MAGship
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Former NetEase exec Simon Zhu secures $100m to launch GreaterThan Group
Former NetEase executive Simon Zhu has launched GreaterThan Group (GTG), a new holding company that has secured $100 million in funding. GTG will support three newly formed studios: Arcanaut Studios, led by Casey Hudson; BulletFarm, led by David Vonderhaar; and MAGship, led by Masato Saki. The company aims to provide full funding and support to game development studios, allowing creators to focus on making games.
New Star Wars RPG led by Mass Effect boss backed by $100 million fund "bringing common sense back to the games industry" as it "treats developers so badly"
GreaterThan Group, a new holding company founded by former NetEase president Simon Zhu, has secured $100 million to fund game development. Among its initial projects is Star Wars: Fate of the Old Republic, a spiritual successor to Knights of the Old Republic, led by Arcanaut Studios co-founder Casey Hudson. Zhu aims to create better conditions for developers, stating the industry currently treats them poorly.
Former NetEase Exec’s New Company is Funding Star Wars: Fate of the Old Republic, BulletFarm
Former NetEase executive Simon Zhu has launched GreaterThan Group, a new holding company aiming to invest $40 million in global video game development. The company is funding Arcanaut Studios' Star Wars: Fate of the Old Republic and BulletFarm, a shooter project led by industry veteran David Vonderhaar. Zhu expressed optimism about balancing artistic achievement with commercial success, noting a shift in investment focus from gaming to AI.
