![]() Estimates from gaming analytics firm NewZoo put global mobile gaming revenue in 2022 at $92.2 billion, more than 6 percent down from a year earlier. ![]() The mobile game market, which shot up during the COVID pandemic, has been sharply down as of late. The company last month unveiled it was laying off some 600 employees, 15 percent of its workforce, as it consolidates studios to focus on its “core products.” ![]() Playtika itself is carrying out some international consolidation. Sony Interactive Entertainment last year acquired, for $3.6 billion, Halo creator Bungie Inc. Microsoft is in the process of buying Activision Blizzard, makers of Call of Duty and World of Warcraft, for $69 billion. Playtika’s move for Rovio follows similar consolidation moves across the gaming industry. Rovio will release further information at an appropriate time.” “There can be no assurance that the strategic review and the preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction. “Pursuant to its fiduciary duties, the board of Rovio continues to explore all strategic alternatives in order to reach the best possible outcome for Rovio and its shareholders,” the company said in a statement. 'Heart of Stone' Review: Gal Gadot and Jamie Dornan Tangle in Familiar but Diverting Netflix Spy Thriller
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