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Sega offers $776 million for Angry Birds maker Rovio
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +1 min
HELSINKI, April 17 (Reuters) - Japan's Sega Sammy Holdings Inc (6460.T) has agreed to launch an offer for Finland's Rovio Entertainment (ROVIO.HE), the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over Friday's closing price of 7.775 euros. Rovio, which has been conducting a strategic review, on Saturday said it was in talks with Sega over a possible tender offer. The Wall Street Journal had reported on Friday that a deal between the two companies was imminent. Israeli peer Playtika (8II.F), had made a preliminary bid in January to buy Rovio for 683 million euros, but the Angry Birds maker confirmed last month talks had ended.
“Angry Birds” may finally have found right nest
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 17 (Reuters Breakingviews) - The winning trick of “Angry Birds” is to fire your slingshot at just the right angle to knock out the squadrons of enemy green pigs attempting to steal the birds’ eggs. Japanese gaming company Sega Sammy (6460.T) may have found that position. On Monday, Sega agreed to pay about 700 million euros in cash for Rovio Entertainment (ROVIO.HE), the maker of the “Angry Birds” franchise. The 9.25 offer price is a 63% premium to the closing price of Jan. 19, when rival suitor Playtika (8II.F)made a previous approach. Half the investors have preliminarily accepted the deal, and Rovio shares are near the offer price.
Rate-sensitive technology shares <.SX8P> fell 1.2% tracking overnight losses on Wall Street, while banking shares (.SX7P), which were the biggest gainers on Friday, fell 0.3% . Investors will closely monitor a slew of earnings reports led by Goldman Sachs (GS.N), Morgan Stanley (MS.N) and Bank of America (BAC.N) due later in the week. Last week, Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system. "Cautious optimism is the Monday motivation mantra, as stronger U.S. corporate news and signs of consumer resilience help to mask ongoing worries about the knock-on effect of higher interest rates," said Susannah Streeter, head of money and markets, Hargreaves Lansdown. Shares of Rovio (ROVIO.HE) rose 17.8% after Japan's Sega (6460.T) agreed to launch a 706 million euro offer for Angry Birds maker.
Morning Bid: Banks calm the horses
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +5 min
As U.S. banking giants calm the horses, global investors are now concentrated on world growth and earnings signals more than interest rate rises for direction - with an assumption the latter are near an end anyway. Somewhat relieved analysts marginally brightened their dim outlook for first-quarter U.S. results compared with a week ago. Futures markets now see a more than 80% chance the Fed will execute one final quarter point rate rise next month - reversing it by September. That rate rise would bring the real Fed policy rate - adjusted by headline consumer price inflation - into positive territory for the first time in three years. The dollar extended Friday's rebound as the May rate rise pricing hardened.
April 15 (Reuters) - Rovio Entertainment (ROVIO.HE), the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan's Sega Sammy Holdings Inc (6460.T) over a possible tender offer. Rovio announced the start of a strategic review and preliminary non-binding discussions regarding a potential tender offer for its shares in February, a statement from the group said. "As part of its strategic review, Rovio Entertainment Corporation confirms that it is in discussions with Sega Sammy Holdings Inc," it said. The company added in the statement that there "is no certainty as to when the possible tender offer would take place, or whether it would take place at all". Rovio received a 683 million euro takeover bid in January from Israeli peer Playtika Holding Corp (8II.F), but the talks were called off last month.
Sega is nearing a deal to buy "Angry Birds" game creator Rovio Entertainment. After much success launching "Angry Birds" in 2009, the Finnish company reported losses in 2019. Rovio, a Finnish company that went public in 2017, has experienced vast success from its "Angry Birds" mobile game franchise. Since its debut in 2009, "Angry Birds" has inspired multiple spinoff games as well as TV shows and movies. Sega Sammy Holdings — which was formed by a merger of Sega and Sammy Corporation in 2004 — is best known for its "Sonic the Hedgehog" games and films.
An Angry Birds balloon floats during the Thanksgiving Day Parade in New York. Sega Sammy Holdings Inc. is nearing a deal to acquire the company behind the “Angry Birds” mobile game for about $1 billion, according to people familiar with the matter. The Japan-based entertainment conglomerate could seal a deal to buy Rovio Entertainment Oyj by early next week, assuming the talks don’t break down or drag out, the people said.
An Angry Birds balloon floats during the Thanksgiving Day Parade in New York. Sega Sammy Holdings Inc. is nearing a deal to acquire the company behind the “Angry Birds” mobile game for about $1 billion, according to people familiar with the matter. The Japan-based entertainment conglomerate could seal a deal to buy Rovio Entertainment Oyj by early next week, assuming the talks don’t break down or drag out, the people said.
April 14 (Reuters) - Japan's Sega Sammy Holdings Inc (6460.T) is nearing a deal to acquire Rovio Entertainment (ROVIO.HE), the company behind the 'Angry Birds' mobile game, for about $1 billion, the Wall Street Journal reported on Friday. Tokyo-based Sega could finalize the deal to complete the acquisition of Rovio by early next week, the report said citing people familiar with the matter. Israeli peer Playtika (8II.F), had made a preliminary bid in January to buy Rovio for 683 million euros ($750.96 million), but the Angry Birds maker confirmed last month talks had ended. Rovio and Sega did not immediately respond to Reuters' requests for comment. ($1 = 0.9095 euros)Reporting by Rahat Sandhu in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Cyber Monday 2022 is quickly coming to an end so this is your last chance to save big on games for PlayStation 5, as well as discounts on PS5 accessories. Best Cyber Monday deals on PS5 controllers and accessoriesDeal icon An icon in the shape of a lightning bolt. $49.99 from Best Buy Originally $69.99 Save 29%Deal icon An icon in the shape of a lightning bolt. $44.99 from PlayStation Originally $59.99 Save 25%Deal icon An icon in the shape of a lightning bolt. $1,698.00 from Amazon Originally $2,299.99 Save 26%Best Cyber Monday deals on PS5 gamesDeal icon An icon in the shape of a lightning bolt.
