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Announcement from Embracer Group's Extra General Meeting
Press release Stockholm, 16 November 2020 Announcement from Embracer Group's extra general meeting The extra general meeting of Embracer Group AB ("Embracer" or the "Company") was held today on 16 November 2020 in Stockholm and the following resolutions were passed by the meeting. Authorisation for the board to issue shares, convertibles and/or warrants The extra general meeting resolved, in accordance with the board of directors' proposal, to authorize the board of directors during the period up until the next annual general meeting to, on one or more occasions, resolve to issue B shares, convertibles and/or warrants with right to convert into and subscribe for B shares respectively, with or without preferential rights for the shareholders, in the amount not exceeding ten (10) percent of the total number of shares in the Company at the time when the authorization is used the first time, to be paid in cash, in kind and/or by way of set-off. The purpose for the board to resolve on issuances with deviation from the shareholders preferential rights in accordance with the above is primarily for the purpose to raise new capital to increase the flexibility of the Company or in connection with acquisitions. In connection with issuances in accordance with the above, the board of directors shall, when determining the number of shares, warrants or convertibles that may be issued pursuant to the authorization, consider and deduct the number of shares the Company holds itself at every given time after any possible reclaim of shares that have been issued in connection with acquisitions. -
OPERATIONAL EBIT INCREASED 217% to SEK 396 MILLION
THQ NORDIC AB (PUBL) REG NO.: 556582-6558 EXTENDED FINANCIAL YEAR REPORT • 1 JAN 2018 – 31 MAR 2019 OPERATIONAL EBIT INCREASED 217% to SEK 396 MILLION JANUARY–MARCH 2019 JANUARY 2018–MARCH 2019, 15 MONTHS (Compared to January–March 2018) (Compared to full year 2017) > Net sales increased 158% to SEK 1,630.5 m > Net sales increased to SEK 5,754.1 m (507.5). (632.9). > EBITDA increased to SEK 1,592.6 m (272.6), > EBITDA increased 174% to SEK 618.6 m (225.9), corresponding to an EBITDA margin of 28%. corresponding to an EBITDA margin of 38%. > Operational EBIT increased to SEK 897.1 m > Operational EBIT increased 217% to SEK 395.9 m (202.3) corresponding to an Operational EBIT (124.9) corresponding to an Operational EBIT margin of 16%. margin of 24%. > Cash flow from operating activities amounted > Cash flow from operating activities amounted to SEK 1,356.4 m (179.1). to SEK 777.2 m (699.8). > Earnings per share was SEK 4.68 (1.88). > Earnings per share was SEK 1.10 (1.02). > As of 31 March 2019, cash and cash equivalents were SEK 2,929.1 m. Available cash including credit facilities was SEK 4,521.1 m. KEY PERFORMANCE INDICATORS, Jan-Mar Jan-Mar Jan 2018- Jan-Dec GROUP 2019 2018 Mar 2019 2017 Net sales, SEK m 1,630.5 632.9 5,754.1 507.5 EBITDA, SEK m 618.6 225.9 1,592.6 272.6 Operational EBIT, SEK m 395.9 124.9 897.1 202.3 EBIT, SEK m 172.0 107.3 574.6 188.2 Profit after tax , SEK m 103.0 81.1 396.8 139.2 Cash flow from operating activities, SEK m 777.2 699.8 1,356.4 179.1 Sales growth, % 158 673 1,034 68 EBITDA margin, % 38 36 28 54 Operational EBIT margin, % 24 20 16 40 Throughout this report, the extended financial year 1 January 2018 – 31 March 2019 is compared with the financial year 1 January – 31 December 2017. -
THQ Nordic AB (Publ) Acquires Koch Media
