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Episode 14 of Gaming Business with Fexingo zooms in on the fast-growing mobile gaming markets in Southeast Asia, Latin America, and Africa. Lucas and Luna break down how rising smartphone penetration and localised payment systems — from GCash in the Philippines to PIX in Brazil — are unlocking new revenue streams beyond the saturated Western markets. They examine specific numbers: Indonesia's mobile gaming market hit $2.4 billion in 2025, Brazil added 18 million new mobile gamers in two years, and African mobile gaming revenue grew 35% year-over-year in Q1 2026. They also discuss how local studios like Moonton and Garena have used community-driven esports to monetise in these regions. If you're wondering where the next billion dollars in gaming is coming from, this is the episode.
#MobileGaming #GlobalSouth #EmergingMarkets #SoutheastAsia #LatinAmerica #Africa #GCash #PIX #Moonton #Garena #Esports #FreeToPlay #SmartphonePenetration #Business #BusinessPodcast #FexingoBusiness #GamingBusiness #Monetisation
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Remakes are everywhere in gaming, but most fail to capture the magic of the original while turning a profit. Capcom has done it repeatedly — starting with the Resident Evil 2 remake in 2019, which sold over 14 million copies. In this episode, Lucas and Luna dissect Capcom's remake playbook: why they chose fixed-camera classics over fan-favorite entries, how they balanced nostalgia with modern design, and what the numbers say about unit economics. They compare Capcom's approach to Square Enix's Final Fantasy VII Remake, which cost twice as much to develop but sold fewer units. The conversation zooms in on one specific decision — Capcom's shift to the RE Engine — and asks whether the strategy is repeatable for other publishers. If you're curious about how a mid-sized Japanese studio turned legacy IP into a growth machine without ruining its heritage, this episode is for you.
#Capcom #ResidentEvil #RemakeStrategy #GameDevelopment #Business #REEngine #SquareEnix #FinalFantasyVII #Nintendo #Sony #LiveService #CreativeEconomy #IPManagement #GamingIndustry #FexingoBusiness #BusinessPodcast #InteractiveEntertainment #StudioEconomics
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In 2024, Sony spent over $200 million developing Concord, a hero shooter meant to rival Overwatch. It launched on August 23, 2024, and was pulled from sale just 11 days later after fewer than 25,000 concurrent players on Steam. Lucas and Luna dissect the financial math behind the flop: the per-player cost of acquisition, the internal friction between Bungie's live-service expertise and traditional Sony studio culture, and why the shutdown cost less than continuing to run the servers. They trace how Sony's $3.7 billion Bungie acquisition in 2022 was supposed to fix this exact problem — and why it didn't. A sharp postmortem on the riskiest bet in modern AAA gaming.
#Sony #Concord #FirewalkStudios #Bungie #LiveService #GamingFlops #AAA #PlayStation #GameDevelopment #SonyInteractive #HeroShooter #Overwatch #Business #GamingBusiness #Postmortem #FexingoBusiness #BusinessPodcast #GamingPodcast
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In this episode of Gaming Business with Fexingo, Lucas and Luna dive into the engine wars between Unity and Unreal, tracing how two very different philosophies—accessibility versus cinematic power—reshaped game development. They unpack Unity's early bet on mobile and indie developers, Unreal's dominance in AAA and its pivot to Fortnite, and the recent pricing battles that have developers rethinking their loyalties. With specific numbers like Unity's 50% market share in mobile games and Unreal's 40% royalty-free shift for the first million dollars, the hosts explain why this isn't just a technical debate but a strategic business war. They also discuss the rise of open-source alternatives like Godot and what the next decade of engine competition might look like. If you're building or investing in games, this episode gives you the concrete numbers and strategic context to understand who holds the keys to the virtual world.
#Unity #UnrealEngine #EngineWars #GameDevelopment #GameEngines #MobileGaming #AAA #IndieDev #Business #Technology #GamingBusiness #FexingoBusiness #BusinessPodcast #GameDev #Godot #EpicGames #UnityPricing #UnrealRoyalty
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In this episode of Gaming Business with Fexingo, Lucas and Luna break down how small independent game studios are thriving while AAA publishers implode. Using Devolver Digital as the central case, they examine the indie publisher's 2025 revenue report — up 40 percent year-over-year to $180 million — against a backdrop of mass layoffs at EA, Ubisoft, and Xbox. They dig into the numbers: average indie dev team size (18 people) vs. AAA (over 400), budget differences ($3 million vs. $200 million), and how shorter development cycles (2-3 years vs. 5-7) let indies adapt faster. Luna pushes back on survivorship bias, and Lucas defends the model with concrete data on return rates and profit margins. The episode also covers why platforms like Steam and itch.io have lowered barriers, and what AAA studios could learn from indie discipline. Recorded May 25, 2026.
