In The News
Today’s top story can be found in the League Land section.
The Uncharted movie received another series of shuffles after losing director Dan Trachtenberg. Meanwhile, PlayStation Productions has stepped in to join the production team, Deadline’s Mike Fleming Jr writes. “This film will become the first feature production of Sony PlayStation Productions, which was set up on the Sony lot last year by Asad Qizilbash and Carter Swan.”
Play Ventures closed its first round with $40 million to play with. “It invests in pre-seed and seed-stage gaming startups globally, with a focus on free-to-play mobile and PC opportunities,” Tech In Asia’s Dafizeck Bin Daud reports.
Razer and Tencent Cloud are partnering, VentureBeat’s Dean Takahashi reports. Razer also reported revenue increases. “The partners will help cloud gaming grow by coming together on gaming hardware and software standards … Razer said it grew its revenue for the first half to an all-time high of $357.2 million, up 30% from a year earlier. High-margin services grew 110.5% to $35.7 million. But the company still reported a net loss of $47.7 million for the period. The company has no debt and cash of $528.9 million.”
DICE is cancelling Battlefield V’s 5v5 mode, according to a blog post. “Not creating this mode was a tough decision, but vital for us to more quickly reach our bug-crushing and content goals…”
Scopely is expanding into Barcelona and Dublin, GI.biz’s Haydn Taylor reports. “The past year has also seen Scopely launch Star Trek Fleet Command, which has grossed $100 million since November 2018.”
Extra Esports News:
Millenial Esports has taken “a 51 percent stake in the market-leading motorsport simulator manufacturer, Allinsports,” according to a press release. “Millennial Esports will benefit from strong repeatable revenues from simulator sales and the development of new products as the racing esports market expands rapidly.”
DrLupo and Rekt Global are partnering for a “multi-year contract,” Takahashi writes. “Terms of the multi-year deal include Lupo serving as the face of Rogue through appearances, streams, and sponsorship activations.”
North and Sennheiser are partnering, ESI’s Adam Fitch reports. “As part of the deal, Sennheiser will provide its products for North’s Counter-Strike: Global Offensive, Apex Legends, and FIFA players to use when competing.”