Strauss Zelnick, CEO of Take-Two, seen here in a luxe cashmere turtleneck in 2017.photo: Stuart C Wilson (Getty Images) In 2020, as the world grappled with a paradigmatic societal shift in the form of a global pandemic, the CEOs of the largest gaming companies collectively brought home almost $1 billion. This is acc a new ...
image: Mediatonic / Housemarque / Turtle Rock / Money photo by Ozan Kose (Getty Images) The video game industry went on a shopping spree in 2021. During the year, a handful of larger companies consistently bought up a shipload of smaller companies at a rate that announced a new acquisition every few weeks. All of ...
Battlerite developer Stunlock Studios is deepening its ties with Tencentpicture: Stunlock Studios Yesterday, Kotaku reported that Tencent wants to buy the British game maker Sumo Group for a staggering $ 1.3 billion. Today we report that the Chinese conglomerate has acquired a majority stake in Stunlock Studios. Sweden-based Stunlock Studios is best known for free-to-play ...
photo: Sumo digital The British company Sumo Group, whose various studios have worked on everything from Hitman to power to Disney infinity, was bought by Chinese giant Tencent for a whopping $ 1.3 billion. Reuters report. The purchase is merely the latest from Tencent, who have invested in or acquired other gambling companies in recent ...
