DOCSLIB.ORG

Prospering in the Pandemic: the Top 100 Companies the First in an FT Series on Corporate Resilience in a Year of Human and Economic Devastation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Prospering in the Pandemic: the Top 100 Companies the First in an FT Series on Corporate Resilience in a Year of Human and Economic Devastation FRIDAY 19 JUNE 2020 FT SERIES Coronavirus economic impact Prospering in the pandemic: the top 100 companies The first in an FT series on corporate resilience in a year of human and economic devastation In a dismal year for single day in April, up from 20m drawing more users into an most companies, a 1. Amazon in late 2019. ever-expanding ecosystem of minority have shone: wearables and services. pharmaceutical groups SECTOR: ECOMMERCE Apple executives predicted boosted by their hunt HQ: SEATTLE, US $269.9bn sales of some items would even for a Covid-19 vaccine; MARKET CAP ADDED accelerate, as millions of technology giants buoyed Key stat: Amazon anticipates consumers working from home by the trend for working it could spend $4bn to keep its Microsoft’s shift to the cloud would opt to upgrade their from home; and retailers logistics running during the under Satya Nadella has left it electronics. Investors crowned offering lockdown coronavirus crisis. well-placed for a world where Apple the first $1.5tn company. necessities online. large numbers of people are Patrick McGee in San Francisco Public companies working remotely. The Teams had the tailwind of a $401.1bn communication app has MARKET CAP ADDED become a way for workers to surprisingly robust stock stay in touch. The Azure cloud 4. Tesla market — which many As world leaders ordered their computing platform has become believe is a bubble. citizens indoors, Amazon became a more critical part of the digital SECTOR: AUTOS To rank companies the emergency port of call for backbone for many companies. HQ: PALO ALTO, US that prospered in the those desperate to stock up Microsoft even has a way to pandemic, we have on vital household goods — a satisfy the personal: a record Key stat: 402 miles: the chosen to look at equity rush that led the company to 90m players turned to the range of Tesla’s latest Model S, value added. Later in temporarily shut its warehouses Xbox Live gaming service in underscoring its technological the series, we will look to “non-essential” products. April. Richard Waters in San lead. at an alternative gauge Record revenues followed, but Francisco of success, as well as the also soaring costs. Chief executive Jeff Bezos warned as much $108.4bn big corporate losers and MARKET CAP ADDED four thematic winners: as $4bn could be spent on virus 3. Apple mitigation, such as testing pharma, cloud computing, SECTOR: TECHNOLOGY The clear technology leader for ecommerce and gaming. labs and thermal cameras — HQ: CUPERTINO, US potentially pushing Amazon battery-powered cars, Tesla is outpacing legacy competitors as Tom Braithwaite into its first quarterly loss since 2015. Still, the accelerated shift Key stat: The iPhone maker they struggle to retool factories to online shopping and the managed to rake in $58.3bn in and perfect software. Meanwhile, increased importance of its cloud revenue in the March quarter, chief executive Elon Musk is computing business in the remote despite closing all of its retail promising to upend the entire work era drove Amazon’s stock stores. model of car ownership with to all-time highs. Dave Lee in San fleets of self-driving robotaxis Francisco. that would charge by the mile. $219.1bn Still, even Mr Musk said on MARKET CAP ADDED Twitter, on May 1, that the “Tesla stock price is too high”. Since 2. Microsoft While all of Apple’s 500 stores then it has climbedeven higher. around the world were forced to Patrick McGee SECTOR: TECHNOLOGY close, revenues in the opening HQ: REDMOND, US quarter were resilient thanks to robust online sales. Apple Key stat: 75m