Jagex Finds VC Funds

FEB. 8, 2011 • Independent U.K. studio Jagex, creator of the hit MMO Runescape, sealed new agreements with venture capital firms to help fund upcoming projects.  Investments came in from three VC groups: Insight Venture Partners, Spectrum Equity Investors and The Raine Group. Cash and eq.....

HTC Invests in OnLive

FEB. 8, 2011 • Taiwan-based mobile phone manufacturer HTC invested $40 million in cloud streaming game service Onlive Inc. The investment gives HTC 5.3 million preferential shares of OnLive, each share priced at $7.50. The move was speculated to support content for HTC’s .....

Pocket Gems Taps $5 Million in Investment

DEC. 14, 2010 • Developer Pocket Gems, best known for its Tap Farm iPhone game, secured $5 million in investment led by Sequoia Capital. The Tap series of games is free to play and has generated millions of dollars in micro-transaction revenue. Pocket Gems intends to use the funding to expand its engineering team and to develop additional mobile content. Impact: It has only been a year since A.....

Free-to-Play MLB Manager

DEC. 14, 2010 • To correspond with the arrival of the next Major League Baseball season Sega of America will launch the F2P MLB Manager Online in North America, Japan and South Korea. Backed by licenses with the MLB Players Association and MLB, players can select from more than 900 players from all 30 U.S. Major League Baseball teams. Impact: The console MLB games market in the U.S. is current.....

GameStop Tries Social Games With Jolt Online Gaming

DEC. 14, 2010 • GameStop has jumped into the publishing of F2P social network games. Working with Jolt Online Gaming, GameStop announced the launch of Utopia Kingdoms on Facebook. The game has similarities to games from Blizzard’s Warcraft series. GameStop sees its arrival on Facebook as a great example of how to provide its customers with online games they can play anytime, anywhere and on any device. .....

Leapster Explorer Sells Out

DEC. 12, 2010 • A decade after toy maker LeapFrog saw enormous success with its LeapPad reading platform, the company has scored another major hit with its latest Leapster Explorer handheld educational gaming console. Geared for kids under nine years old, content is available on cartridges or vi.....

Gran Turismo 5 Ships 5.52 Million

DEC. 10, 2010 • After selling in 5.52 million units for the launch of Gran Turismo 5 worldwide, Sony Computer Entertainment announced that the franchise had exceeded sales of 60 million units since the original game was released in December 1997. Gran Turismo 5 is the ninth installment in the series. Impact: Gran Turismo 5 was not on every analysts’ radar to be a huge hit until recently than.....

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