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Microsoft announced plans to buy ZeniMax Media, the parent company of game developer and publisher Bethesda Softworks whose games franchises include The Elder Scrolls , Fallout, DOOM, Quake, Wolfenstein and Dishonored. Notably, Minecraft recorded a new high of nearly 132 million monthly active users during the fiscal fourth quarter.Robust market prospects have allured major players into the gaming arena. Click here to sign up to our daily newsletter, White Paper: Transform Cable Hubs into Application-Centric Cloud Sites, MacStadium Case Study: Connecting and Automating Multiple Data Centers in Days instead of Months, Analysys Mason White Paper: Operator Strategies, Use Cases and Implementation of Edge Computing, 451 Report: Delivering the Cloud Experience on Hyperconverged Infrastructure, Solution Overview: Deploy Applications from Core to Edge and Multicloud, Enterprise Insights to Become the Edge Authority, White Paper: Enterprise Insights to Become the Edge Authority, 3 Key Edge Use Cases in Five Critical Industries, Introducing Open Distributed Infrastructure Management, Acceleration technologies: realizing the potential of network virtualization by Analysys Mason, Enabling a more pervasively capable world by ACG Research, Open vRAN Promises to Change the Mobile Access Network From Procurement to Performance, Turning Disparate Data Into a Market Growth Opportunity, Rewriting the FTTx playbook with Open and Disaggregated approach, IoT Solutions for the Society Against COVID-19, Extracting the business value from cloud transformation myths and realities of value generation, Edge Computing in Telco Networks: Gaining the Competitive Edge, 5G Core Security: Assessing Commercial Readiness, The 5G platform - Bridging business and network to empower next generation monetization, SCTEISBE Live Learning Webinar Series: Virtualizing the Cable Access Network, SCTEISBE Live Learning Webinar Series: Testing the Next-Gen Cable Network, SCTEISBE Live Learning Webinar Series: Dreaming of Streaming Video, Security assurance is essential in a 5G world, AUTIN, Contactless Intelligent Operations, 'Five Uninterrupted Support' for Remote Network Assurance. Xbox content and services revenue increased 68% at cc year over year, driven by solid growth in Xbox Game Pass subscriber base, third-party transactions and Minecraft.
GAP standard financial reporting is used for annual SEC compliance reporting. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. It operates as … "Generations of gamers have been captivated by the renowned franchises in the Bethesda portfolio and will continue to be so for years to come as part of Xbox," he said. Microsoft has been doubling down on its console, cloud and PC gaming endeavors to seize a larger share of this lucrative market. There are 22 companies in the Bethesda Softworks LLC corporate family. Per Fortune Business Insights data, the gaming console market is envisioned to hit $51.51 billion by 2027 from $34.27 billion in 2019, at a CAGR of 5.3%.Also, rising interest in esports, amid shelter-in-place guidelines, is expected to lead to higher gaming spend. You can rest assured that we know (and keep up with) the accounting rules and regulations in all the jurisdictions in which we operate so we can proactively advise you of any changes that will affect your business and accounting practices. Member of NASD & SIPC. The growth in the video game market is being driven by COVID-19 induced stay at home trends, rapid uptake of mobile gaming as well as the launch of newer Xbox and PlayStation console devices. Our financial reporting services include bookkeeping and the creation of chart of accounts ensuring instantly available financial reporting using QuickBooks. Bethesda Softworks LLC is an American video game publisher based in Rockville, Maryland.The company was founded by Christopher Weaver in 1986 as a division of Media Technology Limited, and in 1999 became a subsidiary of ZeniMax Media.In its first fifteen years, it was a video game developer and self-published its titles. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.