Tuesday, March 18, 2014

OBJ Enterprises, Inc. (OBJE) Looking to Capitalize on Three-fold Increase in Global Gaming App Spending

As OBJ Enterprises continues to make progress in building its roster of partners as well its portfolio of engaging mobile games with broad consumer appeal, industry reports indicate worldwide spending on gaming apps has reached a record new high. According to data from market researchers AppAnnie and HIS, global spending on mobile games reached $16 billion in 2013, or 2.9 times the previous year’s amount. In regard to spending on digital content, digital gaming was the biggest content category spent on at $34 billion, exclusive of apps.

In prime Asian markets, spending grew 4.4 times in Japan and 5.8 times in South Korea from 2013, respectively. Both of these markets are notably leading markets for digital gaming applications.

Through its gaming divisions, Obscene Interactive and Novalon Games, OBJ Enterprises is looking for new development partners to expand its portfolio of mobile games and capitalize on this explosive growth. Last week, the company’s leadership met with talented and up-and-coming gaming studios at SXSW Interactive. At that event, they discussed with these prospective partners ways in which they could market and develop hot new gaming technologies for the global marketplace. OBJ Enterprises will be engaging in further efforts for locating and engaging prospective partners at the Game Development Conference in San Francisco, California.

By partnering with multiple independent gaming studios, OBJ Enterprises looks to build a portfolio of popular gaming titles crafted with broad, global consumer appeal, and that is available across multiple mobile platforms for maximized marketing value.

For more information, visit: http://www.obsceneinteractive.com/investors/

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.


Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: