How is the video game industry doing? This is a common question that underlies much of the business and trade industry press. Individual stocks’ quarterly reports give meaningful anecdotes, but there is not one good benchmark to provide the capital markets’ answer to that question over time. Until now.
Introducing the TriplePoint Video Game Index. It launched today, April 26th, 2021 for investing professionals on the Bloomberg Terminal (ticker: GAMER). Within a few weeks the data should be commonly available on public investing information sites such as Yahoo! Finance and Google Finance under the same ticker. (EDIT 4/27/21: GAMER is now available on Google Finance.)
In this week’s news, Epic Games announces $1.78 billion in funding, Blizzard faces employee complaints over unfair pay, and pundits debate the potential impact of President Trump’s Tencent ban on the gaming industry.
In this week’s news, Riot Games enters into (and then cancels) a a sponsorship deal with the controversial Saudi megacity Neom, Nintendo undergoes a massive “gigaleak” of old data, and the U.S. government grills big tech in antitrust hearings.
In this week’s news, Geoff Keighley hosts a live hands-on preview of the new DualSense PS5 controller, Google announces new games and features for Stadia, and Ubisoft is panned for a tone-deaf game reveal.
In this week’s news, the gaming industry looks to move to a $70 per game model in next gen consoles, Sony invests $250 million in Epic Games, and the UK government recommends that loot box mechanics be regulated under the same legislation as casinos.
This week’s news cycle has been almost entirely focused on the Black Lives Matter protests happening all over the country and in some cases, the world. As a result, this week’s TPoI will be focused on how major gaming companies have chosen to respond to the events of the week, events that have been either cancelled or delayed as a result, and the ongoing media response to actions taken by major corporations.
In this week’s news, Microsoft releases the preview version of an Xbox Family Settings app, Amazon’s foray into the hero shooter genre flops upon launch, and a company led by former HTC head Peter Chou announces plans to launch a new virtual reality headset later this year.
In this week’s gaming news, Epic Games looks to the future with the Unreal Engine 5, Tokyo Game Show and ChinaJoy respond differently to the COVID-19 pandemic, and two ex-Respawn developers partner up to form their own AAA gaming studio.
In this week’s gaming news breakdown, Microsoft gives viewers a glimpse into the lineup of games that will be available for the Xbox Series X, Fortnite celebrates itself with a digital concert, and YouTube makes an official streaming deal with notorious streamer PewDiePie.
In this week’s gaming news breakdown, Naughty Dog’s The Last Of Us Part II leaks online, Xbox Game Pass tops video game streaming services, and the gaming industry continues to shift due to the COVID-19 pandemic.