Devolver Rejected Deals To Include Games On Subscription Services, As Offers Reportedly Get Smaller

David Wolinsky
9/25/2023

Subscriptions are becoming a more prominent part of the games industry, but smaller subscription deals and the underperformance of certain titles have significantly affected Devolver and TinyBuild, according to a report by stockbroking firm Goodbody (via GamesIndustry.biz)."Subscription is under pressure at the moment [at Devolver and TinyBuild]," said Patrick O'Donnell, technology and video gaming analyst at Goodbody. "The checks coming from Sony and Microsoft are just not as big as they were."On Devolver's part, this could in part be explained by the company's latest financial results, ending June 30 and released Monday: In addition to delays on "high-potential titles," the company self-reports that it "declined subscription deal proposals that undervalued the titles' values and revenue opportunities... resulting in lower subscription revenues."Continue Reading at GameSpot...

Original

Categories: Entertainment | Financial | Games | Microsoft | Microsoft | Revenue | Sony | Tech | Video

Tags: big | coming | company | deal | deals | financial | firm | games | gamespot | gaming | include | june | latest | lower | microsoft | moment | monday | offers | part | patrick | reading | report | reportedly | results | sony | technology | video

---