Starbreeze Studios has released their financial results for Q1 2020, showing that it has managed to somewhat further recover from the financial issues.
Digital Bros, the parent company of 505 Games, has completed their acquisition of Starbreeze Studios.
Starbreeze has raised over $5 million in order to fund the development of new games, with Payday 3 being one of the key releases the developer wants to work on.
Former Chief Financial Officer for Starbreeze, Sebastian Ahlskog, has been convicted of gross insider crimes by Swedish authorities after an investigation.
Starbreeze’s full-year financial results for one of the company’s most difficult years in history have been released.
Digital Bros. is set to acquire all of the assets in Starbreeze held by Smilegate. This will increase the company’s stake in Starbreeze by 30 percent.
Rockstar Games announced that they have acquired Dhruva Interactive, an Indian art production studio, for $8.9 million from previous owners Starbreeze.
Publisher 505 Games has confirmed that Overkill’s The Walking Dead game for consoles has not been canceled but was delayed.
Overkill’s The Walking Dead title was due to arrive on consoles next month, but now it’s been announced that the console version has been delayed.