Activision Blizzard

PlayVS and the National Federation of State High School Associations (NFHS) Network Sign Multi-Year Partnership to Expand Varsity Esports Across the U.S.

Retrieved on: 
Wednesday, January 31, 2024
Partnership, LOS, Growth, Parent, Electronic Arts, Activision Blizzard, Socialization, Special Olympics, School, Mental health, NFHS, Indian Olympic Association, Student, Software, Video game

LOS ANGELES, Jan. 31, 2024 /PRNewswire/ -- PlayVS the leading esports platform for high school leagues in North America, has announced that it has extended its official partnership with the National Federation of High School Associations (NFHS) Network through 2028. In partnership with the NFHS Network, PlayVS will expand its mission to bring the powerful benefits of esports to students everywhere.

Key Points: 
  • In partnership with the NFHS Network, PlayVS will expand its mission to bring the powerful benefits of esports to students everywhere.
  • Since partnering in 2018, PlayVS and the NFHS Network have propelled high school esports into the mainstream.
  • Together, the two have transformed high school esports into one of the fastest-growing sports in the country.
  • Nearly half (45%) of surveyed players say that esports are their very first experience participating in an extracurricular school activity.

Sequence Welcomes Games Industry Veteran and XBLA Creator Greg Canessa to Drive Web3 Gaming

Retrieved on: 
Thursday, January 25, 2024
Technology, Mobile, Wireless, Electronic Games, Audio, Video, Entertainment, Online, Web3, Blockchain, Small Business, Professional Services, Other Technology, Software, Internet, VoIP, Call, Hexic, Call of Duty, Polygon, Microsoft, Software as a service, Blizzard Entertainment, Ecosystem, GM, AAA, GSN, PopCap Games, StarCraft, UNO, Ubisoft, Xbox Live Arcade, Speed of light, Publishing, PC, Strategy, Business operations, Marketing, Plant, VentureBeat, Activision Blizzard, XBLA, Video game

Sequence , the leading development platform for web3 games, welcomes Greg Canessa, former GM and Creator of Xbox Live Arcade, as its new President and Chief Operating Officer.

Key Points: 
  • Sequence , the leading development platform for web3 games, welcomes Greg Canessa, former GM and Creator of Xbox Live Arcade, as its new President and Chief Operating Officer.
  • Notably, Canessa was the GM and Creator of Xbox Live Arcade (XBLA) during his time at Microsoft from 2000 to 2007.
  • Canessa's appointment comes at an important time for Sequence, as it expands its ecosystem of games and strategic partnerships across web3 and gaming.
  • The all-in-one development platform Sequence lets developers easily incorporate web3 into their games to onboard, monetize, grow, and retain players.

iCandy Games Limited Announces Development of Decentralized Gaming Infrastructure and Tools on zkSync

Retrieved on: 
Thursday, January 18, 2024
Ethereum, Knowledge, Marvel, Spider-Man, Ecosystem, Avenger, ZK, Blockchain, Mortal Kombat, Engineering, Activision Blizzard, SVP, Video game

The Layer2 hyperchain will have gaming and AI-specific tools, decentralized gaming infrastructure, developer resources, and a general game development ecosystem.

Key Points: 
  • The Layer2 hyperchain will have gaming and AI-specific tools, decentralized gaming infrastructure, developer resources, and a general game development ecosystem.
  • iCandy Games Limited ("iCandy"), is a fully owned subsidiary of iCandy Interactive Limited, the largest independent game developer in Southeast Asia with over 700 full-time employees and seven independent studios.
  • zkCandy will work on the incubation and encouragement of the development and deployment of new Web3 games to the zk Layer2 ecosystem.
  • zkCandy will begin its work by developing and deploying three casual-player Web3 games on zkSync in Q1 2024.

Enthusiast Gaming Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Sale, Rocket League, EDGAR, Activision Blizzard, Luminosity, EGLX, Super Smash, Conference, Growth, Gamescom, TSX, News, Webcast, Fortnite Creative, Canadian Tire money, Enthusiast Gaming, Conference call, Truth Initiative, Shell, Enthusiasm, Comscore, Content, AT&T, User (computing), Paramount Pictures, Bank statement, Collection, Luminosity Gaming, Season 2, Culture, ESPN, NFL, PGC, Netflix, UPS, Pageview, FX Networks, Shock wave, Stage 4, Commercial software, Coca-Cola, Fortnite, OLG, MD, Video game, Mobile phone, Cryptocurrency

“We are making solid progress against our strategy to build the most scaled gaming communities in North America -- and a platform for significant growth,” commented Nick Brien, Chief Executive Officer. “Our efforts include sweeping changes across nearly every facet of the organization that are positioning the company for growth, profitability and value creation. As a measure of our progress, in the quarter we booked our largest branded solutions sale to date. We continue to expect to be profitable in the fourth quarter, entering next year as a self-sustaining business as we shift from a year of transformation velocity in 2023 to a year of growth velocity in 2024.”

Key Points: 
  • LOS ANGELES, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three and nine months ended September 30, 2023 (“Q3 2023”).
  • The results represent 28% year-over-year growth in Unique Visitor traffic to Enthusiast Gaming’s digital media Property of gaming communities, content, and creators (Comscore Media Metrix® Multi-Platform, Total Audience, September 2023, U.S.).
  • Results in Q3 2023 and Q3 2022 included a non-cash impairment expense of $51.7 million and $31.3 million respectively.
  • Conference call details:
    A replay of the webcast will be available on the Investor page of the Enthusiast Gaming website at enthusiastgaming.com/investors.

Pudgy Penguins Announces Pudgy World Alpha Powered by zkSync at Art Basel Miami

Retrieved on: 
Sunday, December 10, 2023
Ethereum, Sale, IP, C-Netz, Art Basel, LOS, Blockchain, Ecosystem, NFT, Friends, Era, Alpha, Activision Blizzard, Walmart, ZK, Life, SVP, Cryptocurrency, Video game, Toy, Pudgy, Growth, Web3

LOS ANGELES, Dec. 9, 2023 /PRNewswire/ -- Pudgy Penguins, the IP and brand development company behind the series of globally recognized characters and one of the most popular NFT collections, today announced the upcoming alpha launch of Pudgy World, with a trailer at Art Basel Miami. Pudgy World, powered by zkSync Era, is an immersive, digital environment accessible to Pudgy Penguins NFT holders, Pudgy Toy owners, the brand's line of NFT-inspired toys, and adventurous gamers alike. Players will be able to explore an open world, customize their unique penguin characters, embark on a story-driven journey, and interact with friends along the way.  The alpha will launch in Q1 of 2024.

Key Points: 
  • Pudgy World, powered by zkSync Era , is an immersive, digital environment accessible to Pudgy Penguins NFT holders, Pudgy Toy owners, the brand's line of NFT-inspired toys, and adventurous gamers alike.
  • Gamers do not need to purchase a Pudgy Toy or hold a Pudgy NFT to play the alpha version of Pudgy World.
  • Players will eventually be able to partake in the Pudgy World game economy once the official Pudgy World exits a later phase.
  • At an exclusive event during Art Basel, Pudgy Penguins CEO, Luca Netz, addressed attendees to announce the launch of Pudgy World accompanied by an animated video detailing the expansion.

Brand growth slows finds Interbrand's Best Global Brands Report 2023

Retrieved on: 
Tuesday, November 21, 2023
Coca-Cola, BMW, Acquisition, EBIT, Restaurant, BGB, Stagnation, Connect, Activision Blizzard, Apple, Growth, Arenas, Microsoft, IPhone, LEGO, Tourism, Video game, Telecommunications, Automotive industry, Marketing, Generic drug, Airbnb, Porsche, Nike, Ferrari, AI, Thrive, Hyundai

This follows a longer-term trend in which brands operating exclusively in one sector, taking an incremental approach, have experienced slower brand value growth.

Key Points: 
  • This follows a longer-term trend in which brands operating exclusively in one sector, taking an incremental approach, have experienced slower brand value growth.
  • Gonzalo Brujó, Global CEO of Interbrand, said: "After a few years of strong brand growth, we have entered a period of stagnation, with this year's table showing moderate growth in overall brand value.
  • Those who can successfully leverage their brand into new consumer pools of potential will reap the rewards of strong brand growth."
  • [1] +81.5% Revenue CAGR vs. the average, 2018-2022
    [2] +43.8% revenue growth estimates vs. average
    [3] +33.7% EBIT growth estimates vs. average
    [4] +4.8pp Brand Value growth vs. average
    Kathleen Hall, Chief Brand Officer, Microsoft, said: "We are honored to be recognized for continued strong growth in the Best Global Brands ranking this year.

