It has been a week of acquisitions with some unlikely names in the news. Most notably Trion Worlds was acquired by Gamigo, according to rumors. Fatshark also made the news for an acquisition while Behaviour sold a 20% stake in their company. Plus, Superdata makes some bold predictions about Virtual Reality. Find all of that and more below in this week’s MMO Money.
Fatshark Acquires A Sweet Studio AB
Fatshark, the makers of the smash hit Warhammer: Vermintide and Vermintide 2 have announced that they’ve acquired A Sweet Studio AB, the makers of Flower Pop Adventures as well as several other games. The acquisition means that the entire 9 man development team from A Sweet Studio AB will begin working on new content for Vermintide 2. All of A Sweet Studio AB’s games will also now be in the hands of Fatshark, however, there hasn’t been any indication yet that there are plans to do anything with them. It also hasn’t been announced how much money changed hands in this acquisition.
Source: Press Release
Arena of Valor Lifetime Player Spending
According to a recent report from Sensor Tower, Arena of Valor has brought in $15 million in revenue since it launched a year ago. After a year the game is still going strong and September was the best month it has ever had with the game grossing $1.7 million. The MOBA has been downloaded 16 million times, with 1.1 million of those happening in the last month. So, clearly, MOBAs aren’t dead yet. The United States accounts for 30% of all earnings to date with Germany second accounting for 14% of revenue.
However, it is worth noting that this doesn’t include China. The reason for that is that in China the game goes by a different name, Honour of Kings. If you follow the monthly charts released by Superdata this name will be very familiar to you. They’ve been at the top of the monthly earning chart for mobile games all year. Last year Honour of Kings/Arena of Valor was the top mobile game by revenue, bringing in $1.9 billion for Tencent. With only a couple of months left in 2018, it looks pretty obvious that Honour of Kings/Arena of Valor will be at the top of the mobile charts for the whole year once again. We can’t wait to find out how it compares with 2017’s 1.9 billion dollar revenue.
Source: Sensor Tower
Mobile AR Overtaking VR By 2021
According to the research firm Superdata, Augmented Reality apps are due to double year over year and reach $2 billion in revenue in 2018. However, by 2021 they predict that number will pass $17 billion which will mark the point where they’re generating more than virtual reality. Apple’s ARKit and Google’s ARCore now have a combined 117 million users every month and there are more than 3,000 apps that support this technology.
Before we get to 2021, Superdata is predicting that 2019 will be the year of VR. This is entirely down to the launch of the Oculus Quest. Superdata predicts that the Quest will outsell the Oculus Rift by three to one in its launch year. At the same time, Superdata is predicting that CCP’s CEO, Hilmar Veigar Pétursson, has talked about VR in a recent interview and it doesn’t look good. “We expected VR to be two to three times as big as it was, period,” Pétursson said. “You can’t build a business on that.” He also went on to talk about the Oculus Quest saying, “If it does take off – and I mean if – we’ll reassess. The important thing is we need to see the metrics for active users of VR. A lot of people bought headsets just to try it out. How many of those people are active? We found that in terms of our data, a lot of users weren’t.”
The Oculus Quest is launching in Spring 2019 with a price tag of $399 with 50 compatible games at launch.
Source: Games Industry, Destructoid
Behaviour Interactive Gets an Investment From Gaea
Gaea Interactive now has a 20% investment in Behaviour Interactive, the makers of Dead by Daylight and Warhammer 40k: Eternal Crusade. The two companies were already working together on a mobile game based on Game of Thrones. Behaviour cited the need to build its business in China as a motivation to take the investment.
Source: Games Industry
Trion Worlds Takeover
Yesterday, the MMO industry was shocked by the massive announcement that Trion Worlds had been sold. At the moment there is still a lot of rumor and speculation floating around. The biggest rumors are that they were bought by Gamigo and that Trion will be going from 200+ employees down to 25. The layoffs seem to have taken place immediately with Linda “Brasse” Carlson saying that she would only be around until the end of the day. On Twitter CEO Scott Hartsman asked to be contacted by anyone in the Games and Tech scene that is hiring because they have a lot of great people needing jobs.
This year hasn’t been great for Trion. Devilian shut down in March after a long battle to get new updates from the developer Bluehole, who had found a hit in PUBG. In July they were hit with a round of layoffs, including the associate producer of ArcheAge. There was also the relaunch of Defiance 2050, which was received fairly negatively.
What comes next for Trion…we will just have to wait and see, but if it has in fact dropped down to just 25 employees then things may look very grim.
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