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

CEDIA Research Reveals that the UK Residential Custom Install Market Continues to Grow

CEDIA (the Custom Electronic Design and Installation Association) has announced the findings of its second extensive survey into the UK residential custom installation sector. The results show an i...

Delivery Agent Powers the First Shoppable TV Commercial Bringing T-Commerce to Life at CES 2014

Delivery Agent will take the stage at the Parks Associates CONNECTIONS Summit on January 7th at 3:45pm PT at the LVCC North Hall, N264. Panelists will discuss emerging business models for connected...

NETGEAR Launches Ocuity Wireless IP Cameras, Best-in-Class Integrated Monitoring Solution for Security Systems Providers

The Ocuity 500 comes with a built-in rechargeable battery that supports two hours of streaming video, maintaining a complete video record even through power outages. Multiple power management modes...

Five Ways to Create a Smart Home for the Holidays

In 2014, consumer excitement about the smart home reached epic heights, with hundreds of new devices that monitor, notify, control and secure the home becoming a part of everyday life. While connec...

‹
1
2
...
6
7
8
9
10
11
12
...
49
50
›