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Capcom enjoys record profits despite declining revenues

Capcom’s revenues declined 18.4 percent year-over-year to ¥81.6 billion ($766 million). This, however, didn’t stop the company from reporting  ¥15.95 billion ($150 million) in net profits, which is 27.1 percent more that in the fiscal year 2019.


Newzoo: games to generate $159.3 billion in 2020

In its latest report, Newzoo projects that in 2020 video games industry will generate $159.3 billion in revenue, up 9.3 percent from 2019. This will come from 2.7 billion gamers around the world.


Tokyo Game Show 2020 cancelled

Tokyo Game Show 2020 that was scheduled to run from September 24th to 27th, has been cancelled. The organizers are now planning an online event.