Business


VaultN Secures $1.6m in Seed Funding
The VaultN leadership team (from left): Claire Ralley, Emrah Kara, Julian Migura, Björn Hornemann and Adam Selcuk © VaultN

VaultN Secures $1.6m in Seed Funding

The Dutch digital distribution platform VaultN has successfully completed a seed-funding round. The money will be used for expansion into new areas and the technical evolution of the platform. VaultN announces the successful completion of its latest seed funding round, raising $1.6 million. Led by French venture capital firm
By Stephan Steininger 1 min read
Crystal Dynamics Partners with MGM Studios to Develop Tomb Raider Stories in Streaming and Film
Prime Video has ordered a Tomb Raider series with Phoebe Waller-Bridge (Fleabag) set to write and executive produce. © Crystal Dynamics

Crystal Dynamics Partners with MGM Studios to Develop Tomb Raider Stories in Streaming and Film

In addition to the new Tomb Raider game, Crystal Dynamics is partnering with Amazon MGM Studios to develop Tomb Raider stories for streaming and film. Phoebe Waller-Bridge will write the script. The Embracer Group, through its wholly owned subsidiary Crystal Dynamics, has entered into a partnership with Amazon MGM Studios
By Marcel Kleffmann 2 min read
Claudia Kuehl and Dirk Gaertner Found Rocky Oceans Communications
Claudia Kuehl and Dirk Gaertner found Rocky Oceans Communications © GamesMarkt

Claudia Kuehl and Dirk Gaertner Found Rocky Oceans Communications

With their combined 50+ years of experience in the games industry, Claudia Kuehl and Dirk Gaertner found a new communications agency: Rocky Oceans Communications will be based in Hamburg and Munich. With the locations in Northern and Southern Germany Rocky Oceans Communicatons positions itself as a bridge between Northern and
By Stephan Steininger 1 min read
German States' Statement Raises Hopes for Quick Agreement
The German Federal Ministry of Economics and Climate Protection has initiated a dialogue on the further development of games funding with its own key points. The federal states have now submitted their coordinated response. © Steininger

German States' Statement Raises Hopes for Quick Agreement

Following the initial individual reactions, the German federal states have now coordinated a joint statement. The requested improvements do not appear to be excessive and a compromise is within reach. A further development towards a tax credit system is also not off the table. After the Federal Ministry of Economics
By Stephan Steininger 2 min read
Hermen Hulst and Hideaki Nishino named as new CEOs of Sony Interactive Entertainment
Hideaki Nishino (left) and Hermen Hulst (right) named as new CEOs of Sony Interactive Entertainment © SIE, Sony Group Corp

Hermen Hulst and Hideaki Nishino named as new CEOs of Sony Interactive Entertainment

Sony Interactive Entertainment (SIE) has announced a new leadership structure. Hideaki Nishino will become CEO of the Platform Business Group. The Studio Business Group will be led by Hermen Hulst as CEO. The new management structure is designed to ensure sustainable growth. Sony Group Corporation and Sony Interactive Entertainment (SIE)
By Marcel Kleffmann 2 min read
Berlin Expands gamescapital.berlin Initiative to Location Marketing Campaign
Franziska Giffey, Berlin's Senator for Economics, meets regularly with representatives of the Berlin games industry at the "Runder Tisch Games" (Round Table Games) © SPD-Fraktion Berlin/Sabrina Wagner Berlin

Berlin Expands gamescapital.berlin Initiative to Location Marketing Campaign

The current 'Runder Tisch Games' in Berlin focused on increasing the visibility of the games location in the capital region as well as the flagship project 'House of Games'. Economics Senator Francesca Giffey also criticised the federal government and called for improvements in funding. In Berlin,
By Stephan Steininger 2 min read
Bremen Also Supports Local Esports Club With €20.000 Each Year
The board of Bremens eSports (from left): Sascha Müller, Christoph Lüken, Philipp van Gels, Frank Holler, Alessandro Bünnagel and Luca Müller © Bremen eSports

Bremen Also Supports Local Esports Club With €20.000 Each Year

Like Dortmund, Bremen also supports the local esports club Bremen eSports with 20,000 euros per year. This indirectly increases the pressure on Berlin to support esports not only at the municipal but also at the federal level, as promised. Even though esports was not the focus of the joint
By Stephan Steininger 2 min read