The Gaming Industry Benefits From Innovative Revenue Boosting Techniques
NEW YORK, October 2, 2017 /PRNewswire/ --
According to a report by Juniper Research, revenues from the global digital games
market are estimated to reach the $100 billion milestone by the end of this year. The
report indicates that contrary to previous estimates, the PC market has been reignited
thanks to F2P (Free to Play) games. F2P allows gamers to access the game for free.
Revenues are then made by purchases within the game, which is known as the freemium
model;
popularized by mobile games, in order to grow the number of players and accelerate
spending. Combined with the continued growth of mobile, the industry is projected to
reach
revenues of $132 billion by 2021. Versus Systems, Inc. (OTC: VRSSF), Zynga Inc.
(NASDAQ:
ZNGA), Glu Mobile (NASDAQ: GLUU), Sony Corporation (NYSE: SNE), Microsoft Corp.
(NASDAQ:
MSFT)
The outlook for the gaming industry is positive according to Juniper. Developers
are
integrating in-game advertising, which is most effective when users are rewarded. For
example, watching a short video to provide players with additional in-game credits, and
other rewards. "Juniper believes there is further opportunity for F2P on PC;
particularly
in Western markets; as well as console, with digital platforms such as Xbox Live
playing
host to F2P titles which are then monetized via in-game purchases and add-ons"
explained
research author Lauren Foye in a press release.
Versus Systems, Inc. (OTCQB: VRSSF) is also listed on the Canadian Stock Exchange
under the ticker symbol 'VS'. Today the company announced breaking news that, "it has
entered into partnership with Team NINJA Studio, a wholly owned subsidiary of Koei
Tecmo
Holdings, Co. Ltd. (TOKYO: 3635), publisher of videogames including the critically
acclaimed NIOH, Dead or Alive, and Ninja Gaiden franchises, to expand the Versus
in-game
prize offerings for video gamers. Players will compete for new prizes in-game and
Versus
and Team NINJA will share equally in this newly created revenue stream.
"Team NINJA makes amazing games, and Koei Tecmo is an industry giant. Team NINJA
has
been making fun, challenging games for years for their millions of loyal, dedicated
fans,
and Versus is thrilled to be a part of that," said Matthew Pierce, CEO of Versus
Systems.
"Team NINJA will be a great partner for Versus. We look forward to working together to
reward players of all skill levels in many games to come."
"Versus' team built a platform featuring a prizing network which make it easy to
reward Team NINJA's players' in-game skills," said Tom Lee, Creative Director of Team
NINJA, a videogame developer wholly owned by Koei Tecmo Holdings Corp. "Versus'
provides
players the ability to select a prize and play a match or complete a challenge to earn
that prize in-game. Team NINJA is constantly innovating and Versus will present us with
a
unique way to reward our players."
About Team NINJA Studio - Team NINJA Studio is a world-renowned development team of
interactive entertainment software for next generation consoles, PC, and more platforms
based in Tokyo, Japan. The company is a wholly owned subsidiary of KOEI TECMO HOLDINGS
CO.,
LTD., headquartered in Yokohama, Japan. Team NINJA is best known for its NIOH(TM),
Dead
or Alive(R) and Ninja Gaiden(R) series.
About Koei Tecmo America Corp. - KOEI TECMO AMERICA CORP. is a publisher of
interactive entertainment software for current generation consoles, handhelds and
digital
download content based in Burlingame, California. The company is a wholly owned
subsidiary
of KOEI TECMO HOLDINGS CO., LTD., headquartered in Yokohama, Japan. KOEI is best known
for
its Dynasty Warriors(R) and Samurai Warriors(R) franchises. TECMO is best known for the
Dead or Alive(R), Ninja Gaiden(R), Tecmo Bowl(R), and Fatal Frame(R) series.
About Versus Systems - Versus Systems, Inc. has developed a proprietary in-game
prizing and promotions engine that allows publishers and developers of interactive
media
to offer prizes inside interactive media including mobile, console, and PC games.
Brands
will pay to place products in-game via the Versus platform and players will compete for
those prizes. To learn more about Versus, see the website
at http://www.versussystems.com, or watch their most recent video on YouTube
[https://www.youtube.com/watch?v=kuGqTMjCXIY ].
Zynga Inc. (NASDAQ: ZNGA) is a leading developer of the world's most popular social
games that are played by millions of people around the world each day. Recently, the
company announced the launch of the Words With Friends Social Dictionary - introducing
50,000 new words into the world's most popular mobile word game. Inspired by players
and
the best of pop culture, the Words With Friends Social Dictionary gives fans of the
iconic
word game more ways to play than ever before. In response to the thousands of new word
requests submitted by players in-game every day, the brand-new Social Dictionary
incorporates the top player and pop culture inspired words into Words With Friends in
the
largest dictionary update in the game's history.
