feed.gg
Games Industry
gamesindustry.biz
Read at gamesindustry.biz ↗
newsPublished

Rovio closes Copenhagen studio following shut down of Sonic Blitz

Rovio has closed its Copenhagen studio and cancelled the mobile game Sonic Blitz, impacting approximately 20 employees. CEO Alexandre Pelletier-Normand cited poor retention and a need to concentrate resources as reasons for the discontinuation. Sega, which acquired Rovio in 2023, reported a significant impairment on the acquisition cost due to profitability falling below forecasts and challenges integrating technology.

Games IndustryArticle tone: Negative
Image · Games Industry
Original source

This article was reported and published by Games Industry. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.

Open original ↗