Jumpgate CEO Harald Riegler © Jumpgare Business Jumpgate AB announces rights issue The Swedish games group Jumpgate wants to raise the equivalent of around 2.5 million euros in fresh capital by issuing new shares with preferential purchase rights for existing shareholders. According to Jumpgate, the response is promising. Jumpgate has announced a further measure to reduce its debt burden in order By Stephan Steininger • 2 min read
Tim Cullins, Mafalda Duarte and Zak Whaley (from left to right) © IGDA People Global Developers Association Elects new Board Members and Appoints new Chair Zak Whaley takes over as Chairman of the IGDA following this year's board elections. He succeeds Margaret Krohn, whose term as Chair ended in March. Two new members are welcomed to the board. The International Game Developers Association (IGDA) has a new Chairman of the Board. Following the By Stephan Steininger • 1 min read
Was announced in April: Tales of the Shire: A Lord of the Rings Game © Private Division/Weta Workshop Business Embracer Specifies Film Projects but Does not (yet) Announce any new LotR Games Peter Jackson, Fran Walsh and Philippa Boynes will indeed produce the two new films from the Lord of the Rings universe, the first of which is due to be released in cinemas as early as 2026. Embracer and its subsidiary Middle-earth Enterprises have not revealed any new games from By Stephan Steininger • 1 min read
Andrew Wilson CEO Electronic Arts © Electronic Arts Business Electronic Arts Spends $64m on Restructuring Although Electronic Arts increased its revenue and net income in the last financial year, the company also undertook a multi-million dollar restructuring programme again. Electronic Arts is not dissatisfied with the past financial year. This is stated in the press release issued by the company on the publication of By Stephan Steininger • 2 min read
Bavarian Digital Minister Fabian Mehring increased the budget for the Games/Bavaria team at Medien.Bayern with Managing Director Lina Timm (2nd from right) at the beginning of the year © Games/Bavaria/Archive picture Business Games/Bavaria Launches its own Accelerator Programme Bavarian game developers have until the end of May to apply for the first round of Games/Bavaria's new Level Up accelerator programme. The programme offers workshops, targeted coaching and free co-working space. The patron of Games/Bavaria's new Level Up accelerator programme is the By Stephan Steininger • 1 min read
© Holoride VR-XR-MR Holoride Files for Protection Against Creditors The Munich-based VR specialist Holoride is insolvent. The district court responsible has granted the company's application and opened provisional insolvency proceedings. However, it is uncertain how Holoride will develop in the course of the insolvency proceedings. What is certain is that the Munich Local Court opened provisional By Stephan Steininger • 1 min read
The winners of the GamesPreis24 © JFF - Institut für Medienpädagogik Campus GamesFestival24 Counts 1500 Participants The 4th edition of the GamesFestival in Munich was a success, although not a new record year. At the end of the event, the GamesPreis was awarded in the age categories 12 to 18 years and 19 to 26 years. The core theme of this year's GamesFestival, in By Stephan Steininger • 2 min read
Wurden beide mehrfach nominiert: Harold Halibut von Slow Bros. (l.) und Sibel's Journey von Food for Thought Media © Slow Bros. / Food For Thought Media Business German devs make it onto the BIG Festival shortlist several times With Harold Halibut and Sibel's Journey, two German productions have made it onto the shortlist of the BIG Festival at gamescom latam several times. But in addition to Slow Bros. and Food for Thought Media, Daedalic, Risa Interactive, Crumbling Games, Turtle Knight Games/Cobratekku Games and skaule games By Stephan Steininger • 2 min read
Florian Bohn, CEO Tivola and COO Jumpgate © (Archive picture) Business Tivola sells mobile business to Trophy Games As part of the restructuring of the Jumpgate Group, Hamburg-based Tivola Games is divesting its mobile business. The buyer of the free-to-play games is Trophy Games, which intends to pay SEK 8.2 million. The Hamburg-based studio Tivila Games, which belongs to the Swedish Jumpgate, is By Stephan Steininger • 1 min read
© Limbic Entertainment/Bandai Namco Europe People Limbic Entertainment Continues to Grow While other companies are cutting capacity, Bandai Namco Europe's Limbic Entertainment studio has welcomed nine new employees since the beginning of the year. This strategic expansion is also due to the success of Park Beyond, developed by German studio Limbic Entertainment and published by Bandai Namco Europe. Bandai By Stephan Steininger • 1 min read
© Assemble / Marcinek Business Submissions for GDD Indie Awards Open Indie teams from Germany have until 7 June to submit their game for this year's GermanDevDays Indie Award. The prizes in the seven categories are endowed with 10,100 euros, as for the first time the worst game, Best Beaver Poop, is also endowed with 100 euros to By Stephan Steininger • 1 min read
The business initiation trip goes to Manchester and London, even if there is hardly any time for sightseeing © Pexels/Kris Schulze/Szymon Shields Esports BMWK Funds Esports Business Initiation Trip to the UK At the end of October, the Federal Ministry for Economic Affairs and Energy is funding the first business trip focussed on esport to the UK. Twelve German companies can take part in the business development trip to Manchester and London. The project is primarily aimed at small and medium-sized By Stephan Steininger • 1 min read