people used the managed to release a new Teams communication app in a iPhone, iMac and MacBook Air, © THE FINANCIAL TIMES LIMITED 2020 from employees for failing to early in the crisis, after touching flag incendiary or misleading bottom in late March. The Google 5. Tencent statements from US President cloud computing platform, Meet 11. Pinduoduo SECTOR: TECHNOLOGY Donald Trump. Hannah Murphy in video app and Play app store SECTOR: ECOMMERCE HQ: SHENZHEN, CHINA San Francisco have benefited from the shift of HQ: SHANGHAI, CHINA work and entertainment online. Key stat: Online gaming Richard Waters Key stat: Shoppers on its revenues rose 31 per cent in the platform increased to 628m. first quarter 7. Nvidia SECTOR: TECHNOLOGY 9. PayPal $55.2bn HQ: SANTA CLARA, US MARKET CAP ADDED $93bn SECTOR: PAYMENTS MARKET CAP ADDED HQ: SAN JOSE, US Key stat: Hours spent playing The ecommerce group benefited Chinese people isolated at home games on Nvidia’s platforms as hundreds of millions of turned to Tencent’s virtual Key stat: 7.4m — net new users Chinese turned to shopping from jumped 50 per cent during in April. worlds. In its hit games such as lockdowns. their smartphones rather than Honor of Kings, users shelled going to malls. As demand rose out for new weapons and outfits. for its ultra-cheap goods, the Tencent’s video subscriber $83.3bn $65.4bn total value of transactions over numbers swelled to 112m, its MARKET CAP ADDED MARKET CAP ADDED its platform soared and revenues music streamers jumped to were up 44 per cent in the first 43m and monthly users of its Nvidia’s graphics chips have The pioneer of online payments quarter. Its annual shopper count social media app WeChat — become a mainstay of gaming has found increased relevance is fast approaching the 726m who indispensable for buying noodles machines and machine in the real-world pandemic, shop with its chief rival Alibaba. and verifying users’ health during learning systems, insulating the rolling out new capabilities for Ryan McMorrow the coronavirus period — hit company from the worst of the merchants to handle contactless 1.2bn. In a global spending spree, downturn. Sales of gaming chips payments in physical stores. Tencent has exploited falling were dented by the closure of PayPal facilitated the transfer of valuations: it recently acquired internet cafés in China, while more than $1bn in federal loans 12. Netflix Norwegian game developer the automotive industry, a big as part of the US Small Business SECTOR: MEDIA Administration’s Paycheck Funcom, took a stake in German customer, has experienced a HQ: LOS GATOS, US developer Yager, and poured collapse in sales. But Nvidia’s Protection Program. Its money capital into an array of fintech business has been helped by transfer app Venmo was popular, pre-coronavirus, for friends Key stat: 183m global start-ups. Ryan McMorrow in the growing importance of subscribers by the end of Q1, a 23 Beijing ecommerce in selling new settling dinner bills. Now, the graphics cards, along with a company says, it is witnessing per cent jump from a year earlier. shift towards online gaming. It larger, cross-generational has also been riding a boom in transfers — such as socially- $55.1bn 6. Facebook demand for data centre chips distanced withdrawals from the MARKET CAP ADDED Bank of Mum and Dad — and SECTOR: TECHNOLOGY from big internet companies, as Netflix added twice as many AI becomes a more important increased usage for paying for HQ: MENLO PARK, US subscribers as it had forecast component of their services and goods and services that might in the first three months of overall digital activity jumps. otherwise have been paid for with the year, as the largest paid Key stat: 39 per cent — the rise in Richard Waters cash. Dave Lee advertising impressions at Facebook streaming service entertained in the first quarter of the year. global lockdown audiences with shows such as Tiger King, La Casa de Papel and