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Sega sells Relic and will cut 240 jobs across UK studios

GamesIndustry.biz

Sega has sold Relic Entertainment, and will cut 240 roles across Sega Europe, Creative Assembly and Sega HARDlight Relic is best known for the Company of Heroes and Dawn of War games, and recently developed the new Age of Empires for Microsoft. Read more

Studios 145
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Sega cancels Creative Assembly's Hyenas amid "structural reforms"

GamesIndustry.biz

Original story: Sega has cancelled Creative Assembly's upcoming title Hyenas due to "structural reforms." Other unannounced games have been cancelled too, though the firm didn't clarify from which studios. Read more

Studios 112
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New report shows game investment slowdown

Game Daily

Notable deals include the $50 million secured by metaverse gaming company Everdome in April, invested by GEM Digital; $48 million raised by in-game advertising outfit Anzu, and blockchain gaming firm Mythical Games adding $37 million to its war chest, thanks to a Level C investment round led by Scytale Digital.

Esports 52
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What’s next for Rovio? 7 Questions that Paint the Picture.

Deconstructor of Fun

This week, now that the big news on Rovio is confirmed, we look at the question on the industry’s mind — what’s next for the company under Sega? In Conversation: How Pedro Pascal Become the Face of Merge Mansion What’s next for Rovio after the Sega Acquisition? Sega’s offer represents a 63.1% Missed a previous newsletter?

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How Cookie Run Bakes its Monster Revenue

Deconstructor of Fun

By embracing and encouraging gamers’ motivation to collect and to cultivate, the card battling genre has become a proven formula for mobile companies and studios to maximize their revenue. So it successfully meets the different tastes of players regardless if they are from Asia, Europe, or the United States.

Baking 52