💼 An interesting business case from the gaming industry market.Pearl Abyss announced the sale of CCP Games along with EVE Online back to its leader Hilmar Petursson for $120 million, which is almost half the purchase price in 2018.Then the Korean company paid $225 million. Initially, Pearl Abyss was looking for a third-party buyer, but in the end decided to return the asset to the previous management.The company explained this by changing strategic priorities and current market conditions, noting that such a step is beneficial to both parties and does not exclude future cooperation.EVE Online itself did not lose efficiency in mining money.But other CCP projects, alas.Among the failures are Dust 514, EVE Valkyrie, Project Nova and other experiments in the EVE universe, including mobile games.As a result, the top CCP Games were able to earn $105 million and regain control of the studio.It’s worth feeling sorry for or trolling Pearl Abyss.With such success, Crimson Desert can afford them.
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