Reinout te Brake is running a Video Gaming Consulting Firm. He and his team are assisting video games companies with their strategy, finance and exit strategie. It is not just about developing one video game, it is about much more to run a successful outfit in the game industry today. In his podcast… read more
In this episode I have Sergei Evdokimov, an investment associate at Mail.ru Games Ventures. We talk about Gaming acquisitions and investments Q1 2020. Interesting to hear that Investors and funds pumped more than $700 million game startups in the first quarter. The volume of game merger and acquisition deals was $1.6 billion in the first quarter, compared to only $1 billion for the full six months of the first half of 2019. That was driven by big deals such as Scopely’s acquisition of FoxNext. Meanwhile, the first quarter investment amount of $700 million was down about 2.7 times from $3.8 billion in the first half of 2019 — where we can assume the average was $1.9 billion per quarter.
Sergei's Telegram channel: https://t.me/InvestGame/
Sergei's Blog at Medium: https://medium.com/@SEgames
Furtheron Chris Reed with Reed Thinks about esports, Joakim Achren with high gaming highlights of this week.
Also the latest interesting game news from Gamesbeat.com, GamesIndustry.biz and Pockgamer.biz.
Special thanks to Justin Berenbaum of noticing that GamesCom2020 is not happening this year. Also thanks to Ekrem Shahin, who wrote a post about Jason Kingsley, CEO of Rebellion, proactively reached out to the Department for Digital, Culture, Media and Sport (DCMS) to offer Coronavirus safety advice within their titles - Rebellion is now displaying an on screen safety message before gameplay begins within its Strange Brigade and Sniper Elite titles. DCMS has now invited the UK's 2,000+ other games companies to join this national effort.
Next week wednesday more financials when I discuss this report European video games: A safe haven in troubled times with Richard Williamson of the Edison Group.
And of course, check out my website for more episodes; PodCastGameConsultant.com
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