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March 19, 2019

TikTok parent Bytedance is getting serious about games

A turbulent 2018 for China’s gaming market hasn’t held back newcomers. Bytedance, the world’s most valuable startup behind a collection of rising new media apps including TikTok and Jinri Toutiao, is making a further push into video games after it took control of a mobile game developer through a roundabout deal.

According to a business registration filing, Shanghai Mokun has become wholly owned by Beijing Zhaoxi Guangnian, a second-tier subsidiary of Bytedance. Mokun is a mobile game developer previously owned by 37 Interactive Entertainment, a publicly listed games publisher that earmarked $791 million in revenue last year, which makes the [...]

 
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March 16, 2019

Owning a Call of Duty eSports franchise could cost $25 million

Activision Blizzard is apparently making headway with the launch of the city-based Call of Duty League it announced in February. According to ESPN, an esports executive from the company has already been meeting with prospective buyers — namely profe…
 
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February 15, 2019

Overwatch League’s premium pass wasn’t ready for its debut

If you tuned into opening night of Overwatch League’s second season, you likely noticed some changes to the production from last year. For instance, each player’s status bar at the top of the screen handily shows when a hero is hacked, stunned or fir…
 
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February 14, 2019

Four Hundred Blizzard France Employees Still Don’t Know If They’re Laid Off

By now, many of the people caught up in this week’s massive Activision Blizzard layoff have been informed that they’ve lost their jobs. But at Blizzard’s office in Versailles, France, more than 400 people are still waiting for news. And, due to complex French labor laws, it might be months before they find out what…

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