Arkadium launches publishing arm | GamesIndustry.biz

Online gaming platform Arkadium has launched a publishing service for browser games. The company is offering third-party publishing to browser-based developers following the success of its developer program that launched in April. Arkadium has also created a new $1 million fund that will provide developers with financial support and resources. As part of the announcement, … Read more

Intel sells share stake in Arm

Intel has sold its 1.18 million share stake in British semiconductor company Arm. According to a regulatory filing, Intel raised an estimated $146.7 million from the sale based on Arm's average share price between April and June, according to Reuters calculations. Arm debuted on the Nasdaq Fund Network in September last year, closing its first … Read more

BTS agency Hybe raises $80m for video games arm

Hybe Interactive Media has raised $80 million in a strategic investment that will allow it to expand its game publishing operations. Hybe is the South Korean entertainment giant behind the popular boy band BTS and operates several music labels across multiple markets. Hybe IM, the company's gaming division, was formed in 2021. The $80 million … Read more