Best News Network

Plaion restructure to merge Prime Matter, Deep Silver, and Ravenscourt

plaion deep silver ravenscourt merger prime matter

Some layoffs expected from consolidation

Publisher holding company Plaion, (formerly known as Koch Media), is planning to consolidate several labels under one banner — Publishers Deep Silver, Ravenscourt, and Prime Matter are all to merge under the Plaion label.

Announced during a recent media presentation, Plaion notes that it hopes to see its companies produce fewer titles with higher overall quality. Deep Silver is perhaps best known for handling franchises such as Saints Row and Dead Island, while Ravensourt handles simulations and casual, family-friendly releases. Prime Matter is still in its infancy, having been founded in 2021.

Unfortunately, in a statement to GamesIndustry.biz, Plaion noted that it expects a handful of layoffs as part of the merger plans, but that the move is necessary in order for the label to “simplify its publishing operations.” The merger is expected to roll out over the next 12 to 24 months.

Plaion is restructuring, layoffs planned [GamesIndustry.biz]

Chris Moyse

Senior Editor – Chris has been playing video games since the 1980s and writing about them since the 1880s. Graduated from Galaxy High with honors. Twitter: @ChrisxMoyse

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest gaming News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.