Latest Newzoo Report Shows Significant Revenue Growth In The Games Industry...Especially For Tencent
According to the firm, game revenues are up 22% from last year, mostly thanks to mobile games. In fact, mobile games dominated the market, accounting for almost half of the top 10 companies’ revenue. Chinese gaming giant Tencent placed squarely at the front of the pack, thanks to its majority stake in League of Legends developer Riot Games, as well as various minority stakes in studios like Epic Games and Robot Entertainment, plus investments in mobile games overseas....