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Sony saw $11 billion in sales over the third quarter, which is a 16% increase from the year before. Sony has increased their projected overall revenues for the fiscal year to reach 4,610 billion yen ($30 billion) by March.
Krafton reports “all-time highs” in sales and operating profits in 2024 – GamesIndustry.biz
PUBG’s Krafton has had a record year, with year-over-year revenues soaring 41.8% in 2024. Massive revenue increases can be traced to Krafton’s expansion of PUBG’s Battlegrounds Mobile into Indian markets.
MTG closes $620m acquisition of Plarium – GamesIndustry.biz
The developer Plarium has been acquired by the Swedish company Modern Times Group for $620 million. CEO Maria Redin stated this venture will be a “major catalyst for our future growth,” propelling MTG to become a major leader in the European gaming group.
Dead Astronauts raises over $4M in seed round to develop its first game – VentureBeat.com
An up-and-coming studio, Dead Astronauts, has received $4.1 million in seed money from a variety of investors, including Behold Ventures. The studio will use the investment to expand their workforce while working toward their debut release, VEIL.