Amazon has confirmed its acquisition of MGM, the studio behind the James Bond and Rocky movies, for $8.45 billion. Following rumors that Amazon was the latest company looking to buy MGM Studios, it has now been confirmed that a deal for the merger has been struck. Variety reports Amazon will pay $8.45 billion to acquire […]
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Fall Guys Studio Acquired By Epic Games As Mediatonic Shares What's Next
Epic Games has announced it has acquired the development company behind the gameshow-style battle-royale hit, Fall Guys: Ultimate Knockout. Tonic Games, the parent company of developer Mediatonic, joins Epic Games less than seven months following the launch of Fall Guys on PlayStation 4 and PC via Steam. The title is currently slated to arrive this […]
RuneScape Developer Acquired By Private Equity Firm, Will Support Growth By "Evolving The Core RuneScape Franchise"
The studio behind RuneScape, Jagex, has been acquired by The Carlyle Group – a US-based global investment firm. Terms of the transaction were not disclosed, although some analysts believe the investor spent over $530 million for the acquisition. Jagex is headquartered in Cambridge, UK and employs over 450 people. Its primary focus, RuneScape, has brought […]
EGL set to be acquired by Esports Entertainment Group – Esports Insider
Esports gambling company Esports Entertainment Group has signed a letter of intent to acquire Esports Gaming League (EGL). Founded in 2005, EGL is an online tournament provider, a broadcaster, and event organiser. RELATED: Esports Entertainment Group set to acquire FLIP Sports assets EGL organises online tournaments for Call of Duty, FIFA, Fortnite, Gears of War, VALORANT, […]