GamingNews

Electronic Arts is acquiring mobile game developer Glu Mobile

February 11, 2021
Electronic Arts will acquire mobile game developer Glu Mobile in a deal worth $2.4 billion. Glu shareholders will receive $12.50 in cash for each share they hold, a 36% premium over the closing share price on February 5 (note: Glu has $364 million in net cash). Glu Mobile is known for casual games (including many board game conversions), celebrity-themed games (including Kim Kardashian: Hollywood…
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GamingNews

Sonic the Hedgehog 2 movie gets April 8, 2022 release date

February 10, 2021
Paramount Pictures announced today that Sonic the Hedgehog 2 movie will come out on April 8, 2022. The first Sonic movie came out on February 14. After redesigning its CG lead character following online backlash, the movie became a surprise hit. It was one of the last major theater releases before the pandemic started, and it ended up grossing about $320 million worldwide. Spoilers for that…
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GamingNews

Ubisoft has its strongest quarter in company history

February 9, 2021
Ubisoft has posted its financial results for the third quarter of 2020-2021, boasting its best quarter ever. The period ended on December 31. During the three months, Ubisoft released huge games, including Assassin’s Creed: Valhalla, Immortals: Fenyx Rising, and Watch Dogs: Legion. The popular Just Dance franchise also debuted its latest entry. Ubisoft reported net bookings of about $1.212…
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GamingNews

Electronic Arts acquires Glu Mobile for $2.4 billion

February 9, 2021
Electronic Arts is getting into the Kim Kardashian business. At least, that is the case if its deal to grab mobile gaming behemoth Glu Mobile goes through. EA announced its plans today to acquire Glu in a deal worth $2.4 billion. The companies expect the acquisition to close…
GamingNews

Component shortages hit PS5, will Battlefield go free-to-play, and more | GB Decides 182

February 6, 2021
The gaming industry dropped a load of financial news over the last week. That has left the GamesBeat Decides crew to talk about PlayStation 5sales, component shortages, and more on this week’s episode. Join GamesBeat editors Mike Minotti and Jeff Grubb as they tackle the week’s news and discuss whether Battlefield 6 will have any free-to-play components. Mike is also weirded out by a…
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