PEOPLE CAN FLY GROUP ACQUIRES COOLDOWN GAMES BRAND, PUBLISHING RIGHTS, AND VETERAN GEARBOX PUBLISHING TEAM TO RESTORE ITS GLOBAL PUBLISHING VERTICAL.
People Can Fly Group has acquired the Cooldown Games brand, its publishing rights, and a team from Gearbox Publishing to re-establish its global publishing vertical. This move aims to strengthen People Can Fly's self-publishing strategy, increase profit margins on owned intellectual property, and introduce a new revenue stream through third-party publishing agreements. The acquisition also provides growth capital and operational support to Cooldown Games' existing slate of titles.
Games Press
- Entities
- Microsoft
- Publishing
- Bulletstorm: Full Clip Edition
- Lost Rift
- Sebastian Wojciechowski
- Sony Interactive Entertainment
- Outriders
- Krafton
- Xeno Point
- Painkiller
- Cooldown Games
- Mergers and Acquisitions
- Gears of War: Judgement
- Self-Publishing
- People Can Fly
Original source
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