Game Deal Making Picks Up In Q4 After Quiet 2024
Thousands of layoffs and several spectacular flops battered the video game business in 2024 as it continued to endure the post-pandemic pullback in audiences. The good news: Year-end statistics on deal-making suggests a modest uptick in the sector, some $17.5 billion in 985 deals. Just don’t expect too much heat quite yet.
“While the games industry has made it through ‘survive ’til ’25,’ DDM’s outlook remains cautiously optimistic,” said Mitchell Reavis, Manager of the DDM Games Investment Review, a quarterly report on IPOs, mergers & acquisitions and investments in the industry. “However, the belt-tightening is certainly not over as DDM expects the games industry to suffer more layoffs, pivots from in-house game development to external, and divestitures of non-core business offerings.“ Continue reading.