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venturebeat | February 04, 2020
The PlayStation 5 is coming. Sony Interactive Entertainment is launching the next-generation console this holiday. And one of the ways you can tell it’s imminent is that the company’s current games business is going through a cyclical decline. As part of its third-quarter earnings report, Sony announced that PlayStation sales dropped 20% compared to the same period in the previous fiscal year. Sony’s Game & Network Services Segment generated 632.1 billion yen ($5.8 billion)...
venturebeat | April 02, 2020
Lightheart Entertainment has raised $1.4 million in seed funding for what it calls “hyper core” mobile games, which it says are deep enough to entertain hardcore gamers while still having accessible features. Galaxy Interactive, using the Galaxy EOS VC Fund, led the investment round. The money will be used to grow the company’s first game, Mr. Autofire, and execute on its product strategy. The Helsinki-based Lightheart Entertainment started in 2019, with the investment initiall...
beingAI | September 14, 2021
MyXR Inc., a global leader for SaaS XR and engagement software, and beingAI Limited, the world’s first transmedia AI company, announce a strategic partnership to bring artificial intelligence (AI), augmented reality (AR), gamification, and digital entertainment to consumers through artificially intelligent characters (AI beings). The companies plan to collaborate on multiple fronts, including technology and product development, sales and marketing, and promoting sustainability and social r...
venturebea | March 25, 2020
Digital Legends Entertainment, a mobile game developer in Spain, has released Respawnables Heroes worldwide on the Apple App Store today. Respawnables Heroes is a tactical team-based action game. It has player-vs.-player multiplayer matches where four players square off against four others. Thanks to the popularity of franchises like Respawnables, Barcelona-based Digital Legends has had more than 100 million downloads to date. This game is its fifth iteration on third-person shooters, and the Re...
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