Cyber Monday is delivering some fantastic deals on Xbox consoles, games, and gear, including the best price we've seen on the Xbox Series S.Microsoft's online store is the best place to find the more expensive and more powerful Xbox Series X console on Cyber Monday, while discounts on controllers and games can be found at stores like GameStop, Best Buy, and Amazon. Below, we've collected all the best Xbox deals during Cyber Monday 2022, from console sales and bundles to various popular games and accessories. Best Cyber Monday deals on Xbox consolesDeal icon An icon in the shape of a lightning bolt. Great Price Xbox Series S During the holidays, Microsoft is offering their budget console, the Xbox Series S, for $60 off. Deal Microsoft Xbox Series S|X Wireless Controller The new Xbox controller is a streamlined, enhanced version of the previous Xbox gamepad.
Cyber Monday 2022 is here with big deals on games for PlayStation 4 and PlayStation 5, as well as discounts on PS5 accessories. Best Cyber Monday deals on PS5 controllers and accessoriesDeal icon An icon in the shape of a lightning bolt. $49.99 from Best Buy Originally $69.99 Save 29%Deal icon An icon in the shape of a lightning bolt. Great Price PlayStation Plus Essential (12 Months) Cyber Monday is one of the best times of the year to renew your PlayStation Plus subscription thanks to the 25% discount. $44.99 from PlayStation Originally $59.99 Save 25%Deal icon An icon in the shape of a lightning bolt.
The best Cyber Monday game console dealsDeal icon An icon in the shape of a lightning bolt. Great Price Xbox Series S During the holidays, Microsoft is offering their budget console, the Xbox Series S, for $60 off. The best Cyber Monday game dealsDeal icon An icon in the shape of a lightning bolt. $39.99 from Best Buy Originally $59.99 Save 33%The best Cyber Monday gaming accessory dealsDeal icon An icon in the shape of a lightning bolt. Deals on essential subscriptions like Xbox Game Pass and Nintendo Switch Online are also available during Cyber Monday, too.
The best Walmart Cyber Monday tech dealsDeal icon An icon in the shape of a lightning bolt. $35.00 from Walmart Originally $69.99 Save 50%Deal icon An icon in the shape of a lightning bolt. $299.95 from Walmart Originally $499.95 Save 40%Deal icon An icon in the shape of a lightning bolt. $997.99 from Walmart Originally $1,270.00 Save 21%The best Walmart Cyber Monday home dealsDeal icon An icon in the shape of a lightning bolt. $99.00 from Walmart Originally $249.99 Save 60%The best Walmart Cyber Monday kitchen dealsDeal icon An icon in the shape of a lightning bolt.
The Sega Genesis Mini 2 launched on October 27 exclusively at Amazon. The retro gaming console features 60 games from the Sega Genesis and Sega CD. Like the earlier model, the Genesis Mini 2 is designed to let buyers play retro Sega games on their TV. The Genesis Mini 2 has 60 games, while the original Genesis Mini had 42. Are there other ways to play classic Sega Genesis games?
Why do so many industries treat voice actors poorly?!?" Rather than having a set salary, Hayhurst said, video game voice actors often have an hourly rate that’s agreed upon before they begin recording. Video game voice actors are eligible to be represented by the Screen Actors Guild‐American Federation of Television and Radio Artists. In 2017, SAG-AFTRA reached an agreement with video game companies, after a nearly yearlong strike by the union against video game producers, developers and publishers, Variety reported. In some cases, video game voice acting is more than delivering lines of dialogue in a booth.
In-game adtech company Bidstack recently raised an $11 million post-IPO equity round. Check out the key slides from the pitch deck that helped Bidstack land its latest investment. Founded in 2015, Bidstack started as an adtech company that helped advertisers buy space on digital billboards, using programmatic technology. Bidstack posted a loss of 6.3 million pounds ($6.9 million) last year and grew revenue by 55% to 2.6 million pounds ($2.9 million). Check out the key slides from the pitch deck that helped Bidstack snag $11 million in investment.
Cum arată cei 50 de ani de istorie a industriei jocurilor videoDe la începutul jocurilor arcade, până la apariția consolei pe care o poți folosi și acasă, industria jocurilor video a crescut exponențial în ultimele decenii. Graficul de mai jos arată modul în care industria s-a schimbat și a crescut începând cu anii ’70. După ce a scăzut din cauza unui exces de clone nereușite a jocului Pong, lansarea Space Invaders în 1978 a revigorat piața. Chiar și Microsoft a recunoscut importanța jocurilor pe PC-uri și a dezvoltat DirectX API pentru a ajuta la programarea jocurilor. 2001 – prezent: Boom-ul onlineCu toate acestea, creșterea în utilizare și disponibilitate a Internetului și a dispozitivelor mobile a făcut ca industria jocurilor să crească și ea de la zeci de miliarde la sute de miliarde.
Organizations: Space, Nintendo, Sega, Sega Mega, Sony, PlayStation, Microsoft, Xbox, Boom, Blizzard, Nokia, Amazon, Google
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