CI Games CEO lauds record annual revenues months after cutting 10 percent of jobs

Lords of the Fallen developer CI Games has delivered its "best year" ever in revenue terms after raking in over $60 million during fiscal 2023.The company said that revenue total represents a 400 percent upswing year-over-year, and comes with Lords of the Fallen having sold approximately 1.3 million units in under three months.Over that 12-month reporting period, CI Games recorded a gross profit of approximately $6.48 million and a net profit of approximately $3.57 million. EBITDA amounted to roughly $24 million.CI Games Group CEO, Marek Tymiński, described the 2023 fiscal year as a "period of continued momentum" thanks to the launch of Lords of the Fallen, which was the most expensive title in the company's history and generated 83 percent of sales revenue across…

Atari nabs Rollercoaster Tycoon 3 rights for up to $7 million

Atari has purchased the rights to Rollercoaster Tycoon 3 from Frontier Developments in a deal worth up to $7 million.The company currently manages the Rollercoaster Tycoon franchise under a "long-term licensing agreement" with series creator Chris Sawyer and is currently working to develop new titles, expand digital and physical distribution, and explore brand and merchandising collaborations.As part of that agreement, Atari publishes other key entries in the series including Rollercoaster Tycoon, Rollercoaster Tycoon 2, Rollercoaster Tycoon Classic, and Rollercoaster Tycoon Puzzle.Atari will now step in to publish Rollercoaster Tycoon 3 as a result of the deal, which will see it hand over an initial consideration of $4 million before paying a "potential deferred cash consid…