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Krafton invests $89 million in short form K-drama firm Spoon Labs
- cnnnews
- September 11, 2024
- 0
PUBG firm Krafton has invested KRW 120 billion ($89.3 million) in streaming company Spoon Labs.This is its largest investment to date in a non-gaming area, the firm noted.Seoul-based Spoon Labs owns an audio platform called Spoon, and recently launched a service dedicated to short-form videos called Vigloo…
Lost Boys Interactive to lay off unknown number of staff
- cnnnews
- September 10, 2024
- 0
Lost Boys Interactive has laid off an unknown number of employees.The Wisconsin-based studio (which is owned by Embracer) shared a statement on Linkedin on Friday, saying the redundancies impacted staff “across several states,” without giving further detail.”As a co-development partner studio, Lost Boys is directly influenced by the projects and priorities of our development clients,”
New studio Mother Games raises $5m in pre-seed round
- cnnnews
- September 11, 2024
- 0
New studio Mother Games has come out of stealth, announcing that it’s raised $5 million in pre-seed funding.BoxGroup, Shine, and Lerer Hippeau Ventures contributed to the round, with the funds going towards the development of the firm’s first title, called Le Zoo, as well as future projects.Mother Games is based in New York and describes