THQ Nordic AB (publ) acquires Koch Media Investor Presentation February 14, 2018 Acquisition rationale AAA intellectual property rights Saints Row and Dead Island Long-term exclusive licence within Games for “Metro” based on books by Dmitry Glukhovsky 4 AAA titles in production including announced Metro Exodus and Dead Island 2 2 AAA studios Deep Silver Volition (Champaign, IL) and Deep Silver Dambuster Studios (Nottingham, UK) #1 Publishing partner in Europe for 50+ companies Complementary business models and entrepreneurial cultural fit Potential revenue synergy and strong platform for further acquisitions EPS accretive acquisition to THQ Nordic shareholders 2 Creating a European player of great scale Internal development studios1 7 3 10 External development studios1 18 8 26 Number of IPs1 91 15 106 Announced 12 5 17 Development projects1 Unannounced 24 9 33 Headcount (internal and external)1 462 1,181 1,643 Net sales 2017 9m, Apr-Dec SEK 426m SEK 2,548m SEK 2,933m2 Adj. EBIT 2017 9m, Apr-Dec SEK 156m SEK 296m3 SEK 505m2,3 1) December 31, 2017. 2) Pro forma. 3) Adjusted for write-downs of SEK 552m. Source: Koch Media, THQ Nordic 3 High level transaction structure THQ Nordic AB (publ) Koch Media Holding GmbH, seller (Sweden) (Germany) Purchase price EUR 91.5m 100% 100% SALEM einhundertste Koch Media GmbH, Operations Holding GmbH operative company (Austria) 100% (Austria) Pre-transaction Transaction Transaction information . Purchase price of EUR 91.5m – EUR 66m in cash paid at closing – EUR 16m in cash paid no later than August 14, 2018 – EUR 9.5m in shares paid no later than June 15, 2018 . -
THQ Nordic Acquires Coffee Stain
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. Press release Karlstad (Sweden), November 14, 2018 THQ Nordic acquires Coffee Stain THQ Nordic AB today has entered into agreement to acquire Coffee Stain Holding AB including 100 percent of its subsidiary Coffee Stain Publishing AB. Coffee Stain is a leading game developer and publisher with a growing footprint in the Nordics. The acquisition includes Intellectual property rights to Satisfactory, Goat Simulator, Sanctum and publishing rights to Deep Rock Galactic. The initial cash consideration is equivalent to SEK 317 million on a cash and debt free basis, plus additional earn-out considerations subject to fulfilment of agreed milestones. THQ Nordic estimates Coffee Stain will have net sales in the range of SEK 200-250 million and EBT in the range of SEK 100-150 million in the next financial year. "We are creating a complementary digital native pillar to THQ Nordic. Coffee Stain is a passionate and highly competent team creating and publishing great games. After some years without major releases the pipeline of new game releases such as Satisfactory and Deep Rock Galactic look strong. I look forward to work together with Anton Westbergh and his team in the future" says Lars Wingefors, CEO THQ Nordic. The transaction in brief • THQ Nordic AB ("THQ Nordic" or the "Company") acquires 100 percent of the shares in both Coffee Stain Holding AB ("CSH") and Coffee Stain Publishing AB ("CSP") (CSH and CSP jointly referred to as "Coffee Stain"). -
Control and the Controller: Narratives of Imperialism and Empire in Modern Military Shooters
Control and the Controller: Narratives of Imperialism and Empire in Modern Military Shooters James Houston Bales, Independent Scholar Joseph Conrad touched a nerve with the independent history or culture” (xviii). Said publication of Heart of Darkness. Both in is willing to let Conrad off the hook, arguing Heart of Darkness and his later works, that the greater problem exists in Conrad’s Conrad created what could be described as successors, such as Francis Ford Coppola an imperialist adventure narrative, with an and Constantin Costa-Garvas, noting that imperial protagonist realizing the end result “these works, which are so indebted to of the imperial apparatus through a series of Conrad’s anti-imperialist irony in Nostromo, brutal adventures. One of these adventures, argue that the source of the world’s Nostromo, provides Edward Said ample significant action and life is in the West,” ammunition for a criticism of the genre. In continuing on to say that “whereas Conrad his book, Culture and Imperialism, Said wrote Nostromo during a period of Europe’s describes Conrad as one of a school of largely uncontested imperialist enthusiasm, writers “whose specialty is to deliver the contemporary novelists and filmmakers who non-European world either for analysis and have learned his ironies so well have done judgment or for satisfying the exotic tastes their work after decolonization” (Said xix). of European and North American While Said’s criticism seems valid, Said is audiences” (xviii). Of Nostromo itself, Said somewhat shortsighted on this final point. is equally critical, saying that “Conrad’s Though contesting that the contemporary novel embodies the same paternalistic moment should somehow be more aware of arrogance of imperialism that it mocks in the tools and mechanisms of imperialism, characters like Gould and Holroyd. -
