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Midia Research: Video games to pass $300bn revenue, 3.8 billion players by 2030 – GamesIndustry.biz

Midia Research put forward a new report by Karol Severin and Perry Gresham on the areas of growth expected to drive the video game industry to over $300 billion in revenue. Severin and Gresham foresee subscriptions and in-game purchases, especially cosmetics, being the determining factors to drive up revenues by 2030.

Legendary World of Warcraft designer Greg Street is building a new fantasy MMO – Polygon.com

Greg Street, designer for World of Warcraft and League of Legends, has been recruited by NetEase to start work on a new AAA MMO. Both Street and the Fantastic Pixel Castle studio are looking forward to working with fans to create an engaging new fantasy universe for players.

16-year-old student creates LIFTnow in Minecraft as a game for treating insomnia – VentureBeat.com

Inspired to help his mother, 16-year-old Varum Thvar spent a year developing a game to help people with insomnia inside of Minecraft. LIFTnow reveals educational information about improving sleep habits through its five levels of gameplay, along with simulating day and night cycles.

Atari agrees to buy classic game maker Digital Eclipse for up to $20M – VentureBeat.com

Atari sets up a deal to purchase Digital Eclipse for an estimated $20 million. Digital Eclipse brings along their expertise in video game creation as well as their drive to “preserve gaming’s heritage” to the “retro-focused” Atari.