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Thunderful selling Nordic Game Supply to distributor's acting CEO

GamesIndustry.biz

Thunderful Group is divesting one of its distribution businesses, Nordic Game Supply, selling the company to a firm run by its current acting CEO. That evaluation has resulted in the sale to Handelsselskabet, a company owned by Nordic Game Supply's acting CEO Henrik Mathiasen. million (compared to a profit of $11.8

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Thunderful announces restructuring that will cut 20% of its workforce

GamesIndustry.biz

Thunderful Group has announced a restructuring programme to decrease costs, which will include both "significant staff reductions" and potential divestments, the company said. Read more

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Thunderful CEO says restructure is "off to a good start" as it reports full-year loss of $60m

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Thunderful CEO Martin Walfisz has said the company's restructure is "off to a good start" as the group releases its full-year financial results. For the twelve months ended December 31, 2023, the company posted a loss of SEK 609.4 million ($59.2

Games 115
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SteamWorld's Brjánn Sigurgeirsson: "We were terrified of making the same game over and over"

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Thunderful's SteamWorld series continues to leap from genre to genre with each release, and the company's Brjánn Sigurgeirsson said this stems from a fear of reiterating the same game following the team's experience as a work-for-hire studio. Read more

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Thunderful shakes up leadership team

GamesIndustry.biz

Thunderful has reshuffled its leadership, with chief games officer Agostino Simonetta leaving the company and four new executives appointed. Thunderful's VP of marketing Harriet Hughes has become its new executive vice president of publishing. She will continue being Jumpship's studio director in addition to her new position.

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Thunderful's Q1 revenue mostly flat year-on-year

GamesIndustry.biz

Thunderful has published its financial report for the three months ended March 31, 2023, which were on a par with last year. million) from the Games segment The highlights During Q1 2023, Thunderful saw 28% organic sales growth in its games segment, acting CEO Anders Maiqvist said. Net revenue : SEK 555.4 million ($53.7 million, up 1.7%

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Robot Teddy announces slate of leadership appointments

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Robot Teddy, Thunderful Games' self-publishing support agency, has announced additions to its executive team. Joining the company are Amanda Farough, Mike Futter, Alessandro Bovenzi, Hans van Brakel, and Naaila Mohammed. Read more

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