Kliuless #58: Tencent Eyes the West's Console Market

Nov. 18, 2019
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Kliuless? Gaming Industry Insights #58

Hi, my name is Kenny Liu, and each week I compile a gaming industry insights newsletter that I publish broadly. Opinions are mine.

See more or subscribe at: https://tinyletter.com/kliuless

Revenue Strategy

Creative

Cross-Platform / Multi-Platform

  • Google Stadia's launch lineup includes 12 games

    • Related: Google plans to roll out Stadia features weekly after a barebones Nov. 19 launch 

  • Xbox Game Pass gets flood of new games, EA Access, and more

    • Related: Everything Microsoft announced at X019

    • Related: Xbox Game Pass subscriptions have doubled as its library continues to grow

  • Path of Exile 2 (and PoE Mobile) announced at ExileCon

PC / Console

  • Tencent wants to make console games with Nintendo IP to boost US and Europe presence

  • Tencent grabs 10 percent stake in UK game company Sumo Group

  • Prey developer Human Head shuts down; Bethesda hires team to open new studio

XR: AR / MR / VR

  • Flavourworks raises £3m to expand Touch Video platform

    • "This is the first time a game lets you reach out and touch a real, live-action world and have this world react to you in a meaningful way"

  • Bloomberg: Apple Plans Standalone AR and VR Gaming Headset by 2022 and Glasses Later

  • Cerberus Interactive acquires Tastebud, hoping to incentivize IRL purchases in its location-based title Atlas Empires

  • NYT: How Virtual Reality is Augmenting Realty (sic)  

Esports

  • Artist Capital Management raises $100 million fund to invest in esports

  • Value investor Joel Greenblatt says Vindex could solve a key hurdle in esports’ growth

    • ​[KL: Interesting to see one of my personal investor idols jump into the esports foray]

  • Immortals Gaming Club sells its Houston Outlaws Overwatch

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