Love is $85.7bn 8. Alphabet 10. T-Mobile Blind. The biggest boost came MARKET CAP ADDED SECTOR: TECHNOLOGY SECTOR: TELECOMMUNICATIONS from Europe, the Middle East HQ: MOUNTAIN VIEW, US HQ: BELLEVUE, US and Africa, where it signed up Knocks to Facebook’s nearly 7m subscribers in the advertising business during Key stat: Even as advertising Key stat: T-Mobile added first quarter. The company is the pandemic have been offset collapsed at the end of March, 452,000 postpaid phone enjoying a “perfect storm”, said by its 2.6bn entertainment- YouTube’s revenue was still subscribers in the first quarter. Michael Nathanson, analyst at starved users spending more growing nearly 10 per cent. MoffettNathanson. “The longer time on the platform. Small the current situation lasts, the business advertisers slashed $59.7bn bigger the benefit to Netflix.” their marketing budgets. $68.1bn MARKET CAP ADDED Anna Nicolaou But Facebook’s engagement MARKET CAP ADDED levels exploded, increasing its The US wireless company advertising impressions. The Given that online advertising benefited from the twin forces of company has launched new video went into sharp decline as the lockdowns, which made people 13. Meituan chat and livestream features, crisis unfolded, early signs more dependent on their phones as well as an ecommerce play suggest Alphabet has shown for connection, and the closing of Dianping to rival Amazon, known as surprising resilience. Sectors such its long-awaited merger with rival SECTOR: ECOMMERCE Facebook Shops. However, as travel and local services may Sprint. The deal made T-Mobile HQ: BEIJING, CHINA its content moderation have dried up, but in other areas the third-largest player in the US capabilities have been stretched Google — which supplies virtually telecoms market, trailing AT&T Key stat: Food delivery orders by coronavirus-related all Alphabet’s revenue — has and Verizon, and is expected to had bounced back to 90 per cent misinformation and conspiracy reported that demand is holding give the big phone companies of their prepandemic level by theories. Chief executive Mark up better than expected.
Load more

Recommended publications
  • [TME] - Tencent Music Entertainment Group Second Quarter 2019 Financial Results Conference Call Monday, August 12, 2019, 8:00 PM ET
    [TME] - Tencent Music Entertainment Group Second Quarter 2019 Financial Results Conference Call Monday, August 12, 2019, 8:00 PM ET Officers Millicent Tu, VGM, IR Cussion Pang, CEO Tony Yip, CSO Shirley Hu, CFO Analysts John Egbert, Stifel, Nicolaus Alex Yao, JPMorgan Chase Eddie Leung, Bank of America Merrill Lynch Piyush Mubayi, Goldman Sachs Group Thomas Chong, Jefferies Hans Chung, KeyBanc Capital Markets Gary Yu, Morgan Stanley Presentation [Technical Difficulty] Operator: Ladies and gentlemen, good evening and good morning, and thank you for standing by. Welcome to the Tencent Music Entertainment Group's Second Quarter 2019 Earnings Conference Call. At this time, all participants are in listen-only mode. (Operator Instructions). Today you will hear discussions from the management team of Tencent Music Entertainment Group, followed by a question-and-answer session. (Operator Instructions). Please be advised that this conference is being recorded today. If you have any objections, you may disconnect at this time. Now, I will turn the conference over to your speaker host today, Ms. Millicent Tu. Please go ahead. Millicent Tu: Thank you, operator. Hello, everyone, and thank you all for joining us on today's call. Tencent Music Entertainment Group announced its financial results for the second quarter of 2019 today after the market close. An earnings release is now available on our IR website at ir.tencentmusic.com, as well as via newswire services. Today you will hear from Mr. Cussion Pang, our CEO, who will start off the call with an overview of our recent achievements and growth strategy. He will be followed by Mr.
