Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
San Diego, CA 08/21

Regularly scheduled events

Hawken Gets $10M in Funding

Indie developer Meteor Entertainment has raised 10 million dollars to fund development of Hawken, the mech combat game in development at their subsidiary Adhesive Games, reports VentureBeat. They say the benefactors in this case is FirstMark Capital, the same group that funded Riot Games' development of League of Legends. “We are seeing the rise of the direct-to-consumer model, where all is downloadable and free-to-play,” Rick Heitzmann, founder and managing director of FirstMark Capital, told VentureBeat. “You can disrupt the business with a free-to-play title. Gamers are willing to pay via virtual goods to do that. League of Legends is a fantastic title, but it is just one game and one genre that has blown up. We think it’s possible to produce very high quality games that have huge audiences that are willing to pay.”

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Warhammer: 40,000 Eternal Crusade Next Month
DCS: Bf 109 K-4 Kurfürst Takes Off
Star Citizen Gamescom Presentation
Saturday Patches
Gatherings & Competitions
Saturday Consolidation
Saturday Tech Bits
Hardware Reviews
etc.
Out of the Blue
Free Umbrella Corps Weekend
EVE Online Free Weekend
F1 2016 Released
TOXIKK & Free Trial Next Month
Bonus Weekend in GTA Online, Battleborn, Evolve
Dishonored 2 Gamescom Video
Prey 2 Video
Evening Patches
Evening Consolidation
Evening Mobilization
  

 



footer

Blue's News logo