Mobile Gaming Companies to Target Bullish Growth Opportunities - Company Focuses on New Mobile Gaming Business Model
CORAL SPRINGS, Florida, June 18, 2014 /PRNewswire/ --
Mobile gaming industry advancers diversify client bases with recent developments and platform improvements: Tapinator, Inc. (OTC: TAPM), Activision Blizzard, Inc. (NASDAQ: ATVI), King Digital Entertainment plc (NYSE: KING), Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE)
Tapinator, Inc. (OTC: TAPM) is pleased to announce a new focus on the mobile gaming industry, led by a seasoned management team with deep experience in the mobile gaming and social media space. The Company operates its own mobile games, publishes mobile gaming titles where it holds substantial ownership positions, and makes strategic investments into promising mobile companies
The mobile games and application space is a massive and quickly growing industry. In 2013, Apple, Inc (NASDAQ: AAPL) paid out $10 billion to mobile developers and is on pace to far exceed this in 2014. Although Google does not disclose its developer payouts, it is catching up to Apple in terms of monetization and represents a multi-billion dollar market. Individual developers are building highly scalable businesses on mobile. Game developer Supercell announced that it generated $892 million in 2013 off just two games across Android and iOS. Another game developer, King Digital Entertainment, PLC (NYSE: KING), generated sales of $1.88 billion in 2013, primarily off just one mobile/social game, Candy Crush.
To read the full TAPM press release, please click here: http://fnmprofiles.com/profiles-tapm.html
Tapinator's executives and board members represent a diverse group of seasoned executives, whose backgrounds range from software engineering with an emphasis on mobile platforms, to investment banking and private equity management. The Company's Chief Executive Officer, Ilya Nikolayev, and its President/Chief Technology Officer Khurram Samad, have been part of the mobile gaming and social application industry since 2007.
Activision Blizzard, Inc. (ATVI)'s wholly owned subsidiary, Activision Publishing, Inc., recently announced at Licensing Expo 2014 that its highly popular Toys-to-Life™ video game franchise, Skylanders®, will extend its worldwide footprint through branded fruit snacks and cereals with General Mills; the first Skylanders magazine with Immediate Media; an official Skylanders comic-book series with IDW; and innovativeSkylanders-themed coloring books from Crayola. These new collaborations represent significant growth opportunities for Activision's already robust global licensing program, which spans more than 175 companies and won last year's International Licensing Industry Merchandisers' Association Awards for Best Toy Brand of the Year, as well as Overall Best Licensed Program of the Year.
King Digital Entertainment plc (KING) a leading interactive entertainment company for the mobile world and creator of global sensations Candy Crush Saga and Farm Heroes Saga, recently announced it has brought players back under the spell of one of its original breakout hits with the launch of Bubble Witch Saga 2. This all-new instalment of the ever-popular bubblicious bubble shooter enchants players with a wide variety of all-new bubble bursting game action. Enhancements include an appealing and whimsical storyline, upgraded bewitching characters, dynamic visuals, exciting episodic adventures, and much more. A "wand"erful new edition to the casual gaming scene, Bubble Witch Saga 2 has been optimised for play on mobile devices and is now available across iOS, Google Android and Facebook.
Microsoft Corporation (MSFT) recently unveiled the future of gaming on Xbox One through a spectacular lineup of games from the world's most visionary creators. This holiday season on Xbox One gamers will enjoy the quintessential collection of the most popular game in Xbox history with "Halo: The Master Chief Collection," as well as highly anticipated exclusives such as "Sunset Overdrive," "Forza Horizon 2," "Fable Legends" and "Dance Central™ Spotlight." From start to finish, Microsoft's annual E3 press briefing featured wall-to-wall games and highlighted the deep passion for gaming that Xbox creators share with their most dedicated fans. Showcasing the power of the cloud and the best multiplayer experience on Xbox Live, Xbox exclusives shared the stage with blockbusters such as "Assassin's Creed® Unity," "Call of Duty®: Advanced Warfare," "Evolve™" and "Rise of the Tomb Raider," and independent games such as "INSIDE," adding to a growing library of games on Xbox One. In addition, beginning today, gamers can choose to buy an all-new Xbox One option for $399. Xbox One with Kinect will continue to be available.
Sony Corporation (SNE) designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers consumer products and devices, such as LCD televisions; home and car audio, Blu-ray disc and DVD players/recorders, and memory-based portable audio devices; compact digital, home-use video, and interchangeable single-lens cameras; and personal computers. The company also develops, produces, markets, and distributes PlayStation3, PlayStation Vita, PlayStation Portable, and PlayStation 2 hardware and related software. On Tuesday, SNE closed down .86% on over 3 million shares traded.
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