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Paradox to write down Lamplighters League costs, confirms layoffs at Harebrained Schemes

GamesIndustry.biz

Paradox Interactive has announced it will write down capitalised development costs for The Lamplighters League, and confirmed layoffs occurred at developer Harebrained Schemes earlier this year. In a post on its website , the Swedish company explained that SEK 320 million ($29.4 million).

Writing 119
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Harebrained Schemes and Paradox Interactive to split in 2024

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Paradox Interactive and Harebrained Schemes (HBS) have agreed to separate. On January 1, 2024, the companies will part ways; both parties said the decision was a part of their strategic and creative priorities. Read more

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Istanbul Gaming Summit 2023

Deconstructor of Fun

Katz went on to talk about the state of M&A and noted that where in previous years 80-85% of acquirers were publicly listed companies, in the last year that figure was around 20%, with many private buyers coming into play. He also urged founders to acknowledge that as their company scales, teams must change the way they work.

Games 59
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How Riot can Turn Team Fight Tactics into a Billion Dollar Game

Deconstructor of Fun

If this wasn’t a Riot’s game, we’d deem it as a commercial failure by now, because very few companies can turn the boat around at this point. For example, deep metagame, like the one in TFT, rewards players who study it and interacts with the community to find the best combos for current patch. After four months TFT has $.43