PC and console gaming are diverging, and most of the industry is pricing them the same. Newzoo's full-year 2025 data makes the split hard to ignore: PC rewards new creators, console rewards incumbent franchises. That asymmetry has direct implications for where early-stage capital should go.

As we look forward to 2026, my partners and I are genuinely optimistic about what lies ahead for the digital entertainment industry. While 2025 was a key inflection point that demanded patience and discipline from everyone in the ecosystem, the post-pandemic contraction appears to be largely behind us. Growth has returned and the building blocks for the next phase of industry expansion are becoming clearer. Many of these—AI-native development, new distribution models, the ris

Complexity With a gritty 2024 behind us, I think it is fair to characterize the outgoing year as complex in both the business and wine tasting senses of the word. It unfolded against a backdrop of high interest rates, global tensions, economic uncertainty, and a high-stakes US election. Yet, amidst this intricate interplay, inflation stabilized and global GDP managed moderate growth. Maturity The digital entertainment sector, while fundamentally strong, felt turbulent to many