year (yoy).Mobile earnings were up 15% and digital for PC was up by 10%.Genshin Impact, released on September 28 for PC, mobile, and PS4, was October’s highest-grossing game.FIFA 21 sold 1.5 million digital units with revenue up compared to FIFA 20 launch month digital sales. The…