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]
Published: May 8, 2023 02:00 pm