MTG agrees to sell Kongregate to Texas studio Monumental
Game Developer
FEBRUARY 13, 2024
Monumental is set to acquire Kongregate, but MTG plans to take a 30 percent stake in the newly-combined company.
Game Developer
FEBRUARY 13, 2024
Monumental is set to acquire Kongregate, but MTG plans to take a 30 percent stake in the newly-combined company.
GamesIndustry.biz
FEBRUARY 13, 2024
Austin-based developer Monumental has entered into an agreement to acquire gaming publisher and web portal Kongregate for an unknown sum. As reported by Pocket Gamer , the two companies will fully merge as a result, with Monumental CEO Monty Kerr heading both. The acquisition will combine both studios' portfolios of over 40 games. "We
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PreMortem.Games
NOVEMBER 23, 2023
And Digital Bros and Kongregate also joined the ‘ wave of video game industry layoffs.’ Game companies remain mostly absent, despite New York’s growing prominence as a hub for investment and creativity in interactive entertainment. Similarly, Amazon Game Studio announced the termination of 180 jobs.
Deconstructor of Fun
JUNE 3, 2020
Now that we know all this, it’s clear that understanding the impact of these changes on how products are designed and built will be crucial for all mobile-first companies who want to dominate this space in the upcoming years. These tectonic shifts in how UA is done happen every few years and companies who understand them early on will win.
Deconstructor of Fun
JANUARY 17, 2020
Kolibri is closely followed by Kongregate, East Side Games and Game Hive - all at 11% market share. Kongregate was able to sustain a healthy position due to impressive growth from Adventure Communist. Further, Kongregate also made two non-Idle acquisitions in the year - dungeon crawling RPG Bit Heroes and 2D Battle Royale Surviv.io.
Deconstructor of Fun
APRIL 15, 2024
With a career dating back to 2012, Ken has contributed to renowned gaming companies such as Blizzard, Scopely, and Kongregate. Guest Post by Ken Landen , an experienced figure in the gaming industry, currently serves as the CEO and Co-Founder of a startup that's currently in stealth mode.
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