Games Investment Crawls Back In Play In Second Quarter, Up 32 Percent
Like a nearly unkillable boss character, investments in the video games business have stirred back to life after a rugged 2023, rising nearly a third over the first half of 2024 to the highest levels in nearly two years, according to statistics compiled by industry consultant Digital Development Management.
“Q2 2024 investments totaled $3.05 (billion) across 222 investments (+32% in value and +21 in volume compared to Q1’s $2.3 (billion) and 184 investments) achieving the most investment volume in nearly two years as games investments have not surpassed 200 investments since Q3 2022,” according to the report. Continue reading.