Starbreeze has had to sell much of its assets in order to keep its doors open while repeatedly requesting extensions from the Swedish government to complete its financial reconstruction.
The UK-based studio brings Sumo Digital’s total studio count up to eight. Sumo North West is the developer’s third addition this year alone.
With a founding team of 13 industry vets whose past credits include EVE Online and Alan Wake, Mainframe Industries will have studios in Finland and Iceland.
Frogwares, which has made a number of detective games using the Sherlock Holmes IP, said that it is bracing ‘for a significant loss.’ The developer claims that Focus Home refuses to transfer Title IDs back to Frogwares, even though their contract has expired.
The team will focus on ‘character and narrative-driven game development.’ (Image via Kotaku Australia)
Revenue for Tencent and NetEase make up well over half of the revenue of the Chinese market.
Valve has experienced plenty of difficulties in accepting foreign currencies on the marketplace.
More than a year after announcing its plans to fully enter the Chinese market, Valve is gearing up for full Steam release in China.
Former EA exec, Patrick Soderlund, founded the studio last year with Nexon as its only investor. The latest investment bolsters Nexon’s shares to just under 73%.
After a somewhat promising start to 2019’s fiscal year, Sega announced that it would be focusing on further growing its digital, mobile, and retail games offers in preparation for new ‘platforms and services.’