    [Show full text]
  • Anti-Cheat Expert Product Introduction
    Anti-Cheat Expert Anti-Cheat Expert Product Introduction Product Documentation ©2013-2019 Tencent Cloud. All rights reserved. Page 1 of 7 Anti-Cheat Expert Copyright Notice ©2013-2019 Tencent Cloud. All rights reserved. Copyright in this document is exclusively owned by Tencent Cloud. You must not reproduce, modify, copy or distribute in any way, in whole or in part, the contents of this document without Tencent Cloud's the prior written consent. Trademark Notice All trademarks associated with Tencent Cloud and its services are owned by Tencent Cloud Computing (Beijing) Company Limited and its affiliated companies. Trademarks of third parties referred to in this document are owned by their respective proprietors. Service Statement This document is intended to provide users with general information about Tencent Cloud's products and services only and does not form part of Tencent Cloud's terms and conditions. Tencent Cloud's products or services are subject to change. Specific products and services and the standards applicable to them are exclusively provided for in Tencent Cloud's applicable terms and conditions. ©2013-2019 Tencent Cloud. All rights reserved. Page 2 of 7 Anti-Cheat Expert Contents Product Introduction Overview Features ©2013-2019 Tencent Cloud. All rights reserved. Page 3 of 7 Anti-Cheat Expert Product Introduction Overview Last updated：2021-06-22 11:17:30 Overview of the Mobile Game Market Market size According to a third-party data source, China's mobile game industry reported a total revenue of 102.28 billion CNY in 2016. With the rise of online gaming, game virtual social system, PVP system, and high-value game economy system are becoming more and more prevalent in mobile games, posing considerable security risks to the industry.
    [Show full text]
  • For Immediate Release
    For Immediate Release TENCENT ANNOUNCES 2020 FIRST QUARTER RESULTS Hong Kong, May 13, 2020 – Tencent Holdings Limited (“Tencent” or the “Company”, 00700.HK), a leading provider of Internet value added services in China, today announced the unaudited consolidated results for the first quarter (“1Q2020”) ended March 31, 2020. 1Q2020 Key Highlights Revenues: +26% YoY, non-IFRS1 profit attributable to equity holders of the Company: +29% YoY ▪ Total revenues were RMB108,065 million (USD15,252 million2), an increase of 26% over the first quarter of 2019 (“YoY”). ▪ On a non-IFRS basis, which is intended to reflect core earnings by excluding certain one-time and/or non-cash items: - Operating profit was RMB35,575 million (USD5,021 million), an increase of 25% YoY. Operating margin remained stable at 33%. - Profit for the quarter was RMB27,984 million (USD3,950 million), an increase of 29% YoY. Net margin increased to 26% from 25% last year. - Profit attributable to equity holders of the Company for the quarter was RMB27,079 million (USD3,822 million), an increase of 29% YoY. - Basic earnings per share were RMB2.858. Diluted earnings per share were RMB2.817. ▪ On an IFRS basis: - Operating profit was RMB37,260 million (USD5,259 million), an increase of 1% YoY. Operating margin decreased to 34% from 43% last year. - Profit for the period was RMB29,403 million (USD4,150 million), an increase of 6% YoY. Net margin decreased to 27% from 33% last year. - Profit attributable to equity holders of the Company for the quarter was RMB28,896 million (USD4,078 million), an increase of 6% YoY.
    [Show full text]
  • GAME CHANGER Brands and Gaming
    Gamefluencer, a recent phenomenon reshaping the brand's marketing strategy for many sectors as it becoming the ‘GAME CHANGER’ This report is about Brands and Gaming: The Unlikely Partnership Set To Explode In 2020 2 Gaming The Next Frontier For Brand Activations After the halt of new game licenses that paused the Luxury and lifestyle brands and the video games industry in late 2018, new licenses finally resumed in industry are set to become increasingly 2019, although at a slower pace than before. This intertwined as high-end brands find new ways to slowdown in the industry allowed the Chinese market, “engage and excite millennials”. previously the largest and fastest growing in the world, to slip back into slot #2 going into 2020. PP / / 2 2 Capitalize On The Increasingly Lucrative Market According to a new report from investment banking giant Jefferies, luxury brands are set to drive this unlikely partnership forward over the coming years as they seek to capitalize on the increasingly lucrative market. China is the number one games market in the world accounting for 25 percent of the market, and Jefferies expects the Chinese cluster to account for 80 percent growth in the luxury industry in 2020. P / 3 Women Lead The Way Over a third of China’s population play some sort of video game 630 million people with women representing over 58 percent of those players, this figure is expected to grow by another 55 million in two years. P / 4 The Next Generation of Luxury Consumers With current market revenues at approximately $21.4 billion, China surpasses all other countries when it comes to mobile games.
