business

Blockchain Gamers Earned $20M in Their First Year

New research compares how much gamers and game developers made in the year following the launches of some of the most popular blockchain-based games.  According to data from Flipside Crypto, the overwhelming majority of revenue was earned by just one, very famous, game. Revenue Earned By Blockchain Gamers & Gaming Companie Cat breeding is very lucrative No one could have envisioned that cat breeding could become such a lucrative business. CryptoKitties generated $27 million in revenue in the first year with $7 million going to the company and $20 million

Activision Blizzard Defends Bobby Kotick’s Salary As Shareholder Calls For Changes To His Pay

Activision Blizzard CEO Bobby Kotick is one of the highest-paid executives not only in video games, but across the entire entertainment media industry. He made more than $30 million in 2019. One of the company's shareholders, The CtW Investment Group, is now calling on other stakeholders to vote against a measure that gives the company freedom to pay Kotick high rates. [Update: Activision Blizzard has responded with a statement, which you can see below] In a filing with the United States government, The CtW Investment Groups' director Dieter Waizenegger called

SwitchArcade Round-Up: ‘Shantae & the Seven Sirens’ Review, Today’s New Releases, and the Latest Sales Featuring ‘Resident Evil’ and More

Hello gentle readers, and welcome to the SwitchArcade Round-Up for June 2nd, 2020. Not much gaming news right now, perhaps understandably so. We do have one new release to check out, and there is a full review of WayForward’s Shantae and the Seven Sirens for you to peruse at your leisure. We’ve also got a surprisingly decent list of new sales to dig into, with the lowest prices we’ve seen yet on Capcom’s Resident Evil ports. Let’s get to it! Reviews Shantae & the Seven Sirens ($29.99) I have a

Nik Wallenda’s Daredevil Rally Drive-in Thrill Show Coming to…

“We wanted to provide quality family entertainment during what has been a tough time for our nation and the world,” said Wallenda SARASOTA, Fla. (PRWEB) May 29, 2020 The “King of the High Wire” – Nik Wallenda – will stage a Daredevil Rally Drive-in Thrill Show at Nathan Benderson Park the weekends of June 5-7 and June 11-14, it was announced here today. Presented by the Fran Haasch Law Group and Tri County Air, the shows will feature Wallenda and his wife, Erendira Wallenda, as well as internationally renowned daredevil

Guy Fieri Raises $20 Million For Out-Of-Work Restaurant Workers

In the midst of lockdowns and restaurant closures around the world due to the COVID-19 pandemic, Guy Fieri has stepped up to help provide aid to thousands of out-of-work restaurant staff, Variety reports.In partnership with the National Restaurant Association Educational Foundation, Fieri has helped to raise over $20 million, which will be distributed to restaurant workers experiencing hardship in grants of $500. In the last two months, over 40,000 of these grants have been awarded."I started thinking about my brothers and sisters in the restaurant business, and a bunch of

This Week in Apps: WWDC goes online, Android 11 delays, Facebook SDK turns into app kill switch

Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending 3 hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a combined $544 billion valuation,

Tokyo Game Show 2020 canceled over coronavirus concerns

One of the last of the major gaming events for 2020 is biting the dust, as Tokyo Game Show 2020 will be held digitally. At this point, it feels like every last event for the year has been canceled due to COVID-19. And while Japan appears to be getting over the hump when it comes to the ongoing pandemic, the organizers behind Tokyo Game Show are not about to take any chances. On Thursday, the Computer Entertainment Supplier's Association confirmed that this year's show will not take place and instead

Japanese video game ratings board CERO reopens for business this week

After closing in compliance of the Tokyo, Japan shut down due to the COVID-19 coronavirus, video game ratings board CERO is re-opening in early May. As businesses have closed and/or shifted gears in the gaming industry in response to various regulations regarding the COVID-19 coronavirus pandemic, one of the more noteworthy closings was that of the Japanese video game ratings board, the Computer Entertainment Ratings Organization (CERO). While the board closed its doors in response to a state of emergency announced in Tokyo, Japan, it would appear that CERO will