Financial Management
Ongoing coverage on Financial Management.
Latest coverage
Illuvium Devs Agree to Second Wage Reduction, Restoring Runway Past the 12-Month Mark
Illuvium staff have agreed to a second round of wage reductions, extending the studio's financial runway to over 12 months. This follows a February 2025 restructuring that reduced headcount from 110 to 65. The studio continues development on its creature collection action RPG, Obelisk Rising, with no set release date.
13 Financial Fails and the Minimalist Paths That Turned Things Around
This article examines the financial struggles of various celebrities, including Christy Carlson Romano, Francis Ford Coppola, and Nicolas Cage, who faced bankruptcy and debt due to lavish spending, poor investments, and mismanagement. It highlights their paths to recovery, often through minimalist lifestyles, smarter financial habits, or new careers, serving as cautionary tales and inspiring examples of resilience.