Register

I agree with the Privacy Policy

Industry Press Releases

Soul and Vibe to Build Micro-Transactions Into Its Console, Mobile, and PC Games

March 27, 2013

Soul and Vibe Interactive Inc., "The Company," a video and computer games company, announced today it plans to build micro-transactions into its games across multiple platforms including its console, mobile, and PC titles. Micro-transactions, or the purchase of additional functionality and/or content within a game, are a growing trend driven by the shift in gaming habits and purchases. Micro-transactions are creating recurring revenue streams for gaming companies.

According to a research report published by Parks Associates, smartphones and tablets are changing the gaming population and how players pay for games. Because these games are integrated with a player's established online account for their hardware platform of choice, it is easier for users to make in-game purchases without having to create a new account. The report states that for free-to-play mobile games, gamers are spending $21 per month to purchase virtual goods and upgrades.

From the press release, "Soul and Vibe to Build Micro-Transactions Into Its Console, Mobile, and PC Games."

Previously In The News

Successful App Business Models: Trends and Case Studies 2013

This report analyzes the mobile app market, highlights consumer usage trends, and evaluates four major app developer business models. The report uses case studies of six mobile apps to showcase how...

Sutherland Global Services to Present New Business Models At CONNECTIONS™: The Premier Connected Home Conference & Showcase

Sutherland Global Services (Sutherland) announced today that Joe Buggy, Senior Vice President, Customer Lifecycle Management Practice will be participating as a speaker at the upcoming CONNECTIONS™...

iYogi Executive to Present 'A Survival Guide for the Post-PC World' at CONNECTIONS Conference

iYogi announced that Larry Gordon, President, Global Channels, iYogi, is participating as a speaker at the upcoming CONNECTIONS Conference, co-located at CTIA, through May 23 in Las Vegas. Acco...

Linear's senior vice president to speak at upcoming CONNECTIONS Conference in Las Vegas

The interactive panel session, moderated by Tom Kerber, director, research, home controls and energy, Parks Associates examines new channels and platforms that are changing the approach to the home...

‹
1
2
...
39
40
41
42
43
44
45
...
49
50
›