News
Thunderful announces second restructuring program resulting in more layoffs
Firm aims to focus on third party publishing and scale back on internal development
Thunderful
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Thunderful calls 2024 "a transitional year" as net revenue drops 14.5% YoY
Switch to a "pure-play company" has led to a "very eventful" first half-year
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Thunderful Group sells all distribution businesses to Bergsala NDP
Divestment was announced to shareholders in May, transaction has completed today
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Thunderful selling Nordic Game Supply to distributor's acting CEO
Group has been evaluating how to deal with business' struggles with profitability in recent years
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Thunderful extends distribution agreement with Nintendo
SteamWorld firm's Bergsala division will be platform holder's exclusive Nordic distributor for another two years
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SteamWorld's Brjánn Sigurgeirsson: "We were terrified of making the same game over and over"
Thunderful and Image & Form co-founder explains why the franchise changes genre with every release
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Thunderful CEO says restructure is "off to a good start" as it reports full-year loss of $60m
Decline in distribution business partly driven by weaker sales for Switch hardware in Nordic region
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Thunderful announces restructuring that will cut 20% of its workforce
Company aiming for annual cost reductions between $8.6 million and $10.5 million
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Thunderful shakes up leadership team
Four new execs appointed as Agostino Simonetta leaves the company
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Thunderful H1 revenue gets a 4% bump
CEO talks of "mixed results" for Q3 but distribution revenue increases due to ongoing Tears of the Kingdom sales and a continued effect from the Mario movie
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Thunderful Group names Massive founder Martin Walfisz as new CEO
Walfisz takes over from acting CEO Anders Maiqvist after Brjann Sigurgeirsson stepped down last year
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Thunderful's Q1 revenue mostly flat year-on-year
A slight decline in the Swedish company's distribution segment is balanced out by growth on the games side
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Thunderful's full-year profits rise to $106.3m
Group's games businesses boosted by strong Q4 releases, but distribution is still king
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Thunderful Group acquires Say No! More developer Studio Fizbin
German games developer will become a subsidiary of Headup, is Thunderful's eleventh studio
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Robot Teddy announces slate of leadership appointments
Amanda Farough, Mike Futter, Alessandro Bovenzi, Hans van Brakel, and Naaila Mohammed have joined the firm
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Thunderful Q3 revenues down 5%, profits down 76%
But CEO Anders Maiqvist says firm is "back on profit-generating levels" after three weak quarters
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Thunderful acquires Jumpship as studio launches debut title Somerville
Jumpship will retain creative autonomy, co-founder Dino Patti to serve as strategic advisor for Thunderful
Feature
Game publishing in the post-publishing era | Playable Futures
Thunderful Group’s chief games officer Agostino Simonetta considers a future for game publishing defined by grand opportunity and grand changes