Glu Mobile (NASDAQ: GLUU) is a leading global developer and publisher of
free-to-play
mobile games. Glu is focused on creating compelling original and branded IP games on
the
App Store, Google Play and Amazon Appstore. On August 28, 2017, the company announced
that
Design Home recently reached one million daily active users. Originally launched
worldwide
in November 2016, Design Home has achieved remarkable success, having generated more
than
25.5 million downloads and $41.4 million in bookings through the end of the second
quarter
of 2017. Design Home has achieved rankings of #1 Top Free and #17 Top Grossing game in
the
U.S. App Store for iPhone. Additionally, Design Home has reached #1 Top Free and #23
Top
Grossing game in the U.S. Google Play Store.
Sony Corporation (NYSE: SNE) is engaged in the development, design, manufacture and
sale of various kinds of electronic equipment, instruments and devices for consumer,
professional and industrial markets, as well as game consoles and software. Earlier
this
year, Sony Interactive Entertainment, a wholly-owned subsidiary of Sony Corporation,
announced robust sales for PlayStation(R)4 computer entertainment system and its
software
titles. PS4 has sold through more than 6.2 million units during the 2016 holiday
season.
PS4 has now cumulatively sold through more than 53.4 million units globally as of
January
1, 2017
Microsoft Corp. (NASDAQ: MSFT) is the leading platform and productivity company for
the mobile-first, cloud-first world, and its mission is to empower every person and
every
organization on the planet to achieve more. On June 11, 2017, the company unveiled the
world's most powerful console, Xbox One X and its largest and most diverse games
line-up
in E3 history. Broadcast for the first time in 4K UHD on Mixer, Xbox showcased a record
42
games in its briefing including 22 with console exclusivity from creators large and
small.
Xbox One X was designed to be the best console to create and play games on, putting the
greatest graphic fidelity in the hands of the world's best game creators to create true
4K
games.
Please Sign Up Now at http://www.FinancialBuzz.com To Receive Alerts on
Trending
Financial News from all these companies. 'The Latest Buzz in Financial News'
Subscribe Now! Watch us report from NYSE
https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates:
https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to
provide the latest trends in Market News, Investing News, Personal Finance, Politics,
Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews.
A pioneer in the financially driven digital space, video production and integration of
social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com
also provides financial news PR dissemination, branding, marketing and advertising for
third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video
Production, Broadcasting, and Financial Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment
advisor or broker-dealer and do not undertake any activities that would require such
registration. The information provided on http://www.FinancialBuzz.com (the 'Site')
is
either original financial news or paid advertisements provided [exclusively] by our
affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing
firm enters into media buys or service agreements with the companies which are the
subject
to the articles posted on the Site or other editorials for advertising such companies.
We
are not an independent news media provider and therefore do not represent or warrant
that
the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com
receives fees for producing and presenting high quality and sophisticated content on
FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com
does not offer any personal opinions or bias commentary as we purely incorporate public
market information along with financial and corporate news. FinancialBuzz.com only
aggregates or regurgitates financial or corporate news through our unique financial
newswire and media platform. For this release, FinancialBuzz.com expects to be
compensated
five thousand dollars for financial news dissemination and PR services by a third party
for Versus Systems Inc. Our fees may be either a flat cash sum or negotiated number of
securities of the companies featured on this editorial or site, or a combination
thereof.
The securities are commonly paid in segments, of which a portion is received upon
engagement and the balance is paid on or near the conclusion of the engagement.
FinancialBuzz.com will always disclose any compensation in securities or cash payments
for
financial news PR advertising. FinancialBuzz.com does not undertake to update any of
the
information on the editorial or Site or continue to post information about any
companies
the information contained herein is not intended to be used as the basis for investment
decisions and should not be considered as investment advice or a recommendation. The
information contained herein is not an offer or solicitation to buy, hold or sell any
security. FinancialBuzz.com, members and affiliates are not responsible for any gains
or
losses that result from the opinions expressed on this editorial or Site, company
profiles,
quotations or in other materials or presentations that it publishes electronically or
in
print. Investors accept full responsibility for any and all of their investment
decisions
based on their own independent research and evaluation of their own investment goals,
risk
tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and
website and any pages thereof, you agree to be bound by the Terms of Use and Privacy
Policy, as may be amended from time to time. None of the content issued by
FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or
sell
any particular security, pursue a particular investment strategy or that any security
is
suitable for any investor. This publication is provided by FinancialBuzz.com. Each
investor is solely responsible for determining whether a particular security or
investment
strategy is suitable based on their objectives, other securities holdings, financial
situation needs, and tax status. You agree to consult with your investment advisor, tax
and legal consultant before making any investment decisions. We make no representations
as
to the completeness, accuracy or timeless of the material provided. All materials are
subject to change without notice. Information is obtained from sources believed to be
reliable, but its accuracy and completeness are not guaranteed. For our full
disclaimer,
disclosure and Terms of Use. Please visit: http://www.financialbuzz.com .
SOURCE FinancialBuzz.com
