Recently Michael Hill, Director at Arrowpoint Advisory, attended #GamesCom2024 - the largest European trade fair for the digital entertainment industry.
The gaming market underwent a significant market correction towards the end of 2023 and through the first half of 2024 with many studios doubling down on core franchises, rationalising costs and limiting external investment. As the market recovers there are signs of green shoots with selective M&A and financings and significant budgets allocated to M&A over the next couple of years.
At the event, Mike had the chance to discuss the future of the industry with other experts, including the attraction of investment from prominent VCs in the space where PE remains cautious of original IP favouring pure-play services businesses.
Read Mike’s key takeaways and further insights into the industry here: https://lnkd.in/eDwU6xXA
To find out more about how we can support founders, CEOs and owners in the industry, please contact our digital entertainment sector team - Stan Ruskov, Jake van Beever and Michael Hill.
#privatequity #videogames #digitalentertainment
News Anchor and Sports Host. Anchor of the Fox29 News at 5pm, 6pm 10:00 & 11pm in Philadelphia; Host of the Phantastic Sports Show. Weeknights on Fox29. 6-time Emmy Award Winner
2moSounds like a great event!