TMCnet News

Gaming Industry's Newest Arrivals Continue to Drive Strong Growth Potentials With Biggest Increase Expected In Mobile Gaming - Company Announces Major Collaboration for New Mobile Game Development
[December 01, 2015]

Gaming Industry's Newest Arrivals Continue to Drive Strong Growth Potentials With Biggest Increase Expected In Mobile Gaming - Company Announces Major Collaboration for New Mobile Game Development


CORAL SPRINGS, Florida, December 1, 2015 /PRNewswire/ --

Digi-Capital forecasts that games software revenue will grow from $88 billion in 2015 to $110 billion by 2018 at 8% annual growth with Mobile games projected to generate more revenue than online games in 2015, as well as more revenue than console software.  Leading gaming publishers in the news are Tapinator, Inc. (OTC: TAPM), The9 Limited (NASDAQ: NCTY), Activision Blizzard, Inc. (NASDAQ: ATVI), Zynga, Inc. (NASDAQ: ZNGA) and King Digital Entertainment (NYSE:KING)

Tapinator, Inc. (OTC: TAPM), an emerging company within the mobile gaming industry, is pleased to announce it has partnered with MGM Interactive, a subsidiary of Metro-Goldwyn-Mayer Studios (MGM), to build a mobile game based on the legendary ROCKY movie franchise.Tapinator expects to launch the free-to-play mobile game worldwide in Q2 2016, coinciding with ROCKY's 40th anniversary.  "We are very excited to work with MGM in bringing ROCKY to mobile. Having grown up as a huge fan of the ROCKY movies and the Rocky Balboa character, it is a privilege to now bring this storied franchise to mobile devices," said Tapinator CEO, Ilya Nikolayev. "To date, Tapinator has launched seven games that have been featured in 'Best New Games' on iOS and the Company has created thirty-seven titles, each with over one million players. We look forward to making ROCKY one of our most successful games in 2016."

Read the full TAPM press release at http://www.financialnewsmedia.com/profiles/tapm.html

ROCKY follows the story of an uneducated, blue-collar worker turned famous boxer who inspired a nation to cheer for the "everyman" triumphing over all odds. The boxing saga launched in 1976 with the release of the original ROCKY, which was the highest grossing film of the year, producing an iconic Billboard #1 theme song, and was nominated for 10 Academy Awards®, winning three, including Best Picture. Spawning five sequels in a thirty-year period, from ROCKY II in 1979 to ROCKY BALBOA in 2006, the legendary franchise is one of Hollywood's most successful collections of stories ever produced.

In other gaming/publisher news and happenings:  The9 Limited (NASDAQ: NCTY), an online game developer and operator, announced last week that its joint venture Oriental Shiny Star Limited ("JVC") has entered into a license agreement with Smilegate Entertainment, Inc. ("SG"), a leading Korean game developer, for publishing and operating Cross Fire 2 on an exclusive basis for a five-year term in mainland China. In consideration for the exclusive license, JVC will make an upfront payment of US$50 million and additional payments totaling US$450 million based on certain development and operation milestones, as well as royalty payments based on future sales.

Skylands is abuzz with the holiday spirit and ready to supercharge kids' holiday wish lists with special toys, a new Skylanders® SuperChargersRacing Action Pack, Skylanders merchandise, Black Friday deals and more. To kick-start the season, Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (NASDAQ: ATVI), is offering a special holiday Skylanders® SuperChargers character Missile-Tow Dive-Clops. The fun-loving character is a heavily armored deep sea explorer with an eye out for evil who slows enemies with candy-coated missiles. Missile-Tow Dive-Clops is available in Europe in late November, and in the United States and Canada on December 2, first at GameStop and EB Games, respectively



Zynga (NASDAQ: ZNGA), a leading social game developer, recently announced the launch of Princess Bride Slots, the company's latest Social Slots offering. The free-to-play game is available now on the App Store for iPhone and iPad, Google Play, the Amazon App Store for Kindle devices and Facebook.  "We are excited to bring our players and Princess Bride fans around the world a fun, free way to engage with one of their all-time favorite movies," said Joe Kaminkow, Zynga's Chief Game Designer and Senior Vice President of Slots.

King Digital Entertainment (NYSE:KING) thoughts:  KING closed up on Monday (11/30/15) on high trading volume of 13Mil shares closing at $17.69.  Many investors, including Carl Icahn or Stan Druckenmiller, have been saying for a while now that the current market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the third quarter, many investors lost money due to unpredictable events such as the concerns over Valeant's drug pricing policy that led to an overall drop among pharma stocks. Nevertheless, many of the stocks that tanked in the third quarter still sport strong fundamentals and their decline was more related to the general market sentiment rather than their individual performance and hedge funds kept their bullish stance. In this article we will find out how hedge fund sentiment to King Digital Entertainment PLC (KING) changed recently.  Source: http://www.insidermonkey.com/blog/is-king-digital-entertainment-plc-king-a-good-stock-to-buy-394746/


FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.comfor more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com.  Follow us on Facebook: facebook.com/financialnewsmedia and Twitter:  twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated two thousand eight hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1-954-345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC


[ Back To TMCnet.com's Homepage ]