    [Show full text]
  • Defence of Chinese State-Sanctioned History Against Perceived Attacks from Honor of Kings
    Defence of Chinese state-sanctioned history against perceived attacks from Honor of Kings Bjarke Liboriussen University of Nottingham Ningbo China School of International Communications 199 Taikang East Road +86 574 8818 0000 ext. 8992 [email protected] Paul Martin University of Nottingham Ningbo China School of International Communications 199 Taikang East Road +86 574 8818 0000 ext. 8172 [email protected] Keywords China, Honor of Kings, MOBA, history, social media, Zhihu Honor of Kings (wangzhe rongyao, Tencent 2015) is a multiplayer online battle arena game (MOBA), released in the Chinese market in 2015 and internationally under the name Arena of Valor, in 2017. Like other MOBA games such as League of Legends (Riot Games 2009), Honor of Kings involves players selecting heroes and competing against each other in teams or, more rarely, individually to attack their opponent’s territory and defend their own. Honor of Kings is a mobile game, and its gameplay is less complex than League of Legends. It is also the first major MOBA game to be produced in mainland China. Honor of Kings has been very successful in China, with some reports putting the registered users at 200 million (Shijia 2017; Cowley 2017). With this success has come government scrutiny. From March 2017 critical articles begin to appear in the society, culture and opinion sections of The People’s Daily, the official mouthpiece of the Chinese Communist Party (CCP), as well as a widely discussed article in Guangming Daily (Zhang 2017). The most widely reported of these critical articles (Li, G. 2017) led to a short-term drop in Tencent’s share price, and prompted Tencent to introduce systems to prevent young players spending too much time at the game (Reuters 2017).
    [Show full text]
  • Expected Outstanding Growth in Online Games Business
    股 票 研 [Table_Title] Jason Zhou 周桓葳 Company Report: Tencent (00700 HK) 究 (852) 2509 5347 Equity Research 公司报告： 腾讯控股 (00700 HK) [email protected] 26 June 2020 Expected[Table_Summary] Outstanding Growth in Online Games Business 预计较好的在线游戏业务增长 China’s mobile games market maintained its growth momentum in May, Rating:[Table_Rank] Buy although user time spent is expected to have declined from its peak Maintained 公 during the quarantine period. According to CNG, China’s mobile games market scale increased 11.9% mom in May, reaching RMB17.68 billion. We 司 评级： 买入 (维持) believe that the new titles supply will be the growth engine of the mobile 报 games market in 2H20. 6[Table_Price]-18m TP 目标价 : HK$555.00 告 We have revised up 2020-2022 online games revenue by 2.4%, 2.0% and HK$500.00 Company Report 3.5%, respectively, due to 1) expected strong performance of Tencent signature smatphone games such as HoK and Peacekeeper Elite, and 2) the Share price 股价: HK$485.000 newly launched game Brawl Stars. In addition, we found that the Company has a good balance within their smartphone games portfolio structure in terms of game lifetime and cash generated capability. Stock performance 股价表现 We believe that WeChat Channels ("Channels") could further amplify WeChat's content ecosystem and enhance users' time spend. We view 50.0 % of return Channels more than a short video platform. In addition, we believe that 40.0 Channels will strengthen the Company's online advertising business and 30.0 fintech and business services in the long run.
