GamingNews

EA will crowdfund the prize pool for Apex Legends Global Series Championship to as much as $3M

May 18, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Electronic Arts said it will tap players to crowdfund the prize pool for the Apex Legends Global Series Championship to as much as $3 million. The prize pool will rise from $1 million based on fan purchases of special bundles in the free-to-play battle royale game Apex Legends, which has been downloaded more than 100 million…
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GamingNews

Ubisoft was already making fewer blockbuster games

May 13, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  French megapublisher Ubisoft reported its earnings yesterday, and chief financial officer Frederick Duguet gave some insight into how the company creates value for its shareholders. During a conference call with…
GamingNews

Electronic Arts sees 18% rise in bookings to $1.49 billion in Q1 2021

May 12, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Electronic Arts reported better-than-expected earnings today for the fourth-fiscal quarter ended March 31, as live operations and original titles carried it through a relatively quiet quarter. The Redwood City, California-based video game giant reported net income of $76 million, or 26 cents a share, on revenues of $1.35 billion…
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GamingNews

EA hypes up the next Battlefield ahead of its June reveal

May 12, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Electronic Arts CEO Andrew Wilson said that he believes the next Battlefield game coming later this year to the consoles and PC will be “spectacular.” EA now has multiple studios working on Battlefield —…
GamingNews

Ubisoft posts a record year thanks to Assassin’s Creed and its strong back catalog

May 11, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Ubisoft has released its financial report for 2020-21 — the period ending on March 31, 2021 — posting net bookings of $2.27 billion (€2.24 billion). That is up a massive 46.1% compared to the previous year. Assassin’s Creed: Valhalla, which came out last November, gave the company a big boost. According to Ubisoft, the franchise…
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GamingNews

EA Play digital event set for July 22

May 11, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Electronic Arts announced today that it will broadcast EA Play event on July 22. This is essentially EA’s E3-without-E3 show. The publisher has been doing its own thing separate from the big trade show in recent…
GamingNews

Non-electronic sports viewership grows on Twitch

May 11, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  The world has a lot more sports-related content than it can fit onto ESPN, Fox Sports, and AM Radio. And Twitch is helping to pick up that slack. The sports category is growing quickly following its debut in July.
GamingNews

Roblox hits Q1 bookings of $652.3 million, up 161%, in first report as public company

May 11, 2021
Did you miss GamesBeat Summit 2021? Watch on-demand here!  Roblox, the platform for Lego-like user-generated games, reported its earnings for the first time as a publicly traded company. This met analysts’ expectations. Bookings for the first quarter ended March 31 were $652.3 million, up 161% from the same quarter a year ago. Roblox has done well among its target audience of children and…
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