business model

Epic Games founder Tim Sweeney likens fight against Apple to fight for civil rights

Source Node: https://techcrunch.com/2020/11/18/epic-games-founder-tim-sweeney-likens-fight-against-apple-to-fight-for-civil-rights/
Time Stamp: November 18, 2020 1:23 PM - Modified On: November 18, 2020 - Published By:
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Earlier today, Apple announced it will reduce the App Store commissions for smaller businesses so that developers earning less than $1 million per year pay a 15% commission on in-app purchases, rather than the standard 30% commission. Tim Sweeney, founder of Epic Games, says the move — an apparent reaction to current investigations into Apple by Congress, the European Union, the Justice Department and the Federal Trade Commission on antitrust grounds — doesn’t go nearly far enough. This morning, he told the Wall Street Journal that Apple is merely “hoping

Netflix CEO Talks Ads, Gaming, And An Employee Who Expensed $100,000 On Personal Vacations

Source Node: https://www.gamespot.com/articles/netflix-ceo-talks-ads-gaming-and-an-employee-who-e/1100-6481884/?ftag=CAD-01-10abi2f
Time Stamp: September 8, 2020 1:08 AM - Modified On: October 29, 2021 - Published By:
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Netflix CEO Reed Hastings has given an in-depth interview to Variety in which he speaks about why Netflix's business model is best suited without ads, if the company might ever get into gaming, and the employee who was reimbursed $100,000 before leaving the company.Regarding ads, Hastings said it's not a hard and fast rule that Netflix wants to avoid ads, but it just makes business sense to build the platform on a paid model versus ads."It's definitely not a rule. It's a judgment call… It's a belief we can build

GamerzClass Secures $1M Financing, Refreshes Board of Directors

Source Node: https://esportsobserver.com/gamerzclass-secures-1m-financing/
Time Stamp: September 4, 2020 8:07 AM - Modified On: September 4, 2020 - Published By:
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Danish educational esports platform GamerzClass raised a $1M USD financing round led by Copenhagen-based venture capital fund Bumble Ventures. As part of the investment, the company also refreshed its board of directors and presented a new strategy. Further investors in the financing round included London-based firm TrueSight Ventures, the danish growth fund Vækstfonden (which is also an investor in esports tournament organizer BLAST), former general partner at Index Ventures Ben Holmes, Christian Legêne, and former deputy director of TDC Group Kathrine Stampe Anderson, who also joins GamerzClass’ board of directors.

The Investments and Vision of Globo Group in Brazilian Esports

Source Node: https://esportsobserver.com/globo-brazil-esports-interview/
Time Stamp: August 18, 2020 9:33 AM - Modified On: August 18, 2020 - Published By:
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The rise of esports in Brazil had a powerful ally in Globo, the biggest communications group in the country and owner of the leading TV channel in the territory, who has heavily supported the scene and still invests in the development of it, even offering its own competitive initiatives. Following the announcement of a partnership between Globo, ESL, DreamHack, and others earlier this month, the Brazilian media company agreed to speak to The Esports Observer to share some of its views and insights. Today Globo has a number of investments

Journey Dev Talks About The Need For Less Predatory Microtransactions

Source Node: https://www.gamespot.com/articles/journey-dev-talks-about-the-need-for-less-predator/1100-6475072/
Time Stamp: March 22, 2020 11:36 PM - Modified On: March 22, 2020 - Published By:
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Thatgamecompany’s latest game Sky: Children of Light is, like many games in the crowded mobile market, built on a free-to-play model designed to be sustained by microtransactions. In an interview with GamesIndustry.biz, studio co-founder Jenova Chen has talked about the delicate balance needed to support an ongoing game financially without its in-game purchases feeling too predatory.Since its inception, Thatgamecompany’s games have bucked industry trends by focusing on interaction and exploration in a market flooded with action and combat. Their latest mobile game Sky: Children of Light, currently available for iOS,

Netflix Says Viewership Is Up In Coronavirus Crisis

Source Node: https://www.gamespot.com/articles/netflix-says-viewership-is-up-in-coronavirus-crisi/1100-6475067/
Time Stamp: March 22, 2020 9:17 PM - Modified On: March 22, 2020 - Published By:
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Netflix’s chief content officer Ted Sarandos has confirmed what we all suspected--lots of people are streaming movies and TV right now. In an interview with CNN's Reliable Sources, Sarandos talked about all the ways the COVID-19 (coronavirus) has affected the streaming giant, both good and bad.While streams are up from those stuck at home, production of new content has been majorly disrupted. "Every one of our productions around the world are shut down,” Sarandos said. “I believe that's unprecedented in history." This includes some of Netflix's biggest-name productions like The

The internet changed gaming forever. How’s player support keeping up?

Source Node: https://unbabel.com/blog/player-support/
Time Stamp: October 3, 2019 12:21 PM - Modified On: October 3, 2019 - Published By:
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“Gaming has changed,” I thought to myself as I slowly maneuvered past the young cosplayers crowding the halls at Gamescom, the largest gaming conference in Europe for players and industry professionals.I thought back to my childhood, and the games I grew up with. Mario and Sonic were still present, I could still find Street Fighter and Fallout merchandise, and FIFA 20 was, somewhat expectedly, huge. But that was pretty much it — the gaming universe I used to know, tucked in between massive displays of games I’ve never heard of.

Malmö, Sweden — Global Gaming 555 AB Interim Report January-September 2018

Source Node: https://globalgaming.com/2018/11/22/global-gaming-555-ab-interim-report-january-september-2018/
Time Stamp: November 22, 2018 3:12 AM - Modified On: November 22, 2018 - Published By:
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Quarter 3, July – September 2018 Revenue up 93 percent to SEK 253.1 (131.4) million. Operating profit increased to SEK 60.3 (42.1) million. Profit after tax increased to SEK 54.3 (37.0) million, corresponding to SEK 1.33 (0.96) per share. Cash flow from operations SEK 59.8 (60.8) million. Interim period, January – September 2018 Revenue increased to SEK 679.5 (283.4) million, corresponding to a growth of 140 percent. Operating profit SEK 130.6 (80.0) million, up 63 percent. Profit after tax SEK 109.0 (70.4) million, corresponding to SEK 2.70 (1.82) per share.