Mar
21
'Apex Legends' boosts EA as gamers spend more on publishers
Posted in: Uncategorized
Electronic Arts Inc. is leading an index of video-game publishers to the highest in more than two months as new data Thursday suggests digital game spending worldwide has grown.
Gamers spent $8.2 billion on digital titles across console, personal computer and mobile devices in February, a 2 percent increase year-over-year, according to statistics from Nielsen’s SuperData Research. EA climbed as much as 8.1 percent to its highest in a month, Activision Blizzard Inc. rose as much as 4.8 percent and Take-Two Interactive Software Inc. gained 3.5 percent.
The uptick in spending coincides with the rising amount of dollars being poured into the industry as competition among publishers increases and tech giants want more of gamers’ free time.
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