Investment Archives : Seasoned Gaming

Sony and KIRKBI Invest $2 Billion in Epic Games’ Metaverse Vision

11

Apr

Latest News

Sony and KIRKBI Invest $2 Billion in Epic Games’ Metaverse Vision

This morning Epic Games announced a $2 billion round of funding to advance their vision towards building the metaverse and the future of digital entertainment. The investors were Sony and KIRKBI which is the investment company behind The LEGO group with each investor contributing $1 billion. Multiple formal statements were…

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Splitgate Expands Beta, Full Release Pushed to August

26

Jul

By Seasoned Gaming

Latest News

Splitgate Expands Beta, Full Release Pushed to August

1047 Games, developers of Splitgate, have had quite the ride the past few weeks. After quietly entering beta on July 13th, two million players have since downloaded the beta with up to 75,000 playing concurrently. Obviously for a small team of four, this has been quite the challenge. Today, the…

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Sony Invests $250 Million into Epic Games to Purchase Minority Stake

09

Jul

By Seasoned Gaming

Latest News

Sony Invests $250 Million into Epic Games to Purchase Minority Stake

Earlier today it was announced that Sony had made a "strategic investment" into Epic Games in the amount of $250 million. This represents a minority stake of approximately 1.5% given Epic's estimated value of $17 billion. Epic Games Founder and CEO Tim Sweeney said the following of the investment which…

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Quantic Dream Receives Investment from NetEase, Potentially Going Multi-Platform

29

Jan

By Seasoned Gaming

Latest News

Quantic Dream Receives Investment from NetEase, Potentially Going Multi-Platform

NetEase, who just last year invested $100 million into Bungie, has announced their latest investment. The recipient is Detroit Become Human developer Quantic Dream. While specific financial details were left out, they did issue a formal statement: With a strong focus on in-house development, we are constantly looking for partners…

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