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Mobile Gaming Industry Expected to Reach $40 Billion by 2017 - Company Announces Exclusive Partnership For Developing Licensed Mobile Games for Celebrities & Recording Artists


News provided by

FN Media Group, LLC

Oct 28, 2014, 08:45 ET

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CORAL SPRINGS, Florida, October 28, 2014 /PRNewswire/ --

Wall Street hopeful revenues to grow exponentially for mobile gaming sector as holiday season approaches and Companies continue to forge forward with new applications, partnerships and developmental ventures.  Mobile Gaming players in focus today are: Tapinator, Inc. (OTC: TAPM), Apple Inc. (NASDAQ: AAPL), Yahoo Inc. (NASDAQ: YHOO), Activision Blizzard Inc. (NASDAQ: ATVI) and Facebook Inc. (NASDAQ: FB)

Tapinator, Inc. (OTC: TAPM), announces an exclusive partnership with Boston / New York City-based mobile game startup HyperPower Game Group™ and its subsidiary, HyperJamz™. The companies will now leverage Tapinator's rapidly-growing audience of 35MM global mobile gamers and HyperPower Game Group's expertise in developing licensed mobile games for celebrities and recording artists to pursue a significant market opportunity at the cross-section of mobile gaming and the entertainment industry.  "From Kim Kardashian and Tom Hanks to William Shatner and The Rock, more and more celebrities are recognizing the value of engaging and entertaining their fan bases through the unique medium of mobile games," said Tapinator CEO, Ilya Nikolayev. "And, with the clear potential of these games to become major revenue generators, Tapinator is prioritizing this important new industry sector through its partnership with HyperPower Game Group and HyperJamz."

Read the full TAPM press release at http://www.financialnewsmedia.com/profiles/tapm.html

Tapinator will now become the exclusive publisher of HyperPower Game Group's celebrity-focused games, beginning with the recent release from HyperJamz, Melissa Etheridge's "Take My Number" Phonebook Challenge. This licensed mobile game for iOS and Android is HyperJamz' debut example of a new category of mobile "music video games," which create an entirely new way for people to experience music while reinvigorating the $7 billion recording industry. Inspired by the first single from Melissa Etheridge's new album, "This is M.E.," the game nods to classics like Tetris and Bubble Blast while taking ultimate inspiration from Etheridge's new song by "gamifying" the names and numbers in players' own iPhone and Android phonebooks. Users are asked to guide and match falling guitar picks, while guessing and learning the phone numbers of people they know--all while jamming out to Etheridge's new single, "Take My Number," which streams for free throughout the game.

Mobile Gaming Coverage and News Commentary:  Mobile game revenues are expected to surpass console revenues driven by strong ongoing adoption of smartphones and tablets in both mature and emerging markets. Per another market research firm Superdata, which has much more conservative estimates, mobile game revenues are expected to reach $40 billion in 2017.  According to Newzoo, revenues from mobile games are expected to jump 42% year over year in 2014. The North American market is now expected to grow 51% year over year, while Western Europe is expected to grow 47%. Southeast Asia and China with 86% growth rate are the fastest-growing mobile game market.  Read the full Zacks article at http://www.zacks.com/stock/news/151365/is-glu-mobile-gluu-a-better-stock-than-zynga-znga

Apple's (NASDAQ: AAPL) game revenues could be double those of Nintendo this year. Apple is expected to generate $4 billion in revenue from games sold in its iTunes App Store, while Google could generate $3 billion in revenue in 2014. Last year, Nintendo's revenues were $2.4 billion, and the total is expected to be smaller this year. Read more here: http://venturebeat.com/2014/10/22/mobile-games-will-overtake-console-revenues-in-2015/

This year, Yahoo (NASDAQ: YHOO) fantasy basketball is not offering any play-for-cash games.  Instead, Yahoo is offering only a combination of free-to-enter leagues and custom private leagues. Yahoo's decision to scrap play-for-cash fantasy basketball marks a substantial step back from its previous position on the issue.  The decision may in part be based on the preferences of new NBA commissioner Adam Silver, who unlike his predecessor is at least beginning to discuss the sports gaming issues publicly. Read more here: http://www.forbes.com/sites/marcedelman/2014/10/27/yahoo-abandons-pay-for-cash-fantasy-basketball/

On November 8, Blizzard Entertainment's (NASDAQ: ATVI) two-dayWarcraft®, StarCraft®, and Diablo® community celebration will culminate with Metallica performing to a sold-out convention crowd, broadcast worldwide through the BlizzCon Virtual Ticket. "We're thrilled to have Metallica blowing out our speakers at BlizzCon this year," said Mike Morhaime, CEO and cofounder of Blizzard Entertainment. "After two full days of epic gaming and intense eSports action, an earth-shaking concert is the perfect sendoff for everyone at the show and watching from home." Read more here: http://finance.yahoo.com/news/metallica-live-blizzcon-2014-150000544.html

CPMs among gaming advertisers on Facebook (NASDAQ: FB) were up 548% year over year in Q3 2014, according to Facebook ad partner Nanigans in its most recent benchmark report. To put that into perspective, e-commerce advertisers saw a 255% year-over-year increase in CPMs. On average, CPMs on Facebook desktop and mobile increased by 80% between Q2 and Q3 among Nanigans customers - which include eBay, Rue La La, Rosetta Stone and gaming behemoth Zynga - to $2.98. That's up from $1.95 last quarter. Read more here: http://www.adexchanger.com/mobile/gaming-advertisers-arent-playing-around-on-facebook-cpms-are-up-more-than-500/

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand seven hundred dollars for news coverage of the current press release issued by Tapinator, Inc. by the company.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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