#IndieGaming #DevolverDigital #AAACrisis #GameDevelopment #Steam #ItchIo #GamingBusiness #BusinessModel #ProfitMargins #Layoffs #Ubisoft #EA #Xbox #ReturnOnInvestment #Business #Technology #FexingoBusiness #BusinessPodcast
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Lucas and Luna dive into one of gaming's most dramatic turnarounds: CD Projekt Red's recovery from the disastrous Cyberpunk 2077 launch in 2020 to the critically acclaimed Phantom Liberty expansion in 2023. They break down the specific steps the studio took—apologizing, refunding, patching, and ultimately delivering on promises—and what it cost in both dollars and reputation. The episode also explores the broader lesson for game studios about transparency, scope management, and the long tail of trust. No fluff, just the numbers and decisions that mattered.
#CDProjektRed #Cyberpunk2077 #PhantomLiberty #GameDevelopment #StudioTurnaround #BusinessRecovery #TrustRebuilding #PolishGameIndustry #TheWitcher #LiveService #SinglePlayerGames #GamingBusiness #Business #Technology #FexingoBusiness #BusinessPodcast #GameIndustry #InteractiveEntertainment
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Tencent owns Riot Games, has major stakes in Epic Games, Activision Blizzard, Ubisoft, and FromSoftware, and its mobile gaming arm generates more revenue than Nintendo and Sony combined. But most gamers barely know the company's name. In this episode, Lucas and Luna unpack how Tencent built a $500 billion gaming empire through a strategy of minority stakes and operational autonomy—buying influence without buying brands. They look at the 2015 deal that gave Tencent 100 percent of Riot Games after years of partnership, the Epic Games investment that paid for Unreal Engine dominance, and the awkward position of being a Chinese company that owns 'League of Legends' while the US-China tech war escalates. Specific number: Tencent's gaming revenue hit $29 billion in 2025—more than Sony's PlayStation division. The hosts also ask the uncomfortable question: when Tencent owns the pipes and the studios, who really controls the games industry?
#Tencent #GamingEmpire #RiotGames #EpicGames #LeagueOfLegends #UnrealEngine #MobileGaming #ChinaTech #GamingM&A #BusinessStrategy #GameStudios #FromSoftware #ActivisionBlizzard #Ubisoft #TencentGaming #Business #FexingoBusiness #BusinessPodcast
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In this episode of Gaming Business with Fexingo, Lucas and Luna dissect Embracer Group's spectacular rise and fall — from an acquisition spree that swallowed over 100 studios to a $2 billion deal collapse that triggered mass layoffs and studio closures. They zero in on the specific moment in May 2023 when a $2 billion partnership fell through, and trace how that single event cascaded through the entire gaming industry, forcing a reckoning with easy money and overvaluation. Lucas explains the 'acqui-hire' model that fuelled Embracer's growth, while Luna questions whether the industry learned the right lessons. They also discuss the broader implications for indie developers and the M&A landscape in 2026. Along the way, they touch on how listener support helps keep the show ad-free.
#EmbracerGroup #GamingBusiness #VideoGameIndustry #MergersAndAcquisitions #DebtCrisis #Layoffs #StudioClosures #AcquiHire #GamingPodcast #BusinessStrategy #BusinessAndTechnology #FexingoBusiness #BusinessPodcast #LucasAndLuna #InteractiveEntertainment #GamingEconomics #IndieDev #CorporateFinance
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Lucas and Luna break down how major game studios have transformed their business models around live-service revenue. Using concrete examples like Electronic Arts' Ultimate Team mode and Fortnite's cosmetic-only battle pass, they explain why recurring microtransaction income now dwarfs traditional box sales. The hosts dive into the math: how the top 10% of 'whales' drive 70% of live-service revenue, why retention metrics like DAU and MAU matter more than launch-week reviews, and how this shift affects game design itself — from progression loops to patch schedules. They also look at emerging backlash from regulators and players, including class-action lawsuits over randomized loot boxes and the upcoming EU Digital Services Act provisions targeting 'dark patterns.' The episode ends with a question about whether the next console generation will force a recalibration.
#LiveService #Microtransactions #GamingBusiness #Fortnite #ElectronicArts #UltimateTeam #Monetization #Whales #DAU #MAU #LootBoxes #EU #DigitalServicesAct #DarkPatterns #GameDesign #Business #FexingoBusiness #BusinessPodcast
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In this episode of Gaming Business with Fexingo, Lucas and Luna dive into the economics of Roblox's creator-driven platform. They break down how Roblox pays its developers, the $700 million that creators earned in 2025, and why the platform's 30% cut is both a strength and a point of tension. Lucas explains the Developer Exchange program, the role of Robux as a virtual currency, and how Roblox's model differs from traditional game studios. Luna questions whether Roblox can sustain its growth as creators demand better terms and competition from platforms like Fortnite's Creative mode heats up. With over 80 million daily active users and a market cap north of $40 billion, Roblox is more than a game — it's a blueprint for the future of user-generated content. Tune in to understand the numbers, the incentives, and the risks behind one of the most unique business models in gaming.
#Roblox #CreatorEconomy #GamingBusiness #UserGeneratedContent #DeveloperExchange #Robux #VirtualEconomy #GameDevelopment #BusinessModel #PlatformEconomics #DigitalCurrency #Monetization #GamingIndustry #Business #Technology #FexingoBusiness #BusinessPodcast #GamingPodcast
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