There is a new addition to the KRAFTON family of subsidiary companies. The studio Eleventh Hour Games, which developed the action role-playing game Last Epoch, has joined them.


M&A and Investment
All news and articles about the financial side of the games industry. Private funding, public placements, VC investments, and M&A deals.
Appcharge, a payment platform catering to direct-to-consumer transactions for mobile game publishers, has conducted an analysis of $500 million in transactions from web stores. This analysis highlights a diverse range of payment preferences that vary significantly across different countries
The KRAFTON family of subsidiary companies has grown. It has been joined by the studio Eleventh Hour Games, the developer of the action RPG Last Epoch.
The Sony Corporation has entered into a strategic partnership agreement with Bandai Namco Holdings. Under this deal, it will acquire 16 million shares of the holding company, paying 68 billion yen ($464.5 million) for them.
The mobile hit MONOPOLY GO! is bringing more and more money to Hasbro, the company that owns the IP rights. In a recent financial report, Hasbro revealed that royalties from the game amounted to $83 million for the period from January to June 2025
The owner of itch.io, Leaf Corcoran, announced that the store is forced to "deindex" all NSFW content. Adult games will now temporarily not appear in search results due to the actions of activists from Collective Shout.
A recent report indicates that the UK Games Fund (UKFG) is poised to contribute between £30 million and £58 million ($40.6 million to $78.5 million) in productivity gains to the UK economy.
Sony Corporation has entered into a strategic partnership agreement with Bandai Namco Holdings. As part of the deal, it will acquire 16 million shares of the holding company, paying 68 billion yen (464.5 million dollars) for them
Gaijin Entertainment's portfolio now includes an unusual asset. The company has become the owner of the map The Pit in Fortnite after signing a "multimillion-dollar" deal with its creator known as Geerzy.
Roblox has introduced a new Learning Hub, allowing students to engage with numerous interactive educational experiences all in one location on the platform
In 2021, a group of American gamers sued Sony due to the inability to purchase digital versions of games for its consoles anywhere other than the PlayStation Store. They claimed the company created a monopoly which led to price increases. Recently, Sony attempted to reach a settlement with the plaintiffs, but the court did not approve it.
Everplay Group (formerly Team17 Group) has added to its portfolio. The company announced the acquisition of "all rights and assets" related to the Hammerwatch franchise from the Swedish indie studio Crackshell.
Red Dunes Games, a publisher and developer situated in the United Arab Emirates, has revealed a long-term partnership with Acquire Corp., the experienced Japanese studio known for series such as Tenchu and Way of the Samurai.
Developers from 11 bit studios announced that the space survival game The Alters, about a group of clones of one person surviving, sold 280,000 copies. It took the game just under a month to reach this milestone, as it was released on June 13
BetaDwarf, a studio located in Copenhagen, has received an investment from Square Enix.
Developers from Facepunch Studios announced that sales of the survival game Rust have exceeded 20 million copies. This is only on Steam. With other platforms taken into account, the number of copies sold should be even higher.
Currently, South Korea's Ministry of Economy and Finance is the second-largest shareholder of the NXC holding, which manages the Nexon corporation. However, the situation may soon change. The ministry has decided to divest its stake and has initiated the stock trading process.
Hobby World's board game publishing portfolio now includes its first video game asset. The company has become the owner of LLC "Fogame"
Keleops, a digital publishing firm, has purchased Kotaku from G/O Media in an undisclosed all-cash transaction
Metacore Studio, known for the mobile puzzle game Merge Mansion, has reported its financial results for 2024. The company proudly announced that the team has, for the first time, turned a profit, with an annual profit of 18.7 million euros.
Last Thursday, June 26, the release of Death Stranding 2: On the Beach took place. Kojima Productions has not yet shared any figures about the game, so the analytical service VG Insights did so instead
Publisher Hooded Horse and studio Sad Socket are pleased with the launch of the strategy roguelike 9 Kings, where players must build a kingdom. Within a month of early access, the game sold over 400,000 copies
The UK Government has introduced a new $40.5 million (£30 million) fund and committed to expanding the UK Games Fund to bolster the development of video games in Britain.
Sensor Tower continues to expand its portfolio. It announced the acquisition of Playliner, a mobile analytics service focused on LiveOps.
