Activision-Blizzard, Sony and EVO, Nintendo – Business News of the Week

Sales figures, studio buyouts, financial reports … If you are interested in these topics, you’ve come to the right place. Each week we will come back to the video game business news in this section. On the agenda of this issue: Nintendo’s ambitions, the takeover of EVO by Sony, layoffs at Activision-Blizzard or the takeover of HB Games by Take-Two

Nintendo: On the way to an even stronger fiscal year 2021?

Earlier this year Nintendo released its numbers so we could learn that the Switch was approaching 80 million units sold, that Animal Crossing: New Horizons had sold more than 30 million units, and that we heralded a record year overall at the time of the annual report, the will be released after March 31st. Nintendo, however, appears to be even more optimistic about the coming fiscal year. According to Bloomberg, the Japanese company expects sales of the Switch to be maintained and even increase slightly, and that 250 million games will be sold, up from 205 at the moment. No official announcement at this time allows any official announcement to be assessed. It seems that the company run by Shuntaro Furukawa has a lot going for it through March 31, 2022. Obviously, we think of the famous Switch Pro or Switch V3 that is at the center of all rumors. This was compounded by NVIDIA’s announcement that it would consider discontinuing production of Tegra X1 SOCs and the very lingering rumors that Nintendo had ordered OLED screens from Samsung. We can also think that the Breath of the Wild sequel should be released by then and that other headlines will come to carry the machine.

Star Citizen: Raised over $ 350 million

Launched in open development nearly nine years ago, Star Citizen continues to draw players in and gain their support. If we look at the crowdfunding data available directly on the official website, we can see that the title has now raised more than $ 351 million from the roughly three million registered players. The title had hit 300 million in June 2020 and had one of its best months last November at $ 16.9 million. Star Citizen is constantly advancing through various updates, but the title and its solo counterpart to Squadron 42 don’t have a release date yet. The annual record in terms of money raised is 2020 at $ 77 million. It is currently unknown whether 2021 will set a new record.

Team17 made 2020 their best year

Team17 (Worms Rumble, Overcooked! All You Can Eat) announced that it had the highest sales in its history in calendar year 2020. The company achieved a turnover of 96.1 million euros, an increase of 34% compared to 2019. Thanks to a visibly very successful year, the company’s net profit rose from 19.2 to 25.4 million euros, although new releases only 22% of the Make up the total amount. In other words, it is Team17’s back catalog that generated most of its sales and net profit. The publisher is therefore planning an excellent 2020-2021 fiscal year, the results of which will be presented on March 31st after the close. At the beginning of the year, 13.5 million euros were spent on acquiring the Golf With Your Friends license. For the remainder of the year, the publisher has numerous releases and ports planned to accompany Rogue Heroes: Ruins of Tasos. We particularly find those of Hell Let Loose in 1.0 on PC, PS5, and Xbox Series, Worms Rumble, which will take the Xbox Series, One, and Nintendo Switch by storm, and Overcooked! Everything you can eat on Switch, Xbox One, and PS4.

Sony and RTS offer the EVO

The news fell on Thursday evening and surprised many observers: Sony and RTS, a subsidiary of the Endeavor Group, have teamed up to buy the EVO, the world’s largest fighting game tournament. The size of the deal was not disclosed, but the various players wanted to sort things out for the following. First, the buyout doesn’t exclude other platforms from the tournament. Then they announced that the next edition would be digital and will run from August 6th to 8th and August 13th to 15th on titles like Tekken 7, Street Fighter V: Champion Edition, Mortal Kombat 11 and Guilty Gear Strive will be released on June 11th. “The EVO will stay as it always was: an open format competition where fans of fighting games from different countries have the opportunity to socialize, test their skills and make new friends,” said one of the representatives of Sony Interactive Entertainment to mark this contest announcement. As a reminder, the 2020 edition was canceled due to allegations of pedophilia against Joey Cuellar, co-founder of the tournament in 1996. The latter is in no way involved in the organization of the EVO of the tournament.

Dontnod integrates the SELL

The origin of Life is Strange, Tell Me Why and Vampyr, Dontnod Entertainment joined the Syndicate of Leisure Software Publishers after opening a publishing center last year. This made Dontnod the 25th member of the group, commented Oskar Guilbert, CEO and founder of Dontnod: “This new step is important for DONTNOD and part of the desire to work for the development of an industry with a strong international influence French economy and made up of unique talents who must come into play in all their diversity. “As a reminder, in January last year Dontnod confirmed a minority stake in Tencent, which brought in 30 million euros. If it stays in the minority, global publishing giant Dontnod wants to help enter the Chinese market and arrive effectively on mobile devices.

Activision-Blizzard-King is filing and restructuring

After making headlines after laying off 800 people in 2019, Activision-Blizzard confirms that a new wave of layoffs in esports and event services is afoot. In these two sectors, which have been particularly hard hit by the health crisis, the workforce will therefore be reduced by 50 people. However, Bloomberg sources also cause deviations from King’s side, which would result in a total of 190 people affected. As usual, outgoing individuals should be escorted and receive at least 90 days of compensation, one year health insurance, and $ 200 in gift cards, the latter item no. Not failing to respond on the internet. A spokesperson used the announcement to make the following statement: “Increasingly, gamers are choosing to connect digitally to our games and the eSports team, like the traditional sports, entertainment and broadcasting industries, has had its business adjust the impact of the pandemic to live events. Overall, Activision-Blizzard is not trying to “degrease the mammoth” as there are so many recruiting positions currently open. During its annual review, Blizzard announced a target of 3,000 hires in 2021 This will not prevent the company from restructuring the group in Europe as the announced consolidation of publishing activities in the UK is likely to result in further layoffs.

Take-Two acquires HB Games and signs agreement with Tiger Woods

Publisher Take-Two Interactive announced on Tuesday the upcoming takeover of HB Games, to which we owe in collaboration with EA PGA Tour 2K21, The Golf Club or NBA Live 18/19. The acquisition is expected to close by the end of the month, but prices will not be released. The big news with this announcement, however, is nothing more than the signing of a partnership with golf legend Tiger Woods. The champion, affiliated with EA from 1998 to 2013, therefore granted 2K the right to use his name and image exclusively in the PGA Tour 2K franchise and all productions associated with it. The latter will even be quite invested, as he will be the advisor and managing director of the next licensed games. The latter explains, “I can’t wait to make my comeback in the video game industry and with 2K and HB Studios I have found the right partners to make it happen. I am honored to take this opportunity and I watch me.” I look forward to sharing my expertise and knowledge to build the future of golf video games together. “When the buyout is complete, HB Games will join the 31st Union, Visual Concepts, Firaxis, Hangar 13 and Cloud Chambers, all owned by 2K are. Also note that PGA Tour 2K21 has sold over 2 million copies worldwide, according to the NPD Group.

Briefly in the business news of the industry

Valheim? 6 million copies have now been sold. Dead Cells sold an additional 1 million copies a few days after it was launched in China. According to Kotaku and CtW, Bobby Kotick will receive a $ 200 million bonus tied to a clause in his contract based on the development of Activision Blizzard’s stock price. However, the group denied the amount. Super Bomberman R has sold over two million copies worldwide on Switch, PlayStation 4, Xbox One, and PC. As of July 1, Google will no longer generate 30%, but 15% of its revenue from applications and the third day, which is expected in 2023, will be published by Koch Media. Epic Games has acquired the photogrammetry software CaptureReality to be integrated into the Unreal Engine over the next few months. More business news for the week of March 15th