    [Show full text]
  • Conan Unconquered to Launch Early, System Requirements Released
    Dark Times: The upcoming RTS Conan Unconquered will feature a previously unannounced day and night cycle. May 24, 2019 12:00 UTC Conan Unconquered to launch early, system requirements released The Command & Conquerveterans from Petroglyph and publisher Funcom have moved the launch date for Conan Unconquered from May 30th to May 29th. OSLO, Norway – May 24th, 2019 – The upcoming RTS game created by the Command & Conquer veterans at Petroglyph is now due to release late afternoon on May 29th, one day earlier than previously announced. DOWNLOAD VIDEO AND KEY ART HERE: Download from the FTP |Embed from YouTube Download key art and screenshots from the Funcom FTP “We're eagerly looking forward to launch and to getting Conan Unconquered into the hands of players. The game has really come together and although the skill cap is high, it's tremendously fun to play,” says Lawrence Poe, Chief Product Officer at Conan Unconquered publisher Funcom. The upcoming RTS has already received positive previews, with several journalists comparing it to the highly successful game They Are Billions. The game has a number of features that set it apart from the other games in the genre, however. Among them the fact that you control a hero, as well as the army you amass. Also, the game’s co-op mode and the newly announced challenge mode, in which players can challenge one another on a unique map with a unique leaderboard, look to be welcome additions to the RTS genre. The system requirements were also revealed today, and are as follows: Minumum: Windows 7, 8 or 10 (64 bit) 8GB of RAM Core i3 (dual core) @3Ghz+ or equivalent Intel HD Graphics 620 or DX11 graphics card w/ minimum 1GB dedicated RAM Storage – 10GB Recommended: Windows 7, 8 or 10 (64 bit) 8GB of RAM Core i5 (quad core) @3Ghz+ or equivalent Nvidia Geforce GTX 970 or AMD RX580 or better Storage – 10GB The game is currently available for pre-order on Steam and via www.conanunconquered.com.
    [Show full text]
  • Downloads on Ios and Android Combined
    Call of Duty: Mobile Opens to Massive Launch October 4, 2019 Achieves #1 App Ranking on iOS in Over 100 Countries and Regions Surpasses More Than 35 Million Downloads on iOS and Android Combined SANTA MONICA, Calif.--(BUSINESS WIRE)--Oct. 4, 2019-- Activision’s Call of Duty®: Mobile has surpassed 35 million downloads faster than any other mobile First Person or Third Person Action games on App Store and Google Play.i Published by Activision, and developed by Tencent Games’ award-winning TiMi Studios, the new title has achieved the #1 app ranking on App Store based on downloads in over 100 countries and regions since launch.ii Call of Duty: Mobile delivers the definitive, free-to-play, first person action experience on mobile, bringing together the most beloved maps, competitive modes, iconic characters and signature weapons from across the franchise, including the Modern Warfare® and Black Ops universes, in one epic experience. “The response from fans across both Android and iOS has been amazing. Already, Call of Duty: Mobile has surpassed 35 million downloads on its way to becoming the #1 ranked iOS app in downloads overall, not only among games, but also among all apps, in 100 countries,” stated Rob Kostich, president, Activision. “This is an incredibly fun experience, and we’re only getting started. Congratulations to the teams at Activision and at our partner Tencent’s TiMi Studios for making such a great game for players. And special thanks to our fans for their continued support. There is a ton more to look forward to as we release more content and updates.” The title includes full head-to-head competitive Multiplayer modes, as well as an all-new Battle Royale experience, including classic locations from Call of Duty® featuring land, sea and air vehicles.
    [Show full text]
  • Riot Games Lays out Long Term Growth Strategy
    Publication date: 24 Oct 2019 Author: Omdia Analyst Riot Games Lays Out Long Term Growth Strategy Brought to you by Informa Tech Riot Games Lays Out Long Term Growth 1 Strategy During Riot Games’ League of Legends 10th anniversary celebratory stream, the company announced an unexpectedly large roster of new games and its expansion strategy for at least the next 3-5 years. For a company that has been built and focused on one title for a decade – albeit one that has generated $20 billion in revenues according to the company - this marks a major gear change in its ambitions. The list of announced games and other ‘projects’ in development were as follows: . League of Legends: Wild Rift - a mobile and console version of the world’s biggest PC online and esports game League of Legends (LoL) . Teamfight Tactics - Already available on PC, Riot confirmed that a mobile version of its LoL-based auto battler game was in the works . Legends of Runeterra – A LoL based digital card game coming to PC and mobile, which shares some similarities to Blizzard’s Hearthstone . Project A, a tactical team-based first-person shooter was confirmed to be in development. Not a lot is known about this game, but it looks to combine the aesthetic and some character-based play of Blizzard’s Overwatch with Valve’s Counter-Strike: Global Offensive . Project L, a fighting game set in the LoL universe was confirmed to be in development . Project F, confirmation of development of a 2.5D Diablo-like experience set in Runeterra and based in the LoL universe .
