![]() ![]() ![]() The videogame industry in Europe is thriving and it is now worth over €17bn. Margarthe Vestager, Executive Vice President of the European Commission, commented, "More than 50% of all Europeans play video games. The fines were allocated as follows, with all studios excluding Valve receiving a reduction for cooperating with the Commission's investigation. The Commission determined that the publishers and Valve bilaterally agreed to geoblock specific video game titles within the European Economic Area (EEA) between March 2007 and November 2017, illegally denying residents within the locales access to the EU Digital Single Market. Multiple studios, namely Bandai Namco, Capcom, Focus Home Interactive, Koch Media and ZeniMax, along with Steam-owner Valve, have been fined a combined €7.8m (£6.9m) by the European Commission for breaching antitrust regulations. GameMaker Studio2 is best-in-class game development software, and lowers the barrier to entry for anyone to start making their games and offer them across a wide range of web-supported platforms, from PCs, to, mobile iOS/Android devices, to consoles." Multiple studios fined for geoblocking We’re at the brink of a shift, when more and more people start not only playing, but also creating and publishing games. In a statement, Krystian Kolondra, EVP Browsers at Opera, wrote, "With Opera GX, Opera had adapted its proven, innovative browser tech platform to dramatically expand its footprint in gaming. GameMakerStudio increased its userbase by 400,000 over the course of 2020, while Opera GX saw its monthly active userbase climb by 350% year-over-year in December to seven million. The acquired firm, which operates 2D game engine GameMaker Studio, will be combined with gamer-oriented browser Opera GX in a new subsidiary division, termed Opera Gaming. Internet browser developer Opera has announced that it has acquired Dundee-based YoYo Games for approximately USD$10m (£7.3m). In today’s news: Opera acquires YoYo Games multiple studios fined for geoblocking and Visionary Realms secures seven-figure investment. ![]() TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. ![]()
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