Work-for-hire animation and character art studio Rekindled has secured £225,000 in a funding round led by a group of angel investors. The investors include Finstock Capital co-founders Oliver Jenkinson and Edo Salvesen, Lvl Up Partners co-founders Steve Tinkler and Felix Wong, and The Multiplayer Group co-founder Steve Bennett. The UK-based studio intends to use the … Read more
Warner Bros. has released its financials for Q4 and FY2024, reporting that revenue for its games segment dropped 29% year-on-year for the three months ended December 31, 2024. Detailed figures are not provided for games revenue (which falls under the Studios segment). However, the firm said that while games revenue decreased in Q4, it experienced … Read more
4A Games Ukraine has rebranded to Reburn, and has announced its new IP La Quimera. As reported by Polygon, La Quimera was co-created by Reburn alongside filmmaker Nicolas Refn (Drive, Only God Forgives) and writer E.J.A. Warren. Currently in development, La Quimera is a first-person shooter set in a fictional Latin American metropolis. It is … Read more