Monthly Games Industry Report: January 2024

Key insights

7 takeaways

01
Second Dinner, the developer behind Marvel Snap, acquired a $100 million Series B investment led by Griffin Gaming Partners.See it on page 11
02
The report states that RPG and strategy games are remarkably good at maintaining mobile game loyalty, which it describes as challenging to obtain and maintain.See it on page 17
03
Citing the SuperScale white paper, the report states that 83% of mobile games die within 3 years and 43% are killed in development.See it on page 21
04
EA SPORTS FC 24 held the top spot in the UK sales chart at the end of 2023, followed by Super Mario Bros. Wonder.See it on page 20
05
Build A Rocket Boy completed a $110 million Series D funding round.See it on page 2
06
The Games Fund invested $2 million in Obelisk Studio for its game Displacement, which the report says will fund Obelisk's pivot into independent first-party titles.See it on page 13
07
NetDragon's ESG rating was upgraded to BBB by MSCI, according to the report.See it on page 19

Summary

The Monthly Games Industry Report for January 2024 is a roundup of game industry news organized into sections on games and apps, acquisitions, mergers and investments, market research, articles and interviews, and collaborations. It lists five items under Games & Apps, including Makea Games' Supermoves, Misclick Games' Mass Conflict Ignition, Volley's 20 Questions, Tommy Hilfiger's FashionVerse, and TGI Fridays content in Nordcurrent's Cooking Fever. Funding items include Second Dinner, developer of Marvel Snap, which acquired a $100 million Series B investment, and Build A Rocket Boy, which completed a $110 million Series D round.

In market research, the report notes that loyalty is challenging to obtain in mobile games but that RPG and strategy games are remarkably good at it, citing a recent report. It also cites a SuperScale white paper stating that 83% of mobile games die within three years and 43% are killed in development. The UK sales chart for the last week of 2023 was led by EA SPORTS FC 24, followed by Super Mario Bros. Wonder and Hogwarts Legacy.

The report also covers NetDragon's ESG rating upgrade to BBB by MSCI and includes articles on Barcelona as a mobile game hub and on Palworld's sales of 6 million in 5 days. Interviews feature Midjiwan, developer of The Battle of Polytopia, and Mike Klubnika, developer of Buckshot Roulette.