February 2015.Pdf (12.35Mb)
THE FACTORYTIMESDecember 2014 February 2015 INSIDE: SPORTS! COMEDY TIPS! STUPID PEOPLE! MOVIES! AND MORE! PUBLICATION DIRECTOR KRZYSZTOF GAWEL LEAD DESIGNER MICHAEL ROSENBERG CHIEF EDITOR ELLIOT O’REILLY CONTRIBUTOR ASHTON SIMONS DESIGNER ZACH HANDZEL DESIGNER MATTHEW HANDZEL DESIGNER PAUL JUILIANI CONTRIBUTOR MIKE SIMPSON WRITER ANTHONY BAPTISTE JAME$ CHAU JAMES CHAU WRITER ELIAS PAPATHEODOROU DESIGNER KAREN SEGERBERG ADVISORS KEVIN VOLO PRINTING E-mail us! CONTRIBUTOR WRITER ROBERT JONES KIRA GREGORY EUNICE-ROSE SOljOUR & [email protected] SUNYIT PRINT SHOP 2 • factory times factory times • 3 Greetings and salutations, NEW Welcome back to the place that we all know and love, the State University of New York Institute of technol….Polytechnic Institute, or SUNY Poly for short. It’s 2015 folks, and whether you are a second semester freshmen, transfer student, or a soon to be graduating senior, you should make 2015 your year. The spring semester always brings a feeling of “YAAASS, it’s almost summer” but pause real quick and think about this. Why are you TECHNOLOGY_ more excited for what’s coming up rather than what is currently happening? There are a WRITTEN_BY//MIKE_SIMPSON lot of things to look forward to in 2015. The results of the Cosby allegations, Star Wars DESIGNED_BY//ASHTON_SIMONS Episode VII, and the PC port of Grand Theft Auto V would have anyone on the edge of their seat. Just member the phrase “be here now” from time to time and though cliché, it still holds some serious weight. Don’t get me wrong, I know that it’s always good to look Thank goodness we live in the future, folks, and I use that term loosely. -
Diplomová Práce
Srovnání business modelů ve videoherním průmyslu Diplomová práce Studijní program: N6208 – Ekonomika a management Studijní obor: 6208T085 – Podniková ekonomika Autor práce: Bc. David Šarnik Vedoucí práce: doc. Ing. Klára Antlová, Ph.D. Liberec 2016 Prohlášení Byl jsem seznámen s tím, že na mou diplomovou práci se plně vzta- huje zákon č. 121/2000 Sb., o právu autorském, zejména § 60 – školní dílo. Beru na vědomí, že Technická univerzita v Liberci (TUL) nezasahuje do mých autorských práv užitím mé diplomové práce pro vnitřní potřebu TUL. Užiji-li diplomovou práci nebo poskytnu-li licenci k jejímu využití, jsem si vědom povinnosti informovat o této skutečnosti TUL; v tom- to případě má TUL právo ode mne požadovat úhradu nákladů, které vynaložila na vytvoření díla, až do jejich skutečné výše. Diplomovou práci jsem vypracoval samostatně s použitím uvedené literatury a na základě konzultací s vedoucím mé diplomové práce a konzultantem. Současně čestně prohlašuji, že tištěná verze práce se shoduje s elek- tronickou verzí, vloženou do IS STAG. Datum: Podpis: Poděkování Děkuji vedoucí diplomové práce paní doc. Ing. Kláře Antlové, PhD. za její cenné rády, které mi poskytla během psaní diplomové práce a za její vstřícný přístup ke konzultacím. Rovněž děkuji své rodině a přátelům za podporu a trpělivost. Neméně děkuji svému konzultantovi Otakaru Niederovi za poskytnuté informace. Anotace Diplomová práce se zabývá srovnáním business modelů ve videoherním průmyslu. Předmětem komparace jsou dva v čase odlišené business modely použité společností Bohemia Interactive a. s. V teoretické části jsou popsány oba zvolené modely a také všechny principy a medotiky, z nichž tyto přístupy vychází. Jmenovitě způsoby vývoje softwaru, projektové řízení ve videoherním odvětví a fáze herního vývoje. -
GAMING GLOBAL a Report for British Council Nick Webber and Paul Long with Assistance from Oliver Williams and Jerome Turner
