Starbreeze Is Finally Debt-Free After a Long Reconstruction
Four years and a half after it filed for reconstruction, Starbreeze finally announced to be debt-free following the latest share issue.
Stay updated with breaking news from Dhruva Interactive. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Four years and a half after it filed for reconstruction, Starbreeze finally announced to be debt-free following the latest share issue.
Here are the highlights from the recent industry hires and moves, as published in MCV/DEVELOP’s June 2023 issue - MCV/DEVELOP
TechX: The National Tech Summit Decoding Future of IT & Innovation at St Joseph’s University, Bluru Bengaluru: The National Tech Summit, TECHx:
Like many a Payday 2 player, Starbreeze Studios has made an impressive escape -- not from virtual law enforcement as part of a video game heist, but from one of the lowest financial positions a business can be in without collapsing completely. Following the poor performance of Overkill's The Walking Dead, a title the Swedish developer had invested heavily in, the company found itself facing insolvency by the end of 2018. Starbreeze was granted a period of reconstruction -- a measure in Sweden to give businesses the chance to course correct and ensure they are on the path to recovery -- and a...
Investors should note that India’s online gaming industry, already growing at a rapid pace, witnessed a jump in its user base since last year's lockdowns.