This ‘materially undervalued’ company could become the ESPN of games streaming, according to $1.3 billion investment fund

With the videogames industry in an intense battle to capture millions of players, one developer’s content is “materially undervalued” by investors, according to the managers of a $1.3 billion investment fund.

Also read: This videogame company is in the spotlight as Sony and Microsoft face off with new consoles The frequency of franchise releases also “breeds annuity style consumption and high levels of engagement,” said Dillon. But videogames can be a fickle industry. Pandemic lockdowns paired with the latest round of console wars have created an optimistic market dynamic, but, according to CMC Markets, the sector is highly cyclical, with game sales largely relying on hardware.

But... gamers hate EA and want their monopoly over these sports to end. They just keep releasing the same games over and over with very minor upgrades.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 reasons support bullish investment outlook, according to DataTrek - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mexico unveils private-backed $14 billion investment plan to lift ailing economyMexico's government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business leaders and lift the struggling economy. Guy must suck a mean one. Please stop saying López Obrador is a letftist, he is no such thing, never has.
Source: Reuters - 🏆 2. / 97 Read more »

How NextEra Overtook ExxonMobil As The Largest U.S. Energy CompanyOver the past decade, NextEra has vastly outperformed ExxonMobil in the financial markets, and briefly overtook the company to become the largest energy company in the U.S. Nice 👍 Interesting
Source: Forbes - 🏆 394. / 53 Read more »