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...The early popularisation of K-dramas in China, Japan and south-east Asia opened the door to other media genres, such as films, music and gaming, as well as beauty and food....
...In 2021, Second Life, a virtual reality gaming platform, had a GDP of $650mn, making it larger than some small countries....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...There was a March release date given for Gran Turismo 7 and the unfortunate slippage of Grand Theft Auto V from November to March. Axios has more....
...Friday’s ruling, in effect, extends this to gaming apps which account for more than 70 per cent of all App Store revenues. 2....
...as a bundle in a cloud gaming service....
...MPL operates a pure-play gaming platform that hosts a range of tournaments. The app, which has amassed more than 60m users, also serves as a publishing platform for other gaming firms....
...Polo Tang of UBS remains a seller: [V]isibility on the bigger picture issues remains limited....
...They also offer some relief to investors who feared that the rise of games like Fortnite would undercut some of the big gaming companies’ momentum....
...A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
....” ————————————————– News: Amazon agrees to buy Whole Foods for $13.7bn Lex: Grain of truth Video Lex on Whole Foods takeover FT Alphaville: Whole Foods v the activists Markets: Investors gobble up...
...“You can’t put Grand Theft Auto V on an iPhone, it’s not the same experience. People were thinking about them like software companies when they should look at them like television and movies.”...
...Amazonfresh v Ocado Brooke Masters has been comparing Amazon’s Fresh grocery delivery service, launched in the UK this week, with her regular home deliveries from Ocado. Fresh had one key flaw....
...(Reuters) EA creates esports division Electronic Arts is pushing into esports with a new branch of the company: the EA Competitive Gaming Division....
...Beneath the bright pixels and bubbly sound effects, digital gaming is a brutal industry....
...This article has been amended since first publication to show correct figures for the chart labelled “Traditional v online TV”. Back to the top of the page...
...It added shareholders in Las Vegas-based IGT, which designs and makes computerised gaming systems, would receive $13.69 in cash plus 0.1819 shares in the new company, equivalent to $18.25 per share....
...Wm Morrison has suspended its treasurer after he was arrested on suspicion of insider trading before the supermarket chain’s tie-up with online grocer Ocado....
...These use a combination of physics simulations, artificial intelligence and biomechanics to create lifelike, responsive movements, and are used in hit console games such as Grand Theft Auto V....
...Meanwhile online gaming sales are expected to grow at 8 per cent a year, mobile gaming at 10. This shift raises strategic questions....
...While it thrives, other UK gaming studios have struggled amid competition from Canada and consumers’ transition to smartphones....
...As well as receiving stellar reviews by gaming industry press, GTA V has been hailed by cultural commentators as the latest example of how electronic entertainment can match or even better movies in artistic...
...Take-Two finally announced a release date for Grand Theft Auto V last week – September 17 – but this was a quarter later than expected....
...Nor has Activision acquired any major social gaming companies. Electronic Arts bought Playfish in 2009, and Disney acquired Playdom last year....
...Zynga, the social gaming developer, goes public even before it has written a line of code....
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