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Posts tagged venturebeat

ArenaNet president defends microtransactions and in-game RMT in Guild Wars 2

MMOs have to make money; that's a fact of life (and of business) ArenaNet President Mike O'Brien knows quite well. In an interview with VentureBeat, O'Brien explained how the studio is handling the monetization for Guild Wars 2 and blasts RMT companies for their practices. O'Brien addressed...

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Men outspend women on mobile social games

Ladies (or gentlemen), is your man a gamer? If so, you may finally have a worthwhile retort for the next time he scoffs and rolls his eyes at that $10 non-combat pet you just had to have. A recent study by MocoSpace surveyed 1,500 "mobile social gamers" about their spending practices within...

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Study finds that 75% of online gamers purchase virtual goods

Are you one of the steadfast, stalwart gamers who absolutely refuses to shell out money on cash shops, microtransactions and virtual services apart from subscriptions? If so, you're in the minority -- a study by VGMarket showed that three out of every four online gamers purchased a virtual good in...

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Sparkplay Media secures more funding, may introduce new projects outside Earth Eternal

Sparkplay Media, the team behind the browser/client hybrid free-to-play title Earth Eternal, has just wrangled up an additional 2.8 million dollars in investments, according to a filing within the SEC. The team is certainly showing growth, as noted in a recent interview with the new lead...

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Microtransactions anticipated by game industry professionals

If you thought microtransactions weren't taking off, think again. In a recently conducted survey by VentureBeat, the microtransaction business model was voted the most impactful area of the games industry by a sample of 160 industry professionals. The second place choice for the professionals who...

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Red Eagle Games to develop The Wheel of Time MMO

Red Eagle Games is a relative newcomer to video game publishing, but their first MMO will be based off of a well-established IP -- Robert Jordan's "The Wheel of Time" series of novels, which are a blend of fantasy and eastern mysticism. Although Jordan passed away in 2007, he left behind 11 novels...

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Green-themed kids' game nabs $3.2 million in funding

Fluid Entertainment, a game company that employs only 14 people, has raised an impressive $3.2 million in funding for the development of a Flash-based online social game for kids aged 6 - 11. The game has an environment-friendly theme. After the successes of Webkinz and Club Penguin, these...

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