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.

Playrix has entered into an agreement with the Chinese publisher iDreamSky. Through its subsidiary, PLR Worldwide Sales Limited, it acquired 38.08 million shares of the publisher for 39 million Hong Kong dollars (4.97 million US dollars)
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.