‘Cautious Growth’ Returns To Q1 Video Game Dealmaking After Down 2023
The game business saw a modest return in the first quarter of 2024 to investments, mergers & acquisitions and IPOs after a slow 2023, though it took Disney’s headline-grabbing $1.5 billion investment to to push totals higher, according to the quarterly DDM Games Investment Review.
“Despite game industry layoffs and business turmoil, investments and M&As show a return to cautious growth,” reads the report from Digital Development Management, which provides consulting and operational services for video game companies. The report, which has been issued quarterly for 16 years, is focused on deal-making in Western markets, and doesn’t include the mammoth China games business. Continue reading.