Hints and tips:
Move away from unprofitable hardware peddler to fitness provider starts to pay off
...Consult a complete interactive list of all the books longlisted since the award began in 2005 at ig.ft.com/sites/business-book-award/ Additional research by Harvey Nriapia...
...“So I have to believe that interactive entertainment will continue to grow disproportionately to the rest of the audiovisual entertainment businesses”, he added....
...Critically, because the visuals are created within the graphic software, not filmed by a camera, the same content can be easily transformed for use in other genres, such as games and interactive VR platforms...
It was a darling with investors and customers. What went wrong?
...An Epic fight to keep the metaverse openThe boss of Fortnite’s owner Epic tells the Financial Times’s Patrick McGee about his worries that Apple and Google could extend their control over smartphone platforms...
...He says: “The Matrix Awakens is not a full game but rather a tech demo intended to show off Unreal Engine 5, the latest iteration of Epic’s software engine which powers many contemporary games....
...In the US, Epic Games sued the company last year for allegedly operating an illegal monopoly, but the games developer lost on nine of 10 counts....
...The two biggest independent makers of the engines that power video games, Unity Technologies and Epic Games, are stepping up their financing efforts to capitalise on the booming market for interactive entertainment...
...Interactive Investor, the UK’s second-biggest fund supermarket, says China-focused investment trusts and mutual funds feature strikingly among its biggest sellers so far this year — two out of four EM products...
...We need to change the cycle, writes the FT’s Robert Armstrong....
...Epic Games said in March that Fortnite, a popular “battle royale” game, had 250m registered users....
...Miss a product cycle, and the bottom can drop out of the business quickly....
...A version of this article was first published by the Nikkei Asian Review on March 6 2020. @2020 Nikkei Inc. All rights reserved....
...Epic Games, creator of Fortnite, said in November the free-to-play “battle royale” game had more than 200m players with registered accounts....
...Epic Games said in March that Fortnite had 250m registered users....
...As China Inc traversed the globe in search of returns over the past decade, India’s nascent mobile sector seemed a promising place to park....
...The loss-making group has amassed thousands of subscribers, each paying $39 a month to cycle at home on a Peloton stationary bike....
...Building resilient portfolios is always important but especially in this ‘late cycle’ environment,” said Jean Boivin, global head of research at BlackRock Investment Institute....
...If games are already luring Netflix’s audience away, Mr Hastings may be unnerved to learn that the interactive entertainment industry is now looking to steal his business model, too....
...Having beaten Microsoft, it had hoped to enter the next cycle as the console of choice for serious gamers....
...Still, company executives say the automotive business will be less volatile than smartphone screens since orders are steady, cycles are longer and profit margins are more attractive....
...Some analysts had worried that Activision Blizzard may have slipped in the quarter, thanks to the surge in popularity of rival Epic Games’ Fortnite game, as well as the lack of blockbuster releases from...
...The boom-bust cycle seems to be shallower.” The steady rise of Brookfield and others like it have diminished the role of families like the Ratners in New York....
...An epic, searching affair, it brings Lehman and his two brothers back to witness the eventual unravelling of their company....
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