GAMING GLOBAL A report for British Council Nick Webber and Paul Long with assistance from Oliver Williams and Jerome Turner I Executive Summary The Gaming Global report explores the games environment in: five EU countries, • Finland • France • Germany • Poland • UK three non-EU countries, • Brazil • Russia • Republic of Korea and one non-European region. • East Asia It takes a culturally-focused approach, offers examples of innovative work, and makes the case for British Council’s engagement with the games sector, both as an entertainment and leisure sector, and as a culturally-productive contributor to the arts. What does the international landscape for gaming look like? In economic terms, the international video games market was worth approximately $75.5 billion in 2013, and will grow to almost $103 billion by 2017. In the UK video games are the most valuable purchased entertainment market, outstripping cinema, recorded music and DVDs. UK developers make a significant contribution in many formats and spaces, as do developers across the EU. Beyond the EU, there are established industries in a number of countries (notably Japan, Korea, Australia, New Zealand) who access international markets, with new entrants such as China and Brazil moving in that direction. Video games are almost always categorised as part of the creative economy, situating them within the scope of investment and promotion by a number of governments. Many countries draw on UK models of policy, although different countries take games either more or less seriously in terms of their cultural significance. The games industry tends to receive innovation funding, with money available through focused programmes. -
Brochure Bohemia Interactive Company
COMPANY BROCHURE NOVEMBER 2018 Bohemia Interactive creates rich and meaningful gaming experiences based on various topics of fascination. 0102 BOHEMIA INTERACTIVE BROCHURE By opening up our games to users, we provide platforms for people to explore - to create - to connect. BOHEMIA INTERACTIVE BROCHURE 03 INTRODUCTION Welcome to Bohemia Interactive, an independent game development studio that focuses on creating original and state-of-the-art video games. 0104 BOHEMIA INTERACTIVE BROCHURE Pushing the aspects of simulation and freedom, Bohemia Interactive has built up a diverse portfolio of products, which includes the popular Arma® series, as well as DayZ®, Ylands®, Vigor®, and various other kinds of proprietary software. With its high-profile intellectual properties, multiple development teams across several locations, and its own motion capturing and sound recording studio, Bohemia Interactive has grown to be a key player in the PC game entertainment industry. BOHEMIA INTERACTIVE BROCHURE 05 COMPANY PROFILE Founded in 1999, Bohemia Interactive released its first COMPANY INFO major game Arma: Cold War Assault (originally released as Founded: May 1999 Operation Flashpoint: Cold War Crisis*) in 2001. Developed Employees: 400+ by a small team of people, and published by Codemasters, Offices: 7 the PC-exclusive game became a massive success. It sold over 1.2 million copies, won multiple industry awards, and was praised by critics and players alike. Riding the wave of success, Bohemia Interactive created the popular expansion Arma: Resistance (originally released as Operation Flashpoint: Resistance*) released in 2002. Following the release of its debut game, Bohemia Interactive took on various ambitious new projects, and was involved in establishing a successful spin-off business in serious gaming 0106 BOHEMIA INTERACTIVE BROCHURE *Operation Flashpoint® is a registered trademark of Codemasters. -
19/20 Full Year Report Reg No