Brand growth slows finds Interbrand's Best Global Brands Report 2023

Retrieved on: 
Tuesday, November 21, 2023
Coca-Cola, BMW, Acquisition, EBIT, Restaurant, BGB, Stagnation, Connect, Activision Blizzard, Apple, Growth, Arenas, Microsoft, IPhone, LEGO, Tourism, Video game, Telecommunications, Automotive industry, Marketing, Generic drug, Airbnb, Porsche, Nike, Ferrari, AI, Thrive, Hyundai

This follows a longer-term trend in which brands operating exclusively in one sector, taking an incremental approach, have experienced slower brand value growth.

Key Points: 
  • This follows a longer-term trend in which brands operating exclusively in one sector, taking an incremental approach, have experienced slower brand value growth.
  • Gonzalo Brujó, Global CEO of Interbrand, said: "After a few years of strong brand growth, we have entered a period of stagnation, with this year's table showing moderate growth in overall brand value.
  • Those who can successfully leverage their brand into new consumer pools of potential will reap the rewards of strong brand growth."
  • [1] +81.5% Revenue CAGR vs. the average, 2018-2022
    [2] +43.8% revenue growth estimates vs. average
    [3] +33.7% EBIT growth estimates vs. average
    [4] +4.8pp Brand Value growth vs. average
    Kathleen Hall, Chief Brand Officer, Microsoft, said: "We are honored to be recognized for continued strong growth in the Best Global Brands ranking this year.

Microsoft Announces Expiration and Final Results of its Private Exchange Offers and Consent Solicitations

Retrieved on: 
Wednesday, November 15, 2023
Sale, Personal Information Agent, Security (finance), Note, Exchange, Initial exchange offering, Bank, Person, Activision Blizzard, SEC Rule 144A, Microsoft, Letter, Property management

The final settlement of the Exchange Offers is expected to take place on or about November 16, 2023 (the "Final Settlement").

Key Points: 
  • The final settlement of the Exchange Offers is expected to take place on or about November 16, 2023 (the "Final Settlement").
  • The Final Settlement Notes will be Microsoft's senior unsecured obligations and rank equally with Microsoft's other unsecured and unsubordinated debt from time to time outstanding.
  • King & Co., Inc. is acting as the Exchange Agent and Information Agent in connection with the Exchange Offers and Consent Solicitations.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offers.

Sprout Social Announces Third Quarter 2023 Financial Results Above Guidance Range

Retrieved on: 
Thursday, November 2, 2023
Online, Danaher, ARR, Social media, SPT, Camping World, Mercado Libre, NYU Langone Health, Niagara Falls Reporter, GAAP, Activision Blizzard, Social media analytics, Harman International, RPO, Central Time, CFO, Hormel Foods, Investment, American Honda Motor Company, Acceleration, Video game, Cryptocurrency, Bank, Risk management, Security (finance)

CHICAGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • CHICAGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its third quarter ended September 30, 2023.
  • “We’re pleased to share incredibly strong third quarter results,” said Justyn Howard, Sprout Social’s CEO and co-founder.
  • Non-GAAP operating loss was ($0.6) million, compared to a Non-GAAP operating loss of ($1.4) million in the third quarter of 2022.
  • Recognized by G2’s 2023 Fall Reports as a leader across 138 categories including Social Customer Service, Social Media Analytics and Best Results for Enterprise Customers ( here ).

Gaming Market size to grow by USD 102.13 billion from 2022 to 2027, The growing adoption of AR and VR games to drive market growth - Technavio

Retrieved on: 
Monday, November 6, 2023
Online, Apple Inc., DeNA, VR, Niantic, Inc., Ubisoft, Microsoft, Activision Blizzard, Electronic Arts, CAPEX, Universal City Studios, Inc. v. Nintendo Co., Ltd., Walt Disney, R, Geography, Sony, In re Walt Disney Co. Derivative Litigation, Sample, Growth, Bowlero Corporation, Risk, Video, USD, Gun, Overalls, AR, Personal computer, Video game, Retail, Cryptocurrency

NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The gaming market size is forecast to increase by USD 102.13 billion from 2022 to 2027.
  • The market is expected to be progressing at a CAGR of 9.12%, according to a recent market study by Technavio.
  • Therefore, increasing adoption of AR and VR games will drive the growth of the market during the forecast period.
  • The market share growth by the casual gaming segment will be significant for overall market growth during the forecast period.