    [Show full text]
  • Conan Exiles Technical Manu
    Version 1.6 1 Table of Contents 1 Table of Contents .................................................................................................................................. 2 2 Introduction .......................................................................................................................................... 5 3 Conan Exiles survival guide ................................................................................................................... 5 3.1 Starting off .................................................................................................................................... 5 3.2 The HUD ........................................................................................................................................ 6 3.3 Inventory and character screen .................................................................................................... 7 3.4 Stats and leveling up ..................................................................................................................... 8 3.5 Feats .............................................................................................................................................. 9 3.6 Harvesting ..................................................................................................................................... 9 3.7 Crafting ........................................................................................................................................ 10 3.8 Building ......................................................................................................................................
    [Show full text]
  • Newzoo the Role of Mobile in Esports
    FREE REPORT THE STATE AND FUTURE OF MOBILE ESPORTS IN ASIA AND THE WEST FEBURARY 2018 1. Market Overview 5 2. PC Esports vs. Mobile Esports 11 3. Mobile Esports in the West 16 4. Mobile Esports in Asia 22 5. Future Outlook 29 AN OVERVIEW OF THE CURRENT MOBILE ESPORTS SCENE FEATURED CASE STUDIES The past two years has witnessed crucial developments in the global esports market, growing by 102% in revenues from 2015 to 2017. While mobile has quickly grown as the biggest gaming screen worldwide, its esports scene is largely lagging behind that of PC and console. DAU in DAU in the West In Asia however, mobile esports is experiencing a boom, accelerated by the mobile-first China culture of the region. The phenomenon is especially outstanding in China, leading with top Battle of Balls Clash Royale franchises such as Tencent’s Honor of Kings and Giant Network’s Battle of Balls. In Asia, in China in the West mobile esports is expected to follow a similar structure to that of PC, with the top games being played and scalable stadium events taking place with large viewership. In the West, PC is still the dominant form of gaming entertainment and is expected to remain so for the coming years. Here, mobile esports is expected to be more successful in other layers of esports, such as the amateur scene. For the mobile esports scene, 2018 will be a year to uncover its own identity within the larger esports ecosystem. PETER WARMAN NEWZOO CEO 3 © copyright Newzoo 2018 NUMBER OF EVENTS, FEATURING TWO DISTINCTIVE FRANCHISES THE WESTERN OF ASIAN VIEWERS OF
    [Show full text]
  • World Building
    TRANSMEDIA Boni (ed.) Transmedia, Fans, Industries Fans, Transmedia, World Building World Edited by Marta Boni World Building Transmedia, Fans, Industries World Building Transmedia: Participatory Culture and Media Convergence The book series Transmedia: Participatory Culture and Media Convergence provides a platform for cutting-edge research in the field of media studies, with a strong focus on the impact of digitization, globalization, and fan culture. The series is dedicated to publishing the highest-quality monographs (and exceptional edited collections) on the developing social, cultural, and economic practices surrounding media convergence and audience participation. The term ‘media convergence’ relates to the complex ways in which the production, distribution, and consumption of contemporary media are affected by digitization, while ‘participatory culture’ refers to the changing relationship between media producers and their audiences. Interdisciplinary by its very definition, the series will provide a publishing platform for international scholars doing new and critical research in relevant fields. While the main focus will be on contemporary media culture, the series is also open to research that focuses on the historical forebears of digital convergence culture, including histories of fandom, cross- and transmedia franchises, reception studies and audience ethnographies, and critical approaches to the culture industry and commodity culture. Series editors Dan Hassler-Forest, Utrecht University, the Netherlands Matt Hills, University
    [Show full text]