APRIL 2019 – MARCH 2020 EMBRACER GROUP AB (PUBL) 19/20 FULL YEAR REPORT REG NO. 556582-6558 OPERATIONAL EBIT INCREASED 35% TO SEK 1,033 M FOR THE FINANCIAL YEAR FOURTH QUARTER, JANUARY–MARCH 2020 (COMPARED TO JANUARY–MARCH 2019) > Net sales were SEK 1,339.1 million (1,630.5). Net sales of the Games business area decreased to SEK 903.5 million (1,034.9). Net sales of Partner Publishing/Film business area decreased to SEK 435.6 million (595.6), mainly due to the covid-19 pandemic closing of retail outlets towards the end of the quarter. > EBITDA amounted to SEK 495.2 million (618.6), corresponding to an EBITDA margin of 37%. > Operational EBIT amounted to SEK 286.0 million (395.9) corresponding to an Operational EBIT margin of 21%. > Cash flow from operating activities before changes in working capital amounted to SEK 384.6 million (527.1). > Cash flow from operating activities amounted to SEK 765.7 million (777.2). > Earnings per share was SEK 0.42 (0.37). > Adjusted earnings per share was SEK 0.97 (1.00). FULL YEAR, APRIL 2019–MARCH 2020 (COMPARED TO APRIL 2018–MARCH 2019) > Net sales increased 3% to SEK 5,249.4 million (5,121.2). Net sales of the Games business area grew 31% to SEK 3,196.5 million (2,447.1), whereas the Partner Publishing/Film business area decreased to SEK 2,052.9 million (2,674,1). > EBITDA increased 33% to SEK 1,821.3 million (1,366.7), corresponding to an EBITDA margin of 35%. -
Game Developer Power 50 the Binding November 2012 of Isaac
THE LEADING GAME INDUSTRY MAGAZINE VOL19 NO 11 NOVEMBER 2012 INSIDE: GAME DEVELOPER POWER 50 THE BINDING NOVEMBER 2012 OF ISAAC www.unrealengine.com real Matinee extensively for Lost Planet 3. many inspirations from visionary directors Spark Unlimited Explores Sophos said these tools empower level de- such as Ridley Scott and John Carpenter. Lost Planet 3 with signers, artist, animators and sound design- Using UE3’s volumetric lighting capabilities ers to quickly prototype, iterate and polish of the engine, Spark was able to more effec- Unreal Engine 3 gameplay scenarios and cinematics. With tively create the moody atmosphere and light- multiple departments being comfortable with ing schemes to help create a sci-fi world that Capcom has enlisted Los Angeles developer Kismet and Matinee, engineers and design- shows as nicely as the reference it draws upon. Spark Unlimited to continue the adventures ers are no longer the bottleneck when it “Even though it takes place in the future, in the world of E.D.N. III. Lost Planet 3 is a comes to implementing assets, which fa- we defi nitely took a lot of inspiration from the prequel to the original game, offering fans of cilitates rapid development and leads to a Old West frontier,” said Sophos. “We also the franchise a very different experience in higher level of polish across the entire game. wanted a lived-in, retro-vibe, so high-tech the harsh, icy conditions of the unforgiving Sophos said the communication between hardware took a backseat to improvised planet. The game combines on-foot third-per- Spark and Epic has been great in its ongoing weapons and real-world fi rearms. -
Bachelorarbeit
BACHELORARBEIT Frau Katsiaryna Zherko Marketingstrategien auf dem Videospielmarkt Mittweida, 2016 Fakultät Wirtschaftsingenieurwesen BACHELORARBEIT Marketingstrategien auf dem Video- spielmarkt Autor: Frau Katsiaryna Zherko Studiengang: Betriebswirtschaft Seminargruppe: BW13w-AA Erstprüfer: Prof. Dr. rer. oec. Serge Velesco Zweitprüfer: Prof. Dr. rer. oec. Volker Tolkmitt Einreichung: Mittweida, 13.08.2016 Verteidigung/Bewertung: Mittweida, 2016 Faculty Industrial Engineering BACHELOR THESIS Marketing Strategies in the Video- games Market author: Ms. Katsiaryna Zherko course of studies: Business Administration seminar group: BW13w-AA first examiner: Prof. Dr. rer. oec. Serge Velesco second examiner: Prof. Dr. rer. oec. Volker Tolkmitt submission: Mittweida, 13.08.2016 defence/ evaluation: Mittweida, 2016 Bibliografische Beschreibung: Zherko, Katsiaryna: Marketingstrategien auf dem Videospielmarkt. - 2016. - VI, 62 S. Mittweida, Hochschule Mittweida, Fakultät Wirtschaftsingenieurwesen, Ba- chelorarbeit, 2016 Referat: In der vorliegenden Arbeit werden der aktuelle Zustand des globalen Video- spielmarktes und die Grundlagen des Videospielmarketings beschrieben, sowie die Marketingstrategien von weißrussischen Videospielentwickler analysiert. Der Autor sammelt die Erfahrungen des realen Videospielentwicklers bei dem Eintritt in den Markt und formuliert Hinweise über das Videospielmarketing für unabhängige Teams, sowie arbeitet Vorschläge aus. Inhalt I Inhalt Inhalt ........................................................................................................................