Recently, the studios Aggro Crab and Landfall — creators of Another Crab’s Treasure and Content Warning — released a cooperative game called PEAK on Steam, where players need to conquer mountains. The new release had a successful start, selling 100,000 copies on its first day.
During the week from June 10 to June 17, Counter-Strike 2 continued to lead the overall top-grossing product chart on Steam. Meanwhile, in the chart exclusively for paid projects, Stellar Blade claimed the top spot, displacing Dune: Awakening.
Over the past two months, the Singaporean fund 3D Investment Partners has been actively purchasing shares of Square Enix. Recently, it increased its stake in the Japanese company to 10.01%, making it the second-largest shareholder
Bigger Games, a mobile development company, announced the successful acquisition of $25 million in its Series A funding round, with Goodwater Capital taking the lead.
The South Korean studio Shift Up is pleased with the release of Stellar Blade on PC. The game reached Steam and the Epic Games Store on June 12 and sold over a million copies within the first three days.
In Japan, hardware sales for the Nintendo Switch 2 have nearly hit the one million mark, marking the largest console launch in the country's history.
The trade association TIGA has reacted to the UK Chancellor of the Exchequer's spending review, describing the government's pledge to boost funding for the creative sectors as "encouraging."
Very soon — June 19-20 — the WN Conference will take place in Istanbul. We're sharing the event program. Among other things, there will be a panel on developers transitioning from creating hyper-casual games to projects for Steam
SAG-AFTRA has come to a provisional agreement with a negotiating group that comprises several of the industry's top studios and publishers
A recent report from Ampere Analysis forecasts that more than 13 million players will buy a Nintendo Switch 2 in 2025
In July of last year, the studio Arrowhead sold 15.75% of its shares to Tencent, according to Di Digital. The publication claims that the deal valued the market worth of the creators of Helldivers 2 at 5.1 billion Swedish kronor, or 533 million dollars at the current exchange rate
The number of copies sold of Elden Ring Nightreign has exceeded 3.5 million, reports FromSoftware. The game reached this milestone four days after its release, which took place on May 30
The editorial team at App2Top discussed what indie means, how many game developers there are in Russia, and what their main problem is with the co-founder of the marketing agency FatPony, the head of publishing at Indie GO Fund, and the author of the Telegram channel "Tired Publishing," Danila Kamenev
Publisher Koei Tecmo and developer Team Ninja have announced that the total sales of the Nioh series have exceeded 8 million copies sold. How the sales are distributed between the first Nioh and its sequel has not been specified
Apple has purchased RAC7, the developer of the game Sneaky Sasquatch.
For the first time in history, Apple Corporation has included a game studio. The Canadian RAC7, which consists of two people, was selected
Games Workshop revealed it is awarding a £20 million bonus to its staff after disclosing its latest financial performance.
On May 8, a new crime simulator, Cash Cleaner Simulator, was released on Steam by the indie studio Mind Control Games. The game, which focuses on money laundering, caught the attention of gamers, and by the end of its debut week, its sales exceeded 100,000 copies
Catalis Group sold its subsidiary, the British publisher Curve Games, to the Indian technology company Nazara Technologies. The latter's portfolio includes games like Human Fall Flat, The Ascent, and For The King
Studio 42, a mobile development company, has secured $3.6 million in seed funding. The round was led by Play Ventures and saw contributions from GEM Capital and Arcadia Gaming Partners.
The amount he intends to invest over the next 12-24 months
Brightika, a publisher known for its mobile gaming endeavors, is branching out into PC and console markets, backed by a $3 million investment.
Gun Interactive, the developer of the asymmetric multiplayer horror game The Texas Chain Saw Massacre, is set to conclude its work on the title. The game will cease receiving any new content or support beyond May 2025
Spilled! is a relaxing game where players control a small boat to clean up the world's oceans of spilled oil and various types of trash. It was created by a developer named Lente, who dropped out of school two years ago and has since been living on a similar boat. According to her, the game's release has been successful.
Turkish-based mobile developer Fuse Games has secured a $7 million investment. The funding round was led by venture capital firm Griffin Gaming Partners, with contributions from Lakestar, NFX Capital, and Actera.
NCSOFT has decided to support emptyvessel, a studio founded last year by veterans from id Software, Naughty Dog, Activision Blizzard, and several other renowned teams. It recently became a strategic investor in the studio.