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Cover of Prodigy Agency Merges With SEG
Article

Prodigy Agency Merges With SEG

Prodigy Agency, a Toulouse-based esports and gaming firm, has officially merged with the international talent agency SEG.

  • Prodigy Agency has merged with international talent agency SEG to form a unified esports and gaming division.
  • Financial terms of the merger between the two privately owned companies were not disclosed.
  • Prodigy Agency founders Jérôme Coupez and Manon Lagarrigue will continue to lead the agency as CEO and COO, respectively, while SEG Esports Division Director Rowan Stroo will join the management team.
The Esports AdvocateJan 2026
Cover of NetEase FY24 Financial Report: Marvel Rivals and Where Winds Meet Performance
Article

NetEase FY24 Financial Report: Marvel Rivals and Where Winds Meet Performance

NetEase’s fiscal year 2024 financial results demonstrate steady growth, characterized by a 1.3% increase in total net revenue to 105.3 billion yuan ($14.4 billion).

  • NetEase reported FY24 net revenue of 105.3 billion yuan ($14.4 billion), a 1.3% increase year-over-year, with the gaming division contributing 83.6 billion yuan ($11.5 billion).
  • Marvel Rivals has reached 40 million unique players, adding 20 million users in the two months following its initial two-week launch period.
  • The open-world action RPG Where Winds Meet surpassed 15 million players in China within two weeks of its December release.
Game World ObserverFeb 2025
Cover of NetEase Q2 2024 Financial Results
Article

NetEase Q2 2024 Financial Results

NetEase’s financial performance for the second quarter of 2024 reflects a period of revenue growth within its gaming division, contrasted by an unexpected decline in overall profitability.

  • NetEase reported a 17% year-over-year decline in Q2 net income to $930 million, missing analyst expectations and causing company shares to drop 13%.
  • Gaming division revenue grew 6.7% year-over-year to $2.8 billion, with mobile titles accounting for 76% of that segment's total revenue.
  • Total company net revenue reached $3.5 billion for the quarter, representing a 6.1% increase compared to the same period last year.
Game World ObserverAug 2024