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CasarsaGuru/E+ via Getty Images Consumer spending on videogames in the second quarter eked out a 2% gain against very tough pandemic comps, giving some backup to bullish analysts who believe the year of stay-at-home orders won't just be a flash in the pan for the games industry. Data from NPD...
Netflix (NFLX) is taking its biggest one-day hit in months, down 3.8% after another earnings report focused on the company's post-lockdowns user-growth challenge. Subscriber additions of 1.54M topped the company's fairly lowball guidance for 1.12M, but a forecast for 3.5M net adds in the curr...
Brothers91/E+ via Getty Images Deals in the videogame industry surged to a record $60B in the first half, according to investment bank Drake Star Partners. More than 635 deals announced and closed in the first part of 2021, and the amount of money going into game acquisitions, investments and...
Palm Beach, FL – May 13, 2021 – The coronavirus lockdown caused huge revenue losses across countless industries and closed down a multitude of manufacturing facilities across the globe, putting a brake on production… but live video streaming activities have actual...
Merger activity increased last week with seven new deals announced. 24 deals announced in the month of April. The acquisition of Proofpoint by Thoma Bravo. For further details see: Merger Arbitrage Mondays - Standard Industries Finally Bags W. R. Grace
Electronic Arts (EA +0.4%) has completed its acquisition of Glu Mobile (GLUU), a deal at $2.1B in enterprise value set to spur mobile portfolio growth at EA. “We’re thrilled to welcome Glu Mobile to our Electronic Arts family,” says EA CEO Andrew Wilson. “The combi...
Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 PR Newswire NEW YORK , April 27, 2021 /PRNewswire/ -- S&a...
Genpact Limited (G) has jumped 9% after hours following news that it's joining the S&P MidCap 400. The stock is moving in as part of a shuffle around the acquisition of Glu Mobile (GLUU). Glu is set to be acquired by Electronic Arts, and so it will exit the SmallCap 600 index. Replacing i...
KeyBanc has turned its attention to the videogame sector via some insights in its consumer survey and first look data. And the bank is seeing a further shift into digital downloads vs. physical, with the figure cresting 50% for the first time in KeyBanc's survey. It's also noting a bit of an ...
Palm Beach, FL – April 8, 2021 – The eSports and Gaming Video Content industries have seen rapid growth in the past several years and is expected to accelerate in years to come due to several factors: the amount of viewers/subscribers of GVC and eSports will increa...
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Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600 PR Newswire NEW YORK , April 27, 2021 /PRNewswire/ -- S&a...
Juan Soto and Ronald Acuña Jr. featured as cover athletes on free-to-play baseball mobile game Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced the availability of MLB Tap Sports Baseball 2021 on the App Store and Go...